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Toll Brothers Plan a 133-Unit Building at 122 East 23rd Street in Gramercy

122 East 23rd Street, image via Google Maps122 East 23rd Street, image via Google Maps

In December, Toll Brothers picked up the headquarters for United Cerebral Palsy of New York City for $135 million. Now the Pennsylvania-based developer has filed applications to erect an 18-story residential building on the site between Park and Lexington Avenues.

The building would reach 218 feet into the air and host 133 apartments. It would begin with 12,000 square feet of retail and a lobby on the ground floor and then separate into “north” and “south” wings, according to the Schedule A. Each floor would have three to nine units, and duplexes would fill several upper floors. The apartments would be divided across 212,264 square feet, yielding spacious average units of 1,595 square feet.

There would be shared roof decks on the second and top floors, private roof terraces for top floor units, and a pool and exercise room in the cellar. The building would also include a 92-car garage in the cellar, even though the N/R trains are two blocks away at Madison Square Park and the 23rd Street 6 train stop is a few hundred feet away.

The project will be condos, Philadelphia Business Journal reported earlier this year, and construction is expected to wrap in 2018.

SLCE Architects applied for the permits.

The Department of Buildings approved plans to knock down UCP’s former four-story building in August. The non-profit used the proceeds from the sale to relocate and continue funding its adult day program, according to REW.

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3 Comments on "Toll Brothers Plan a 133-Unit Building at 122 East 23rd Street in Gramercy"

  1. Something’s not right about those permits. Isn’t there a maximum of 1 parking space per 5 residential units allowed below 60th Street in the Manhattan core, due to the 1982 zoning text amendments? They’d need a zoning variance to build 92 spots for 133 units…

    • Rebecca Baird-Remba | November 13, 2015 at 2:22 am |

      True, they would need a variance if it’s all parking for residents. But if it’s commercial parking, I think the rules are a little bit more flexible.

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