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The 21-story, residential condominium apartment building planned for 340 East 23rd Street by Victor Homes has been named Gramercy and will have 207 apartments.

The mid-block building has been designed by Gerner Kronick + Valcarel, which designed the Post Luminaria apartment building for the Clarett Group at 385 First Avenue on the southwest corner of 23rd Street and First Avenue.

Victor Homes's other projects in the city include the attractive, 7-story, Lumiere at 350 West 53rd Street that was also designed by Gerner Kronick + Valcarcel, Architects, PC., which also designed the Opus apartment building at 2770 Broadway.

A sales office is expected to open this month and the building is anticipated to be completed in the summer of 2008.

According to an article by Vanessa Londono in this month's issue of The Real Deal, Philippe Starck is designing the building's interior and buyers can choose from three "finishing" packages for their apartments: classic, culture or nature. "Classic includes fumed oak floors, limestone countertops and grey accents. The culture package includes purple accents, Romany Blue stone counters and fumed oak flooring. The nature package includes green accent walls, white oak flooring and white Thassos stone countertops," she wrote.

The building's facade features many balconies with rounded sides as well as some inset balconies. The 207-unit building will have a gym, a screening room, a library and rooftop cabanas.

The building is scheduled for completion in the fall of 2008.
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.