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Development Update-o-Rama

Major rental landlord Glenwood Management is turning to condos with 60 East 86th Street, which will be a 19-story building designed by Thomas Juul-Hansen. (He's popular in the condo world these days.) The building has a new, very minimalist teaser website, which reveals some specifics regarding apartment pricing. Options will include 3BRs from $6.85 million to $7.65 million, 4BRs from $8.25 million to $9.95 million, townhouses from $12 million to $13 million, and penthouses from $13.5 million to more than $20 million. [60east86th.com; previously]