Nearly 500-Foot-Tall Luxury Tower Planned For Upper East Side Corner
Nearly 500-Foot-Tall Luxury Tower Planned For Upper East Side Corner

Nearly 500-Foot-Tall Luxury Tower Planned For Upper East Side Corner

UPPER EAST SIDE, NY — A new, nearly 500-foot-tall luxury building could soon tower Yorkville, according to city records.

The proposed 39-story building is slated for the site of a former Gristedes at 1448 Third Ave., part of a block-long set of buildings that spans from East 82nd to East 83rd streets, according to the permits filed last week

Plans show that the 72-unit tower will be developed by Douglaston Development, known for their huge projects in Hudson Yards and on the Williamsburg waterfront.

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The architect is named as CetraRuddy, whose listed luxury projects include the former Barbizon Hotel in Lenox Hill.

According to the filing, the proposed 478-foot-tall building will include 72 apartments on a new subdivided tax lot, which was only tentatively approved by the city’s tax authorities recently.

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The luxurious tower will boast numerous amenities, including a lounge, media room, sauna, terrace, pool and pool deck on the 21st floor; a fitness room, kid’s room and yoga studio on the 22nd floor; and bike storage and a “library lounge” on the ground floor.

The scope of the proposed building is difficult to parse, since the filing includes both the new, proposed lot and the existing one, and much of the filing appears to contain conflicting information about size and density.

Patch reached out for comment and clarity, and left messages with both the developer and the architect, but neither responded by publication time.

One thing is for sure: much of the tower will be quite exclusive, according to the filing.

On 14 of the tower’s floors, prospective occupants will be wrapped in spacious isolation, with only two apartments per floor — and it gets better from there.

The top three floors will house just a single unit each.

An 89-unit rental building currents sits on the existing tax lot, which stretches along Third Avenue from East 82nd Street and wraps along East 83rd Street, where it slightly approaches the mid-block.

Filed documents show that the new lot would be created by bisecting the current lot in roughly the middle of Third Avenue — where a demising wall is currently located, other documents show — with the new tower to be located on the new, southern tax lot.

Partial demolition plans filed in January say that the southern half of the building is unoccupied.

The remaining six-story building on the now-subdivided northern lot would stay in place with about 50 rental units, according to the new building permit and the separate partial demolition, giving a total of 125 units across both lots — a number erroneously reported by several other news outlets as the total number of units in the proposed building.

Partial demolition at the site, first reported on by Upper East Site, has been underway since late last 2023.

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