Carter's View
PWV Acquisitions, of which Joseph Chetrit of the Chetrit Group and Laurence Gluck of Stellar Management, are principals, has decided to name its redevelopment of some properties at Park West Village on the Upper West Side Columbus Village.
They bought the complex between 97th and 100th Streets west of Central Park West in 2000 for about $122 million from Helmsley-Spear Inc. The complex was erected in 1961 and was designed by S.J. Kessler & Sons and consists of seven red-brick slab towers of which four are condominiums and three are rentals.
The developers are planning to add five new residential buildings with a total of about 710 apartments, all set back on two-story bases, to the complex. Four of the new buildings will be on Columbus Avenue and one on Amsterdam Avenue.
Marketing of the retail space in the first new building planned for the site at 808 Columbus Avenue has recently begun and Whole Foods will be a major retail tenant. That building will be 30 stories high, a dozen or so stories taller than the existing residential buildings in the complex and it will have a garage.
According to the Department of Buildings, Costas Kondylis & Partners is the architect for 808 Columbus Avenue, a 30-story building with 359 apartments, and for three other new buildings across the avenue, a 12-story building with 56 apartments at 775 Columbus Avenue on the northeast corner at 97th Street, a 15-story building with 132 apartments at 795 Columbus Avenue between 98th and 99th Streets, and a 14-story building with 63 apartments at 805 Columbus Avenue on the southeast corner at 100th Street.
The fifth new building is a 15-story building with 100 apartments at 801 Amsterdam Avenue at 100th Street. It is being designed by SCLE.
The buildings are planned for completion late next year.
Whereas the balconied buildings of the original complex were typical "towers-in-a-park" structures of similar size and shape, the new buildings differ in height, facade treatment and color and they have setbacks and corner windows.
The new buildings will have a unified architecture style on Columbus Avenue and represent another substantial transformation of that area, which is not far from two taller residential towers nearing completion by Extell Development on Broadway between 99th and 100th Streets.
The new buildings on the east side of Columbus Avenue will have covered walkways between them to provide easy access to the avenue from the rest of the complex to the east.
The covered walkways will also serve to create a continuous two-story high building wall between 97th and 100th Streets on that side of the avenue.
There are subway stations nearby on 96th Street and Central Park West and Broadway and there is good cross-town bus service on 96th Street.
Martin J. McLaughlin, a spokesman for The Chetrit Group, told CityRealty.Com today he did not know how many of the new units might be condominiums and how many might be rentals, but said he would try to find out.
They bought the complex between 97th and 100th Streets west of Central Park West in 2000 for about $122 million from Helmsley-Spear Inc. The complex was erected in 1961 and was designed by S.J. Kessler & Sons and consists of seven red-brick slab towers of which four are condominiums and three are rentals.
The developers are planning to add five new residential buildings with a total of about 710 apartments, all set back on two-story bases, to the complex. Four of the new buildings will be on Columbus Avenue and one on Amsterdam Avenue.
Marketing of the retail space in the first new building planned for the site at 808 Columbus Avenue has recently begun and Whole Foods will be a major retail tenant. That building will be 30 stories high, a dozen or so stories taller than the existing residential buildings in the complex and it will have a garage.
According to the Department of Buildings, Costas Kondylis & Partners is the architect for 808 Columbus Avenue, a 30-story building with 359 apartments, and for three other new buildings across the avenue, a 12-story building with 56 apartments at 775 Columbus Avenue on the northeast corner at 97th Street, a 15-story building with 132 apartments at 795 Columbus Avenue between 98th and 99th Streets, and a 14-story building with 63 apartments at 805 Columbus Avenue on the southeast corner at 100th Street.
The fifth new building is a 15-story building with 100 apartments at 801 Amsterdam Avenue at 100th Street. It is being designed by SCLE.
The buildings are planned for completion late next year.
Whereas the balconied buildings of the original complex were typical "towers-in-a-park" structures of similar size and shape, the new buildings differ in height, facade treatment and color and they have setbacks and corner windows.
The new buildings will have a unified architecture style on Columbus Avenue and represent another substantial transformation of that area, which is not far from two taller residential towers nearing completion by Extell Development on Broadway between 99th and 100th Streets.
The new buildings on the east side of Columbus Avenue will have covered walkways between them to provide easy access to the avenue from the rest of the complex to the east.
The covered walkways will also serve to create a continuous two-story high building wall between 97th and 100th Streets on that side of the avenue.
There are subway stations nearby on 96th Street and Central Park West and Broadway and there is good cross-town bus service on 96th Street.
Martin J. McLaughlin, a spokesman for The Chetrit Group, told CityRealty.Com today he did not know how many of the new units might be condominiums and how many might be rentals, but said he would try to find out.
Additional Info About the Building
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.