Real Estate

Developers File Plans For 18-Story East Midtown Apartment Tower

The 185-foot-tall development will rise on East 55th Street between Park and Lexington avenues after four existing buildings are demolished.

Low-rise buildings will be demolished and replaced by an 18-story apartment tower on East 55th Street.
Low-rise buildings will be demolished and replaced by an 18-story apartment tower on East 55th Street. (Google Maps)

MIDTOWN MANHATTAN, NY — Developers have filed plans with the city Department of Buildings to demolish a series of low-rise building on an East Midtown block and replace them with an 18-story apartment tower, public records show.

Zeckendorf Development's new tower will rise 185-feet-tall on East 55th Street between Park and Lexington avenues and contain 62 apartments. With nearly 60,000 square feet of space zoned for residential use, the average unit will be about 964 square feet large.

Residential amenities planned for the new development include tenant storage rooms, a gym, laundry facilities, bike storage and a roof terrace, according to building plans.

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Zeckendorf owns the buildings from 113-119 E. 55th St. through an entity called 113-119 East 55 Owner LLC, according to public finance records. The LLC company bought the four buildings in 2016 for a combined $53 million, according to city records. Demolition permits were filed for 113, 115 and 117 E. 55th St. in April.

SLCE Architects has been tapped to design the new apartment building, according to development plans.

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