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

Features

While soaring skyscrapers and architecturally creative buildings have captured considerable attention, it is worth noting that new developments inspired by prewar architecture - including, but not limited to, 220 Central Park South on Billionaires’ Row, 15 Central Park West, and The Benson and The Bellemont in Carnegie Hill - have regularly ranked among New York’s best-selling developments and highest-priced sales.
Further downtown, The Edison Gramercy’s design by Issac & Stern brings a traditional design to 359 Second Avenue with a limestone facade, French windows and doors, a mansard roof line, Juliet balconies, and oversized gridded windows. If early numbers are anything to go on, it is putting on as strong a performance as other classically inspired buildings — in less than a month since sales launched, the building has reached 50% in sales.
In a 2017 interview with Crain's New York Business about the project, Silverback Development founder Josh Schuster said that three-quarters of the units would be priced at less than $2.5 million in an attempt to cater to price-sensitive buyers. Remaining availabilities start at $1.2 million for one-bedrooms and $3.75 million for three-bedrooms. Among them is a three-bedroom, 1,894-square-foot penthouse with 355 square feet of private outdoor space; this is listed for $5.75 million. Closings are estimated for the third quarter of 2022.
359-Second-Avenue-02 Facade details
359-Second-Avenue-1 Rendering looking south at The Edison Gramercy via Issac & Stern;
According to Crain's, Silverback bought three parcels – one at 351 Second Avenue, one at 353-357 Second Avenue, and one at 359 Second Avenue – for a total of $32.7 million in 2013 and 2015. The team also acquired 8,200 square feet of air rights for an undisclosed price between $2.5 million and $3.3 million. The building rose on the former site of a two-story NYU Langone building.
The Edison Gramercy is across the street from Peter’s Field and up the block from Stuyvesant Square Park. Some of the city’s best restaurants - Union Square Café, Gramercy Tavern, and ABC Kitchen among them - are a short walk away.

It is also located in the midst of a local building boomlet. Up the street, listings at Celeste Gramercy are quickly entering contract; remaining availabilities start at $2.575 million for two-bedrooms and $2.975 million for three-bedrooms. In the opposite direction, a small handful of availabilities at 121 East 22nd Street starts at $3.055 million.
 
 
 
 
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↓ "We’ve recently been seeing a trend of people gravitating toward boutique buildings and we wanted to create a project that captures the essence of elegant Parisian style in a romantic location" — Fredrik Eklund, Douglas Elliman

359-Second-Avenue The Edison Gramercy (Douglas Elliman)

↓ Thoughtfully designed kitchens feature custom millwork, Tundra marble countertops and backsplash, bespoke Waterworks nickel fittings, stainless steel undermount sink with InSinkErator disposal, and fully integrated Miele appliances.

359-Second-Avenue

↓ Four-fixture primary baths come outfitted with Crystallo Pearl marble, an elegant metal and millwork vanity with saddle leather pulls, bespoke Waterworks fixtures in polished nickel, custom medicine cabinets with saddle leather trim, and custom sconces.

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↓ Residents are greeted by a 24-hour attended lobby.

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↓ A fitness center with LifeFitness equipment opens up to a landscaped Yoga Garden.

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↓ The Residents' Salon is beautifully appointed with a marble-mantled fireplace, large-screen media center, and dining table.

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↓ Two landscaped rooftop parks look out on iconic Manhattan views.

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↓ One-bedrooms start at $1.2 million.

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↓ Three-bedrooms start at $3.75 million.

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↓ A penthouse's Great Room and a secondary bedroom open up to a massive, east-facing private terrace. This penthouse is listed for $5.75 million.

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