Ceruzzi Properties

138 East 50th Street

Revealed: 138 East 50th Street, 803-Foot-Tall Midtown Condo Tower Designed by Pelli Clarke Pelli

Back in 2014, we reported on permits for a new 52-story hotel at 138 East 50th Street, between Lexington and Third Avenues in Midtown East. YIMBY can now reveal the latest plans for the site, which have changed significantly, and the entirety of the building above the retail base will be condominiums. The project has also received a significant height boost, and is now slated to stand 64 stories and 803 feet tall, with Pelli Clarke Pelli serving as the design architect.

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520 Fifth Avenue

Developers Close On 520 Fifth Avenue, Plan 71-Story Mixed-Use Tower, Midtown

In June, Ceruzzi Properties was reportedly in contract to purchase 520 Fifth Avenue, on East 43rd Street, and now the developer has closed on the $325 million site, according to Commercial Observer. Shanghai Municipal Investment’s U.S. arm is partnering with Ceruzzi, and the team is planning to follow through with applications filed back in 2014, which call for a 71-story mixed-use tower.


1289 Lexington Avenue

Revealed: 1289 Lexington Avenue, 21-Story Upper East Side Condo Tower Designed by HOK

A few days ago, partial renderings of the new mixed-use development coming to 147-151 East 86th Street surfaced. The site abuts one of the most prominent corners of the Upper East Side in terms of pedestrian traffic, and fittingly, the existing structure will soon meet the wrecking ball for a new 21-story building with an address of 1289 Lexington Avenue, which YIMBY can now reveal.

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147 East 86th Street

Partial Renderings for 21-Story Building At 147 East 86th Street, Upper East Side

Partial renderings have surfaced for a 21-story building at 147-155 East 86th Street, on the Upper East Side. The site is being developed by Ceruzzi Properties, Stillman Development and Kuafu Properties. According to Commercial Observer, the 230,000 square-foot building will include 30,000 square feet of retail on the first two floors, another 24,000 square feet on the third and fourth floors for a New York Sports Club, and 50 condominiums on top.


520 5th avenue

Ceruzzi Properties To Acquire 520 Fifth Avenue, 71-Story Mixed-Use Tower Planned, Midtown

Last December, Thor Equities filed applications for a 71-story, nearly 353,600 square-foot mixed-use tower at 520 5th Avenue, in Midtown, and now Ceruzzi Properties has agreed to acquire the site for $325 million, according to Commercial Observer. The new owner plans to proceed with previous plans, which will feature three stories of retail, followed by 208 hotel rooms up to the 24th floor, and 145 residential units in the upper reaches of the tower.


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