Gramercy

Façade installation is nearing completion on Gemma Gramercy, a 20-story residential building at 202 East 23rd Street in Gramercy Park, Manhattan. Designed by Hill West Architects and developed by SMA Equities, the 233-foot-tall structure will span 95,000 square feet and yield 108 rental units in studio to two-bedroom layouts with marketing by REAL New York. Twenty-eight of the apartments will be designated for affordable housing. KSK Construction Group is the general contractor for the project, which is located at the corner of East 23rd Street and Third Avenue on the border with Kips Bay. The property is being constructed to Passive House standards.

Construction is wrapping up on The Edison Gramercy, a 13-story residential building at 250 East 21st Street in Gramercy Park, Manhattan. Designed by Issac & Stern Architects and developed by Urban Development Partners, the 145-foot-tall structure yields 54 condominium units in one- to four-bedroom layouts with interiors by Paris Forino. Douglas Elliman Development Marketing‘s Eklund Gomes Team is leading sales and marketing for the homes with prices ranging from $1.2 to more than $6 million. Ross Associates is the general contractor for the property, which is located at corner of East 21st Street and Second Avenue.