316-318 E 81st St, New York, NY
Two contiguous buildings in the prestigious Upper East Side Neighborhood of Manhattan in New York, NY. This neighborhood is one of the oldest and most exclusive in the country, with a pedigree dating back centuries and some of the highest per square foot home prices in the world. The current business plan entails demolishing the two existing townhouses and building a single, six-unit condominium building.
ARTICLE FROM YIMBY: The head of the Midtown-based law firm King & Spalding has filed applications for a six-story, six-unit residential building at 316 East 81st Street, on the Upper East Side, in Yorkville. The building will measure 11,660 square feet in total, and units will likely be condominiums, averaging 1,943 square feet apiece. Issac & Stern is designing, and an old three-story townhouse must first be demolished; the building was purchased in 2012 for $3.2 million.