Posted Jan 23, 2013, 10:20 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 52,753
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http://www.rew-online.com/2013/01/23...-developments/
Toll Brothers psyched about new Manhattan developments
By REW Staff
January 23, 2013
Quote:
Toll Brothers said this week the company is “very excited” about plans for its two newest Manhattan buildings.
The company purchased two new development sites in Manhattan. The first is located at 953-961
First Avenue, between 52nd and 53rd Streets, in the Midtown East area, and the second is located at 82 King Street, between Hudson and Varick Streets, in SoHo.
Toll Brothers plans to building luxury condominium residences and retail space at both sites.
Douglas C. Yearley, Jr., chief executive officer, said: “We are very excited to have purchased such prominent sites. This will mark our 7th and 8th Manhattan buildings and our 22nd and 23rd in the metro New York City urban area.
There are three new Toll Brothers City Living projects slated to open for sale in Manhattan this year and one new project in Brooklyn, including a 21-story, 81-unit LEED certified building in Gramercy on the corner of 3rd Avenue and 22nd Street called 160 East 22nd; a 40-story, 99-unit glass tower, designed by Pritzker Prize-winning architect Christian de Portzamparc, on the corner of Park Avenue South and 28th Street called 400 Park Avenue South; an 11-unit boutique building, with family-sized floorplans ranging from 2,200 to 7,000 s/f, in Carnegie Hill; and an eco-friendly hotel and condominium community being developed in partnership with Starwood Capital Group, called Pierhouse, adjacent to Pier 1 in Brooklyn Bridge Park.
The new First Avenue site, which already has a poured foundation, is 175,000 s/f and comes with approved plans for a residential tower.
Further downtown, on the west side, the King Street site lends itself to “an exciting lifestyle, offering easy access to the world-renowned boutiques, cafes, and restaurantsˮ that surround it.
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