Camber Property planning 136-unit resi building in Harlem

Building will rise nine stories and be known as Victory Plaza

New York /
Mar.March 16, 2018 09:30 AM

Rendering of 11 West 118th Street (Credit: Aufgang Architects)

Rick Gropper’s Camber Property Group is planning a nine-story, 136-unit residential building in Harlem.

The company filed plans for the project with the Department of Buildings on Thursday. It will be known as Victory Plaza, span roughly 150,500 square feet and stand 87 feet tall.

The residential units will be affordable rentals, and Camber expects the project to cost $58.4 million, according to its website.

The project is a joint venture between Camber and its non-profit partner Harlem Congregations for Community Improvement, and the housing will be for seniors, according to Gropper, a principal at Camber Property who was formerly at L+M. Amenities will include outdoor recreation space and multiple community rooms.

Construction on the building should begin late in 2018 and finish late in 2020.

Last year, Camber made a pair of large Bronx purchases. The firm picked up the 11-building Stevenson Commons complex in July with Settlement Housing Fund for $70.9 million and buildings at 820 and 880 Thieriot Avenue in November with LIHC Investment Group and Belveron Partners for $19 million.


Related Articles

arrow_forward_ios
A rendering of the project at 1 Park Row in the Financial District.
L.A.-based lender puts FiDi project into construction with $120M loan
L.A.-based lender puts FiDi project into construction with $120M loan
Hartz Mountain Industries CEO Leonard Stern and 235 Pinelawn Road (Google Maps, Hartz Mountain)
Warehouse developer accused of violating “Long Island First” policy
Warehouse developer accused of violating “Long Island First” policy
2033 Fifth Avenue with National Black Theater CEO Sade Lythcott and Dasha Zhukova (Google Maps, Luxigon, Getty)
Harlem’s National Black Theater revives $185M project
Harlem’s National Black Theater revives $185M project
President Joe Biden (Getty, iStock)
What Joe Biden’s infrastructure plan holds for real estate
What Joe Biden’s infrastructure plan holds for real estate
Fundrise Co-Founder Benjamin Miller. (LinkedIn via Miller, Vimeo via Fundrise)
Fundrise scores Goldman backing to expand single-family rental market
Fundrise scores Goldman backing to expand single-family rental market
Parkway Hospital in Forest Hills, Top Rock Holdings' Uri Mermelstein, Joseph Yushuvayev and SYU Properties' Josif Elishayev (Google Maps, LinkedIn, Getty)
Parkway Hospital’s redevelopment plan has a pulse
Parkway Hospital’s redevelopment plan has a pulse
1305 Third Avenue and 1307-1309 Third Avenue (Google Maps)
3 UES buildings are slated for demolition
3 UES buildings are slated for demolition
Images of the Gateway Program and Pete Buttigieg (Photos via GDC, Getty, iStock)
Gateway tunnel lurches ahead with federal approval
Gateway tunnel lurches ahead with federal approval
arrow_forward_ios

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

Loading...