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NEW YORK | 147 East 86th Street | 210 FT | 21 FLOORS

HOK Architects Files Permits for 21-Story UES Condo Tower, Will Yield New Subway Entrance

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.

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.

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http://www.6sqft.com/hok-architects-...way-entrance/#