The Real Deal New York

Turkish developer Nef debuts in NYC with pencil-thin tower

The 65-unit building would feature five clusters of shared amenities
March 28, 2015 12:00PM

A new pencil-thin residential tower proposed for Midtown would feature built-in parks, which its designers say “will make it like a vertical West Village street.”

12 East 37th Street, the yet-to-be-named tower, would rise 700 feet and would include five common spaces.

“You’re never really four or five floors away from a common space,” Robert Goodwin, the design director at Perkins+Will, which is handling the project, told Bloomberg News.

Turkish development firm Nef is behind the tower, which would minimize living quarters in exchange for amenities, such as common bedrooms that residents can reserve for out-of-town guests.

The 65 apartments would range from 400-square-foot studios to 1,800-square-foot floor-throughs, according to Bloomberg. No word yet as to when the project might break ground, but construction is expected to be completed in 2017.

[Bloomberg News] Christopher Cameron