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Pricing Information

  

Approx. Prices for Apartments at Carnegie Hill Tower, 40 East 94th Street

2 Bedrooms from $1,495,000 (updated 11/17/2009)
1 Bedroom from $998,000 to $1,100,000 (updated 10/28/2009)
 
  

Overview

   About Carnegie Hill Tower, 40 East 94th Street

With its unusual angled facades and high visibility, this tower is one of the landmarks of the Carnegie Hill neighborhood and its creation is a fine testament to the earnest efforts of community leaders to preserve the quality of their neighborhood.

The distinctive massing that emphasizes large bay windows looking south down Madison Avenue and its asymmetrical facades make its otherwise somewhat bland pale beige masonry facade quite palatable and its considerable height gives its residents spectacular views.

The 32-story building, which was designed by Edward V. Giannasa for developers Frederick DeMatteis and Charles Shaw and completed in 1983, is finely detailed and has a very handsome retail base.

The project, however, had a difficult birth, but a happy ending.

The building's location, in fact, has constantly improved with new and charming nearby restaurants and boutiques. Whereas the Upper East Side north of 86th Street was long considered rather déclassé, this particular area is now prime, especially for families as many prestigious private schools are also nearby.

H. R. Shapiro, a leading residential developer encountered serious opposition from residents on the site who hired their own architects, Terry G. Twitchell and Nancy Ai-Tseng Miao, to design an alternative plan to his. After considerable controversy, the developer agreed to a special zoning amendment for the site and the community design for which he received a "density" bonus for preserving an apartment house, known as the Alamo, at 55 East 93rd Street, and creating a mid-block mews. Philip Birnbaum and Gruzen and Partners were the developers' architects.

Shapiro subsequently encountered financial difficulties and was replaced by DeMatteis and Shaw.

The sensible preservation plan helped minimize the impact of a tall tower in the neighborhood while preserving an attractive older property and minimizing the impact of relocation for affected residents.

The tower is directly south of the "ruins" of the Squadron A Armory on Madison Avenue behind which there is a very large playground that is part of the Hunter College Campus Schools that originally was Intermediate School 29, designed by Morris Ketchum Jr. & Associates in a style to complement the fortress-like design of the former armory.

There are 223 condominium units in the building, and a sundeck.

The design of the landscaped mews, which has a waterfall and extends to 93rd Street, is very attractive and gives the low-rise Alamo building much higher visibility.

 
   

For More Information

For more information about buying an apartment in Carnegie Hill Tower, please call us at 212-755-5544, or contact us by email  »

Building Summary

Features Amenities

Building Features

>Condominium
>Built in 1983
>Located in Carnegie Hill
>223 Apartments
>32 Floors
>10% Down
>Full-time Doorman
>Post War
>Basement Storage
>Garden
>Roof Deck
>Elevator
>Many spectacular views
>Prime Carnegie Hill location
>Health club, pool and sundeck
>One of few modern buildings in neighborhood
>Some unusual layouts
>Close to prestigious schools
>Convenient to \"Museum Mile\"

Carnegie Hill Tower > 40 East 94th Street

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All information furnished regarding New York City property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.