By Sally Goldenberg

01/8/18

A large development that would reshape a section of Harlem with 1.4 million square feet of housing and accompanying retail and open space is set to undergo a public review process next month.

The Olnick Organization is seeking permission to rezone the site so it could expand housing at the six-building Lenox Terrace complex, which is bound by 132nd and 135th streets and Lenox and Fifth avenues. The Department of City Planning has completed its first review of the mixed-use proposal and determined more analysis of its impact is needed. A public hearing is scheduled for Feb. 8.

Olnick is proposing five new buildings to replace five existing single-story retail buildings on the development site. The new construction, which would be completed in two phases by 2027, would add an estimated 1,642 new residential units to the neighborhood, with up to 493 being set aside for income-restricted housing, according to public documents

 

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