Irgang Group’s proposed new development would bring a mix of affordable and market rate housing, arts and entertainment spaces, and ground-floor retail to the heart of Harlem’s 125th Street commercial corridor.
As planned, the 130,000-square-foot, 21-story tower would be constructed on the site of a two-story retail building acquired by Irgang in 1991. The primary residential component would occupy 110,000 square feet, with 162 dwelling units (40 studios, 62 one-bedroom, 41 two-bedroom, and 19 three -bedroom apartments). Approximately 16,000 square feet of the tower would be dedicated to affordable rentals as part of the Inclusionary Housing Program.
Non-residential uses would include 8,600 square feet of street-level retail space. The second level would dedicate 5,700 square feet to special arts and cultural uses, fully accessible from 125th Street via a dedicated elevator. The arts and commercial spaces will be geared to local tenants.
To pave the way for the development, Irgang will demolish the existing two-story structure. Rite Aid, which occupied the ground floor, relocated its store nearby, while Irgang arranged to have all nine retail and personal services tenants on the second floor move to other spaces in the neighborhood. Irgang not only guaranteed the leases with the nine tenants’ new landlords, but also paid the costs of building out their new spaces.