UWS church-to-condo conversion at 361 CPW delayed

The proposals lingers while waiting for BSA decision

New York /
Feb.February 29, 2016 12:53 PM

The move to convert a landmarked Upper West Side church into condominiums is still in limbo as the developer waits for approval from the city Board of Standards and Appeals.

The developers – 361 Central Park West LLC, an entity tied to Brooklyn investor Joseph Brunner — are seeking an exemption from zoning regulations for the former church at 361 Central Park West.

Community Board 7 rejected plans for the conversion in May 2015 and the matter went to the BSA for their decision on whether construction can begin. The plan also needed Landmarks Preservation Commission approval, which it got in March last year. That is also when the BSA process started, New York YIMBY reported.

The developers reduced the number of units from 39 to 35 since the commission approved the plan. The case came before the BSA on Feb. 23, but was postponed until March 8, the website reported.

Brunner acquired the 48,000-square-foot property for $42 million in 2014. Irene Shapiro, the sister of former One Madison Park developer Ira Shapiro, purchased the church for $26 million in the summer of 2014 before flipping it to Brunner. [NY YIMBY]Dusica Sue Malesevic


Related Articles

arrow_forward_ios
From left: BSA chairwoman Margery Perlmutter, DRAW Brooklyn founder Alexandros Washburn, New York City Council Member Carlos Menchaca with renderings of the project (Photos via the City of New York, LinkedIn and Arquitectonica)
How a Red Hook developer circumvented the City Council
How a Red Hook developer circumvented the City Council
108 Leonard Street with Nicole Kidman and Keith Urban (Google Maps, Getty)
Nicole Kidman, Keith Urban nab condo at Tribeca clock tower condo conversion
Nicole Kidman, Keith Urban nab condo at Tribeca clock tower condo conversion
Gale Brewer proposes women’s jail at Lincoln Correctional Facility (Credit: Getty Images and iStock)
Gale Brewer wants to turn “prime, trophy real estate” into women’s jail
Gale Brewer wants to turn “prime, trophy real estate” into women’s jail
David Bistricer and 21 West 86th Street (Credit: Studio Scrivo, Google Maps)
Clipper Equity plans $204M conversion of UWS rental
Clipper Equity plans $204M conversion of UWS rental
Centurion shooting for $403M sellout with UWS condo conversion
Centurion shooting for $403M sellout with UWS condo conversion
Centurion shooting for $403M sellout with UWS condo conversion
Shvo, partners to convert 685 Fifth Avenue into Mandarin Oriental condos
Shvo, partners to convert 685 Fifth Avenue into Mandarin Oriental condos
Shvo, partners to convert 685 Fifth Avenue into Mandarin Oriental condos
GreenOak, Slate secure financing for $90M UWS condo conversion
GreenOak, Slate secure financing for $90M UWS condo conversion
GreenOak, Slate secure financing for $90M UWS condo conversion
Louis Greco’s plan to stack condos on top of 285 Schermerhorn finally moves forward
Louis Greco’s plan to stack condos on top of 285 Schermerhorn finally moves forward
Louis Greco’s plan to stack condos on top of 285 Schermerhorn finally moves forward
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...