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Old September 25th, 2014, 07:45 PM   #1
Vertical_Gotham
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NEW YORK | 118 East 59th Street | 143m | 470ft | 38 fl | Prep

Permits Filed: 37-Story Tower Coming to 118 East 59th Street (read more in link)
http://newyorkyimby.com/2014/09/undefined



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Permits are up for a 37-story building that will rise at 118 East 59th Street, in Midtown East, between Park and Lexington Avenues. SLCE is the architect of record, and Neo Que Yao of the Euro Group is listed as the developer


Quote:
The building will stand 470 feet tall, so ceiling heights will be generous, but the actual scope of the project will be surprisingly small. Besides 6,326 square feet of commercial space, the building will have 70,260 square feet dedicated to residential use, split between 29 units.
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Old November 10th, 2014, 09:33 PM   #2
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http://ny.curbed.com/archives/2014/1...ttractions.php

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Developer Euro Properties' new condo tower, which is rising on the site of two low-rises on East 59th Street, inches closer to reality, as it tapped Brown Harris Stevens to handle sales. Designed by Singaporean architect Soo Chan—yes, he of the private pool-laden apartments coming to the High Line—the building will be 38 stories with 29 apartments, ranging from one to three bedrooms. There will be two duplexes and a triplex penthouse, with three floors of retail at the base. Construction began earlier this year and there is no estimated completion date.
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Old November 11th, 2014, 05:48 AM   #3
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I hope that the junky red structure is coming down.
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Old November 11th, 2014, 05:56 AM   #4
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That red store adds more character to that block.
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Old November 12th, 2014, 03:50 AM   #5
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The red structure is part of the site. I walked by today, and all of the stores vacated the building.
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Old November 13th, 2014, 07:48 PM   #6
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118 East 59th Street: Boutique Skyscraper to Rise in Hybrid Area Between Midtown and the UES

http://www.6sqft.com/118-east-59th-s...n-and-the-ues/

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An exclusive condo tower is set to rise within the quickly changing area where Midtown East‘s commercial bustle tempers down into the elegant residential blocks of the Upper East Side. Located at 118 East 59th Street near Park Avenue, the unassuming site is being developed by Hong Kong-based Euro Properties, their first foray into the Manhattan market.
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Old November 13th, 2014, 07:55 PM   #7
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Nice. I hope that they come up with a nice design.
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Old November 13th, 2014, 08:02 PM   #8
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Exciting. Another nice sized tower for this area. Hope the design will be good. :Cheers:
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Last edited by Vertical_Gotham; November 13th, 2014 at 08:15 PM.
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Old November 13th, 2014, 11:57 PM   #9
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Does this site include the building to the right housing Argosy Gallery?
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Old November 15th, 2014, 01:51 PM   #10
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We'd have to check ACRIS. When I walked by the other day, the stores in the red building were closed, but Argosy was not.
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Old November 16th, 2014, 11:59 PM   #11
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I don't think Argosy is moving. That's a New York institution on par with Pearl Paint, J&R, and Rizzoli. If they had sold their building, it'd be major news.
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Old December 4th, 2014, 08:02 PM   #12
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Euro Properties eyes opportunity as firm ends 2014 on high note
http://www.rew-online.com/2014/12/04...-on-high-note/

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Euro Properties’ 2014 investments focused on development sites. The first is 118 East 59th Street, which will yield a tower designed by SCDA and offer 29 full-floor condominiums, including two duplex units and an ultra-luxurious triplex penthouse. “We were immediately drawn to this location – off Park Avenue, blocks from Central Park, the Upper East Side’s exclusive shopping and great restaurants, and ample transportation – and believed we could create homes that would appeal to people who want to take advantage of all the best things New York has to offer, yet also experience tranquility when they walk into their own residence,” Neo said.

“This is what we will create at 118 East 59th Street, and we look forward to unveiling our plans in 2015.
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Old February 11th, 2015, 03:06 AM   #13
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Bloomberg deserves a good neighbor.
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Old February 11th, 2015, 03:29 AM   #14
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Quote:
Originally Posted by Jose Mari View Post
That red store adds more character to that block.
Are you high? This block will be better off the instant that building is gone.

I'd like to see that wedding cake next door and crummy little Aldo shop redeveloped.
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Old February 19th, 2015, 12:43 AM   #15
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Demo has begun!

Work Starts on Condos Near Manhattan’s Billionaire Row
http://www.multihousingnews.com/news...004115426.html

Quote:
Euro Properties has started work on a condo tower at 118 East 59th St. in Manhattan with the demolition of the existing property on the site. When complete, the new property will offer 29 full-floor and larger residences, and be anchored by a three-floor retail condo on its lower floors.

The company acquired the site in 2013 for $49 million, as well as an air, light and views easement at 116 East 59th, which is next door to the development site. That part of 59th is between Park and Lexington avenues, and it isn’t far from the high-end towers along Billionaire’s Row.

According to current plans, the property’s one-bedroom units will start at $2.9 million, while two-bedrooms will start at $3.7 million. Two duplex condos will range from $15.5 million to $16.5 million, and storage units in the building will be offered for $45,000.

Brown Harris Stevens is marketing the property. Soo K. Chan, founding principal of SCDA Architects, designed the property.

This is Euro Properties’ first foray into New York City condos. The Hong Kong-based company has developed residential projects in various places, both in the United States—including Long Island and Greenwich, Conn.—as well as Hong Kong, Australia and Singapore.
previously via curbedny

New East 59th Street Condo Tower Reveals Interior Rendering
http://ny.curbed.com/archives/2015/0...ering.php#more



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Old February 19th, 2015, 02:06 AM   #16
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Nice!
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Old April 2nd, 2015, 03:16 PM   #17
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Yesterday
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Old May 9th, 2015, 01:09 AM   #18
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Exterior renders via Curbed!



Quote:
Singaporean architect Soo Chan, who may be better known for his High Line project with "neo-tropical" individual private pools, is responsible for the "facade that recalls the pressed-down buttons on an old-fashioned tape recorder, with sections that are beveled, at slight angles." Each apartment will be at least one floor, most will have two bedrooms, and about half will have Central Park views.
More info after the jump. Totally nuts that this thing will only have 29 units. I think it's a very handsome design, but of course there's only the one angle so far.
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Old May 9th, 2015, 06:33 AM   #19
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Beautiful!

It looks like Argosy Books is part of the site.
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Old May 11th, 2015, 07:49 AM   #20
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it has a One Madison vibe to it.
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