Beloved dive bar Subway Inn has been operating on 60th Street between Third and Lex for 77 years. Its landlord, developer World Wide Group, did not renew the bar's leaseprompting outrage from all cornersand while Subway Inn has found a new home two blocks away near Second Avenue, what would replace it has remained a mystery. Till now. Buried in a Times story about the zillions of new condos coming to Midtown East, which brokers are trying to parlay as an extension of the Upper East Side, comes news that World Wide is planning "a tall tower" for the site across from Bloomingdales. The company's director of development also said the building, to be constructed atop an assemblage of sites on 60th that includes Subway Inn's, would be similar to another one of its projects nearby: the giant undulating tower rising on 57th Street and Second Avenue. To get a sense of scale, that building is 65 stories and houses 93 condos with another 173 or so rentals on its lower floors.
The Times piece runs down a long roster of other new developments rising in the area, in addition to the Subway Inn-eating tower and 252 East 57th Street. They include:
Zeckendorf Development's 520 Park Avenue, the Robert A.M Stern-designed eventual home of New York City's most expensive apartment listing... once its penthouse hits the market for $130 million.
Harry Macklowe is erecting a residential-retail development on an assemblage he bought on Third Avenue between 58th and 59th streets.
The convent affiliated with Our Lady of Perpetual Help Catholic Church on 62nd Street between First and Second avenues has lost its religion and is well on its way into becoming 22 Peter Poon-designed condos. Pricing ranges from $710,000 to $2.2 million.
And the corner of Third Avenue and 63rd Street better brace for a 30-story tower with 67 apartments as well as offices and retail space on the lower floors.
Last but not least, 19 more stories worth of apartments are headed to 301 East 61st Street.
Midtown East: the area that is getting a bunch of new condos in the hopes that it might become a real neighborhood one day.
· Reshaping Midtown East [NYT]
· All Subway Inn coverage [Curbed]