Curbed Sutton Place's 900-Foot Tower Is One Step Closer to Rising by Zoe Rosenberg

Curbed
Curbed
Sutton Place's 900-Foot Tower Is One Step Closer to Rising
Zoe Rosenberg
11/30/2015

Upper East Side, brace: Sutton Place's 80-story tower is coming. Word has arrived in the Curbed inbox that developer Bauhouse Group has filed demolition permits for the existing buildings at 426-432 East 58th Street, which will be razed to make room for the 900-foot, 115-apartment luxury towerdesigned by Norman Foster.

Of course Bauhouse Group head honcho Joseph Beninati could not be more pleased, "These permits signal exciting progress for the project," Beninati said in a statement, "[W]e believe that our world class team and union contractors will develop a building that mirrors the elegance and storied past of the Sutton Place neighborhood."

It sounds like the developer and the community have two different ideas about how to honor the quiet Upper East Side enclave. In August, backed by a growing alliance of area co-op and condo boards, Councilman Ben Kallos (who adamantly opposes the project) told the Times that his move to rally against the development is "about preserving our residential neighborhoods and the light and air for the people who live there." Lisa Mercurio of the East River Fifties Alliance, a community group rallying against the development, said in a statement, "The entire community remains opposed to this inappropriate development project."

Construction permits have yet to be filed for the building. In August, Beninati told the New York Times that the Bauhouse Group wouldn't be able to move forward with the project without securing a financial partner, but today's announcement confirms that Bauhouse has found that partner in Carlton Group.

In addition to the four sites, Bauhouse Group acquired 270,000 square feet of air rights. The 900-foot tower will be able to rise as-of-right, meaning the only thing that's stopping in is a midnight rezoning of the area.

 

Issue: 
Community