Despite having recently finished the tallest and perhaps most ambitious residential building in the western hemisphere, Harry Macklowe has wasted no time pressing forward on other residential projects around the city. In the Financial District, the legendary developer is converting one of the world’s finest Art Deco buildings at 1 Wall Street into condominiums, and uptown, at 200 East 59th Street, crews are rapidly pouring the floor-plates of an eventual 35-story condominium tower designed by CetraRudy Architecture.
In this article:
The latter project will rise nearly 500 feet high above its Third Avenue corner that is diagonally across from Bloomingdale’s New York City flagship. The building is also several blocks from the Vinoly-designed 432 Park but will stand at just one-third its height. The building’s exterior will be composed of glass and all-encircling terraces, and if the renderings live up to reality, the tower will provide a breath of lightness to the now better-connected Upper East Side. The base will hold nearly 15,000 square feet of retail and is clad in a basket weave of metals that reflect light during the day and will glow at night.
Its 68 units are also priced closer to earth. One-bedrooms will start at $2.1 million and overall prices will average $4 million. The building’s total sellout is $264.1 million, paltry when compared to 432 Park’s $3 billion sellout. There will be one- and two-bedroom residences and three full-floor penthouses. Each will include high-ceilinged spaces and floor-to-ceiling glass perimeter walls with main living areas bordered by the continuous terraces. White oak flooring and white stone finishes complete the light and airy palette.
Double-height amenity spaces will open to a landscaped terrace. Other amenities will include onsite concierge and full-time doorman. A registration site was launched late last year and the sales gallery is now open. Delivery is anticipated for late 2017 or early 2018.
Would you like to tour any of these properties?