{"id":64121,"date":"2013-11-04T18:02:00","date_gmt":"2013-11-04T23:02:00","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=64121"},"modified":"2013-11-04T18:04:13","modified_gmt":"2013-11-04T23:04:13","slug":"hfz-chatsworth-uws","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/archives\/hfz-chatsworth-uws","title":{"rendered":"New intel on HFZ Capital&#8217;s redo of the Chatsworth in UWS"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p><a href=\"https:\/\/www.livabl.com\/articles\/2013\/11\/hfz-chatsworth-uws.html\/the-chatsworth-eastern-consolidated\" rel=\"attachment wp-att-64122\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-64122\" alt=\"The Chatsworth Eastern Consolidated\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2013\/11\/The-Chatsworth-Eastern-Consolidated.png\" width=\"639\" height=\"770\" \/><\/a><\/p>\n<p><em>Photo: <a href=\"http:\/\/www.easternconsolidated.com\/listings\/the-chatsworth-344-west-72nd-street\" target=\"_blank\" class=\"external\">Eastern Consolidated<\/a><\/em><\/p>\n<p>We&#8217;ve got new details on <a href=\"https:\/\/www.livabl.com\/articles\/2013\/11\/hfz-chatsworth-uws.html\" target=\"_blank\">HFZ Capital Group<\/a>&#8216;s renovation of the Chatsworth building at 344 West 72nd Street.<\/p>\n<p>Last December, HFZ bought the 1904 Beaux Arts property for $150 million.<\/p>\n<p>Now, <a href=\"http:\/\/a810-bisweb.nyc.gov\/bisweb\/JobsQueryByNumberServlet?requestid=6&#038;passjobnumber=121237027&#038;passdocnumber=01\" target=\"_blank\" class=\"external\">permits<\/a> reveal plans to expand the 13-story building to 14 stories with a roof enlargement and pare down the existing 137 units to 81 apartments. Montroy Andersen DeMarco is the architect of record, according to a plan exam application filed October 31st.<\/p>\n<p>Before the sale to HFZ, the russet-facade Chatsworth had been owned by the family of Lenore Dean for almost seven decades. About half of the apartments are rent-stabilized, and the current rent averages $35 per square foot, <a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424127887323874204578219651289873098\" target=\"_blank\" class=\"external\">The Wall Street Journal<\/a> reported.<\/p>\n<p>The landmark elevator building is composed of two towers, and the residences are a mix of studios to four-bedrooms, with views of the Hudson River and Riverside Park, according to the listing by <a href=\"http:\/\/www.easternconsolidated.com\/listings\/the-chatsworth-344-west-72nd-street\" target=\"_blank\" class=\"external\">Eastern Consolidated<\/a>. All of the market-rate units have been renovated in the last 14 years with granite countertops and Viking appliances; in 2010, the lobby was restored to its early 1900s condition.<\/p>\n<p>&#8220;Our intent would be to bring it back to its original glory,&#8221; HFZ&#8217;s Ziel Feldman told the Wall Street Journal.<\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HFZ Capital bought the Beaux Arts rental last December for $150 million.<\/p>\n","protected":false},"author":4,"featured_media":64122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[10332],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New intel on 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