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UWS Synagogue Conversion Into 51-Story Condo Gets Financial Backing

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Tentative plans call for the creation of a luxury building with 112 apartments

Plans to convert the old Lincoln Square Synagogue building into condos is moving forward with the developer, SJP Properties having just acquired a $160 million loan, the Commercial Observer reports.

SJP purchased the 5,000 square foot property at 208 Amsterdam Avenue along with Mitsui Fudosan America in October last year for $275 million.

Developers now plan to construct a 51-story tower with 112 apartments at the site of the synagogue, which is still standing today.

The Lincoln Square Synagogue moved to its new location just a short walk south at 180 Amsterdam Avenue in 2013, a project that cost $50 million.

Plans are yet to be filed for the new condo building set to rise at 208 Amsterdam Avenue.