Name/Address: 389 East 89th Street
Developer: Magnum Real Estate Group
Architect: Paris Forino
Size: 31 stories, 156 apartments
Prices: from $880,000
Sales and Marketing: Corcoran Sunshine
Just days after Citizen360, a SHoP-designed condo on East 89th Street, launched sales, another development on the same block is also arriving on the market. This time, it's controversial developer Ben Shaoul's 389 East 89th Street, formerly known as Post Toscana; the rental-to-condo conversion is getting closer to completion, and 14 of its 156 condos are for sale as of today. The units range from a 629-square-foot one-bedroom, asking $880,000, to a 1,582-square-foot three bedroom that wants $3.03 million. And in the current landscape of new development, those price points are considered "attainable luxury," according to a recent Bloomberg Businessweek piece on the development. (Not that $3 million is attainable for most New Yorkers, but still.) Building amenities include a roof terrace, a fitness room, and a 24/7 concierge.
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