The Real Deal New York

Lendlease, L+M bringing 175-unit mixed-use project to seminary site

Project at 100 Claremont Avenue would stand 42 stories tall
By Eddie Small | December 28, 2018 01:15PM

The Union Theological Seminary and Lendlease’s Melissa Burch (Credit: Robert A.M. Stern Architects and Getty Images)

Morningside Heights — already home to Columbia University’s growing campus — is getting another large mixed-use building.

Construction giant Lendlease filed plans for its 42-story mixed-use project at the Union Theological Seminary’s 100 Claremont Avenue with the Department of Buildings on Friday. It will span about 350,000 square feet overall, including about 250,000 square feet of residential space and 25,000 square feet of community space. The project will house 175 residential units.

Lendlease and its partner L+M purchased air rights from the seminary to construct the property. The seminary will buy space in the building for offices, classrooms and faculty housing, and the rest of the project will be private market-rate condos.

The property stretches between West 120th and West 122nd Streets. Robert A.M. Stern Architects will design the building.

The project is part of a $125 million renovation effort at the seminary, which has worked to leverage its real estate to raise money to revitalize the campus. The seminary plans to launch the first phase of renovations over the summer.

Representatives from Lendlease did not immediately respond to requests for comment.

In October, the seminary sold a dorm at 97-101 Claremont Avenue to Riverside Church for $46.5 million. As a part of that deal, the seminary will lease back the property for five years.

Nearby, Atlas Capital Group recently purchased a residential building at 601 West 110th Street from hotelier Richard Born for $72.2 million. The residential building serves as a dorm for Barnard College and also houses private tenants.