Kuafu Properties

151 East 60th Street

Planned Supertall at 151 East 60th Street Appears To Be Latest Casualty of Chinese Development Bust, on the Upper East Side

Directly across the street from Bloomingdale’s, 143-155 East 60th Street, or 151 East 60th Street, was supposed to give rise to a residential supertall on the southern edge of the Upper East Side. The assemblage has seen impressive design proposals released by both Archillier Architecture and Kohn Pedersen Fox. Demolition of six low-rise buildings began in the summer of 2017, after permits were filed. However, since then, activity has come to a grinding halt, and it appears that the site is the latest casualty of New York City’s Chinese-led development bust.

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South view from the 62nd floor of Manhattan View at MiMA. All photographs by the author

Scoping Out the Views from Condo Conversion Manhattan View at MiMA

The huge MiMA residential building, designed by Arquitectonica, opened in Hell’s Kitchen in 2011. Its 500 rental units stretching up to the 49th floor were topped with a further 151 units across 13 more floors. Those luxury units were known as One MiMA Tower, and they opened in 2012. Now, they are undergoing a change, and YIMBY got the first look inside.

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1289 Lexington Avenue

Developers File For 18-Story, 63-Unit Mixed-Use Building At 147 East 86th Street, Upper East Side

This past summer, YIMBY revealed renderings of the planned 18-story, 63-unit mixed-use building planned at 147 East 86th Street (a.k.a 1289 Lexington Avenue), on the Upper East Side. Now its developers – Ceruzzi Properties, Kuafu Properties, and Stillman Development – have filed applications with the Department of Buildings. The new building will span 229,751 square feet in total, and the cellar through the second floors will contain 26,718 square feet of commercial space. The NY Sports Club is expected to occupy two floors in the building. The third floor will contain residential amenity space, featuring lounge spaces, a children’s playroom, and a gym. The condominium units, ranging from two- to five-bedrooms and averaging 2,800 square feet apiece, will also begin on the third floor. Hellmuth, Obata + Kassabaum (HOK) is designing and completion is expected in 2018. Two existing low-rise commercial buildings must first be demolished. [The Real Deal]


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