Truss shooting for $90M sellout at Harlem condo project

Developer filed building permits in 2016 for 103-unit building

TRD New York /
May.May 08, 2018 11:50 AM
2600 Seventh Avenue

2600 Seventh Avenue (Credit: Google Maps)

Bruce Hwang’s Truss Development is looking to sell 103 new Harlem condominium units for a total of $90 million, an offering plan filed last week with the New York state Attorney General’s office shows.

The eight-floor project at 2600 Seventh Avenue, located between West 150th and 151st streets, is under construction and is expected to be complete in 2019. Unit sizes will average just under 1,000 square feet and prices just under $1 million.

Truss did not immediately respond to a request for comment.

The developer paid $16 million for a parking lot at the site in April 2016, and then filed plans in September of that year. The stretch of Seventh Avenue on which the project lies is also known as Adam Clayton Powell Jr. Boulevard.

Lin & Associates is the architect of record on the development. In addition to residential apartments, nine commercial units are planned for the building. Permit filings suggest those spaces may become medical offices.

Truss, which is based in Queens’ Flushing neighborhood, has developed a handful of other condos in Upper Manhattan, including the 49-unit Edgecombe Parc building at 456 West 167th Street and the 13-unit Manhattan Hill at 519 West 135th Street.


Related Articles

arrow_forward_ios
An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

California passes landmark rent control law

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

The construction giants catching a Windy City windfall

arrow_forward_ios