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Silverback, Caerus Will Bring High-Rise to Emerging Uptown Neighborhood
Silverback Development has partnered with the Caerus Group to co-develop a $47-million multifamily residential high-rise in Upper Manhattan’s Hudson Heights neighborhood. The partnership expects to break ground by summer on a nine-story, 125,000-square-foot project at 212 Wadsworth Ave.
Silverback Managing Principal Josh Schuster noted that this will be “one of the first residential new construction projects in the emerging Hudson Heights neighborhood. We are excited to see commercial growth in the area as well, with projects like the upcoming opening of uptown’s largest food and beer hall—North End—only one block away from our site.”
With approximately 100 rental apartments, 212 Wadsworth will be one of the first projects in the neighborhood with a full suite of amenities. Caerus purchased the 15,000-square-foot site from Wadsworth Avenue Baptist Church in August 2015 for $8 million.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development

