NoMad, don't count on those tiny penthouses. HFZ Capital is chugging along with the condo conversion of two rental buildings at 88 and 90 Lexington Avenue, and the marketing team sent over the first look inside the revamped buildings, which will no longer feature the most oxymoronic type of apartments, studio penthouses. The animated teaser site and press materials say there will be one- to four-bedroom apartments, as well as a collection of townhouse and penthouse units. The project, located between 26th and 27th streets, consists of a 13-story building and a 19-story building that are being billed as a "happy pairing" of "pre-war loft living" and "the modern archetype."
The renovation was designed by Workshop/apd, and apartments in both buildings have the same look. Per the press release, the apartments offer "an uncluttered blank canvas, ready for residents' personal touches." Ceiling heights range from 10 to 16 feet, and homes feature "gentle colors" and "streamlined surfaces." The biggest difference between the two is the windows. At the pre-war no. 88 new casement windows were installed, while no. 90, built in the 1950s, received new floor-to-ceiling windows.
The buildings will share a lobby and 8,000-square-foot amenity space. It's unclear how many condos will be created in the conversion, but no. 88 previously held 177 rentals. It was previously thought that this development would have "more approachable prices," but since HFZ ditched the studios, perhaps they will just be regularly expensive. Sales start next week.