HAP Investment Developers has revealed plans to construct a seven-story apartment complex at 4452 and 4454 Broadway in Washington Heights. The move comes just two months after HAP derailed the plans of rival developer Quadriad, who had planned a three-building development on the site, by buying two of three parcels out from under the Manhattan-based developer.
The buildings will now be about 21 stories shorter than what Quadriad hoped to build. HAP’s plans call for 128 units of rental housing and one floor for commercial use, at 4452 Broadway.
The parcel of land, prized for its proximity to the subway , was originally surveyed by Quadriad, a developer with projects in Brooklyn and Queens, for two towers as high as 28 stories. But the plan called for rezoning of the area, a change that didn’t pass muster with Manhattan’s Community Board 12.
HAP purchased a portion of Quadriad’s proposed site in April 2013, at which point Quadriad’s plans to rezone could not proceed without HAP’s agreement. HAP announced that it had no plans to pursue a partnership and that it would build on the site as of right. [DNAinfo] — Julie Strickland