Real Estate
Developers File Plans For 19-Story UES Condo
The apartment building will replace five existing low-rise buildings on East 79th Street between Park and Lexington avenues.
UPPER EAST SIDE, NY — A developer has filed plans to demolish five low-rise buildings on a tony Upper East Side block and build a 19-story condo building at the site, according to public records and reports.
Legion Investment Group will build its new development on the site of 109 E. 79th St., located between Park and Lexington avenues, according to plans filed with the city Department of Buildings. The new apartment tower will rise 209-feet-tall and contain 113,453 square feet of space zoned for residential use. The total size of the development will be 145,027 square feet.
With just 36 planned apartments, the average unit in the new building will be about 3,151 square fet large. The size of the apartments indicates the building will cater to high-income residents. The apartments in the building will be condos, the Real Deal first reported.
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Legion spent more than $62 million to acquire 113, 115 and 117 E. 79th St. in 2018, the Real Deal reported. The firm has not completed deals for 109 or 111, but has filed plans with the city Department of Buildings to demolish all five buildings in order to clear the site for its new development, according to the report.
SLCE Architects has been tapped by Legion to design the new development, according to building plans. The apartment tower will feature amenities such as a sports court, a dog room, a library, residential lounge space and a laundry room.
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