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UN-Neighboring Stalled Site May Get 87-Unit Luxury Condo

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The vacant development site across from the United Nations has been stalled almost since Zeckendorf Development purchased it for $160 million in 2007. It briefly looked like it might become an SLCE-designed, 40-story residential tower. But no: DNAinfo caught wind of a new plan for the site at a Community Board 6 land use committee meeting (where the developer sought a permit for added parking) this week. That plan calls for a 44-story residential tower designed by Foster & Partners, with a high-end restaurant on the ground floor. The tower could hold up to 300 units, but the developer wants just 87 condos averaging 2,500 square feet each. The target audience: diplomats, many of whom need the space for entertaining. Construction could start next year, with a possible completion date of 2014. Pricing predictions, anyone?
· Big Plans for Stalled Construction Site Near UN [DNAinfo]
· Possible Sneak Preview of Secretive 10 United Nations Plaza [Curbed]

50 United Nations Plaza

50 United Nations Plaza, Manhattan, NY 10017