Demolition is complete at 439 East 77th Street, the site of a seven-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by ARC Architecture + Design Studio for Jack Ezra of Urban Spring Capital, the 74-foot-tall structure will span 28,923 square feet and yield 16 condominium units with an average scope of 1,807 square feet, as well as a cellar level, a 30-foot-long rear yard, and two enclosed parking spaces. The property is situated on an interior lot between First and York Avenues.
Recent photographs show the former occupant, a two-story parking facility, fully razed and cleared from the rectangular lot. Some construction machinery is present at the site but excavation work has yet to commence.
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
The following Google Street View image shows the former occupant of the plot before demolition began.
439 East 77th Street on the Upper East Side via Google Maps
The developer purchased the property for $5.8 million in December 2022. Last October, S3 Capital provided real estate investment company Visabe $24.5 million in construction financing to complete the condominium project.
The nearest subway from the development is the Q train at the 72nd Street station along Second Avenue.
No renderings, list of potential amenities, nor a construction timeline have been released for 439 East 77th Street.
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when places like sloan ask for something the default reply ought to be to to ask how much they are asking for, and then give them twice as much. sloan does very important work and should be lauded for it. caveat: there are coi conflict of interest/ethics and environmental health and safety issues. e.g. when the adjacent rrl was built the facilities team actually neglected to install ductwork controls, in a building strewn with toxins, whose windows could not be opened. sloan was granted ~ 500 million (cumulative) covid relief and in 2022 purchased ~ 500 million in prime ny real estate. weren’t covid funds supposed to be to help retain jobs? sloan deleted ~ 300 positions. everyone wants sloan to win. we just don’t want them to cheat. there was a scene in a movie about mcdonalds where rk had an epiphany courtesy of a finance person who convinced him that he was in the real estate rather than food business. might one extrapolate here and think that sloan, too, is in the real estate business with a nifty tax shelter too?
Some people may have questions about, why it had to be demolished and I don’t know either: Thanks.