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Old Posted Jun 7, 2018, 2:28 AM
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Rose Companies files plans for 384-unit resi complex in East Harlem

Quote:
Jonathan Rose Companies is planning a 384-unit mixed-use building in East Harlem, part of its even larger Sendero Verde complex.

The building, which the company is developing with L+M Development Partners, will be located at 1681 Madison Avenue and span about 346,000 square feet, split between roughly 318,000 square feet of residential space and 28,000 square feet of commercial space. It will rise 37 stories with 384 residential units.

Representatives from Jonathan Rose Companies did not respond to a request for comment. L+M declined to comment.

The city selected Jonathan Rose Companies and L+M last February to build Sendero Verde in East Harlem, a 751,000-square-foot mixed use development. The project will feature 655 rent-regulated apartments, a charter school, a supermarket, a YMCA, a community center and a health care center, and it will be on city-owned lots between East 111th and 112th streets between Madison and Park avenues.

The project is expected to include 163 affordable housing units and 79 senior citizen housing units.
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