The Real Deal just reported that construction on a new development at 212 West 95th Street will soon begin. The developers are hoping the building will be up by 2020.
The building will have 19 stories with 2 apartments per floor, plus retail and garage parking. According to city records, the building may also include a gym, sauna, art gallery and roof deck (though construction plans often change, so we’ll update this post as we get more info).
The site was the former home of an SRO and a parking lot, which were acquired by the developers – Certes Partners and United Management – for a total of $41 million.
This is likely good news for apartment owners at the Princeton House across the street, especially those looking to sell in the next few years.