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COOKFOX-Designed East 50th St. Condos Will Start At $1.5M

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More than a year has past since we were treated to the first rendering of the COOKFOX-designed condo tower planned for Midtown East, and now developer CBSK Ironstate is preparing to launch sales this spring. A teaser site is up, and the marketing team sends word that pricing for the 57 units will begin at $1.5 million. The LEED-seeking building at 301 East 50th Street will rise 29 stories, and feature a limestone facade and French modernist-inspired interiors, all designed by COOKFOX. Units will range from one- to four-bedrooms, with two penthouses, and amenities include a "wellness center" with a gym, cedar sauna, steam room, tea lounge, treatment room, and changing rooms, plus a landscaped terrace.

The site, located at the corner of Second Avenue, is across the street from the lot where a 2008 crane collapsed killed eight people. The original building was damaged in the accident, it was put up for sale in 2010, and then demolished not long after. Fishman Holdings bought the site in 2011 for $12 million, and they filed plans for a COOKFOX (when they were still Cook + Fox) building in September 2012. But clearly something changed the developer's mind, and they sold the site, along with three others, last August to CBSK Ironstate. According to public records, CBSK paid nearly $69 million for the properties.

Work is well underway at the site, so construction photos, if you have them, are more than welcome on the tipline. UPDATE: A tipster who lives nearby says the site is still "just nothing more than dirt with some bull dozers on it." CBSK is also developing Reade Chambers in Tribeca and 10 Bond Street in Noho, while COOKFOX has designed 150 Charles Street, One Bryant Park, and Soho's gas-station replacing office building. Douglas Elliman Development Marketing will be handling sales.
· 301 East 50th Street [official]
· 301 East 50th Street archives [Curbed]

301 East 50th Street

301 East 50th Street, New York, NY