New Six-Story Mixed-Use Building Planned for Inwood, Manhattan
Permits have been filed for a new six-story mixed-use building at 562 West 171st Street in Inwood, Manhattan, marking another step in the neighborhood’s ongoing transformation. Located between Audubon Avenue and st. Nicholas Avenue, the site is just a short walk from the 168th Street subway station, served by the A and C trains, making it a prime location for residents and visitors alike.
The project, spearheaded by Mike Reznik of WH Capital 171 LLC, will rise 64 feet and span 42,299 square feet. Of this, 34,821 square feet will be dedicated to residential space, while 7,478 square feet will house community facilities.The building will feature 46 residences, likely rentals, with an average unit size of 756 square feet. Notably, the structure will include a cellar but will not offer accessory parking, reflecting a growing trend toward pedestrian-pleasant developments in urban areas.Designed by Z Architecture, the concrete-based building is poised to blend seamlessly into the fabric of Inwood, a neighborhood known for its vibrant community and historic charm. Demolition permits for the site were filed in December 2024, though an estimated completion date has yet to be announced.
this development is part of a broader wave of construction activity in Inwood, which has seen several high-profile projects in recent years. as an example, the 405-407 West 206th Street development, announced by Governor Kathy Hochul, will bring nearly 700 apartments to the area, including 281 affordable units [[1]]. Similarly, the Inwood Waterfront project aims to deliver 570 affordable homes as part of Mayor Eric Adams’ “24 in 24” plan [[2]].
The new building at 562 west 171st Street adds to this momentum, offering a mix of residential and community spaces that cater to the needs of modern urban living. Its proximity to public transit and local amenities ensures it will be a valuable addition to the neighborhood.
Key Details at a Glance
Table of Contents
| Aspect | Details |
|————————–|—————————————————————————–|
| Location | 562 West 171st Street, Inwood, Manhattan |
| Developer | Mike Reznik, WH Capital 171 LLC |
| Architect | Z Architecture |
| Building Height | 64 feet |
| Total Square Footage | 42,299 square feet |
| Residential Space | 34,821 square feet |
| Community Facility Space | 7,478 square feet |
| Number of Residences | 46 |
| Average Unit Size | 756 square feet |
| Parking | None |
| Demolition Permits Filed | December 2024 |
| Completion Date | Not yet announced |
As Inwood continues to evolve, projects like this one underscore the neighborhood’s appeal as a hub for both residential and community-focused development.For the latest updates on this and other projects, subscribe to YIMBY’s daily e-mail, follow YIMBYgram for real-time photo updates, or follow YIMBY’s Twitter for breaking news.
This new development not only reflects the growing demand for housing in Manhattan but also highlights the importance of integrating community spaces into urban planning. As construction progresses, 562 West 171st Street is set to become a cornerstone of Inwood’s future.
Inwood’s Evolution: A Deep Dive into the New Six-Story Mixed-Use Development at 562 West 171st Street
As Inwood continues to grow and transform, a new six-story mixed-use building at 562 West 171st Street is set to become a cornerstone of the neighborhood’s future. This project, developed by Mike Reznik of WH Capital 171 LLC and designed by Z Architecture, will feature 46 residences and 7,478 square feet of community facility space. To better understand the significance of this development, we sat down with Dr. Elena Martinez,an urban planning expert and professor at Columbia University,to discuss it’s impact on Inwood and Manhattan’s housing landscape.
The Vision Behind the Project
Senior Editor: Dr. Martinez, thank you for joining us. Can you start by sharing your thoughts on the vision behind this new development at 562 West 171st Street?
Dr. Elena Martinez: Absolutely. This project is a great example of how urban development can balance residential needs with community-focused spaces. The inclusion of nearly 7,500 square feet for community facilities is particularly noteworthy. It reflects a growing recognition that neighborhoods thrive when they offer more than just housing—they need spaces where people can connect, learn, and grow.
Inwood’s growing Appeal
Senior Editor: inwood has seen a surge in development projects recently. What makes this neighborhood so attractive to developers and residents alike?
Dr. Elena Martinez: Inwood has always been a gem in Manhattan, with its historic charm, tree-lined streets, and strong sense of community. Its proximity to transit hubs like the 168th street subway station makes it highly accessible, while its relatively affordable housing stock compared to other parts of Manhattan is a big draw. Projects like this one at 562 West 171st Street are capitalizing on these strengths while adding modern amenities that appeal to today’s urban dwellers.
The Role of Community Spaces
Senior Editor: The project includes a notable amount of community facility space. Why is this important for urban developments like this one?
Dr. Elena Martinez: Community spaces are essential for fostering social cohesion and providing resources that benefit the entire neighborhood.Whether it’s a daycare center, a community hall, or a cultural space, these facilities create opportunities for residents to engage with one another and access services that improve their quality of life. in a city as dense as New York, integrating these spaces into residential developments is a smart way to maximize land use while addressing community needs.
Challenges and Opportunities
Senior Editor: What challenges do you foresee for this project, and what opportunities does it present for inwood?
Dr. Elena Martinez: One challenge will be ensuring that the new development complements the existing character of Inwood. The neighborhood has a rich history and a unique identity, and it’s critically important that new buildings respect that. On the flip side, this project presents an opportunity to enhance Inwood’s appeal by offering modern housing options and community facilities that attract a diverse population. It’s a chance to build on what makes Inwood special while addressing the growing demand for housing in Manhattan.
The Future of Urban Development in Manhattan
Senior Editor: Looking ahead, how do you see projects like this one shaping the future of urban development in Manhattan?
dr.Elena Martinez: I think we’re going to see more mixed-use developments that prioritize both residential and community needs. As Manhattan continues to grow, the focus will be on creating spaces that are not only livable but also vibrant and inclusive. Projects like 562 West 171st Street are paving the way for a more holistic approach to urban planning, one that considers the long-term well-being of residents and the broader community.
Senior Editor: Thank you, Dr. Martinez,for your insights. It’s clear that this development is more than just a building—it’s a reflection of Inwood’s evolving identity and a model for future urban projects.
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