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A blog from CityRealty (Links below will take you to the 6sqft site)

Carter's View

Miraval Living, the 39-story apartment building at 515 East 72nd Street that is being converted to residential condominium apartments, is expected to be ready for occupancy this summer.

The building, which was formerly known as River Terrace and had been build by The Macklowe Organization in 1986 and designed by Schuman Lichtenstein Claman & Efron, was acquired last year by C & K Properties of which Meir Cohen and Ben Korman are principals, and Zamir Equities for more than $360 million. Miraval Life in Balance, a resort in Tucson, Arizona, is designing the building's spa-quality amenities and environment.

Originally, the building, which is distinguished by large clocks high on its north and south facades, had more than 400 apartments but it is being reconfigured to contain 365 apartments.

The building has a half-acre private garden, as shown at the right, a 9,160-square-foot heath club with a steam room, sauna, changing rooms, an indoor basketball half court, a 20-foot-high climbing wall, six private rooms for spa treatments and a creative arts studio. The building will also have a 50-foot-long heated indoor swimming pool with "a saline filtration system to eliminate chlorine from the swimming experience," according to a press release for the building.

It will also have a "social relaxation lounge on the third floor with a demo kitchen for Miraval chef demonstrations and cooking lessons, a garden cafe, and a wide variety of classes.

Bonetti Kozerski has designed a new bronze entrance canopy for the building and the lobby is being renovated and expanded with Nigerian rosewood walls, stone water features, and an ebony macassar wood concierge desk.

Apartments will have new walnut hardwood flooring and balconies with new stainless steel handrails and Ipe wood flooring. Kitchens will have white Corian countertops, Basaltina lava stone tiled backsplashes, walnut cabinets, Miele four-burner gas cooktopops, Liebherr stainless steel refrigerators, Thermador stainless steel convection ovens and Miele dishwashers.

Bathrooms will have Piombo limestone tile flooring and Crema d'Orscia limestone tile walls, and Zuma soaking tubs.

The building has apartments ranging in size from 529-square-foot studios to 2,219-square-foot, three-bedroom units.

Prices are expected to start at $602,000.

The building has a 220-car garage.

David C. Acheson of Acheson Doyle Partners Architects, which has designed a new rooftop dining facility for the Metropolitan Club on Fifth Avenue at 60th Street and has overseen the renovation of The Ritz Tower on the northeast corner of 57th Street and Park Avenue, is the architect for the conversion.
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Additional Info About the Building

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.
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