In 2014, YIMBY revealed renderings of the planned 36-story, 372-unit residential building at 225 East 39th Street (a.k.a. 222 East 40th Street), in Murray Hill, and then foundation work began last summer. Thanks to photos by Tectonic, we can see the structure is now 16 stories above street level and rising. When the building is completed in the spring of 2017, it will encompass 373,248 square feet, with 343,187 square feet being used as residential space. The rental apartments will average 922 square feet apiece, and amenities include a fitness facility, children’s playroom, lounges, a café, a library, a courtyard garden, and a 35th-floor rooftop deck. Twenty percent of the apartments will rent at below-market rates. Fisher Brothers is developing the project and Handel Architects is designing it.
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Ugly, over priced in what was one of the last neighborhoods (Kips Bay, Turtle Bay, Murray Hill) where you could find an affordable place to live, A hidden gem. Below market rate will still not be affordable to the nurses, lab tech, and others who get their certification at the hospitals in the ‘hood and need to be local to supply service to the YIMBYS who will live there as well as the “working class”
I’m watching this edifice being constructed from a neighboring building and it’s awesome.