215 West 84th Street

Naftali Group secures a $129 million construction loan from Israel’s Bank Hapoalim for a 45-unit Upper West Side condo project at 215 West 84th Street. The development will feature an 18-story building on the corner of West 84th Street and Broadway, with a seven-story extension along West 84th. Naftali received a zoning bonus for 17,000 square feet of residential space through the city’s Voluntary Inclusionary Housing scheme. The project aims to preserve affordable housing for households earning below 80% of the area median income. Naftali, known for successful luxury developments, expands into the Upper West Side, north Brooklyn, and Miami.