search

The Real Deal Logo

Trending

H-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraud“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal
New York

Glenwood’s third Lincoln Square project to rise

Firm finishes foundation of 48-story residential tower

From left: Rendering of 175 West 60th Street and existing lot
From left: Rendering of 175 West 60th Street and existing lot

Amid a surge of residential building in Lincoln Square, real estate firm Glenwood Management is gearing up to start vertical construction on its third project in the area.

The 48-story, 257-unit development coming to 175 West 60th Street won approval from the Department of Buildings at the beginning of 2013.

Sign Up for the undefined Newsletter

The Manhattan-based company, which built a 54-story tower at 160 West 62nd Street and a 30-story building at 1930 Broadway, also unveiled the first rendering of the new building, to be designed by the Stephen B. Jacobs Group, New York Yimby reported.

Glenwood picked up the property from Fordham University for $75 million in September of 2011, as previously reported. Construction began at the end of last year, and the tower is slated for completion in the spring of 2016, according to the blog. [NY Yimby] — Angela Hunt

Tags
Glenwood ManagementLincoln Square