YIMBY captured the current state of three nearby sites slated for new residential developments on Manhattan’s Upper East Side. The properties are located along Second Avenue in Lenox Hill, all in close proximity to the Q train at the 72nd Street station.
The first project is 259 East 72nd Street, the site of a future 21-story residential building at the southwest corner of Second Avenue and East 72nd Street. Developed in partnership with Rabsky Group and Chetrit Group, the 150,000-square-foot structure will yield 53 condominium units and 5,700 square feet of retail space, along with an adjacent five-story annex containing four affordable housing units. The 14,000-square-foot property is alternately addressed ans 1357 Second Avenue and includes a narrow panhandle that extends south to East 71st Street.
The Real Deal first unveiled a redesign of the project back in November, which shows an elegant exterior design that includes stepped setbacks with numerous outdoor terraces, a bulkhead that blends into the design of the outer cladding, and ornamental elements that subtly hint at the former Church of St. John the Marty that was demolished on the northern end of the multi-parcel assemblage. Chetrit already secured a $235 million construction loan corm G4 Capital last fall, with Henry Bodek of Galaxy Capital arranging the deal.
259 East 72nd Street. Rendering courtesy of Chetrit Group.
The following rendering previews the former iteration that featured a much more straightforward and contemporary facade with a four-story base clad in floor-to-ceiling glass and what appears to be white stone. Above, a red brick facade surrounds an orderly grid of rectangular windows with protruding white lintels. Symmetrical stepped setbacks on the 15th through 20th stories are shown topped with landscaped terraces, and a roof deck with additional landscaping will cap the flat parapet.
252-260 East 72nd Street. Rendering courtesy of Chetrit Group.
Excavators and a piling machine have recently arrived on the site, which had sat quiet for the past several years following the conclusion of demolition. Though a construction timeline has yet to be announced, below-grade work should begin in the coming weeks.
1357 Second Avenue. Photo by Michael Young.
1357 Second Avenue. Photo by Michael Young.
1357 Second Avenue. Photo by Michael Young.
1357 Second Avenue. Photo by Michael Young.
1357 Second Avenue. Photo by Michael Young.
The property was formerly occupied by St. John The Martyr Church and four conjoined five-story residential buildings, as seen in the below Google Street View image from before the start of demolition.
1357 Second Avenue. Image: Google
The next project is 242 East 71st Street, the site of a 21-story residential building one block to the south at the southwest corner of Second Avenue and East 71st Street. Designed by JFA Architects & Engineers and developed by Avdoo, the developer purchased the assemblage of four low-rise buildings at 1341-1347 Second Avenue and 242 East 71st Street for $52 million with a loan provided by Valley Bank. The following photos show the structures vacated and wooden fencing assembled along their ground floors as crews prepare for the start of demolition. Renderings and a construction timeline have yet to be revealed. Renderings and further details have yet to be shared.
241 East 71st Street. Photo by Michael Young.
241 East 71st Street. Photo by Michael Young.
241 East 71st Street. Photo by Michael Young.
241 East 71st Street. Photo by Michael Young.
The last project site is located diagonally across the intersection at the northeast corner of Second Avenue and East 71st Street. Developed by Torkian Group, the new structure will replace three low-rise buildings at 1382-1386 Second Avenue that the company purchased for $25 million last September from Copperwood Real Estate and Y Leaf LLC.
The following photos show the three current occupants blocked off with sidewalk fencing in preparation for their demolition, which will likely take place over the next few months.
1382-1386 Second Avenue. Photo by Michael Young.
1382-1386 Second Avenue. Photo by Michael Young.
No plans or renderings have been revealed for the new structure, but reports indicate the site could give rise to a nearly 60,000-square-foot mixed-use residential building with the potential for further augmentation by way of air rights. Torkian Group purchased around $3.8 million worth of development rights from Copperwood spanning from 1382-1388 Second Avenue. An architect and construction timeline have also yet to be announced.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Empty pit development. Demolish first, ask questions later.
The property was formerly occupied by St. John The Martyr Church and four conjoined five-story residential buildings, as seen in the below Google Street View image from before the start of demolition.
demolish an historic church and 5 buildings full of long time tenants to build for the super rich
So you would rather live in a cave then by your reasoning. Additionally history tells us that the lord is pretty good at negotiating the deep waters of real estate.