NEIGHBORHOODS
UWS fast facts
Big community news
$50 million
Asking price of the neighborhood’s most expensive townhouse, at 349 West 86th Street
960
Number of students enrolled at Trinity School on 91st Street
1,100
Number of seats in the main sanctuary at B’nai Jeshurun, at 257 West 88th Street Sources: StreetEasy, Trinity School and B’nai Jeshurun
Really? An Upper West Side building’s backstory The Dakota is best known today for being the home of former Beatle John Lennon and the place where Mark David Chapman gunned him down 32 years ago. The The Dakota co-op, though, has a much longer history. It went up at 1 West 72nd Street, at Central Park West, in the 1880s, designed by the firm that designed the Plaza Hotel. And something you probably already know: Lennon’s widow, Yoko Ono, still lives in one of the 93 homes.
Old school, new campus. Collegiate School, the oldest independent school in the country, is selling its Upper West Side campus for $97 million, the Daily News reported. It plans to build a bigger facility 16 blocks south. Growing pains. Columbia Grammar and Preparatory School wants to expand, but the local community board doesn’t want it to. The advisory panel rejected the school’s request to add 10 middle-school classrooms to its building at West 93rd Street and Central Park West. Neighbors are concerned about an increase in traffic. The proposal is still alive, though; the Board of Standards and Appeals votes on it later this spring. Putting down dough. Investors are snapping up rental buildings on the UWS, even though it means a low return on investment for them. (Technically, the area has low ‘cap rates’: The capitalization rate is figured by dividing the annual rental income of a property by its price to determine what the investment yields.) The reason why is simple: The neighborhood isn’t trendy, but it has families and long-term residents, which investors think are a safe bet.
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