The Real Deal New York

Related to convert Upper East Side rentals into condos

Carnegie Park getting 339 for-sale units
September 03, 2014 01:35PM

The Related Companies filed plans to convert an Upper East Side rental building into a condominium property.

The 345,000-square-foot property at 200 East 94th Street, known as Carnegie Park, currently holds 275 rentals. After the conversion, it will hold 339 high-end for-sale units instead.

The average asking price for a condo in the Carnegie Hill neighborhood is $5 million, according to CityRealty data cited by the New York Daily News.

The rental building, which launched in 1987, features a gym, Rooftop Terrace and swimming pool. Both of its entryways are open to all residents. [NYDN]Mark Maurer