Macklowe Properties Launches 35-Story Condo Development
Macklowe kicks off construction of the 490-foot-high residential condominium tower in Manhattan.
By Samantha Goldberg, Associate Editor
New York—Developer Macklowe Properties continues its modern streak with the kickoff of construction on 200 East 59th Street in Midtown Manhattan. The company acquired the site back in 2014 from SL Green for $100 million.
Along with its partners, Macklowe is creating the 35-story residential condominium development in close proximity to its other projects: the eye-catching Fifth Avenue Apple Store Cube and 432 Park Avenue, the 1,396-foot condominium tower that is now the tallest residential tower in the Western hemisphere.
The space will be split up into 14,861 square feet of commercial retail at the base, including a basement level, and 99,848 square feet of residential space at the top that will be divided into 67 condominiums. Each residential unit will have an average of approximately 1,500 square feet.
The modern feel of the tower starts with the exterior. The base of the 490-foot-tall building features a basket weave of metals that reflect the light during the day and suffuse a glow at night.
The development’s units will also uniquely capture the light with their floor-to-ceiling glass and column-free walls, as well as white oak plank flooring and precious white stone. Each home will include a continuous terrace off the main living areas with views of the Midtown skyline.
The architect on the project is CetraRuddy Architecture.
Renderings courtesy of Studio AMD for Macklowe Properties.