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Permits filed for 13-story mixed-use building on Inwood's Broadway

Permits filed for 13-story mixed-use building on Inwood's Broadway

Built World New York, NY local

The filing at 5073 Broadway, near the 215th Street subway stop, lands alongside a run of mid-rise proposals along the corridor.

Today: YIMBY reports 74-residence, 13-story design

Overview

Updated 58 minutes ago

Permits have been filed for a 13-story mixed-use building at 5073 Broadway in Inwood, between West 215th and West 218th Streets. The site is a short walk from the 215th Street station on the 1 train.

Owner Eris Ulaj's filing describes 74 residences and ground-floor commercial space, according to New York YIMBY. A separate permit summary lists different figures, and the site sits inside a Mandatory Inclusionary Housing area, so an approved building would have to include affordable units or contribute to a housing fund.

Why it matters

Inwood's Broadway corridor is where transit-adjacent mid-rise housing is being tested, one filing at a time, in a tight Manhattan market.

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Key Indicators

13
Stories proposed
Height of the building described in the permit filing.
74
Residences (YIMBY-reported)
Unit count in New York YIMBY's account of the filing.
$3.1M
Site purchase price
Price the Ulaj Family paid for the 5,000-square-foot development site.
28,000
Max inclusionary housing square footage
Buildable area allowed with inclusionary housing bonuses, per the sale listing.

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People Involved

EU
Eris Ulaj
Owner listed on the permit applications
Owner of 5073 Broadway through the Ulaj Family
FM
Fariba Makooi
Architect and filing representative
Listed on the permit application through Structure 22 Engineering
RR
Robert Rappa
Broker on the site sale
Broker at Investment Property Realty Group
ES
Esmail Sulaiman
Seller of 5073 Broadway
Sold the site in 2025

Organizations Involved

FM
Fischer + Makooi Architects, PLLC
Architecture firm
Architect of record on the 5073 Broadway filing

New York architecture practice listed as architect of record for the 5073 Broadway project.
NY
New York City Department of Buildings
Municipal agency
Reviews and approves new building permits

The city agency that must approve the new building application before construction can begin.

Timeline

2025 November 2026

3 events Latest: Today

  1. YIMBY reports 74-residence, 13-story design

    Today Report

    Filing details 55,752 square feet, 74 residences, and 3,893 square feet of commercial space.

  2. New building permit filed for 5073 Broadway

    Filing

    A permit summary describes a 13-story building with 50 units, differing from YIMBY's account.

  3. Ulaj Family buys 5073 Broadway for $3.1M

    Sale

    The 5,000-square-foot development site sold from Esmail Sulaiman to the Ulaj Family, delivered vacant.

Scenarios

1

Department of Buildings approves the permit and construction begins

Likely Resolves by Q2 2029

Discussed by: New York YIMBY and Marketproof project trackers, which follow filings from application to construction start

The most common path for an as-of-right filing in an inclusionary housing area: the Department of Buildings reviews the plans, the developer resolves any objections, and a new building permit is issued. Construction would follow, with completion likely several years out.

2

Revised filing reconciles the conflicting unit counts before approval

Possible Resolves by End of 2027

Discussed by: Permit watchers comparing YIMBY's and Marketproof's descriptions of the same application

The two public descriptions of the filing disagree on unit count, height and commercial area. A revised application or an approved permit would settle which version the Department of Buildings is reviewing.

3

Site sits vacant as the application stalls

Unlikely Resolves by End of 2028

Discussed by: Market analysts who track New York multifamily filings that never reach construction

Financing conditions, design objections or a market shift could leave the parcel vacant and the application unapproved. The site was already delivered vacant to the buyer.

Historical Context

2 moments from history that rhyme with this story — and how they unfolded.

2018

Inwood rezoning (2018)

New York City approved a rezoning of Inwood that raised allowed densities along the Broadway corridor and applied Mandatory Inclusionary Housing requirements to much of the area. The change allowed taller mixed-use buildings near the neighborhood's subway stations.

Then

Developers began assembling sites along Broadway and filing mid-rise residential plans.

Now

The zoning envelope set in 2018 is the one projects like 5073 Broadway now build within.

Why this matters now

The site's inclusionary housing designation is part of the framework that came out of this rezoning, which shapes what can be built and what affordability is required.

2022

421-a tax exemption lapses (2022)

New York's 421-a property-tax exemption for new multifamily construction expired in June 2022. Filings for new multifamily buildings in the city fell afterward as developers lost a key financing tool.

Then

Multifamily permit activity slowed across the five boroughs.

Now

The state replaced the program in 2024 with a new abatement, 485-x, which reshaped the math for rental projects.

Why this matters now

Whether a project like 5073 Broadway can be financed depends on which tax abatement, if any, applies to its units.

Sources

(3)
New York YIMBY Marketproof Traded