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Demolition Underway for 34-Story Upper East Side Tower by Skyline Developers

Traded Media
by Traded MediaShare
New York
Residential

Key Points:

🏘 Skyline Developers moves forward with demolition at 1410-1418 Third Avenue.

🏘 The envisioned project includes a 34-story residential tower designed by Robert A.M. Stern Architects, LLP (RAMSA), with Hill West Architects serving as the architect of record. 

🏘 The development aims to enhance the housing landscape of Manhattan’s Upper East Side.

The real estate scene is buzzing with excitement as Skyline Developers has embarked on an ambitious project at 1410-1418 Third Avenue. This strategic demolition marks the onset of a transformative residential tower planned to rise 34 stories tall, stretching up to 508 feet at the prestigious junction of Third Avenue and East 80th Street in the affluent Upper East Side of Manhattan.

Project Overview

This significant undertaking will unfold in a neighborhood known for its demand, and the design architecture is entrusted to designer Robert A.M. Stern Architects, LLP (RAMSA) with Hill West Architects as the architect of record.The proposal envisions a sleek, high-rise structure, enriching the skyline of one of New York City’s most sought-after locales. The ambitious plan reflects a clear commitment to enhancing the community’s residential offerings, particularly in an area with limited supply.

Construction Progress

The current stage involves bustling activity on-site, where five adjoining low-rise structures were acquired by Skyline Developers for $16.6 million last year. As demolition efforts progress, observers note the presence of scaffolding, protective netting, and dedicated crews engaged in dismantling the existing buildings. Expectations are set for complete site clearance to happen by the end of this year.

Design Vision and Layout

While finalized renderings have yet to be unveiled, early sketches indicate a modern podium characterized by cascading setbacks and terraces, a tall and uninterrupted tower shaft, and elegantly designed bay windows across its façades. This contemporary masterpiece aims to make a striking impression as part of Manhattan’s landscape

Market Dynamics

The project’s exclusive nature is further demonstrated by the building plan, which accommodates only one to three residential units per floor. This strategic design decision signals a luxurious positioning, appealing to individuals or families desiring privacy and spectacular views from their stylish residences. Additionally, the inclusion of retail space along a bustling avenue intersection is anticipated to attract foot traffic, benefiting from proximity to local institutions and the nearby 6 train station.

Unique Development in a Premium Location

Given the strict zoning regulations and the scarcity of large-scale property assemblages in this corridor of the Upper East Side, this development marks a rare opportunity for vertical growth in the area. The introduction of this high-rise not only meets a pressing demand for upscale living spaces but also contributes to the evolving character of this cherished neighborhood.

Closing Thoughts

The emergence of this residential tower signifies a dynamic shift in the Upper East Side's real estate market. As Skyline Developers advances with their project, it sets the stage for a new chapter within one of New York City's most iconic zones, offering residents a blend of luxury living and unparalleled urban convenience.

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