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Sketches of 242 East 71st Street and 260 East 72nd Street -- two new Upper East Side condominiums that are under construction  (Avdoo | Chetrit Group) Sketches of 242 East 71st Street and 260 East 72nd Street -- two new Upper East Side condominiums that are under construction (Avdoo | Chetrit Group)
Owing to its family-friendly atmosphere and close proximity to Central Park, Museum Mile, high-end retail, top schools, and world-renowned hospitals, the Upper East Side is a popular destination for buyers and renters alike. The boundaries of the Upper East Side Historic District constrains new construction between Park and Fifth Avenues, and new construction buildings located outside the historic district are going fast. Two penthouses at 200 East 75th Street were among the past week's highest-priced contracts; with these, only two availabilities remain in the building. Other nearly sold out new developments include The 74, 255 East 77th Street, and The Treadwell.
Potential Upper East Side residents should not despair, but rather look to the stretch of Second Avenue surrounding the 72nd Street stop on the Q train, where three new projects are on the rise. Details are mostly limited about interiors and amenities as of yet, but renderings of the forthcoming high-rises promise abundant natural light and sweeping views. Future residents can also be assured of close proximity to Central Park, John Jay Park, and popular local restaurants.

In this article:

301 East 71st Street
301 East 71st Street Lenox Hill
260 East 72nd Street
260 East 72nd Street Lenox Hill
242 East 71st Street
242 East 71st Street Lenox Hill

260 East 72nd Street
Developers: Chetrit Group, Rabsky Group
Designer C3D Architecture
18 stories | 60 condo units
Completion estimated for 2027

260 East 72nd Street, Lenox Hill condominium Rendering of 260 East 72nd Street (Chetrit Group)
Work on 260 East 72nd Street has been a long time coming. Developer Chetrit Group bought the site, which included the Romanesque-style Church of St. John the Martyr, from SL Green in 2015. The church was deconsecrated in 2017 and demolished in early 2020, but the pandemic put further work on hold. Developer Rabsky Group joined the project in November 2024, and a recent site visit saw the new building rising above street level.
According to a recently filed offering plan, the project will include 60 residential units, 28 storage units, and 15 on-site parking spaces. Details are not available about interiors or amenities yet, but a rendering shows setbacks on upper levels that naturally create terraces.
260 East 72nd Street, Lenox Hill condo 260 East 72nd Street, March 2026 (CityRealty)
260 East 72nd Street 02
260 East 72nd Street, Upper East Side

242 East 71st Street
Developer: Avdoo
Designer JFA Architect & Engineers
22 stories | 50 condo units
Completion estimated for 2028

242 East 71st Street, Lenox Hill condo Rendering of 242 East 71st Street (Avdoo)
One block from 260 East 72nd Street (see above), work is underway on a new tower at 242 East 71st Street. Demolition work is complete as of October 2025, and a recent site visit saw construction taking place.
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A sketch of the building shows a high-rise with oversized windows, Juliet balconies, several setbacks, and a distinctive crown. Apartments are to start on top of retail space and a parking garage, but details are not available about the amenities yet.
242 East 71st Street, Lenox Hill 242 East 71st Street, March 2026 (CityRealty)

301 East 71st Street
Developer: Torkian Group
Designer: SLCE Architecture
29 stories | 70 rental units
Completion estimated for 2029

301 East 71st Street, Upper East Side 301 East 71st Street (CityRealty)
Several blocks south of The Delecor in Yorkville, developer Torkian Group and designer SLCE Architects have teamed up on another Upper East Side project. Permits have been filed for a new 29-story tower at 301 East 71st Street, and a site visit shows that the low-rise buildings that previously stood on the site have been demolished. This comes about a year and a half after Torkian Group bought the site for $25 million in September 2024.
The 70 planned units will comprise 52 market-rate units and 18 affordable units. Amenities will include a basement-level screening room and golf simulator, a 23rd-story lounge, library, game room, children's playroom, and terrace, a 24th-story fitness center and pool, a package room, a pet wash station, bike storage, and private storage.

Upper East Side Listings


255 East 77th Street, #3D (Compass)

The 74, #2A (Douglas Elliman Real Estate)

The Treadwell, #PH (Brown Harris Stevens Development Marketing LLC)

The Charles, #PH2 (Compass)

200 East 75th Street, #PH1 (Compass)

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Would you like to tour any of these properties?