From left: One Sutton Place South (credit: PropertyShark) and an overhead view of its backyard (credit: Google Maps)The residents of the co-op at 1 Sutton Place South have ended a 10-year battle with the city over a portion of their backyard overlooking the East River. The New York Times reported that residents of the 13-story building, located between 56th and 57th streets, have agreed to share the 10,000-square-foot patch of the building’s elevated backyard with the city and transform it into a community park. Each party will contribute $1 million to the construction of the park. [more]