Uptown

Construction Underway At Bottega Veneta’s 740 Madison Avenue Boutique, Upper East Side

6:30 am on March 11, 2016 By Vitali Ogorodnikov

Construction of the 24,000-square-foot Bottega Venetta boutique store is in full swing at the intersection of Madison Avenue and East 64th Street. The retailer will occupy 740 Madison Avenue along with 23 and 25 East 64th Street. It acquired the property from the Wildenstein family of international art dealers in the fourth most expensive lease of 2014, with an estimated rent of $8 million. Sitting one block east of Central Park and a few blocks north of the Billionaires’ Row rising along 57th Street, the site is within the Upper East Side Historic District, meaning that the developer had to engage in a delicate design and approval process before starting work on the three 19th century buildings.

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707 West End Avenue

First Renderings Of 10-Story, 64-Unit Residential Addition At 707 West End Avenue, Upper West Side

6:30 am on March 8, 2016 By Reid Wilson

In January, YIMBY brought you an update on the planned 10-story, 64-unit residential addition atop the existing six-story, 144-unit rental building at 707-711 West End Avenue, between West 94th and 95th Streets, on the Upper West Side. Now, Curbed has the first official rendering that shows a glimpse of the top of the structure. The project, dubbed the Haswell, will add 155,420 square feet of residential space to the property. Condominium units should average a spacious 1,905 square feet apiece, and amenities will include private and communal outdoor spaces, a reading room, and a renovated lobby. The existing, largely rent-stabilized, building will also get extensive renovations, including new windows, and will have access to 5,000 square feet of new outdoor space on the second floor. SJP Properties and P2B Ventures are the developers and PBDW Architects is designing. Completion is expected in early 2018.

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1291-1297 Third Avenue

Possible Development Site Up For Sale At 1291-1297 Third Avenue, Upper East Side

10:00 am on March 7, 2016 By Reid Wilson

Premier Equities is placing on the market an assemblage of five tenement buildings along Third Avenue, between East 74th Street and 75th streets, on the Upper East Side. According to Crain’s, the five-story tenements at 1291-1297 Third Avenue (the corner property also uses the address 201 East 74th Street) and another undisclosed four-story building on 75th Street are being advertised to developers. There’s roughly 115,000 square feet of development potential at the site, although a developer would most likely demolish two of the tenement buildings for a 95,000 square-foot residential tower, according to Meridian Investment Sales, the brokerage firm tasked to sell the properties. The assemblage doesn’t come with an asking price.

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11 East 75th Street

Owner Denied Permission To Combine Three Upper East Side Properties Into Mansion At 11-15 East 75th Street

6:00 am on March 7, 2016 By Reid Wilson

In July of 2015, Russian billionaire Roman Abramovich closed on the purchase of the five-story townhouse at 13 East 75th Street, on the Upper East Side, for $30 million, completing an assemblage which includes the multi-family building at 11 East 75th Street and the townhouse at 15 East 75th Street. So far, Abramovich has spent a total $78 million acquiring the three properties, and within the last few months, filed applications to combine them into an 18,225-square-foot mansion. The New York Post now reports the applications were, unsurprisingly, disapproved. Combining the buildings would be complex since the structures have uneven floor plates and the Landmarks Preservation Commission would have to approve the project, as it’s located within the Upper East Side Historic District. Stephen Wang + Associates was serving as the architect of record.

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