NEW YORK | 38 Gramercy Park East | FT | 20 FLOORS

[Doubleu1117]

https://www.multihousingnews.com/acquisition-clears-way-for-gramercy-park-building/

Apparently these preliminary renderings were floating around. If the final product is close to this, think it's an amazing development and completely respectful of the Gramercy Park area.

Manhattan Deal Clears Way for Condo Tower
Legion’s acquisition in this deal includes the five-story 37 Gramercy Park East and a co-op at 38 Gramercy Park North. They are the final pieces of the puzzle that will allow the company to develop a 20-story building with a Gramercy Park address, which will give residents of that building access to the two-acre Gramercy Park.

The development is a long-term project for Legion, which has been putting the assemblage together for a number of years. Previous acquisitions include four properties, 252-258 Third Avenue, for $72 million, in 2024. Legion also purchased air rights from a neighboring co-op in a transaction that was slowed when an apartment owner took the building’s board to court before later accepting a buy-out.

Assemblage looks to be something like this: