Developers eye prime site on Harlem River Dr.Adelaide Polsinelli, senior executive broker at Besen & Associates, Inc. along with Laurence Ross, Besen's Platinum Team, have been awarded the exclusive representation of a unique development opportunity in Upper Manhattan Upper Manhattan denotes the more northerly region of the New York City Borough of Manhattan. Its southern boundary may be defined anywhere between 59th Street and 155th Street. . Inwood, the northern tip of Manhattan, is a neighborhood with strong historical and cultural New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ties. This mid-block site located on Dyckman Street, just off the Harlem River Harlem River, navigable tidal channel, 8 mi (12.9 km) long with Spuyten Duyvil Creek, in New York City, SE N.Y., separating Manhattan from the Bronx. Connecting the Hudson and East rivers, it is a shipping shortcut between Long Island Sound and river ports north of Drive, offer developers the opportunity to create a mixed use project on a high traffic location. Currently being utilized as parking lot, it is surrounded by national retailers, including Duane Reade Duane Reade is a chain of drugstores/convenience stores, primarily located in New York City. History Founded in 1960, the chain started with three stores, named after the location of the company's warehouse between Duane and Reade Streets on Broadway in lower Manhattan. , Subway, Footlocker and CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. . Current zoning of C4-4/R7 allows for approximately 65,000 s/f of mixed-used development. Situated on a cut-through near both east and west highways and near mass transit, developers can take full advantage of the 110 feet of frontage on Dyckman and sizable footprint of 11,000 s/f. According to Polsinelli, the site's proximity to downtown Manhattan is a feature that has attracted the attention of residential developers. "The nearby subway line offers a quick and easy ride to downtown Manhattan," she explained. Added Ross, "Strong interest has come from both retail and residential developers alike looking to take advantage of the neighborhood's high density and strengthening market." |
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