Uptown

1522 First Avenue Rises Above Street Level on Manhattan’s Upper East Side

Construction is rising on 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery has signed on as the anchor tenant and will occupy 200,000 square feet across the first eight stories of the building. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternately addressed as 403 East 79th Street and located between East 79th and 80th Streets.

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Foundations Underway At 1026 Third Avenue on Manhattan’s Upper East Side

Excavation and foundations are progressing at 1026 Third Avenue, the site of a 24-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Ismael Leyva Architects and developed by Kahen Properties, which purchased three adjacent properties for $34 million in July of 2022, the 273-foot-tall structure will span 100,000 square feet and yield 81 rental units with an average scope of 1,200 square feet, as well as ground-floor retail space, a gym, and a top-floor banquet space. Third North Holdings LLC is listed the owner and Third North GC LLC is the general contractor for the project, which is located between East 60th and East 61st Streets.

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Arloparc Nears Completion at 126 East 86th Street on Manhattan’s Upper East Side

Construction is nearing completion on Arloparc, a 20-story residential building at 126 East 86th Street on Manhattan’s Upper East Side. Designed by Zproekt Architects and developed by Rybak Development and BK Developers, the 79,842-square-foot structure will yield 28 condominium units designed by STUDIO20MIGLIA, as well as 2,700 square feet of commercial space on the ground floor. Rybak is also serving as the general contractor, Molly Elizabeth is the interior designer, and Corcoran New Development is handling sales and marketing for the property, which is located on a narrow rectangular interior plot between Lexington and Park Avenues.

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The Treadwell Nears Completion At 249 East 62nd Street on Manhattan’s Upper East Side

Construction is nearing completion on The Treadwell, a 28-story residential tower at 249 East 62nd Street in the Treadwell Farm Historic District of Manhattan’s Upper East Side. Designed by INC Architecture & Design and developed by Dart Interests, the 347-foot-tall Art Deco-inspired building will yield 66 condominium units in studio to three-bedroom layouts with prices ranging from $1 million to $4.5 million. Brown Harris Stevens Development is managing sales and marketing for the homes, SLCE Architects is the executive architect, CM & Associates is the general contractor, and Zeckendorf Development is the co-development manager of the project, which stands near the corner of Second Avenue and East 62nd Street.

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The Wales at 1295 Madison Avenue - Courtesy of VMI Studios

YIMBY Tours The Wales At 1295 Madison Avenue on Manhattan’s Upper East Side

YIMBY toured The Wales, a newly converted 11-story condominium building at 1295 Madison Avenue in the Carnegie Hill section of Manhattan’s Upper East Side. Developed and owned by Adellco, which purchased the site from LJ Real Estate Capital Partners in 2018 for $56.3 million, along with Parisian design studio PINTO, the historic building features a collection of 21 condominium units and accompanying amenity spaces. Form4 Design Studio and Higgins Quasebarth designed the renovations and upper two-story expansion, and Press Builders served as the general contractor for the property, which was formerly known as Hotel Wales and stands at the corner of Madison Avenue and East 92nd Street. Condominium closings commenced back in March with residences priced from $3.59 million to $21.5 million for the penthouse.

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