New Rendering Revealed For 252-260 East 72nd Street on Manhattan’s Upper East Side – New


A new rendering has been revealed for 252-260 East 72nd Street, a forthcoming 21-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by Chetrit Group, the 150,000-square-foot project will yield 54 condominium units and 5,700 square feet of retail space, along with an adjacent five-story annex containing four affordable housing units. The 14,000-square-foot plot is also addressed as 1357 Second Avenue and was formerly occupied by St. John The Martyr Church along with several old low-rise structures, and is located at the corner of Second Avenue and East 72nd Street, with a narrow panhandle that stretches south to East 71st Street.

The rendering depicts a bulky rectangular massing that rises monolithically up to the two-thirds mark before setting back from the corner with a series of stepped terraces. The façade is composed largely of red brick framing an orderly grid of rectangular windows with dark mullions, while the bottom three floors are clad in white stone blocks with tall windows for the retail frontage. The building culminates in a flat parapet topped with a landscaped roof deck.

Demolition contractor RIG Kingland Services had recently finished razing the low-rise occupants of the property at the time of our last update in March. The below Google Street View image shows the former buildings prior to their demolition.

1357 Second Avenue. Screenshot via Google Maps

1357 Second Avenue. Screenshot via Google Maps

The following diagram details the parcel outline.

1357 Second Aevnue.

In recent news, Chetrit Group closed on a $235 million construction loan from G4 Capital Partners to complete the project. The deal was brokered by Galaxy Capital. Chetrit Group began assembling the lot beginning in 2015 by buying up 252, 254, 257, 259 and 260 East 72nd Street, as well as an additional apartment building that will contain the four new affordable homes. The church was fully demolished in spring 2020.

The development site is located across East 72nd Street from the 72nd Street subway station, serviced by the Q train.

A completion date and architect for 252-260 East 72nd Street have yet to be confirmed.

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1357 Second Avenue Architecture Chetrit Group Construction Update Lenox Hill Mixed-Use New York Residential Retail Upper East Side





This article was originally published by a newyorkyimby.com . Read the Original article here. .