One45 Harlem

Bruce Teitelbaum is reviving his One45 project in Harlem, proposing a 922-unit complex with increased affordability. This marks his second attempt after shelving a 917-unit plan in 2022 due to opposition. With the 421a tax break deadline extended to 2031, Teitelbaum now has more time to secure approvals. The new plan includes half of the units designated as affordable, with additional supportive housing and a community facility. A retail building is also added. Teitelbaum aims to navigate rezoning with a more receptive Council member, Yusef Salaam, in about two years, following the demise of the 2022 version due to financial infeasibility and opposition.