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Old August 9th, 2014, 05:42 AM   #1
desertpunk
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NEW YORK | 1059 Third Ave. | 147m | 481ft | 30 fl | Demo

Another highrise planned for the Upper East Side:

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


Tamir Shemesh and 1059 Third Avenue

Quote:
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.

- See more at: http://therealdeal.com/blog/2014/08/....wmuyUnyG.dpuf

Last edited by desertpunk; December 12th, 2015 at 05:38 AM.
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Old August 9th, 2014, 06:01 AM   #2
Hudson11
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500 ft is pretty tall for the UES. There might be 5 or 6 taller than that currently.
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Old August 13th, 2014, 10:24 PM   #3
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This is a nice spot to have a 500 footer in the UES.
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Old October 1st, 2014, 12:25 AM   #4
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the numbers are in.

NEW YORK | 1059 Third Ave. | 147m | 481ft | 30 fl | Pro

30-Story Tower Coming to East 63rd Street: Permits Filed at 1059 Third Avenue
http://newyorkyimby.com/2014/09/30-s...rd-avenue.html



Quote:
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...(read more in link)
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(click again once inside to enlarge the map)
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Old October 1st, 2014, 01:48 AM   #5
desertpunk
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More height for that streetwall!
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Old December 12th, 2015, 05:37 AM   #6
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http://images.google.de/url?sa=t&rct...u1H6M6o4OB6GzQ

Quote:
Demolition Begins on 500-Foot UES Condo Replacing the Art & Design Building



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 drapes of doom surrounding the art & design Building:


CityRealty.com
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Old December 12th, 2015, 06:14 AM   #7
bodegavendetta
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I'm glad they spared the building on the corner. I've always liked that one and I had thought they were going to demolish that as well.
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