Ceruzzi Holdings has topped out of 147-151 East 86th Street, the $415 million, 230,00 s/f mixed-use property, developed in partnership with Kuafu Properties.
The 20-story condominium apartment building, which is being constructed by Gilbane on the Upper East Side, will include retail at street level, a collection of 61 condos.
And amenity package will include a lounge, fitness center, playroom, study, arts and culture features, wine and private storage and a landscaped roof deck.
Completion is anticipated in 2019 with sales set to launch in Spring 2019.
“Lexington and 86th is the heart of the UES and we are excited to bring to the neighborhood a building worthy of the location featuring a unique collection of condominium units plus retail,” said Ceruzzi president Art Hooper.
“We look forward to joining our neighbors in this special community.”
“We are very excited to celebrate this construction milestone with Ceruzzi,” said Gilbane Senior Vice president Bill Gilbane. “It has been wonderful to see this project become a reality and are delighted to be delivering the project on-time and within budget. Thank you to everyone involved; we have much to be proud of here.”
Now that the concrete superstructure has officially topped out, the ongoing installation of the stone and glass facade has commenced. Concurrent MEP components are being completed before the interior finishes begin.
HOK Architects designed the building with interiors by SheltonMindel Associates. Located above a subway station, the project scope included construction of new access stairs, sidewalk elevator and paths to ensure no disruption to community transport during the project.