HFZ Capital Group is moving forward with plans to convert 95 vacant rental apartments at the 14-story, 213-unit residential building, known as The Belnord, located at 225 West 86th Street on the entire block between Broadway and Amsterdam Avenue on the Upper West Side. Robert A.M. Stern Architects is designing the conversion, which will include apartment reconfigurations, changes to the courtyard, and the addition of amenities and mechanical infrastructure, Bloomberg reported.
The apartments announced so far have two- to three-bedroom configurations. There will also be penthouse units, the most expensive of which will be a seven-bedroom, 5,093-square-foot penthouse priced at $18.4 million. The exterior changes to the building, which has been designated an exterior landmark, were approved by the Landmarks Preservation Commission in February. The occupied rental apartments are expected to be converted into condominiums as they naturally become vacated.