The Matteo Nears Completion at 323 East 79th Street on Manhattan’s Upper East Side

Exterior work is finishing up on The Matteo, a 17-story residential building at 323 East 79th Street 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 with 15 full-floor condominium units in three- to four-bedroom layouts. All homes will feature direct elevator access, and some will span two floors. Sunlight Construction AA is the general contractor and The Masters Division at Nest Seekers is handling sales and marketing for the property, which is located on a narrow interior plot between First and Second Avenues.

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Permits Filed for 4 East 49th Street in Midtown East, Manhattan

Permits have been filed to expand a 14-story structure into a 29-story mixed-use building at 4 East 49th Street in Manhattan’s Midtown East. Located between Fifth Avenue and Madison Avenue, the interior lot is one block from the 47-50 Streets-Rockefeller Center subway station, serviced by the B, D, F, and M trains. Rudolf Abramov of RJ Capital Holdings is listed as the owner behind the applications.

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