Demolition permits have been filed for the existing structure at 1711 First Avenue, signaling the end to a saga that began in 2009, when initial plans for a tower were filed. Minuit Partners acquired the site for $8.5 million back in 2011, and after a lawsuit against the old owners, apparently things are back on track.
Though there have been no recent permits for the building, the 2009 filings revealed a 21-story and 46-unit residential tower. The architect of record was Daniel Goldner, but the old plans are likely dead. The new developer is Anbau Enterprises, which seems to lean towards historically-minded designs; Goldner’s work is decidedly contemporary.
The Schedule A from the original proposal indicated that the project would cater to the boutique luxury segment of the market; floors three through ten were to have three units each, and floors 11 through 21 were to have two residences per level. Additionally, the ground floor was to have slightly over 3,000 square feet of retail space.
With development rights of over 70,000 square feet, the future tower could definitely go taller, though the previous plans stretched the air rights quite efficiently. Any additional height would likely require most units to be full-floor, and it seems unlikely that the surrounding neighborhood would warrant ultra-luxury construction.
The assemblage also includes 1713 First Avenue, and 354 East 89th Street; permits for the former’s demolition have also been filed.
For any questions, comments, or feedback, email [email protected]