White Plains-based Cappelli Organization plans to build “The Standard" a 14-story tower at the site of the historic Standard Star building at 251 North Ave. … When completed, The Standard will be about 87,000 square feet, including about 4,000 square feet of ground floor retail space. The tower will consist of 112 "micro" units: 13 studios, 92 one-bedroom apartments and seven two-bedroom units.” LoHud

Project Data*

Building
Studios: 13
1BR: 92
2BR: 7
3BR: 0
Affordable: 0
Total: 112
Parking: 0
Stories: 14
Retail Space: 3791 sqft
Occupancy
Residents: 218
Students: 2
School: Trinity
Dates
Status: IDA Approved

IDA Approved: 9/27/2017
Planning Board Approval: 4/25/2017
Constr. Start: 4/26/2018
Length: 18 months
Completion: 10/10/2019
Financial
Budget: $22,500,000
PILOT: $3,413,933
Sales Tax Exemption: $753,631
Mortgage Savings: $306,333
NR Tax Incentive: $4,473,897

Data Last Updated: 9/3/2018

*Data listed here is subject to change. FOIL/FOIA requests are pending to obtain any missing data. Some of these numbers are estimated. Data comes from city documents.

Progress Gallery

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7/1/2016