Construction has topped out on 260 East 72nd Street, a 20-story residential building on Manhattan’s Upper East Side. Designed by Peter Pennoyer Architects and developed by Simon Dushinsky of Sky Equity Group, the 161,000-square-foot structure will yield 60 condominium units in two- to five-bedroom layouts, as well as 3,200 square feet of ground-floor retail space divided into two storefronts. The project will also include an adjacent 10-story annex.
The Hill West Architects is the architect of record for the property, which is alternately addressed as 1357 Second Avenue and located at the intersection of Second Avenue and East 72nd Street, with a narrow panhandle that extends south to East 71st Street.
The entire reinforced concrete superstructure was built since our last update in early August, when excavation was still underway behind the sidewalk fencing. Formwork currently covers the top of the bulkhead above the multifaceted crown, while white netting shrouds the tower below as crews work to install the façade.
260 East 72nd Street. Photo by Michael Young.
260 East 72nd Street. Photo by Michael Young.
260 East 72nd Street. Photo by Michael Young.
260 East 72nd Street. Photo by Michael Young.
260 East 72nd Street. Photo by Michael Young.
260 East 72nd Street. Photo by Michael Young.
260 East 72nd Street. Photo by Michael Young.
The following photo from East 71st Street shows the site of the 10-story annex, which has yet to begin rising above street level.
260 East 72nd Street. Photo by Michael Young.
The rendering in the main photo showcases the upper levels of the building, previewing a prewar aesthetic with stepped setbacks leading to mechanical bulkhead with ornamental grilles. The façade will be composed of beige brick with white stone trim and cornices. Several of the setbacks will feature decorative stone pillars, and two of the upper corners will have loggia terraces. Juliet balconies will also line several of the windows.
Douglas Elliman Development Marketing will handle sales and marketing for the units, with a launch date expected this fall.
The property was formerly occupied by a row of five-story residential buildings along Second Avenue and the St. John The Martyr Church on East 72nd Street, as seen in the below Google Street View image.
1357 Second Avenue. Image: Google
The property is located directly across from the entrance to the Q train at the 72nd Street station.
259 East 72nd Street’s anticipated completion date is slated for summer 2027, as noted on site.
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Can we please start taxing condos at market value?
These projects that demolish affordable pre war apartments to put up enormous condos are getting old.
You want a brand new 5,000sf condo at the expense of relatively affordable in housing? Pay 1.5% on that $10MM valuation.
Great idea . Maybe add a ta higher tax for previous tenant harassment..
Is this the same group
Manhattan District Attorney Alvin L. Bragg Jr. and D.O.I. Commissioner Jocelyn E. Strauber today announced the indictment of MEYER CHETRIT, 61, and an indicted unarraigned co-defendant, and their companies, THE WEST PARAMONT LLC, and THE CHETRIT GROUP, LLC for harassing two older, rent-regulated tenants in Chelsea between September 2020 and September 2025. MEYER CHETRIT, an indicted unarraigned co-defendant, THE WEST PARAMONT LLC, and THE CHETRIT GROUP, LLC are charged in a New York State Supreme Court indictment with two counts of Harassment of a Rent Regulated Tenant in the First Degree. [1]
Stunning upgrade to the UES and great to see the modern day “pre-war” influence of RAMSA spill over to additional architectural firms.
Speaking of which, RAMSA is designing the building on East 71st Street too! That area is going to look so good when both of these are finished
I see the “poor door” has been replaced by an “annex.”
Seems like there’s no rush on that ‘affordable housing annex’
So help me understand this. I desperately wanted to live in the neighborhood of my choice. I couldn’t afford it. Did I look for a subsidy? No! I moved to a more affordable neighborhood and have met wonderful friends. This project is a great solution. The “poor door”controversy was stoked by DeBlasio. In my current building I pay extra for my gym. Why should subsidized tenants have access to luxury amenities when they are being heavily subsidized?
There were probably close to 60 affordable units lost here, so basically no increase in housing units. This is the problem.