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Alexico Management has begun excavation work on the southeast corner of First Avenue and 67th Street for a luxury condominium apartment tower of about 30 stories designed by Costas Kondylis.

The project has the addresses of 402 East 67th Street and 1238 First Avenue.

Izak Senbahar and Simon Elias are the principals of Alexico. Mr. Senbahar's other projects have included 165 Charles Street, which was designed by Richard Meier, and the Grand Beekman at 400 East 51st Street, which was designed by Mr. Kondylis.

The large site is just to the north of the handsome St. John Nepomucine Roman Catholic Church on the avenue and it is also across the avenue from the large St. Catherine's Park that occupies about half of the block between 66th and 67th Streets and First and Second Avenues. St. John Nepomucine Church was erected in 1925 and designed by John Van Pelt in what Elliot Willensky and Norval White described in their fine book, "The A.I.A. Guide to New York City, Fourth Edition" (Three Rivers Press, 2000), as "A wonderfully romantic paen to the Romanesque style for a Slavic?congregration."

A recent rendering of the tower, shown at the right, indicated a 7-story base with a setback tower clad with blue-gray glass, but a spokesman for Alexico told CityRealty.com today that plans were still being studied and were preliminary and that he could not comment on how many apartments it might contain.

It is on the former site of the Bethany Memorial Church (Reformed in America) that was built in 1910 and designed by Nelson & Van Wagenen.
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.