Monday, July 6, 2015

Soaring 34-Story Tower to Break Ground at Riverside Center

After years of delay, Extell Development and the Carlyle Group plan to begin construction work on another huge residential property at 633 West 59th Street. The 330,000 square foot tower will rise 34-stories and house 244 apartments, with prices ranging from $1.25 million for a one-bedroom apartment to $20 million for a penthouse with terrace. Building 4 will be located mid-block between West 59th and West 60th streets, at the long-stalled five-tower complex called Riverside Center, a massive parcel of land overlooking the Hudson River.

The latest tower, designed by Goldstein, Hill & West Architects, will have 247 market-rate apartments spread across 326,189 square feet, with 1,844-square-feet of retail space on the ground floor housing a cafe

Units will range from one-bedrooms starting at 800 square feet to four-bedrooms that start at 3,000 square feet. Most units gas fireplaces, marble kitchen counters and walnut vanities in their master baths.

Amenities will include a swimming pool on the cellar-level, as well as 2,110 square feet for a community facility.

 The building is one of five that make up the Riverside Center mega-development, one of the last large development sites available in Manhattan. Two other towers at the site are already under construction.
Riverside Center is a five-tower, 3.3 million square foot development that will include 2,500 apartments, a hotel, a movie theater, an auto showroom, a new public school and hundreds of thousands of square feet of retail and office space, has broken ground along Riverside Boulevard between 59th and 61st Streets.

The site, part of the parcel of land between 59th and 72nd Streets along the Hudson River that was once owned by Donald Trump, is the largest development project on the Upper West Side.

Riverside Center is the southernmost development of the stretch. [See ElectricWeb | Blogger, July 27, 2011]

Until recently, auto body shops and a parking lot had occupied the site of Riverside Center. When it is completed, the Riverside Center development will have five apartment towers with a park in the middle.

Locals fought over aspects of the development for months until it was approved by the City Council. Twenty percent of the apartments are supposed to be affordable, while the rest to be ultra-luxurious. Carlyle Realty Partners and Extell Development Company are developing the site.

Riverside Center is the final undeveloped parcel in the 77-acre Riverside South mega-project, and will stretch from 59th to 61st Streets, and West End Avenue to the edge of the West Side Highway. Extell and Carlyle Realty will continue to develop the parcel over the next few years.

 Riverside Center will contain:
  •      3.3 million gross square feet.
  •      A new K-8 school on West 61st Street - enrolling up to 1,300
  •      A 250-room hotel off West 59th Street.
  •      A massive underground automobile service center with a street-level showroom.
  •      A shallow fountain and scrim that children and adults could walk into.
  •      More than 3 acres of public space.
  •      12% of the units set aside for affordable housing.
The entire development expected to be completed by 2018.

Visit Our Sponsors

Page Views

Since October 1, 2011