Permits Filed for 20-Story Tower at 124 East 86th Street on the Upper East Side

124 East 86th Street on Manhattan's Upper East Side124 East 86th Street via Google Maps

Permits have been filed for a 20-story mixed-use building at 124 East 86th Street on Manhattan’s Upper East Side. Located between Park Avenue and Lexington Avenue, the lot is steps from the 86th Street subway station, serviced by the 4, 5, and 6 trains. Rybak Development under the 126 East 86th Street Development LLC is listed as the owner behind the applications.

The proposed 210-foot-tall development will yield 76,414 square feet, with 62,370 square feet designated for residential space and 1,519 square feet for commercial space. The high rise will have 32 residences, most likely condos based on the average unit scope of 1,949 square feet. The concrete-based structure will also have a cellar and a 30-foot-long rear yard.

Igor Zaslavskiy of Zproekt Architects is listed as the architect of record.

Demolition permits have not been filed yet. An estimated completion date has not been announced.

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TFC Horizon
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8 Comments on "Permits Filed for 20-Story Tower at 124 East 86th Street on the Upper East Side"

  1. This neighborhood has too many high rises we do not need another one…

    • Ingrid, you do realize you live in Manhattan, right? As in, one of the few places in the entire country where buildings this size can be built? Move to the suburbs if you don’t like this type of development.

    • Get involved in changing the zoning laws if you don’t believe they are beneficial to the community.

  2. Andrew I. Porter | November 7, 2020 at 12:09 pm | Reply

    What Ingrid said…

    Now much more built up than when I lived nearby half a century ago.

  3. Would be nice if that old timey arched facade could be restored and incorporated instead of unceremoniously torn down. Shame.

  4. I remember that Chase bank from back when it was Chemical Corn Exchange.

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