By Carol Tannenhauser
A recent deal between a developer and a building owner could bring a cantilevered building to the northwest corner of Broadway and 91st Street.
In 2017, developers Hampshire Properties and Adam America Real Estate filed permits to build a 15-story apartment building rising 197 feet at 2461-2463 Broadway. On December 31, 2019, however, the developers reached an agreement to buy air rights from 2465 Broadway — the low-rise building next door housing the Equinox sports club. The air rights will allow them to build to 19 stories. The agreement also gives them the right to “cantilever” the new building out over the existing Equinox building. (Cantilevers hold up a surface or room without themselves being supported at their outer end.)
One neighbor raised concerns to West Side Rag about the potential design, which she says “will be out of character for this neighborhood,” as well as the track record of one of the developers. The Real Deal reported this month about a current lawsuit involving Adam America.
The board of managers at 51 Jay Street is suing Adam America Real Estate and Slate Property Group, the project’s sponsors and developers, alleging breach of contract, fiduciary duty and fraud.
The condo board claims the 74-unit luxury warehouse-to-condo conversion “fell far short of the developers’ promises” due to a multitude of construction defects, according to its complaint filed in Kings County Supreme Court on Jan. 3. The lawsuit claims Adam America and Slate knew of the problems but sold the condos to unsuspecting buyers anyway.
In January 2019, Adam America sued a contractor on the Jay Street project “for project delays, over-billing, and defective work,” according to The Real Deal.
Here is another cantilevered building developed by Adam America on the Lower East Side.
Adam America and Hampshire did not reply to requests for comments.
Some neighbors say they plan to attend a Tuesday meeting of the Community Board to air their concerns. It starts at 6:30 at Rodeph Sholom, 7 West 83rd Street.