Exterior work is moving along at Eleven Hancock, a 12-story residential building at 362 West 125th Street in Harlem. The 130,000-square-foot project is designed by Isaac & Stern Architects and developed by Nortco Development, which purchased the plot and 27,500 square feet of development rights for $28.5 million four years ago. Lemay + Escobar is responsible for the interior design and the Krantz + Krantz Team of Halstead Development Marketing is handling sales for the 71 units, which will consist of studio, one-, two-, three-, and four-bedroom layouts.
362 West 125th Street
Brooklyn-based property owner Haim Nortman has acquired, for $10.2 million, 27,500 square feet of air rights from a neighboring property for a mixed-use project planned at 362 West 125th Street, in Harlem. With the additional air rights, the site could accommodate up to 108,588 square feet of mixed-use development. The new building will include commercial space and residential units, Commercial Observer reported, although new building applications have not been filed at this time. The 12,475-square-foot site is occupied by a four-story LaGree Baptist Church. Demolition permits were filed in November. A construction timeline has not been disclosed.