What is the latest status of the project “Washington Heights Development Site”?

The status recorded for “Washington Heights Development Site” is stalled.

What is the budget and commercial profile for the project “Washington Heights Development Site”?

Taiyo normalizes the budget of “Washington Heights Development Site” to USD 15300000.

Where can I verify the source and access all details for “Washington Heights Development Site”?

This Taiyo project page references The Real Deal along with the original URL (https://therealdeal.com/new-york/2025/09/12/new-york-top-real-estate-deals-thursday-sept-11/). Taiyo standardizes official data into a consistent, searchable project profile.

Washington Heights Development Site

Sector: Residential • Location: New York, United States

Source: The Real Deal

Project

Stalled

A stalled construction site at 4452 Broadway and an adjacent lot at 44 Fairview Avenue in Washington Heights were sold. The previous owner, Madison Realty Capital, acquired the sites in 2024 through a bankruptcy sale from HAP Investments. HAP had planned to build a 129-unit, seven-story apartment complex at the site, but the project remains unfinished.

Status: Closed
Sector: Residential, Commercial
Location: New York, United States of America
Updated: 22 Jul 2026
Source: The Real Deal

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Project Information

4 Q

The project “Washington Heights Development Site” is an infrastructure initiative in the Residential sector, located in New York, New York, United States. Taiyo aggregates data on it from The Real Deal.

Participants

Not available for this record.

Status

Original status	stalled
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	A stalled construction site at 4452 Broadway and an adjacent lot at 44 Fairview Avenue in Washington Heights were sold. The previous owner, Madison Realty Capital, acquired the sites in 2024 through a bankruptcy sale from HAP Investments. HAP had planned to build a 129-unit, seven-story apartment complex at the site, but the project remains unfinished.
Original sector	Commercial
Budget

Location

Country	United States of America (USA)
State	New York
City	New York

Source

Source	The Real Deal
URL

More Details

Record type	Project
Sector	Residential, Commercial
Article published date	2025-09-16

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