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  #1  
Old Posted Aug 13, 2014, 4:10 PM
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Smile NEW YORK | 1059 Third Ave | 500 FT | FLOORS

Inverlad bringing 500-foot-high condo project to the UES


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Chance Gordy’s Real Estate Inverlad Development, in partnership with Steve Mills’ Third Palm Capital, is bringing a 500-foot-high condominium tower to the Upper East Side at 1059 Third Avenue, The Real Deal has learned.

The developers paid an entity associated with the Battaglia family $31.5 million for the property in 2012. The site is located at Third Avenue between 62nd and 63rd streets.

Manuel Glas will design the building, a source familiar with the property said. Since permits are yet to be filed with the Department of Buildings, it is unclear how many units the project will hold. At the time of acquisition, the developers had 52,500 square feet of buildable rights, but sources said they were likely to have acquired further air rights. The developers filed permits to demolish a five-story building on the site — which is in an R-10 zone with no height restrictions — in October, according to DOB records.
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http://therealdeal.com/blog/2014/08/....Td9l4aOX.dpuf
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  #2  
Old Posted Aug 13, 2014, 8:46 PM
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If you head up 3rd, 2nd, 1st and York Avenues, there are lots of small plots that have skinny, rather tall towers planned. This is really one of a bunch.
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Old Posted Aug 13, 2014, 8:54 PM
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Good height for the area.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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  #4  
Old Posted Sep 30, 2014, 11:54 PM
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Permits Filed at 1059 Third Avenue



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Development in the eastern half of the Upper East Side is on a tear, with towers planned for First, Second and Third Avenues.

And now comes another on Third Avenue, at East 63rd Street. There, at 1059 Third Avenue, Manuel Glas Architects filed a new building permit for a 30-story, 481-foot-tall residential tower. The developers are Lansing, Michigan-based Chance Gordy with Inverlad Development and Steve Mills, who are also working with Manuel Glas on another building nearby, at 61st and Second.

The 127,000-square foot building would hold 105,000 square feet of net residential space divided among 67 apartments. Given the Upper East Side location, an average unit size of 1,500 square feet, and airy 16-foot floor-to-floor heights, condos are almost a given, though we could not get in touch with the developers to confirm.
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http://www.yimbynews.com/2014/09/30-...rd-avenue.html
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  #5  
Old Posted Nov 3, 2015, 6:23 PM
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NYC DOB:



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  #6  
Old Posted Nov 3, 2015, 6:31 PM
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There's another 500 ft. residential building going up four blocks south, at 3rd/59th. Permits were recently posted to DOB.
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  #7  
Old Posted Dec 12, 2015, 4:03 PM
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Demolition Begins on 500-Foot UES Condo Replacing the Art & Design Building






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Demolition has begun at the Lenox Hill site of a forthcoming 30-story condominium being developed by Orlando-based Inverlad Development and Steve Mills’ Third Palm Capital. The future 45-unit, 481-foot tower will replace the five-story Art & Design Building at 1059 Third Avenue and utilizes development rights from an adjacent apartment building at 1065 Third Avenue, which will also host an entryway for the Lexington/63rd Street station of the Second Avenue Subway. The developers paid an entity associated with the Battaglia family $31.5 million for the property in 2012.

Building permits were approved in late October, granting the team the go-ahead to build a narrow, slab-shaped tower designed by Manuel Glas. According to DOB filings, the first three floors will contain office space and a healthcare facility, and above are 32 residential units. The amenity floor on level 12 will feature a fitness center, spa, swimming pool, tenants’ lounge, and an outdoor terrace. Above level 13, seventeen full-floor residences will possess commanding views of the burgeoning Billionaires’ Row skyline, East River and Central Park.
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http://www.6sqft.com/demolition-begi...sign-building/
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  #8  
Old Posted Jul 18, 2016, 11:46 PM
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^^^^^^

Shitty midrise no more. Abracadabra, ala barnett!

Last edited by chris08876; Feb 6, 2018 at 2:09 AM.
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  #9  
Old Posted Feb 6, 2018, 2:10 AM
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Credit: nyc1

Last edited by chris08876; Jul 7, 2018 at 2:19 AM. Reason: image didnt work
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  #10  
Old Posted Jul 7, 2018, 2:20 AM
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Credit: City Realty
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  #11  
Old Posted Jul 10, 2018, 8:29 PM
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I like it! Marble/granite is back. Looks like a crazy Aon Tower.
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  #12  
Old Posted Oct 23, 2018, 4:22 PM
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Credit: Michael Young via NYY

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Created from a reinforced concrete, the building’s structure includes multiple shifts in its profile that yield outdoor terraces, extra corner windows, and a play of solids and voids. The facade changes on all four sides in response to the lighting condition, core placement, neighboring skyscrapers, and views.

A mix of thin vertical windows and mullions line the southern elevation hiding the core walls, while large floor-to-ceiling glass ribbon windows are present on the east and west facade that face the East River and most importantly, Central Park. All these aspects and details give the building a more interesting character than just a plain glass box.

103,900 square feet will go towards the 38 condominiums that start on the sixth floor, and average around 2,740 square feet. 7,100 square feet will be used for office space on the second floor ,while a hospital facility will take up around 9,700 square feet on the third and fourth floors. Amenities for 1059 Third Avenue include a fitness center, a spa, and a residential lounge.

When finished, 1059 Third Avenue will be one of the tallest skyscrapers on the Upper East Side. Completion of the entire project is expected in the latter half of 2019.
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  #13  
Old Posted Nov 13, 2018, 7:16 PM
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In the background, to the right.



Credit: NYY
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  #14  
Old Posted Apr 12, 2019, 2:53 AM
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Credit: JC_Heights
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  #15  
Old Posted Jun 6, 2019, 4:06 AM
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Developers Built a 30-Story High-Rise. They Might Have to Chop Off 5 Floors



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In New York City, real estate fights between neighborhoods and developers over new projects typically take place long before any ground is broken.

But the latest battle involves a 30-story condo tower in Manhattan that is nearly finished.

It turns out that the building is larger and taller — by as many as five floors — than the city’s zoning codes allow. That is what an elected official is claiming, raising the specter that the building might have to shave off some of its height, an extremely rare penalty.


The building, on the Upper East Side, is part of an onslaught of new high rises being erected in the area as developers push into untouched corners of New York City, prompting fierce resistance from residents who believe their neighborhoods are being overwhelmed by soaring glass towers.

The higher that buildings can stretch into the sky, the more money that developers can command for sweeping views.

The architect of the Upper East Side building, however, denies violating zoning rules. But city officials are investigating the claim by Gale A. Brewer, the Manhattan borough president.

She said the 467-foot-tall building on Third Avenue near 63rd Street included nearly 10,000 square feet that the city’s Department of Buildings should have never approved.

Ms. Brewer sent a letter on Friday to Mayor Bill de Blasio and the Manhattan district attorney’s office calling for an investigation into how the building was allowed to get so big, citing a private planning consultant who she said discovered the potential violation.

The building on Third Avenue exposed “egregious lapses” in the city’s oversight of developments, Ms. Brewer said.

“If the results of the investigation conclude that the floor area now constructed was in fact fraudulent, DOB must order an equivalent amount of footage be removed from the building,” Ms. Brewer wrote in her letter, referring to the Department of Buildings.
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https://www.nytimes.com/2019/06/05/n...ndo-tower.html
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