Construction on 249 East 50th Street Approaches Halfway Mark in Midtown East

249 East 50th Street. Photo by Michael Young

The reinforced concrete superstructure at 249 East 50th Street is approaching the halfway mark in Midtown East. The 15-story, 151-foot-tall residential building has risen steadily since reaching street level near the end of last summer. The project is designed by Isaac Stern and is being developed by Tun Kyaw, who purchased the land for $17 million.

Photos show the floor slabs and columns rising above the block. Though of modest height, 249 East 50th Street will still stand prominently over the surrounding structures, giving residents daylight exposure and views of the Midtown skyline to the west.

249 East 50th Street. Photo by Michael Young

249 East 50th Street. Photo by Michael Young

249 East 50th Street. Photo by Michael Young

249 East 50th street will yield 49,434 square feet split across 29 apartments, for an average of 1,700 square feet apiece. The first six levels will house four units per floor, while the rest of the upper stories will have full-floor units. A number of residences on the higher levels will feature private balconies. Residential amenities include bicycle and tenant storage, a laundry room in the cellar, and a recreational room on the top floor. The closest subways are E and M trains at the Lexington Avenue-53rd Street station and the 6 train at the corner of 51st Street and Lexington Avenue. Grand Central Terminal is an 11-minute walk away to the south. A number of cafes, bars, restaurants, and small businesses line Second Avenue, and a Whole Foods Market is located nearby to the north at 226 East 57th Street.

A completion date for 249 East 50th Street hasn’t been announced, but sometime in early 2021 seems possible.

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TFC Horizon

3 Comments on "Construction on 249 East 50th Street Approaches Halfway Mark in Midtown East"

  1. David in Bushwick | January 13, 2020 at 8:57 am | Reply

    Strange there would be a cellar laundry room, wouldn’t these units have their own washer and dryer?

    • Each unit will have their own washer and dryer. There will also be several industrial
      sized washers and dryers in the basement. They will be used to process very large items such as rugs and comforters. Well that’s how it is in my building.

  2. In an Earthquake One would be without a residence as concrete would crumble and building would be level to the basement. Just because earthquakes only happen every day in small amounts not noticeable and large are only becoming common where once was every hundred years or so, means that building should be required to be earthquake to 10 on the riechter scale so to speak as that also makes buildings hurricane safe which do happen to New York City.

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