Quantcast

Upper East Side

162 East 83rd Street

Six-Story, Single-Family Townhouse Filed at 162 East 83rd Street, Upper East Side

Midtown East-based real estate law firm Rosenberg & Estis has filed applications for a six-story, single-family townhouse at 162 East 83rd Street, on the Upper East Side. The mansion will boast 8,181 square feet of residential space, although up to 9,040 square feet is allowed. NoMad-based Deborah Berke & Partners is the architect of record. The 19-foot-wide, 2,235-square-foot property is currently occupied by a five-story, two-duplex-unit residential building. Demolition permits haven’t been filed. The property traded for $7.3 million back in July of 2015. The previous owners were asking $9.75 million for the building, according to an old advertisement by Massey Knakal.


350 East 86th Street

Extell Expands Mixed-Use Development Assemblage at 350 East 86th Street, Upper East Side

After entering into contract nearly a year ago, Extell Development has closed on the purchase of the single-story, 128,250-square-foot Gristedes grocery store at 350 East 86th Street, on the Upper East Side, for $93 million. The acquisition was funded with a $55 million mortgage, Commercial Observer reported. The developer also owns the neighboring four- and five-story tenement buildings at 1645-1651 First Avenue. Combined with the new acquisition, the 20,650-square-foot assemblage now supports 206,500 square feet of new mixed-use development up to 210 feet above street level. The developer is apparently planning a 20-story, 200-plus-unit condominium project at the site, although there aren’t many details on it. Demolition permits haven’t been filed for any of the Extell-owned properties, but Gristedes is expected to vacate the premises later this year.



1361 First Avenue

Developer Plans Cantilevering 33-Story Condominium Tower at 1361-1363 First Avenue, Upper East Side

CW Realty is planning to develop a 33-story condominium tower at 1361-1363 First Avenue, located on the corner of East 73rd Street on the Upper East Side. The project is expected to measure roughly 120,000 square feet and is being designed by HTO Architects, the New York Post reported. The number of planned apartments wasn’t disclosed, and it’s unclear whether there will be commercial space included. The new building will cantilever over the adjacent four-story tenement at 1365 First Avenue. CW Realty acquired the four-story mixed-use building at 1361 First Avenue earlier this year for $9.4 million and is in contract to purchase the four-story tenement at 1363 First Avenue. The latter sale is expected to close next year, and existing commercial and residential tenants in both properties are already in the process of relocating. The developer will also transfer air rights to the assemblage from other properties on the block. Demolition permits haven’t yet been filed.


Holmes Towers

Request for Proposals Launched for 300-Unit Mixed-Income Building at Holmes Towers, Upper East Side

Last week, the New York City Housing Authority (NYCHA) and the Department of Housing Preservation & Development (HPD) launched a request for proposals (RFP) for a development team to build a 300-mixed-income-unit, mixed-use tower on the grounds of the Holmes Towers public housing complex, at 1780 First Avenue in the Yorkville section of the Upper East Side. Holmes Towers – the only public housing on the UES – is the two-building, 25-story complex with 540 rental apartments located on the corner of First Avenue. Requirements for the RFP include incorporating at least 5,000 square feet of space for a community center, replacing the playground that the new tower will be built on (which is located mid-block), and adding trees and landscaping to the property, DNAinfo reported. The new tower will likely designate 50 percent of its apartments as affordable housing, while the rest will rent at market rates. Proposals are due September 30, the same time proposals are due for the 500-mixed-income-unit addition to the Wychoff Gardens housing complex in Boerum Hill, Brooklyn.