[babybackribs2314]

Image:

http://www.skyscrapercity.com/showpost.php?p=79218796&postcount=303

http://www.crainsnewyork.com/article...TATE/110609901

Gotham Organization Inc. has reached a deal to secure a $530 million construction loan from a group led by Wells Fargo to build a huge residential complex on the far West Side, sources said Tuesday.

Known as Gotham West, the four-building complex will consist of about 1,240 residential units—with more than 500 of them designated as affordable housing—taking up almost an entire city block between West 44th and West 45th streets and Tenth and Eleventh avenues. Construction on the project, which will also include a parking garage and 17,000 square feet of retail, is expected to begin in the third quarter of this year, according to the company's website.