The Real Deal New York

Sackman Enterprises goes bigger at UWS development

Revised plans show much larger building planned for West 96th Street site

December 19, 2014 12:48PM
By E.B. Solomont

15 West 96th Street

15 West 96th Street on the Upper West Side

Sackman Enterprises is embracing the idea that bigger is better at a development site on the Upper West Side.

The developer, which previously disclosed plans to demolish two townhouses in order to construct a new residential building, filed plans for an expanded, 22-story building at 15 West 96th Street, according to Department of Buildings records.

Previous designs called for a 13-story apartment building at the site, which is between Columbus Avenue and Central Park West.

CEO James Hefelfinger said Sackman decided to expand the project after acquiring an additional, adjacent property at 19 West 96th Street. The deal hasn’t hit property records, and he did not disclose a purchase price.

Sackman in 2007 acquired 15 West 96th Street for $3.83 million and 17 West 96th Street for $3.5 million. Plans to demolish the two structures was approved last year.

The revised plan describes a mixed-use building that will rise 312 feet, with 45,823 square feet of residential space and 14,529 square feet of commercial.

There will be 16 residences starting on the seventh floor, above a community facility that will occupy floors two through five, and recreation space on the sixth floor. The building will house one residence per floor, along with a duplex on the top two floors. A basement-level garage is slated to hold 16 parking spots.

Sackman’s portfolio includes nearly 50 other properties on the Upper West Side, including the 10-unit Park 96 Condominium at 28 West 96th Street and 732 West End Avenue. “We like the Upper West Side, we’ve been here since 1970,” Hefelfinger said. “There isn’t a lot of opportunity left up here, but we certainly look for it every day.”

 

 

 

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