The Upper East Side‘s 79th Street, stretching between Madison and Fifth Avenues, remains known for its architecturally beautiful 19th and early 20th century homes. Now, as City Realty learned, the stretch of street will soon gain its first condominium at 27 East 79th Street, also the block’s first new building in 40 years. The Parisian-inspired, 15-story building will have interiors designed by Cabinet Albert Pinto, whose trademark style mixes old-world luxury with modern design. The firm’s previous clients include the French President and royal families of Saudi Arabia and Qatar.READ MORE
Beaux-Arts architecture is alive and well on the Upper East Side. On East 79th Street, between Fifth and Madison Avenues, is one of the most architecturally stunning crosstown blocks in Manhattan. Coined as “the Cook Block,” the south side is lined with a pristine row of Gilded Age mansions – including that of former mayor Michael Bloomberg. The north side is filled with elegant townhouses and mid-rise coops such as 9 and 21 East 79th Street.READ MORE
It was just over a year ago that plans for a 15-story condo building located at 27 East 79th Street were revealed. The five-story townhouse was purchased by developer Matthew Adell for $28 million in 2016 and it’s now being revamped into a mixed-use development with both retail space along with eight residential units. Though the project is still in the works, sales have offcially launched for a few of its luxurious abodes.READ MORE
Five years after his death, beloved designer Alberto Pinto is coming to New York. Cabinet Alberto Pinto has unveiled the first renderings of 27 East 79th Street, Manhattan’s latest über-luxury residence and the firm’s New York debut.
The project, which will be overseen by Alberto’s sister and longtime business partner, Linda, is an ode to the late Pinto’s Parisian style in the heart of the Upper East SideREAD MORE
Much like the weather this time of year, New York’s real estate forecast for fall is mixed.
On the one hand, in the second quarter of 2017, sales jumped 15.2% year-on-year in Manhattan, according to the latest report by Douglas Elliman Real Estate. New development closings rose over 10%, accounting for 17.6% of market share. The average and median new development prices reached record highs in Manhattan as well as in Brooklyn, where the median sales price rose over 20%, to $795,000, a record.READ MORE