NEW YORK | 373 West 207th Street | 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.

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NYY

[chris08876]

3875 9th Avenue


Credit: Buzzbuzzhome

3875 9th Avenue is a new apartment development by Maddd Equities currently in preconstruction at 3875 9th Avenue, New York. 3875 9th Avenue has a total of 614 units.

3875 9th Avenue Details

Website: -
Building Type:
Apartment
Leasing Status: Pending
Rentals Start: -
Construction Status: Preconstruction
Construction Start Date: -
Estimated Completion: -

[Busy Bee]

Looks good. Hopefully first of many for Inwood.

[NYC2ATX]

Seriously, the blocks just south of here and below 207th are mostly underdeveloped, industrial and ripe for a upgrade.

[chris08876]

Maddd Equities receives approval for 611-unit Inwood affordable housing project

Six years after purchasing the site, Maddd Equities has finally received approval from the Department of Buildings for a 611-unit affordable housing project in Inwood once jeopardized by the legal fight over the neighborhood’s rezoning.

After Maddd acquired the site for $4.25 million in 2015, plans for the project — made in conjunction with Joy Construction — were first filed three years ago. Controversy surrounding Inwood’s rezoning put the project in doubt prior to last week’s approval, first reported by Crain’s.

The plans call for two towers of completely affordable housing at 373 West 207th Street, along with 60,000 square feet of commercial space. Included in the towers would be laundry, a fitness center and outdoor recreation space.

The 686,000-square foot project was imperiled in 2019 after a judge overruled a rezoning plan in Inwood first approved by City Council the previous year. The city appealed, resulting in a reversal of the judge’s decision and reinstatement of the rezoning plan for Inwood, hampering the efforts of activists who believe minority residents could be displaced by new housing.

While approval on the project is a key step for Sherman Creek North Cove, as the building is dubbed, construction can’t begin quite yet. The Department of Housing Preservation and Development has yet to release $300 million in funding for the project, according to Crain’s.

Depending on when the financing is made available, the developers hope to begin construction by the end of the year. Under that timeline, construction would end by June 2024. Maddd Equities purchased the building in 2015 for $4.25 million.

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TRD

[Busy Bee]

Good to see this moving forward.

[chris08876]

DOB Approves 30-Story Mixed-Use Tower At 3875 Ninth Avenue In Inwood, Manhattan

The New York City Department of Buildings recently approved applications to construct a new 30-story mixed-use property at 3875 Ninth Avenue in Manhattan. The development is located at the waterfront edge of Inwood and will create over 600 units of affordable and middle-income housing, roughly 62,000 square feet of retail space positioned on the lower levels, and 122 parking spaces.

Designed by Aufgang Architects, the building will comprise approximately 544,000 square feet and top out at 295 feet. The façade includes a mix of red and gray cladding, a typical punched window system, and full-height glass walls at the first and second floors where the retail component is positioned.

The massing gradually sets back above the tenth, 12th, and 17th floors. Renderings do not clearly illustrate how the open spaces above these floors will be activated, but a mix of private and communal terraces is most likely.

Jorge Madruga, founder and managing principal of Maddd Equities, is listed as owner of the building on permit applications filed with the Department of Buildings. Joy Construction will serve as general contractor. Construction is not expected to break ground until funding and incentives are secured from city agencies.

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NYY

[Hudson11]

the Harlem River is ripe for housing development on both sides. More of this.

[Barney Greengrass]

Judging by that rendering Gene Kaufman will be filing a cease and desist order against Aufgang for stealing his aesthetic. Seriously, this is an interesting waterfront site bursting with history, and that is what they conjured up? I hope it doesn't set a precedent for what's to come in the area. The massing isn't bad, but every other choice is decidedly Kaufmanesque.

[Busy Bee]

^ I actually thought the same but decided not to poo-poo it right out of the gate.

[chris08876]

Credit: Nickfloyo