Real Estate News: Two Future Towers + Opulent Mansion Sells

New York YIMBY reports that permits have been filed for a 21-story building at 242 East 71st Street, between Second and Third Avenue. The owner on file is Gatsby Enterprises, and the building will stand 214 feet tall and come with 134 apartments – “most likely rentals based on the average unit scope of 843 square feet,” New York YIMBY writes.

A seven-story townhouse at 12 East 63rd Street has sold for a whopping $56 million – Mansion Global reports – “one of the most expensive townhouse deals recorded in the city since the pandemic struck.” The townhouse was listed by Carrie Chiang of the Corcoran Group, and according to the listing description, the 13,000 square foot mansion includes a massage room, steam room, gym, and a 20 foot indoor swimming pool.

A 24-story building is going up on the southeast corner of 78th and First Avenue – the space which locals had hoped would transform into a community garden, Patch reports. It was reported earlier this month that the space, long-known for its population of rats, had sold for $73.5 million to California-based Carmel Partners. “The new building will include 94 apartments averaging out to nearly 1,900 square feet each — plus 7,100 square feet of commercial space on the ground floor and basement,” Patch writes, adding that the developer will also be “tearing down the existing low-rise buildings at 1487 First Ave. and around the corner at 356 East 78th St.”
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