Yesterday, Hellmuth Obata & Kassabaum (HOK) filed permit applications with the city’s Department of Buildings to construct their first residential tower in the city–an 18-story, mixed-use condominium tower at 147 East 86th Street on the Upper East Side. The 210,000-square-foot project will anchor the northeast corner of Lexington Avenue and 86th Street and will sit directly atop the Lexington line’s 86th Street subway station, for which the developers will build a new entrance. The $340 million project is being shepherded by a joint venture among Stillman Development, Ceruzzi Properties, and Kuafu Properties, who will build retail on the first few floors of the building and high-end condo units up top. Much of the site is owned by the the estate of real estate mogul Sol Goldman. Filed plans show that the development will contain 63 units and rise 210 feet, the maximum height allowed in the zoning district.
International firm HOK is more well known for their sports arenas nationwide and were behind both the Mets’ Citifield and the Yankees’ new ballparks. Early renderings for this tower show the mid-rise’s facade articulated by large windows, stone cladding, and several setbacks and inset terraces. The Lexington Avenue sidewalk fronting the building will be expanded and the subway station entrance will be rebuilt.
At its podium, there will be nearly 30,000 square feet of retail space, of which the New York Sports Clubs will return and occupy some 24,000 square feet on the third floor. Above is an amenity floor and residential units, which Stillman Development president Roy Stillman says will be large, and family-sized. Lou Ceruzzi of Ceruzzi Properties told the Observer in June that the building will hold two- through five-bedroom condominium homes with asking prices at roughly $3,000 per square foot.
A short list of amenities detailed in the submitted plans show the building will contain tenants’ storage, a bicycle room, children’s playroom, a fitness center, a lounge, movie room, and both common and private rooftop terraces. De-Simone will serve as the structural engineers of the project. Demolition permits have yet to be filed.
The Carnegie Hill – Yorkville area surrounding the project has been awash in development activity recently. Extell’s Lucida condominium building is across 86th Street, Related Company’s The Brompton is nearby, and several high-end towers are underway including DDG’s 180 East 88th Street and Gordon Haskett & Company’s 152 East 87th Street designed by Ismael Leyva Architects.
View future listings for 147 East 86th Street at CityRealty.
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- Demolition Begins on 500-Foot UES Condo Replacing the Art & Design Building
- Affordable Housing Lottery Launched for Related’s Yorkville Rental Tower at 205 East 92nd Street
Renderings via HOK Architects
Neighborhoods : Upper East Side