New Development Highlight: 252 East 57 Street

ricardo, Sep 20, 2014 5:26:39 PM

Anchoring the eastern end of Billionaire’s Row, this long-awaited 65-story luxury tower by World Wide Group and Rose Associates will soon rise at 252 East 57 Street on the corner of Second Avenue. Designed by Skidmore, Owings & Merrill (SOM), the building’s most distinctive feature is its curved glass façade, making it one of the most unique New York City luxury properties in terms of architecture.

The building’s 93 state-of-the-art condos, with interiors by Daniel Romualdez, will begin on the 36th floor allowing for great panoramic views of the Manhattan Skyline, the East River and Central Park from the posh residences above. The private residents’ club on the 34th floor features double-height lounge and library, 70-foot terrace, large fitness center, 75-foot swimming pool, and much more. At the 56th Street entrance, there will be a private attended and gated port cochère with automated parking, which is quite unique for NYC.

252 East 57  Street is being built in a public/private partnership with New York City that requires that the developer build two Manhattan schools - The High School for Art and Design and PS 59 - both of which will be located on the lower floors. A similar partnership with the city was used at Azure, in the Upper East Side. Like 101 Warren and the Time Warner Building, this is one of the few New York City Luxury properties to have an on-site Whole Foods.

According to Streeteasy.com, pricing starts at $4.5 million for a 2 bedroom, with the building averaging a bit over $3,000 per square foot at launch (which was only two weeks ago).

252 East 57 is exclusively marketed by Stribling Marketing Associates.

 

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