High-Rise Plans Underway at Fordham's Lincoln Center CampusFordham in DNAinfo.com, April 19, 2011
By Leslie Albrecht
UPPER WEST SIDE — Plans are underway for a new 54-story high-rise near Fordham University's Lincoln Center campus.
Developer Glenwood Management hopes to break ground this year on the 339-unit luxury rental building at 160 W. 62nd St., said Glenwood Executive Vice President Gary Jacob.
The building will rise on the same West 62nd Street block, between Columbus and Amsterdam avenues, where Fordham is expanding its campus with a 22-story building that will house its law school and 430 residences for students.
Glenwood Management is building a high-rise next to Fordham University's expanding campus near Lincoln Center. (DNAinfo/Leslie Albrecht)The new buildings will be directly across the street from Damrosch Park at Lincoln Center.
Douglaston Development planned to build a 57-story skyscraper on the site in 2006, according to Curbed. That project was scrapped in 2009 amid a faltering economy, the New York Observer reported.
After Douglaston dropped out, Glenwood bought the property from Fordham.
"We felt the market was improving and land prices had dropped to a level where it made sense to build a rental project," Jacob said.
Twenty percent of the building's units, or 68, will be set aside as affordable housing, Jacob said. Floor plans will range from studios to three bedrooms.
Glenwood hopes to complete construction in two years, Jacob said.