Extell Development Company has closed on $425 million construction loan to complete a mixed-use high-rise at 1520 First Avenue on Manhattan’s Upper East Side. The 30-story building will include a mix of medical and commercial office space with frontage along East 80th and East 81st Streets.
Construction has topped out on 310 East 86th Street, a 21-story residential tower in the Yorkville section of Manhattan’s Upper East Side. Designed by ODA Architecture and developed by IGI-USA, the 145,000-square-foot building will yield 69 condominiums and an undisclosed amount of commercial space. Hunter Roberts Construction Group is the general contractor for the property, which is located between Second and Third Avenues, directly across from the 86th Street station, servicing the Q train.
Exterior work is wrapping up on 200 East 83rd Street, a 35-story residential tower in the Yorkville section of Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by Naftali Group and Rockefeller Group, the 449-foot-tall structure will yield 205,877 square feet and 86 units with sales and marketing underway by Compass, as well as 3,033 square feet of ground-floor retail space and parking for 26 vehicles. SLCE Architects is the architect of record and Leeding Builders Group is the general contractor for property, which is located at the corner of Third Avenue and East 83rd Street.
This week Bristal Assisted Living opened its first assisted living facility for seniors in Manhattan. Located at 1622 York Avenue on the Upper East Side, the property is aptly named Bristal at York Avenue and comprises 132 apartments for seniors in need of independent or assisted living, highly specialized care for residents with Alzheimer’s or dementia, and a collection of condo-quality amenities and recreational spaces.
Construction is rising on 323 East 79th Street, a 17-story residential tower in the Yorkville section of the Upper East Side. Designed by Woods Bagot Architects and developed by Boomerang Development Group, which purchased the property from Spruce Capital Partners for $13.7 million, the 214-foot-tall structure will yield 35,045 square feet and 15 full-floor condominium units. Each will feature a three-bedroom, two-bathroom layout with direct elevator access, and some will span two floors. Sunlight Construction AA LLC is the general contractor for the property, which is located on a narrow plot between First and Second Avenues.
