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Macklowe's modest 59th Street condo launches sales from $2.1M

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There’ll be 67 apartments spread out over 35 stories

All renderings by Studio AMD for Macklowe Properties

Name/Address: The Residences at 200 East 59/200 East 59th Street

Developer: Macklowe Properties

Architect: CetraRuddy Architecture

Size: 35 floors, 67 apartments

Prices: from $2.1 million

Sales and Marketing: Macklowe Sales LLC

Three years after Macklowe acquired the site at 200 East 59th Street, the condos that are in the process of rising there—now given the moniker The Residences at 200 East 59—have are now officially up for grabs. Sales recently launched for building’s 67 units, with apartments beginning at $2.1 million.

The building is just a few blocks from Macklowe’s crown jewel, 432 Park Avenue, but it’s positively fun-sized in comparison; it’ll rise 490 feet over 35 stories (some of which will, naturally, be double-height). But like 432 Park, 200 East 59th comes with a host of überfancy features: the units have floor-to-ceiling windows, column-free interiors, and each apartment has its own expansive wraparound terrace. (One penthouse, of course, has a roof deck in addition to the terrace, because why not?)

Everything else about the units is predictably high-end, with marble-clad bathrooms and kitchens, white oak floors, central heating and A/C, and the like. Amenities are also as lavish as you’d expect, if also utterly predictable: there’s a fitness center, private dining room, 24-hour doorman and on-site concierge, parking, and so on.

It may seem silly to say these apartments seem like a bargain, though compared to 432 Park, that’s kind of true: The largest and priciest thus far is a two-bedroom, two-and-a-half bathroom unit asking $5.975 million; similar apartments, albeit many feet higher in the air, went for a heck of a lot more at Rafael Viñoly’s sueprtall. No word yet, though, on how much 200 East 59th’s three full-floor penthouses will go for, but we doubt they’ll best 432 Park’s $87.7 million pad.

Construction is already underway, and move-ins are expected early next year.