More than 1,000 new rental apartments are headed for Lincoln Square, the Upper West Side microhood between Central Park West and the Hudson River and 59th and 72nd streets. The Journal checks in on a few of these buildings. Here's how the construction timelines will shake out:
1) 21 West End Avenue: This SLCE-designed building broke ground in late 2012 and is the first under-construction portion of the Riverside Center megaproject. Unlike most developments built by Dermot Company, this one includes 3BR pads because it's a family-oriented area.
2) 160 West 62nd Street/175 West 60th Street: Glenwood Management is already at work on on 160 West 62nd Street, the rental tower that will stand across the street from Damrosch Park. Rents there should range from about $5,000/month for a 1BR to $10,500/month for a 2BR. Another Glenwood rental nearby, a planned 257-unit tower, will break ground at 175 West 60th Street this year.
3) 170 Amsterdam Avenue: Equity Residential picked up this site for $76.5 million in late 2011, and construction is now in progress on a 20-story, 235-unit building. Leasing will probably begin in late 2014.
· Lincoln Square Growing Without a Pause [WSJ]
· Unarrested Development [Curbed]
· 160 West 62nd Street coverage [Curbed]