Units
950
SF
1,000,000
Capitalization
$650 million
Status
Predevelopment
Role
Development manager
Partners
Undisclosed
Architect
SHoP Architects
Lender
ConnectOne
One45
145th Street and Lenox Ave, Harlem, NYC
Pointsfive is directing the rezoning/entitlement, design, capital placement, and development of an assemblage through the NYC Uniform Land Use Review Procedure (ULURP) for a two-tower, 1 million square foot, 950-unit mixed-use development comprising mixed-income rental housing, retail, office, and cultural and event space. The development team has completed schematic design and is in advanced stages of CEQR review by the NYC Department of City Planning. Anticipated DCP certification in Fall 2021 and groundbreaking in 2022.
