Beware COVID-19/Great Recession part two, one of the great things about New York is that it will never be finished. Specifically speaking for Manhattan, an island that has no place to grow but up, this ambivalent reality has lined the pockets of profiteers and incited the ire of preservationists for boom-bust cycles on end.
William Starrett, builder of the Empire State Building, is quoted as saying, "Building skyscrapers is the nearest peace-time equivalent of war." On the Upper West Side, the epicenter of overzealous activism versus avaricious aspirations, a battle is brewing where developers Silverstein Properties, Taconic Investments, and Nuveen are mobilizing to begin an overhaul of two campuses formerly owned by the Walt Disney Company's subsidiary ABC. As the media corporation prepares to decamp downtown to Hudson Square, it remains to be seen how Silverstein will reposition its Central Park-proximate site on Columbus Avenue between 66th and 67th Streets, and how Taconic/Nuveen will capitalize on their set of properties two avenues west at 125 West End Avenue/320 West 66th Street.Local residents have vigorously opposed every sizeable new development in the area, from Trump's Television City in the 1980s, to the recent Waterline Square development, to 200 Amsterdam Avenue, which activists have won a ruling that may result in shortening the building by 20 floors.
The lot is located directly east of Riverside South's 120 Riverside Boulevard (the shortest building in the original Trump Place plan). West-facing apartments in the new development will offer sweeping views of the Hudson River. Due to the dreary mid-rises of the Lincoln Towers complex and the Amsterdam Houses nearby, there will also be far-reaching views north up the west side and south-east down to Midtown. Available condos ar 120 Riverside Blvd are currently listed from $899K to $4 million and have sold at an average of $1,350 per ft2
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