News: Brokerage

Blumenfeld Development and Bjarke Ingels break ground on Gotham 126th

Groundbreaking for Gotham 126th Residential in East Harlem - Manhattan, NY Groundbreaking for Gotham 126th Residential in East Harlem - Manhattan, NY

Manhattan, NY Blumenfeld Development Group was joined by architect Bjarke Ingels, elected officials, and community leaders, to officially break ground on Gotham 126th Residential in East Harlem.

Rendering, Groundbreaking for Gotham 126th Residential - Manhattan, NY Rendering, Gotham 126th Residential - Manhattan, NY

The eleven-story residential building designed by BIG-Bjarke Ingels Group will be located on 126th St. between Lexington and Third Ave. and will bring 233 new residential rental units to the area. The units will comprise of a mix of studios and one- and two-bedroom apartments.

Construction of the building is expected to be completed in the spring of 2018.

The lobby will feature artwork from local artists as a way of supporting the neighborhood’s spirit. Building amenities will include a fitness center, game room, lounge, and roof top outdoor area with a pool.

Rendering, Gotham 126th Residential - Manhattan, NY Rendering, Gotham 126th Residential - Manhattan, NY

“This is truly an exciting day as we continue to fulfill our commitment of investing in the revitalization of East Harlem,” said David Blumenfeld, principle, Blumenfeld Development. “Our commitment to consistently raise the bar is evidenced by our partnership with Bjarke Ingels and his firm BIG.”

Blumenfeld said, “We not only wanted to bring something new to East Harlem, but wanted to introduce East Harlem to someone new.”

“It feels great to be building in the middle of the city and in a community that is very much alive and transforming,” said Ingels. “The Blumenfeld’s have been incredibly patient and loyal to the vision we have dreamt up together, which is why we can now break ground on something that is going to be a very significant contribution to this neighborhood.”

blumenfeld-gotham-126th_nea7144Ingels said, “The façade of Gotham 126 drapes gently between the building’s two neighbors and leans inward to allow sunlight and air to reach the street while fulfilling the set-back requirements. Like a good neighbor, it fits into the existing neighborhood, feeding from the community’s energy to add new sparks while continuing to show where East Harlem is heading.”

The Blumenfeld Development Group has a history in East Harlem that began in the early 1990’s with the development of the East River Plaza. The building originally started as a single big-box store and has since grown into a four level, 500,000-square-foot-plus mall with retail stores and a parking structure. In addition, they purchased 54,000 square feet on 125th Street and created Gotham Plaza, finished in 2002, which left open the possibility of developing a residential component that will become Gotham 126th Residential.

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