In a small bowl, mix the warm water with 4 teaspoons of sugar. Sprinkle the yeast over the top and let it sit for about 5-10 minutes until it becomes frothy.
In a large mixing bowl, whisk together the flour, 1/4 cup sugar, salt, baking powder, and baking soda until well combined.
Add the cold, cubed butter into the dry mixture. Using a pastry cutter or fork, cut the butter into the flour until the mixture resembles coarse crumbs.
In a separate bowl, whisk together the heavy cream, buttermilk, and the activated yeast mixture until well combined.
Pour the wet ingredients into the dry ingredients. Stir gently until just combined.
Cover the bowl with plastic wrap and refrigerate the dough for at least 30 minutes.
Preheat your oven to 425°F (220°C).
On a floured surface, turn out the chilled dough. Roll it out to about 1/2-inch thickness. Use a biscuit cutter to cut out biscuits.
Bake the biscuits in the preheated oven for 12-15 minutes or until they are golden brown on top.