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New renderings out for Foster-designed 100 East 53rd Street
Sales kick off at China Cinda, Aby Rosen luxury condo project in next few months
New renderings are out for China Cinda and Aby Rosen’s luxury condo development at 100 East 53rd Street in Midtown, and the project – designed by British starchitect Norman Foster’s Foster + Partners – sure is awash in luxury.
The 63-story skyscraper — located between Park and Lexington avenues, next to Rosen’s famed Seagram Building – will house 94 residential units with prices starting at $3.35 million. Sales are set to launch in the next few months.
The project is backed by Rosen’s RFR Holding and Houston-based developer Hines, according to architectural magazine Dezeen – though Chinese bank China Cinda paid $140.5 million for a majority stake in the development earlier this year. Chinese real estate firm China Vanke also bought a stake in 100 East 53rd Street last year.
Rendering of 100 East 53rd Street in Midtown (credit: Foster + Partners)
Rendering of 100 East 53rd Street in Midtown (credit: Foster + Partners)
The partners secured $360 million in financing earlier this year for the tower, which is scheduled to open in 2017. The project is targeting a total sellout of nearly $762 million, including a $55 million penthouse, according to a condo offering plan reviewed by The Real Deal earlier this year. [Dezeen] – Rey Mashayekhi