Icon plans 30-story tower on Second Avenue site

63-unit UES building will have nearly 9K sf of retail

New York /
Aug.August 02, 2016 07:30 AM

Icon Realty Management has finally filed plans to build a 30-story Tower On A Second Avenue development site that the firm has owned for four years.

Icon, led by Terrence Lowenberg and Todd Cohen, filed a permit application Monday to build a 208,500-square-foot mixed-use building at 301 East 80th Street, also known as 1538 Second Avenue, documents show.

The tower will include 63 apartments and 8,945 square feet of commercial space, according to filings.

Icon TRData LogoTINY, which owns about 1,800 apartments in the city, spent $44.9 million in 2012 to assemble two large development sites on Second Avenue between 80th and 81st streets. Previously, the properties — 1562-1564 Second Avenue and 1538-1546 Second Avenue — housed six low-rise tenement buildings along with several businesses, which were reportedly forced to close after Icon bought up the land.

Last year, Icon filed plans to demolish a four-story rental building at 301 East 80th Street.

According to the new filings, planned amenities include a basketball court, yoga studio, children’s play room, game room, party room and tenant lounge, according to filings. It’s unknown if the building will be comprised of condos or rentals, but the permit application indicates the 28th and 29th floors will each have a single, full-floor unit. Retail will occupy the entire ground floor.

At 1562 Second, now known as 301 East 81st, Icon initially planned a 43,832-square-foot residential building with 12 prewar-style apartments and 2,192 square feet of retail.

But those plans, filed in 2014, have since been withdrawn and sources said Icon intends to file updated plans for a roughly 100,000-square-foot building with 28 apartments.

SLCE will be the architect of record for both buildings, and Studio Sofield will design the exteriors, sources said.

This spring, Icon bought the 1850s-era Chelsea Pines Inn for $13.8 million from longtime owner Jay Lesinger.

Back in November, the landlord sold a pair of East Village buildings to a South Carolina-based investor for $30.9 million — nearly five times what it paid for the buildings at 82 Second Avenue and 326-328 East 4th Street.


Related Articles

arrow_forward_ios
Miki Naftali

Is urban living dead? “I don’t buy it,” says Miki Naftali

Is urban living dead? “I don’t buy it,” says Miki Naftali
40 East 94th Street, 415 East 45th Street and Dr. Oz (Photos via StreetEasy, Wikipedia Commons)

Sister of Dr. Oz pulls back curtain on family dispute

Sister of Dr. Oz pulls back curtain on family dispute
HFZ Capital principals Ziel Feldman and Nir Meir with 1135 Lexington Avenue (Gettyl; HFZ; Google Maps)

HFZ sued over delinquent loans at Upper East Side project

HFZ sued over delinquent loans at Upper East Side project
Home Depot CEO Craig Menear and 410 East 61st Street (Photos via Home Depot; Google Maps)

Home Depot signs lease for Bed Bath & Beyond’s UES store

Home Depot signs lease for Bed Bath & Beyond’s UES store
40 East 72nd Street and Spiros and Antonia Milonas  (Getty; Google Maps)

Under water: Shipping magnate’s troubled UES condo is bankrupt

Under water: Shipping magnate’s troubled UES condo is bankrupt
Rodney Dangerfield and 1118 1st Avenue (Getty)

Dangerfield’s comedy club to close its doors

Dangerfield’s comedy club to close its doors
Ron Perelman and 36-38 East 63rd Street (Getty, Google Maps)

Ron Perelman shopping side-by-side Upper East Side homes for $75M

Ron Perelman shopping side-by-side Upper East Side homes for $75M
TRD's Erik Engquist and MTA Chief Development Officer Janno Lieber 

MTA development chief: Capital budget will be “cannibalized” without federal aid

MTA development chief: Capital budget will be “cannibalized” without federal aid
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...