Uptown NY Project Winds its Way Through Approval Process

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NEW YORK CITY-The City Environmental Quality Review process is proceeding for Uptown NY, a mixed-use approximately $140-million effort that is expected to bring 700,000 sf of retail and commercial space and 1,500 housing units for mixed incomes to a multi-block area in the 125th Street corridor. In total, the project is expected to be completed by 2016.

The developer, Urban Strategic Partners LLC, a joint venture of Grid Properties and the Gotham Organization, plans smaller outlet, specialty and local retailers and restaurants at street level with regional and national retailers and entertainment uses above. They stress that it will not be a mall with common indoor space shared by all tenants. Parking will be available for more than 1,000 cars, but the site is designed to be pedestrian oriented.