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New York & Tri-State  + New York  + Opportunity Zones  | 

Arden Group Tops Out New Mixed-Use Property in Inwood 

Arden Group, a US real estate fund manager, has announced the topping out of 4650 Broadway, a mixed-use building in an Opportunity Zone in Inwood.  

The 19-story property spans 351,000 square feet and comprises 222 residential units, along with about 120,000 square feet of commercial and retail space—amenities including a fitness center, children’s playroom, resident lounge, and multiple outdoor terraces. Construction began in April 2022. The first residents are expected to move in during the summer of 2024.  

“The topping out ceremony marks an important and exciting milestone for the 4650 Broadway property, and we look forward to the positive impact that the property will have on the local community,” said Craig A. Spencer, chairman and CEO of Arden Group. “4650 Broadway will set new standards for the residential living experience and building sustainability, and we thank all our partners on the project team for their collaboration, dedication, and passion.” 


Inside The Story

Craig A. Spencer

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.