Timber Equities permitted for demolition of building, ahead of 29-unit development in Riverdale

Timber Equities, on November 30, was given a permit for the demolition of a building at 3893 Waldo Avenue in Riverdale, Bronx.

The plans, pre-filed on December 18, 2018, call for the demolition of a two-story building.

The project is described in the filings as: demolition of a two-story house.

On June 22, 2019, the developer filed plans calling for a 55-foot tall, five-story, 19,732-square-foot residential building with 29 dwelling units. The. building will also have a lobby, community facility space, and an exercise room, according to the plans, which are awaiting permits.

The property was acquired for $1.8 million on October 9, 2018.

The developer is also planning a 49,300-square-foot, 55-unit rental building at 2395 Palisade Avenue in Spuyten Duyvil.

Both buildings are being designed by Kutnicki Bernstein Architects.

Direct link to Acris document. LINK

Direct link to DOB document. LINK