New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Ceruzzi, Kuafu Top Out UES Condo Tower
Ceruzzi Properties has topped out at 147-151 E. 86th St., its $415-million, 230,000-square- foot mixed-use development in partnership with Kuafu Properties. The 20-story condominium apartment building, which is being constructed by Gilbane, is situated at the epicenter of the Upper East Side.
“Lexington and 86th is the heart of the UES, and we are excited to bring to the neighborhood a building worthy of the location featuring a unique collection of condominium units plus retail,” said Ceruzzi president Art Hooper. “We look forward to joining our neighbors in this special community.”
With the concrete superstructure now complete, work has turned to installing the property’s stone and glass façade. Its 61 units, which average 2,300 square feet, will feature high-end finishes including Italian calacatta marble in the kitchens, master bedrooms and powder rooms.
Completion of 147-151 E. 86th is anticipated in 2019, with sales set to launch next spring.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
