New River Central will feature 401 luxury rental units, 5,500 square feet of retail space, 20,000 square feet of amenities and a nine-story parking structure with 477 spaces. New River Central will feature 401 luxury rental units, 5,500 square feet of retail space, 20,000 square feet of amenities and a nine-story parking structure with 477 spaces.

FORT LAUDERDALE, FL—A trio of New York City real estate investment firms say they are now pressing ahead with a $125-million luxury high-rise in Fort Lauderdale.