Posted Nov 5, 2023, 8:50 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 46,949
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NEW YORK | 524 Fort Washington Avenue | 268 FT | 23 FLOORS
Project: 524 Fort Washington Avenue
Quote:
After more than 15 years of being in development limbo, a long-delayed development site in Washington Heights has finally commenced construction and will become the largest new condominium project in Upper Manhattan. Located at 524 Fort Washington Avenue / 29 Overlook Terrace, the substantial tower will rise 23 stories, 268 feet tall, and will include 164 condominium residences, a 135,000-square-foot community facility, and an 86-vehicle parking garage.
Sumaida + Khurana, in partnership with Bizzi & Partners, are the developers of this 330,000-square-foot project. Last year, Crain's reported that these developers acquired the property for $12 million from Amalgamated Bank, which had taken control of the site following a lengthy foreclosure process involving the previous developer, Ruddy Thompson. Thompson had spent over a decade attempting to build a 29-story glass tower designed by Gertler & Wente Architects.
For this project, the joint venture enlisted the firm Marvel Architects, who designed a masonry, sandstone-colored exterior featuring intricate brickwork and deeply-inset picture windows. The design appears to complement the monumental character of its location, which stands as one of the highest elevations on Manhattan Island. Processions of double-height pylons will ring parts of the base and crown, and bronze-finished balconies will be interspersed throughout to break up the heavy massing.
Permits indicate that foundation work has already commenced, and completion can be expected sometime around 2027.
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City Realty
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