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Pebb Capital, TriArch plan 80-unit resi project for Morningside Heights

Project would span 57K sf

411 West 120th Street and Pebb Capital’s Todd Rosenberg
411 West 120th Street and Pebb Capital’s Todd Rosenberg

Pebb Capital and TriArch Real Estate Group plan to bring an 80-unit residential building to Morningside Heights.

TriArch filed plans this week for a 14-story building at 411 West 120th Street. The project is expected to span roughly 57,000 square feet and rise 129 feet tall, according to a pre-filed permit application submitted to the city’s Department of Buildings.

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Representatives for TriArch and Pebb Capital couldn’t immediately be reached for comment on Friday. Gerner Kronick + Valcarcel, Architects are listed as the project’s architect of record.

Documents filed with the city’s Department of Finance show that Pebb bought the site in March for $20.3 million. TriArch, which specializes in acquisition and management of multifamily properties, filed plans for the project as a representative for the owner, though the company’s full role in the project wasn’t immediately clear. Previous owners of the property had filed plans in 2016 for a 15-story, 57-unit building on the site and demolished an existing five-story building.

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