Permits have been filed for a 20-story mixed-use building at 1230 Madison Avenue, on the Upper East Side of Manhattan. The site is ideally located for culturally engaged residents, as it is on the same block as the Guggenheim Museum, and just six blocks away from the Metropolitan Museum of Art. Six blocks away is the 86th Street subway station, serviced by the 4, 5, and 6 trains. Real Estate Equities Corporation (R.E.E.C.) is behind the applications.
The 208-foot tall structure will yield 64,040 square feet within, with 3,840 square feet dedicated to commercial use, and 51,900 square feet for residential use. 15 apartments will be created, averaging 3,460 square feet apiece, indicating higher-end condominiums. One terrace will be included on the top floor, with the eighteenth to twentieth floors being mechanical floors. Tenants will have access to a gym, event room, bicycle storage, and terraces on the second, thirteenth, fifteenth and seventeenth floors.
SLCE Architects are listed as the architect of record.
Demolition permits were filed in January 2018. The estimated completion date has not been announced.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Please pardon me for using your space: The development is aimed at mixed-use building.
People who can afford to live in this building will use that ‘6 blocks away’ subway once a year, if that.
This is mammoth building is DISGRACEFUL and is just another example of unabashed overdevelopment. The Carnegie Hill Neighborhood should mount an offense to this. Twenty stories is absurd.
I have a substantial interest, I have Parkinson’s, and not only will i be inconvenienced by this huge construction, but it will affect my health, i will not be able to live here, the dirt, noise.
What about laws to protect people and rights to enjoy living in your home.