Sutton Tower

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Sutton Tower

430 East 58th Street

Condo in Sutton Place

21 ApartmentsApts for Sale

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South view. Photo credit: Kate Glicksberg

October 15, 2024

$65M Sutton Place penthouse is highest on East Side waterfront

By Devin Gannon

The penthouse in the tallest residential tower on the Manhattan East Side waterfront is now available. The first residential tower designed by Thomas Juul-Hansen, Sutton Tower rises 850 feet and contains 120 one- to five-bedroom condos with views stretching from the East River to the Atlantic Ocean. The residence with the best view, though, is Penthouse 80, which spans floors 80 and 81 and measures a whopping 9,100 square feet. The duplex just hit the market for $65,000,000.
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First look inside Thomas Juul-Hansen’s 850-foot-tall condo Sutton Tower

Exterior photos courtesy of Astra Studios. Interior Photos courtesy of Kate Glicksberg.

May 30, 2024

First look inside Thomas Juul-Hansen’s 850-foot-tall condo Sutton Tower

By Aaron Ginsburg

Skyline altering condo Sutton Tower is now complete. New images released this week provide a look inside the Thomas Juul-Hansen-designed 850-foot-tall tower, the tallest in the east-side enclave of Sutton Place. The first skyscraper designed by the Danish designer, Sutton Tower features striking Art Deco-inspired architecture and a facade of Bavarian limestone. For the first time, we're seeing inside the residences, with model units curated by three design teams, Vesta, Urban Casa, and Eichholtz, each to reflect the diversity of lifestyles possible at the building.
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December 15, 2022

Vote for 6sqft’s 2022 Building of the Year!

By 6sqft

Following a year of records, rebounds, and recovery, the real estate industry in New York City went for a roller coaster ride in 2022. And while the luxury market is always shifting, it's never boring. This year, we saw the resumption of projects brought to a stop by the pandemic, sales finally launching at the skyline's newest darlings, and some of the city's most creative architecture in years taking shape. 6sqft's picks are down to 14 of the most notable residential projects this year. Which do you think deserves the 2022 Building of the Year title? Polls for our eighth annual competition will remain open through 12 p.m. on Wednesday, December 28. A winner will be announced on Thursday, December 29. Happy voting!
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New Developments

City says work can resume on Sutton Place’s controversial 800-foot tower

Proposed massing of the tower, via CityRealty

June 27, 2018

City says work can resume on Sutton Place’s controversial 800-foot tower

By Michelle Sinclair Colman

A relatively staid neighborhood, things are heating up at the Upper East Side’s Sutton Place, again. Last December, 6sqft reported that Gamma Real Estate had to stop work on Sutton 58, their proposed 800-foot residential tower. After three years of community protest over what many consider an out-of-context supertall building, the New York City Council spoke loudly (with a 45-0 vote) and approved a height rezoning of 10 blocks between 51st and 59th Streets east of First Avenue. The rezoning required 45 to 50 percent of a building should rise below 150 feet. This was a huge blow to Gamma and would require massive changes to their plans. Most immediately, it required a halt of construction on the project. But that just changed.
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Construction halted at 800-foot Sutton Place tower after City Council approves rezoning

The original rendering of 3 Sutton Place by Foster + Partners

December 1, 2017

Construction halted at 800-foot Sutton Place tower after City Council approves rezoning

By Devin Gannon

Gamma Real Estate will stop work on Sutton 58, a proposed 800-foot-tall residential tower at 3 Sutton Place, after the New York City Council voted on Thursday to rezone 10 blocks on the Upper East Side. According to The Real Deal, the rezoning requires properties between 51st and 59th Streets east of First Avenue to follow ‘tower-on-a-base” rules, meaning 45 to 50 percent of the building must be built below 150 feet. This drastically changes the developer's plan for a soaring skyscraper and also caps the height of future buildings.
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Policy

Locals employ new zoning strategy to keep skyscrapers from rising in Midtown East

New rendering of the entrance to 430 East 58th Street, also known as Sutton 58. Photo: Thomas Juul-Hansen

July 6, 2017

Locals employ new zoning strategy to keep skyscrapers from rising in Midtown East

By Michelle Cohen

In what they're calling an "unprecedented citizens' application," the East River 50s Alliance, a Sutton Place/Midtown community group, has mounted a renewed campaign to oppose an 800-foot tall condo tower that's rising at 430 East 58th Street, the Wall Street Journal reports. As 6sqft previously reported, the developers of the new tower, Gamma Real Estate, closed on the $86 million site earlier this year in a bankruptcy sale and hired Danish-born architect Thomas Juul-Hansen to design the new skyscraper. The group has filed an application for a zoning change that calls for a ban on tall towers in a 10-square-block area; developers regularly file for zoning changes that cover only the property they're looking to build on.
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New Developments

Gamma Real Estate closes on $86M purchase of 3 Sutton Place, taps Thomas Juul-Hansen for new design

The original rendering of 3 Sutton Place by Foster + Partners

April 10, 2017

Gamma Real Estate closes on $86M purchase of 3 Sutton Place, taps Thomas Juul-Hansen for new design

By Devin Gannon

Following a contentious legal battle, Gamma Real Estate has won the foreclosure auction and closed on the $86 million acquisition of 3 Sutton Place, a development site where the firm plans on building a 700-foot-tall condominium tower. As Commercial Observer learned, this includes three neighboring lots at 428-432 East 58th Street between First Avenue and Sutton Place. Earlier this year, 6sqft explained that a bankruptcy judge authorized the sale of the property after Joseph Beninati’s Bauhouse Group failed to pay back creditors. While Stephen B Jacobs remains the executive architect, Gamma has hired Thomas Juul-Hansen, a Danish-born architect, who will design the skyscraper.
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Real Estate Trends

December 30, 2016

Gamma Real Estate files plans for 850-foot tower at long-stalled Sutton Place site

By Dana Schulz

When Gamma Real Estate's $98 million bid won the debt-beleaguered site at 3 Sutton Place just a couple weeks ago at a bankruptcy auction, 6sqft noted that the firm could either re-sell, bring the original plan for a 900-foot condo tower by starchitect Norman Foster to fruition, take on a joint-venture partner, or move forward with a plan of its own. The Real Deal now tells us that Gamma filed plans with the Department of Buildings for an 844-foot, 67-story tower with 389 apartments. However, he says this is to "safeguard the property" while the firms weighs all the aforementioned options.
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New Developments

December 13, 2016

Gamma Real Estate’s $98M bid wins debt-ridden Sutton Place site at foreclosure auction

By Dana Schulz

The debt-beleagured Sutton Place site that included plans for a 900-foot-tall luxury condo from starchitect Norman Foster has finally had its day at the auction, and the winning bidder was N. Richard Kalikow’s Gamma Real Estate, according to The Real Deal. A bankruptcy judge authorized the sale of the property at 3 Sutton Place in September, after Joseph Beninati's Bauhouse Group failed to pay back creditors and partners on the 262,000-square-foot development. Gamma controlled the entities that originally loaned Beninati $130 million, but as of today the developer outbid Brooklyn investor Isaac Hager, paying $86 million for the site and $12 million for additional air rights, far less than the predicted $187 million price tag.
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Uncategorized

November 28, 2016

Locals push for Sutton Place rezoning ahead of auction for site of planned 950-foot tower

By Dana Schulz

Despite the fact that the site is headed to the auction block next month, local residents and elected officials are rallying to prevent the possible construction of a 950-foot condo tower on East 58th Street in tony Sutton Place. Curbed reports that the group, which includes Councilmen Ben Kallos and Dan Garodnick and Manhattan Borough President Gale Brewer, have submitted a plan to the City Planning Commission that proposes a height cap of 260 feet for the area bounded by East 52nd and East 59th streets east of First Avenue where there is currently no limit on how tall apartment towers can be.
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November 21, 2016

Site of planned Norman Foster-designed Sutton Place condo tower to be auctioned off next month

By Michelle Cohen

The 262,000-square-foot project that includes plans for a 900-foot-tall luxury condominium tower drawn up by British architect Sir Norman Foster of Foster + Partners that embattled developer Joseph Beninati had hoped to build in the heart of Sutton Place is set to be auctioned next month, according to Crains. As 6sqft previously reported, the sale of the property at 3 Sutton Place was authorized in September to pay back creditors and partners who were owed money from the derailed project, and a source has told Crain's that an auction is scheduled for December 13 with bids due by December 8.
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September 21, 2016

Debt-beleaguered site of Norman Foster’s 3 Sutton Place condo tower is cleared for sale

By Michelle Cohen

A US Bankruptcy Court judge has approved a plan to sell the 3 Sutton Place site at at 426-432 East 58th Street, one of the city's most luxurious old enclaves, reports the New York Post. Brokers have been selected to conduct the marketing of the 262,000-square-foot project that includes plans for a 900-foot-tall condominium tower drawn up by British architect Sir Norman Foster of Foster + Partners.
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December 8, 2015

Get a Look at the 900-Foot Views From Norman Foster’s Sutton Place Tower

By Dana Schulz

Bauhouse Group received permits just a week ago to raze a string of buildings at 428-432 East 58th Street in Sutton Place, and as 6sqft previously reported, the developer had tapped starchitect Norman Foster to design the 900-foot luxury residential tower. New York Yimby now has a first look at the building's stunning views from 100 feet and up. From the top, "just some of the things you’ll be able to see are Central Park, the George Washington Bridge, 432 Park Avenue, the Empire State Building, the Chrysler Building, Sony Tower, the Citigroup Center, One World Trade Center, the Ed Koch Queensboro Bridge, Roosevelt Island, the RFK Bridge, the Hell Gate Bridge, the United Nations, and the Williamsburg Bridge."
More views and details

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

Rendering of the new tower (L); The four-building assemblage at 426-432 East 58th Street (R)

April 7, 2015

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

By Ondel Hylton

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

March 27, 2015

Norman Foster-Designed Residential Tower to Rise in Sutton Place; Peek Inside BIG’s West 57th Street Pyramid

By Diane Pham

Have a look inside construction at BIG’s pyramid at 625 West 57th Street. [Field Condition] A 269,000-square-foot tower designed by Foster + Partners will rise at 426-432 East 58th Street. The developer, Bauhouse, plans to raze four properties in Sutton Place to create the 95-unit building. [6sqft inbox] Manhattan condo inventory hit an historic low in February. [NYDN] The rise […]

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