Real Estate Wire: The Three Towers to Top the East River Plaza; New Yorkers Vying for Homes on Busy Streets

Real Estate Wire: Three Towers to Top the East River Plaza; New Yorkers Vying for Homes on Busy Streets

By Diane Pham

August 1, 2014

Real Estate Wire: Three Towers to Top the East River Plaza; New Yorkers Vying for Homes on Busy Streets

Meadow Partners has released a rendering of its Long Island City conversion project at 42-15 Crescent Street. The project will see an 11-story condominium with ground floor retail. [CO]
The three towers planned to top the East River Plaza mall have been uncovered. The project is being developed by Blumenfeld Development Group and Forest City Ratner. [Curbed]
Aby Rosen’s RFR Realty is in contract to buy New York City’s Church Missions House at 281 Park Avenue South. [TRD]
The most expensive homes belonging to bankers, hedge funders, and the kings of finance. [Business Insider]
The latest real estate craze: New Yorkers are battling it out for apartments on busy, noisy, cross-town streets. [NYT]

Towers for the East River Plaza (L); Crosstown living via the New York Times (R)

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$50M penthouse is the last residence available at the Upper East Side’s famed Surrey Hotel

By Aaron Ginsburg

Manhattan's famed Surrey Hotel is making a comeback. Following bankruptcy proceedings, new owners, and a renovation, the 100-year-old Art Deco landmark at 20 East 76th Street on the Upper East Side reopened last month as a condo hotel, with 100 hotel rooms and 14 condos, part of the Surrey Residences. Now, after a whisper sales campaign, just one remaining apartment is about to hit the market: a three-bedroom duplex penthouse asking $50,000,000. The sprawling residence, the building's most expensive, offers 5,195 square feet plus 2,346 square feet across three terraces and a private rooftop.
tour the penthouse