Air Rights Assembled For 900’+ Condo Tower At 426 East 58th Street, Midtown East

426 East 58th StreetPre-demolition 426-432 East 58th Street, image via Google Maps

Bauhouse Group has acquired 109,000 square feet of additional air rights for their development site spanning 426-432 East 58th Street, in Midtown East, for $37.9 million. The most recently released plans depict a 95-unit Foster + Partners-designed condominium tower, measuring 268,000 square feet and standing over 900 feet tall. The developer is moving forward with an as-of-right project, according to The Real Deal.

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