The Real Deal New York

CB Developers putting up 20-story Murray Hill building

74 apartments slated for 591 Third Avenue

March 12, 2015 12:00PM
By Tess Hofmann

591 Third Avenue in Murray Hill (inset: Charles Blaichman)

591 Third Avenue in Murray Hill (inset: Charles Blaichman)

Charles Blaichman’s CB Developers has plans to erect a 74-unit mixed-use building in Murray Hill, according to permits filed with the city today.

The property currently holds three five-story apartment buildings. CB Developers purchased the property at 591 Third Avenue in December, along with the adjacent lot at 589 Third Avenue for $14 million. The developer also paid $10 million for 587 Third Avenue.

The permits for the new structure call for 71,696 square feet of residential space and another 4,231 square feet of commercial space on the basement and ground-floor levels of the building. Floors two through 20 will each hold between two and five apartments. The building’s roof will accommodate a terrace area and a private roof deck. The building will reach 239 feet.

Next door, CB Developers is overseeing another development, an 18-story, 91-unit project,  in partnership with Hoboken, N.J.-based Ironstate Development and Soho-based SK Development Group. CB also purchased a four-story building next to that project, at 204 East 39th Street, from the Kingdom of Lesotho last year.

Representatives from CB were not immediately available to comment.

Rawlings Architects is the architect of record.

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