There hasn't been much news about the condo building at 389 East 89th Street, otherwise known as Post Toscana, since controversial developer Ben Shaoul snapped up the property (along with its sibling site in Gramercy, Post Luminaire) in 2014. But now, as the rental-to-condo conversion nears completion, new details have been revealed, including what the lobby will look like. The 31-story building, now known as 389 E. 89, will have 156 one- to three-bedroom units, starting at $900,000, with occupancy slated for spring of 2016. "We want to do this [conversion] at a price point so that people can stay in their apartments," Shaoul had said. (And in this real estate market, $900K is considered affordable. Oh, New York.)
The interior, including the lobby seen above, is being reimagined by Paris Forino's Paris Forino Design, which did the lobby and wine bar at the GEM Hotel Chelsea. Amenities will include a 24-hour concierge and doorman, fitness center, lounge with private outdoor event space, children's playroom, a landscaped rooftop terrace, and private storage and bicycle storage.
Sales will launch with an on-site office this winter, but a teaser site is already up and running—although there's not much there beyond some context-less images of the Upper East Side. (Can't be much more of a tease than that, right?)
· Mapping the NYC Rentals Reborn as Money-Hungry Condos [Curbed]
· 389 E. 89 [Official]
· All 389 East 89th Street coverage [Curbed]
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