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3875 Ninth Avenue
Update
01/18/24
Massive Affordable Housing Project Rises in Inwood
The concrete superstructure of a 30-story, mixed-use project, is now rising at 3875 Ninth Avenue (alternately addressed as 375 207th Street) in Manhattan's Inwood neighborhood.
Developed by and dubbed "Sherman Creek North Cove", the building will contain residential units, all of which are to be dedicated to affordable and middle-income housing programs. Tenant amenities are to include communal terraces and a fitness center.
In addition to its residential component, the building will feature square feet of retail space, located on the 1st and 2nd floors. Plans also call for 455 square feet of community facility space, and an enclosed parking garage, with enough room for vehicles. The property will feature outdoor recreation space, along the Harlem River waterfront as well.
Designed by , with serving as the general contractor, 3875 Ninth Avenue will total square feet. Set to stand feet tall, it will become the tallest structure in all of Inwood when it eventually tops out.
Back in February of last year, obtained a $414 million loan for the project. Issued by the NYC Department of Housing Preservation and Development, this considerable chunk of change is being used to fund all construction costs from the ground up.
