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


Google Earth aerial showing the massing of 200 East 83rd Street Google Earth aerial showing the massing of 200 East 83rd Street
The Naftali Group in partnership with Rockefeller Group have cleared a huddle of Upper East Side walk-ups to make way for a soaring and stately condominium tower designed by the one and only Robert A.M. Stern Architects. Anticipated to stand 35 floors and 489 feet high (from street level to pinnacle), the high-rise will become the seventh-tallest in the neighborhood behind 520 Park Avenue, Trump Palace, The Belaire, Bristol Plaza, One East River Place, and the newly-finished 180 East 88th Street. Within this rarefied air, the building will become the preeminent high-rise in the area, offering many of its 86 residences astounding views of the skyline, Central Park, and the East River. As of February 2021, the concrete superstructure is more than halfway up (nearly 25 floors framed) and its cranes are visible from various viewpoints in the neighborhood. The tower also received its first limestone panels that are accentuated with faintly Classical motifs.
Simply addressed as 200 East 83rd Street, the development rises from the corner of Third Avenue, a short walk to the Metropolitan Museum of Art, Central Park, and the Lexington Avenue line's 86th Street subway station. In July 2019, the developers secured $176 million in financing to begin work on the 250,000-square-foot project. According to The Real Deal, the team acquired much of the assemblage from Muss Development and the Aryeh family for $167 million in March 2019.
No details have been officially released to the public regarding the project, but given its location, stature, and designer, the venture promises to be very high-end. The 86 residences will average more than 2,000 square feet each based on calculations from building permit applications. An approved zoning diagram shows the tower will feature a classical and symmetrical massing with several setbacks and a finely articulated crown. A leaked rendering shows the tower will feature a warm limestone facade, many arched openings, and a handful of elegantly-integrated balconies and terraces.
200-East-83rd Street Prelimnary rendering via New York YIMBY
200-East-83rd-Street-005 Axonometric drawing (via NYC DOB)
200-East-83rd-Street-05 Section drawings of 200 East 83rd Street (via NYC DOB)
200-East-83rd Street Site plan
200-East-83rd-Street-005 Google Earth image with proposed project superimposed (CityRealty)
Looking southeast
As with many Robert A.M. Stern-designed buildings, the opulence and craftsmanship of the facade will be through to the interiors. According to the floor schedule, there will be no more than three residences per floor above the seventh level. Floors 32 and 33 will be full-floor simplexes while the penthouse will be a duplex spanning 34th and 35th levels. Most mid and high-floor units will have panoramic views of the skyline. In-house bells and whistles are to include a 26-vehicle automated parking garage, resident storage, and a library. The 17th floor will be exclusively devoted to resident pampering. It is to include a swimming pool, lounge, steam room, sauna, and common outdoor loggia.
200-East-83rd-Street-95 Capture of High-Rise Condo index tracking closing prices in Manhattan condo buildings over 50 floors
200 East 83rd Street faces competition from an ever-growing list of top-of-the-market condos, several of which were also designed by Robert A.M. Stern Architects. While this project falls just short of the 500-foot/50-floor cutoff that typically defines the minimum height of a skyscraper, our custom High-Rise Condo Index, which tracks the average sales prices of Manhattan condos of more than 500 feet tall, shows that closings prices in the city's tallest buildings have begun to come down. Sales in the record-breaking 220 Central Park South drove the index's cumulative closing average to a record high of $3,339 per square foot in 2019. Now with the building nearly sold out, coupled with a soft, pandemic-afflicted market, the overall closing average has come down by 30% leading into 2021. However, a high number of contract-signings in not-so-tall forthcoming condos in the area, such as The Benson, 1228 Madison, and 150 East 78th Street hint at brighter days for the island's super-luxury market.
Miki Naftali Miki Naftali at 2019 JNF-USA Real Estate Division Event: (L-R) Russell F. Robinson, Ziel Feldman, Jeffrey E. Levine, Danielle Naftali, Miki Naftali, Ryan Serhant (Courtesy JNF-USA)
Naftali Group, led and founded by Miki Naftali, has completed a number of well-regarded condominiums in the city that include The Shephard in the West Village, The Seymour in Chelsea, and a pair of opposing condos at 210 and 221 West 77th Street on the Upper West Side. All of Naftali's project's to date have employed a traditional aesthetic and have sold near the upper echelons of prices within their respective neighborhoods. Naftali's project partner, the Rockefeller Group, is busy completing their first Manhattan residential building named Rose Hill. The 123-unit NoMad condo designed by CetraRuddy will open for occupancy in 2021 and has homes available from $1.4 million.

Close to 200 East 83rd Street, Naftali has topped out The Benson, a smaller high-end development at 1045 Madison Avenue, also designed by Robert A.M. Stern Architects. Also closeby is the nearly-finished Beckford House and Tower, a pair of prewar-inspired condo towers selling grandly-proportioned units from $2.4 million.
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