Midtown East

October 13, 2015

252 East 57th Street Tops Off Construction Ten Years After Innovative Public-Private Partnership

Soaring more than 700 feet into the Midtown East skyline, World Wide Group and Rose Associate's 252 East 57th Street has officially topped out. Yes, it's hard being a stand-out skyscraper in Manhattan these days; some 30 years ago, the tower would have been the highest apartment tower in the city, just besting Trump Tower and Olympic Tower on Fifth Avenue. Today, the 57-story building is the shortest and eastern-most of six super-towers underway along the southern periphery of Central Park that have been raising average building heights and asking prices to new levels.
More details ahead
October 12, 2015

New Renderings of One Vanderbilt Show the 1,500-Foot Tall Tower Set in the Skyline

Outside of a $1.1 billion lawsuit, news on the One Vanderbilt front has been relatively quiet. The supertall tower received unanimous approval back in May by the City Council and since then demo at the site has been underway. But now, NY Yimby has gotten ahold of some new renderings that offer additional views of the KPF-designed tower—in particular, how the 1,500-foot behemoth will fit in with the existing NYC skyline. Once the building is constructed, it will be one of the tallest skycrapers in the city with a roof height exceeding that of One World Trade's. And as noted by YIMBY, One Vanderbilt will also be the first building in Midtown east to surpass the Chrysler Building in height (which, if you look closely at the above rendering, you can see demurely reflected in the building's glass).
see more here
October 9, 2015

Turkish Consulate’s New Tower Across From UN Finally Moves Ahead, Offices and Apartments Planned

After more than three years on the drawing board, the replacement tower for Turkey’s Consulate General and Permanent Mission to the United States at 821 First Avenue is finally moving forward. First announced in 2012, the proposed project, known as the Turkevi Center, has commissioned Perkins Eastman as the architects of record. The building will house new offices for the consulate, and diplomatic residences for permanent staff and visitors above.
Find out more here
October 9, 2015

Construction and Sales Begin on SCDA’s Billionaires’ Row Tower, 118 East 59th Street

Construction and sales have commenced on a glass-encased, 500-foot-tall condominium tower at 118 East 59th Street developed by Euro Properties and designed by Soo K. Chan of SCDA Architects. Situated mid block between Park and Lexington Avenues, the tower is surrounded by the crème de la crème of New York real estate, positioned within the nexus of several high-value locales: The Plaza District, home to the GM Building, commands the city's top office rents; nearby shopping stretches of Fifth and Madison Avenues hold the world's most coveted retail corners; and a one-mile long, super-luxury residential corridor, nicknamed Billionaires' Row, straddles the southern bounds of Central Park and is set to reshape the city skyline into a trophy shelf of wealth.
More details ahead
September 29, 2015

Owner of Grand Central Sues City and One Vanderbilt Developer for $1.1 Billion

Grand Central owner Andrew Penson is back in the news again, this time suing the city and One Vanderbilt developer SL Green for a princely sum of $1.1 billion. As the NY Times reports, Penson is claiming that the 65-story behemoth slated to rise next door to the historic structure has led to the devaluation of his air rights atop the terminal. Penson claims that the de Blasio administration, the City Council and SL Green "deprived him of his property rights when the city gave SL Green permission to build a 1,501-foot tall office tower, without having to buy any air rights from him." By allowing for a tower twice the size of what was zoned for the block "for free" (but really, in exchange for a $220M investment into the subway infrastructure beneath Grand Central), his air rights have been rendered "worthless."
More on the lawsuit here
September 2, 2015

Karl Fischer-Designed Tower to Replace Beekman Place’s Piscane Seafood Building

Piscane Seafood, one of the oldest remaining fish markets in the city, closed this spring, and its humble 19th-century home at 940 First Avenue will be replaced by a 14-story residential building. According to permits filed with the city's Department of Buildings yesterday, the narrow 25-foot-wide lot will give rise to a 141-foot-tall tower developed by Brooklyn-based CS Real Estate Group and designed by the often-maligned architect Karl Fischer. The building will provide a commercial storefront at ground level and thirteen floor-through units above, likely condominiums.
More details ahead
August 17, 2015

Soccer Star Cristiano Ronaldo Nabs $18.5M Trump Tower Loft

If there's one name in soccer that Americans know (other than David Beckham, of course), it's Cristiano Ronaldo, the forward for Real Madrid, captain of the Portuguese national team, and multiple-time best player in the world winner. It's been rumored that the internationally-known hunk is making a move to the MLS, the United States soccer league, and a recent real estate transaction right here in NYC is fueling the fire. The Post reports that Ronaldo has scored an $18.5 million loft at the Trump Tower from Italian real estate mogul Alessandro Proto.
Check out the loft here
August 10, 2015

Another Pivoting Skyscraper Coming to Crowded Midtown East Block

It's hard for a new building to stand out in the Big Apple these days, with striking towers designed by the world's foremost architects, soaring pinnacles jutting 1,500 feet into the clouds, and massive 1,000-unit apartment buildings possessing all the amenities of a Caribbean resort. However, within the densest thicket of Midtown skyscrapers, Handel Architects along with SLCE have crafted a 43-story, 450,000-square-foot residential tower whose elevations are angled to the street grid on all sides. The tactic will set the skyscraper apart from its perpendicular neighbors and grant its residents a touch more light and air within Midtown's concrete canyons. Envisioned by Lloyd Goldman’s BLDG Management Company, the future 360,000-square-foot tower at 222 East 44th Street will rise from a claustrophobic stretch of street that perhaps is the closest Manhattan gets to matching the tightness and vertical density of Hong Kong. The feeling is further heightened by the street dead ending into Lexington Avenue and the imposing MetLife building looming behind.
Find out more here
August 7, 2015

Gucci Granddaughters List Mod Midtown Penthouse for $45M

Often known simply as "the Gucci sisters," Alessandra and Allegra Gucci are the great-granddaughters of Guccio Gucci, who founded the world-famous fashion label. Their father, the late Maurizio Gucci, then led the brand until his ex-wife arranged for a hit man to gun him down in 1995. In the '70s, Maurizio bought a duplex penthouse at the Olympic Tower in Midtown East, which now belongs to his daughters. According to the Wall Street Journal, the family listed the 9,450-square-foot, eight-bedroom pad in 2010 as a $60,000/month rental, but they're now trying to unload it completely to the tune of $45 million.
More on this impressive penthouse
August 5, 2015

Health- and Fitness-Themed EVEN Hotel Tops Out in Midtown East

The future Midtown East home of the fitness- and wellness-themed EVEN Hotel line has reached its 414-foot apex. Situated one block away from Grand Central Terminal, the 36-story mixed-use tower at 219 East 44th Street will be the hotel brand's second location in the city, and its upper floors will be crowned with ten penthouses. The building's developers are a partnership between CWC and the Intercontinental Hotel Group (IHG), who are also the parent company of the Holiday Inn and Crown Plaza brands. IHG will debut their first Manhattan EVEN Hotel later this year at 321 West 35th Street with this 44th Street location opening soon after. The brand promotes a health and wellness lifestyle for travelers through in-room fitness zones for private workouts and healthy food and beverage options, including made-to-order smoothies and grab ‘n’ go meals. Additionally, the hotel will have dedicated meeting areas, indoor/outdoor eating and exercise space, and spa-inspired showers.
More details ahead
July 16, 2015

SCDA’s Switchback Skyscraper Launches Teaser Site and Clears Its Midtown East Lot

Last November, 6sqft brought you news that a 29-unit boutique condominium would rise at the edge of Billionaires' Row, in that somewhat ambiguous zone occupied by Bloomingdale's and Bloomberg LLP. Now, the high-end development's teaser site has launched, which showcases a handful of images of the tower's common spaces, and we took a trip to the site to get a first look at the construction progress. Just last month, the two 4- and 6-story office buildings occupying the site at 116-118 East 59th Street were cleared, and recent Department of Buildings filings reveal that the envisioned $330 million tower will stand exactly 500 feet tall, making it spot-on-the-mark of what we (and other bean-counters) officially deem a skyscraper.
More details and renderings ahead
July 13, 2015

New Video Reveals How SHoP’s 626 First Avenue Will Dance into Midtown’s East River Skyline

SHoP Architects' copper-clad fraternal pair of towers is finally rising along the East River, and a handful of newly uncovered images and a fly-through video reassure us that this dancing couple will be the boldest addition to the East River skyline in decades. Developed by Michael Stern's JDS Development Group, the nearly one-million-square-foot project, now known by its address 626 First Avenue, will contain a whopping 800 rental units, placing it in the league of other recent mega-rental developments such as Two Trees' Mercedes House (864 units), Silverstein's River Place (921 rentals), and Moinian's Sky (1,175 units). Like these others, JDS is promising to provide an extravagant amenity package that they claim "will set a new benchmark for rental developments."
Watch the video and find out everything 626 First Avenue will offer
June 26, 2015

Live in the Funky Former UES Factory of 1930s Gnome Bakers for $14K

There are few things in life more charming than a gnome. We're willing to bet Americans would take more vacations if they could just pack that little guy from Travelocity along with them. Well, we'll do you one better. We are talking an actual gnome house. That's right, this $14,000 rental at 316 East 59th Street was once home to Gnome Bakers, a little bakery that sold oddly shaped breads and rolls.
More pics inside
June 9, 2015

Luxury Parisian Hotel May Be Coming to Chetrit’s Sony Building Conversion

It's definitely been a big number game at Chetrit's Sony Building conversion–from the 96 luxury condos they'll add to floors 14 to 33 of the 37-story tower, to the planned $1.8 billion sellout, to the $150 million triplex penthouse, which, if sold, would be both the city's priciest unit in history (if not eclipsed by the $175 million unit at 220 Central Park South) as well as the largest at 21,504 square feet. And now the Post reports that Chetrit is going to up the ante at 550 Madison Avenue by turning part of the commercial space on the lower floors into a luxury Parisian hotel.
Get the scoop
June 1, 2015

The High and Low: Waterfront Living on Beekman Place

While neighborhoods may seem to become hot-or-not at the drop of a hat, waterfront property retains its mystique through the ages. Open river and bridge views are a rare and covetable amenity that can’t be brought in with high-end consultants or approximated by joining a gym on the next block. These two homes on Beekman Place, an East Side enclave of pre-war apartment buildings and stately townhouses that has long been considered the essence of understated Manhattan elegance, form part of an enviable row of buildings along the East River possessed of waterfront living on one side and Manhattan excitement on the other. The tree-shaded block-long street near the United Nations and Peter Detmold Park, minutes from bustling Midtown, is often overlooked, yet no less magical should you find yourself on it–the New York Times recently called it, "about as far off the beaten path as one can get in Manhattan." On the market now are a $13 million duplex, complete with a raised deck that elevates the view to peerless, and a 12th-floor gem on the same short street asking a more palatable $1.5 million, also with panoramic river views and a smaller, but no less lovable deck from which to watch the ships pass in the night–or day.
Get an eyeful of these waterfront vistas this way
May 29, 2015

Sources Say Saudi Billionaire Is Buyer of $95M Penthouse at 432 Park

The Real Deal reports that Saudi billionaire and retail magnate Fawaz Al Hokair is the buyer of the $95 million penthouse at 432 Park, the city's current tallest residential building. The unit went into contract in 2013 for roughly $11,500 per square foot, but sources are just now coming out with his identity. Al Hokair is the founder and chairman of Fawaz Alhokair Group, the most valuable retail and real estate company in Saudi Arabia. Forbes estimates the company is worth $22 billion, and that Al Hokair's net worth is $1.37 billion. When the deal closes it will be the second most expensive condo sale ever in the city, stealing the title from Bill Ackman's $91.5 million buy at One57 and following only behind the $100 million penthouse sale, also at One57.
More details, interior renderings, and a floorplan ahead
May 27, 2015

One Vanderbilt Tower Receives Unanimous Approval from City Council

This afternoon, SL Green's One Vanderbilt tower received the ultimate green light from the New York City Council, as members voted unanimously in favor of both the construction of the new 1,501-foot tall office building and the rezoning of a five-block stretch of Vanderbilt Avenue (the Vanderbilt Corridor) that would bring with it significant infrastructural upgrades to the area's public transportation. The vote was the last hurdle for the development and is a critical step in the rezoning of a greater area of Midtown East.
Find out more here
May 20, 2015

Four Seasons Renovation Plans Shot Down by Landmarks Preservation Commission

Aby Rosen's plans to update the Four Seasons has been squashed by the city's Landmarks Preservation Commission. According to Crain's, the only upgrade that received a nod from the commission was a request to change the carpet. Bigger renovations, like replacing a non-original fissured glass partition with planters and to replace a fixed walnut panel between the public and private dining rooms with a movable one, were all rejected. "There is no good reason why they should make these changes," said Meenakshi Srinivasan, the commission's chairwoman, Crain's reports. "There's no rationale. The space could function perfectly well without these changes, so why do it?"
Find out more
May 13, 2015

$7.2M Tudor City Penthouse Boasts Amazing Gothic-Style Terraces

If you want an apartment that will truly bowl people over, and you have millions to spare, look no further than this penthouse unit at 5 Tudor City Place in Turtle Bay (h/t Curbed). Massive windows, soaring ceilings, and a private terrace with griffins and gargoyles will definitely impress. The seller is Gordon Bowen, founder of the big-time advertising firm mcgarrybowen. He's unloading his Don Draper-worthy penthouse to the tune of $7.2 million.
See the interior
May 7, 2015

Former Beekman Home of CBS Founder Lowers Price to $37.5M

This palatial Beekman Place mansion, designed by Eldridge Snyder, has served as a domicile to the head of CBS and to the shah of Iran's twin sister. The majestic home stands eight levels tall, with eight to ten bedrooms covering 10,500 square feet. Unfortunately, the home has had a visit from the price chopper, falling from an initial asking of $49.9 million in February 2014 to a current asking of a much lower $37.5 million.
More pics inside
April 29, 2015

The Four Seasons: An Iconic Interior Landmark Faces an Uncertain Future

As you probably already know, 2015 marks the 50th anniversary of the NYC landmarks law. And one of the ways the city is marking the historic event is with an exhibit at the New York School of Interior Design called Rescued, Restored, Reimagined: New York’s Landmark Interiors, which focuses on some of the 117 public spaces throughout the five boroughs that have been designated interior landmarks. In conjunction with this exhibit, Open House New York recently hosted an interior landmark scavenger hunt (for which 6sqft took eighth place out of 40 teams!), which brought participants to designated interior spaces in Manhattan, the Bronx, and Brooklyn over the course of seven hours. One of the spots we visited was the Four Seasons restaurant inside the famed Seagram Building. Through our scavenger hunt challenges here, we learned just how groundbreaking this restaurant was for its innovative design and role as the quintessential Midtown "power lunch" spot. But the Four Seasons, despite its landmark status, is facing an uncertain future.
Learn about the past, present, and future of the Four Seasons here
April 21, 2015

St. Patrick’s Cathedral Reveals $177M Restoration, Now What?

"Is that St. Patrick's Cathedral?" asked the passerby. "Yes. It's just been cleaned." "So that's why I didn't recognize it. I was looking for something gray." To the pleasure of all, St. Pat's has emerged from its cocoon and it is brilliant to behold. Scaffolding is still up inside the cathedral, sharing the space with worshippers; and work may go on through the rest of this year. It is an enormous building, after all, occuping a full city block between 50th and 51st Street, and Fifth and Madison Avenues. On the outside the building was always impressive; now it is magnificent. It makes one think of the panoply and power of the Church, stately processions, gorgeous robes, bejeweled crosses and cardinals' rings, incantations of the priests and congregation extolling the glory of God. It also makes one think of the cost—$177 million—and wonder how far that money would go to aid the poor and feed the hungry of the earth, traditional missions of Christianity. Not very far, maybe, since world hunger is not assuaged by one meal. But to be a glittering promise of sublime afterlife for millions—that is conceivably worth it.
What's next for St. Patrick's?
April 16, 2015

The Sutton, Toll Brothers’ ‘Modern Vintage’ Condo, Tops Out and Gets Motley Skin

Toll Brothers' latest condo development The Sutton has reached its 30-story apex and is currently applying a variety of skins to its frame that its designers hope will capture a "modern vintage" aesthetic. Situated at the boundary of Midtown East's Turtle Bay and Sutton Place neighborhoods at 959 First Avenue, the 90-unit tower (down from 114-units) will hold one- to four-bedroom residences priced from $1 million to more than $6 million, and provide the typical array of amenities and interiors that reflect the surrounding area's classic New York vibe.
Find out more about the project
April 12, 2015

Construction Update: SOM’s 252 East 57th Street Getting Its Glass Skin

With foundation work complete, the World Wide Group / Rose Associates' tower at 252 East 57th Street is rapidly making its climb into the Midtown East skyline. The 57-story development composed of 93 condos and 173 rentals is designed by Skidmore, Owings & Merrill LLP (SOM), with SLCE serving as the architects of record. Despite the tower's location along the eastern fringe of cloud-busting billionaire's row, the 715-foot building won't be competing for any height records–for instance, 111 West 57th Street is double its height at 1,428 feet. Instead, the tower is shaping up to be more of a typical Midtown East affair, falling in line with its Second Avenue context by providing a broad 80-foot-high base along the avenue and a sheer 50-story rectangular slab rising above. Recent residential towers along Second Avenue such as The Milan, The Veneto, and The Three Ten share 252's massing, which planners prescribed to conform new skyscrapers to the rows of existing walk-up buildings.
More details on the project here
April 9, 2015

Beekman Residence with Elegant Sunken Living Room Asks $1.8M

Here’s an elegant prewar co-op at 434 East 52nd Street asking $1.749 million. The two-bedroom Beekman residence features northern and southern exposures and a stunning sunken living room. It would be interesting to see what the space would look like with less busy furniture and fewer pictures overshadowing the rich detail, but even with the distracting decor, you can see that this is a great place for a full-time residence or pied-a-terre.
More pics inside
April 7, 2015

REVEALED: 900-Foot Norman Foster-Designed Condo Tower Coming to Sutton Place

First spotted by the eagle-eyes at SkyscraperPage, a New York Press article has given us our first look at a potential 900-foot skyscraper reportedly designed by Foster + Partners and developed by the Bauhouse Group. The New York City-based real estate development and investment firm had recently closed on the three-building $32 million rental portfolio in tony Sutton Place at 428-432 East 58th Street. In March, the firm acquired a fourth property at 426 East 58th Street. According to the New York Press story, "A sales brochure put together by Cushman and Wakefield dubs the project as the 'Sutton Place Development'... there are indications that Bauhouse is looking to offload the site to another developer, and that whoever winds up buying the lot could build even higher than 900 feet." Bauhouse is expected to release further details and renderings to the community this spring.
More details ahead
April 6, 2015

Landmarked Religious Institutions in Midtown East Look to Change Air Rights Rules

With declining memberships, it has become a common issue among New York City religious institutions that they're land-rich but cash-poor. To solve the problem, religious leaders are turning to the sale of air rights, allowing developers to build on unused land or above the existing structure or altogether transferring the rights to an adjacent property. It's the latter trend that's become the center of debate with St. Patrick's Cathedral, along with other landmarked institutions, as they're looking to change the air rights rules to allow transfers to properties that are not directly adjacent. The Wall Street Journal takes a close look at this trend and a city plan that would allow East Midtown landmarks to sell their air rights to sites that are several blocks away.
More details ahead