Over the past year, a 21-story “affordable luxury” condo has been taking shape on East 96th Street between First and Second Avenues. With sales expected to get underway this spring, the developer, Wonder Works (partnering with Fimida Enterprises and Mink Development) has now dubbed the condo, Vitre (a French word for window), and unveiled a teaser site for the project.
The Karl Fischer-designed building will come with 48 apartments that come in one-to-three bedroom variations. Though pricing hasn’t been unveiled yet, the units are expected to range between $900,000 and $4.2 million (and that’s “affordable luxury” for NYC).
The project got underway in 2015 after the developer purchased a three-story garage at 302 East 96th Street for $24 million, and subsequently filed plans to build the condo. Karl Fischer was announced as the architect shortly thereafter, and the first renderings for the project were unveiled in the fall of 2015.
In October last year, the Attorney General’s office accepted the developer’s condo offering plan, and Wonder Works and its partners are hoping to make just under $88 million from the sale of these apartments—it will still be a little while before construction wraps up.
- New 'Affordable Luxury' Condos Coming to the Upper East Side [Curbed]
- Karl Fischer Unleashes Three More Buildings on New York City [Curbed]