At 32-stiories, 1800 Park Avenue will top the 19-story State Office Building on West 125th Street by a large margin.
The Continuum Company picked up the 37,000 square-foot development site on the western side of Park Avenue for $65 million last year, and has hired ODA Architecture to design the project.
The site wraps the entire eastern end of the block between Madison and Park and East 125th and 124th streets.
Under New York City’s 80/20 program, 20 percent of the development’s 682 apartments will be set aside for affordable housing, while 545 of the apartments will rent at market-rates.
An East Harlem community board recently voted to approve a special zoning variance that will allow the project to include more retail space and less parking. Present zoning mandates that building developers provide parking spaces for 40% of all residential units.
“We think the trade-off between parking and retail is beneficial to the neighborhood,” said George Sarkissian, of Community Board 11, of the massive mixed-use project.Construction on the retail portion of the project should be ready for occupancy within 24 months.
The 63,200 square-feet of ground floor and second-story retail will cut available parking to just 123 spots for the 682 unit complex. Originally, the second floor was to have a garage with 304 parking spaces for building residents.
When completed, the 1800 Park Avenue will reach into the skyline as Harlem’s tallest structure.
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