Showing posts with label new apartment building. Show all posts
Showing posts with label new apartment building. Show all posts

Thursday, October 25, 2012

New apartments planned for Henry Hudson Parkway


By MIAWLING LAM
Three houses will be demolished and could be replaced
with a seven-story apartment building

Three local residential houses will be completely demolished to make way for a new seven-story apartment residence, the Riverdale Review can reveal.
Excavation crews are slated to begin razing the row of two-story homes, located at 2727-2737 Henry Hudson Parkway, on Thursday, October 25.
According to filings with the New York City Department of Buildings, a developer plans to build a new 56-unit residential building with 45 enclosed parking spaces on site.
The project, an as-of-right development, does not require community-board approval.
The plan is still going through other approvals processes, but if given the green light, it will be the first multi-unit apartment residence to begin construction in Riverdale since the economy bottomed out.
Demolition crews began erecting a safety fence on the Henry Hudson Parkway side last Thursday, with one worker confirming the redevelopment plans.
“Once we have all the fencing up, we’ll start bringing the machinery in and start getting the work done,” he said, adding that a temporary fence will also be built at the rear of the site.
The employee said the demolition “shouldn’t take that long,” but declined to provide a more specific timeframe or estimated completion date.
Published reports indicate that HH Realty purchased the 0.47-acre lot for $2.875 million in an all-cash deal in April 2012.
As of press time, Shay Zach of Itzhaki Properties, the broker who represented both the buyer and seller, did not return a call for comment.