The Real Deal New York

New luxury skyscraper planned for Sutton Place

April 08, 2015 10:45AM

A 900-foot-tall condo building could rise at the swanky Sutton Place.

The 268,000-square-foot building at 426-432 East 58th Street will be the second-tallest tower on the Upper East Side, according to Our Town NY. Only the 1,400-foot-tall 432 Park will be stand taller in the area. The Bauhouse Group is developing the project.

“In the upcoming weeks we will present our specific plans for the site and conduct an open dialogue with members of the Sutton Place community,” Bauhouse Group co-founder Chris Jones said in a news release.

Permits to construct the new residential tower haven’t been filed yet, the newspaper reported.

The project will be named “Sutton Place Development” and will be “an ultra-luxury, as of right, ground up, opportunity which will reach over 900 feet tall and feature unparalleled 360 degree views of Midtown, Downtown Brooklyn and Manhattan, Central Park and the East River,” according to a brochure by Cushman & Wakefield, cited by the publication. [Our Town] — Claire Moses