HFZ will team with Robert A.M. Stern Architects to design the Belnord, a historic full-block apartment house in Manhattan that will be transformed into luxury condominiums.
Plans call for the conversion of nearly 95 of the rental apartments into luxury condo residences.
“We have a long history of success with thoughtful conversions that preserve and enhance irreplaceable pre-war structures, especially the magnificent properties that are the very fabric of the Upper West Side,” Ziel Feldman, HFZ’s chairman, said. “Working with Bob Stern and his team at the Belnord ensures we will truly enrich the property and the experience of living in an historic building, blending the gracious early 20th Century era of design and space with every modern, elegant touch.”
Built in 1908, the limestone-and-brick Italian Renaissance building occupies a full square block on the east side of Broadway between West 86th and West 87th Streets. The 14-story building once offered more than 200 residences surrounding a garden entered through a porte-cochere. Designated a New York City landmark in 1966, the Belnord was added to the National Register of Historic Places in 1980.
“It is a privilege to be able to be part of the reimagined Belnord, the grandest of New York’s turn-of-the-20th-century full square block courtyard buildings and a building I’ve long admired,” Robert A.M. Stern, founder and senior partner of Robert A.M. Stern Architects, said. “The Belnord has great bones and we’re giving it a top-drawer restoration, preserving its original charm, but with a few nips and tucks for security and accessibility already approved by the Landmarks Preservation Commission; creating a new fitness center; and then transforming the apartments to suit 21st-century living.”
HFZ currently manages or is bringing to market more than 6 million square feet of mixed use property to New York City, offering 2,500 residential units. Other properties that HFZ has converted in the city include the Chatsworth at 344 West 72nd St., The Astor at 235 West 75th St. and The Marquand at 11 East 68th St., in collaboration with design firm Shelton, Mindel & Associates.
The elements of the HFZ plan for The Belnord will be unveiled when the property is brought to the market in the third quarter of 2017.