NEW YORK | 3875 Ninth Avenue | 295 FT | 30 FLOORS

[chris08876]

Inwood’s Post-Rezoning Era Kicks Off With Filings For 30-Story & 614-Unit Project At 3875 9th Avenue

Permits have been pre-filed for a thirty-story mixed-use building at the waterside 3875 9th Avenue in Inwood, Manhattan. The site is two blocks away from the 207th Street subway station, serviced by the 1 train, and four blocks from the 207th Street subway station, end of the line for the A trains. Maddd Equities is listed as behind the applications.

The neighborhood has been largely devoid of new development and has often been considered the last refuge of affordable housing in Manhattan. This proposal comes after the City Council voted to approve the rezoning of the neighborhood, which faced heated resistance from local NIMBYs.

The 295-foot tall structure will yield 600,000 square feet, with over half a million square feet dedicated to residential use, and 65,000 square feet for commercial-retail use. 614 apartment units will be created, averaging 840 square feet apiece, indicating rentals. An estimated twenty percent of all units will likely be let as affordable.

The building will include a lobby, a 100-car garage, storage for 308 bicycles, and a recreation room on the top floor.

Aufgang Architects are listed as responsible for the design.

The lot is currently vacant, meaning construction can start as soon as permits are approved. The estimated completion date has not been announced.

=======================
NYY