tag:blogger.com,1999:blog-2048034911181517049.post1381426477040875608..comments2024-03-27T05:56:36.051-04:00Comments on H A R L E M + B E S P O K E: ☞ REVIVE: 205 West 119th Street UpdateUlysseshttp://www.blogger.com/profile/00817576268296958520noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2048034911181517049.post-31204721361913580462010-08-20T13:20:49.795-04:002010-08-20T13:20:49.795-04:00Evidently the above properties are all part of the...Evidently the above properties are all part of the HPD Cornerstone Program, specifically the "Bradhurst Cluster, Cornerstone IV."<br /><br />From the City Council resolution on the above project:<br /><br />"Site 6 is located at 203-205 West 119th Street between Adam Clayton Powell Boulevard and St. Nicholas Avenue. The site is currently vacant, and is zoned R7-A. The site will be developed as an eight-story building with 36 residential rental units and ground floor community facility space intended for a not-for-profit group. The total square footage is approximately 29,013 square feet, with 4,015 square feet of community facility space and an additional 3,025 square feet of outdoor recreational space. Twenty-eight units will be targeted to households earning up to 130% AMI, and 8 units to up to 80% AMI."<br /><br />The income targeting for this development appears to be pretty solidly "middle." Based on the specific definitions laid out in the deed, the "80% AMI" tier actually accommodates income levels up to 100% AMI, and the "130% AMI" tier allows for incomes up to 175% AMI -- which means households with income north of $100K may still qualify.<br /><br />Apartment rents for the higher tier are specified in the project documentation as ranging from $1,280 (for studios) to $2,089 (for two-bedrooms).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2048034911181517049.post-50883794653472761422010-08-20T12:44:09.882-04:002010-08-20T12:44:09.882-04:00Based on some ACRIS and Google searches, this appe...Based on some ACRIS and Google searches, this appears to have the fingerprints of L & M Development Partners -- the firm at did PS90 and Kalahari, as well as a lot of affordable projects in Manhattan elsewhere.<br /><br />It looks like the land for 205 W 119th was acquired in partnership with HDC in a single transaction that also included 203 W 119th, 2078-2080 Frederick Douglass Blvd, and 311 W 141st.<br /><br />I'll see if I can find anything else.Anonymousnoreply@blogger.com