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Lofty East Siders Take Note
By Carter Horsley   |   From Archives Tuesday, March 29, 2005
Intell Management's Gary Barnett has another big real estate deal in the offing. After making headlines for his multi-million dollar purchase of the historic Stanhope Hotel, which he plans to convert into luxury coop apartments, Mr. Barnett recently purchased a 17-story Art Deco office building located at 305 East 46th Street, which he plans to transform into residential condominium lofts. Located a few blocks from Grand Central and the Museum of Modern Art, the building remains occupied by commercial tenants. By mid-year 2006, however, the gold and rusticated brick tower will boast a full-time attended lobby, top-of-the-line appointments, wonderful original details and staggering skyline and river views.

Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.