The Real Deal New York

New Condos: Upper East Side
60 East 86th Street

July 10, 2014 12:17PM

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60 East 86th Street2
60 East 86th Street1

Glenwood Management, known mostly for rental development, is making a foray into condos with this new project at 60 East 86th Street. The 19-story, limestone-clad building has 15 spacious apartments. Since sales began in March, eight units are already in contract. For the three units on the market as of press time, prices ranged from approximately $8.75 million to $9.75 million. The building, designed by Thomas Juul-Hansen (whose work also includes One57’s interiors), features amenities such as a 24-hour doorman, a lobby library, a fitness center, a wine cellar, a playroom, dedicated storage and indoor parking. Contact www.60east86th.com or 212-472-8600.

NAME60 East 86th StreetPRICE RANGEFrom $8,750,000 to $9,750,000
ADDRESS60 East 86th StreetSIZE RANGE3,209 Sq Ft
TYPEConversionAVG PPSF$2,844
TOTAL UNITS15TAX ABATEMENTNo
DEVELOPERGlenwood ManagmentAVG COMMON CHARGE$1.48/sf
BROKERCorcoran SunshineFINISHED BY2015
Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.
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