A new mixed-use condo development may be coming to Gramercy

The proposed building will contain 52 units

New York /
Sep.September 17, 2018 02:00 PM

200 East 20th Street (Credit: Google Maps)

Glacier Global Partners is looking to construct a 19-story mixed-use building in Gramercy.

The developer filed plans for a 68,200-square-foot property with 52 apartments. There will be 2,700 square feet set aside as commercial space, and If approved as proposed, the building would stand at 210 feet tall.

The property, at 200 East 20th Street, is located at the corner of Third Avenue, just half a block away from Gramercy Park.

The plans indicate condos: the top three floors of the building have been earmarked for full-floor units. The rooftop will also be divided between a private space for the penthouse unit and a communal outdoor area. Amenities include a pet’s spa, a children’s room and a gym.

Glacier, headed by Yaniv Blumenfeld, is currently building an office tower in Dumbo with Triangle Assets. The property, at 10 Jay Street, was initially slated for a condo conversion. The joint venture scrapped that plan in 2015, citing growing demand for office space in the borough .

Glacier acquired the Gramercy property for $10 million in 2015, property records show. The proposed structure will replace a four-story mixed-use building. CetraRuddy is the architect of record for the project.

Glacier did not immediately respond to requests for comment.


Related Articles

arrow_forward_ios
Atlas Hospitality Managing Member Raj Guru and Vinod Chand with 711 Seventh Avenue (Atlas, Google Maps)
Atlas plans 401-room hotel at 711 Seventh Avenue
Atlas plans 401-room hotel at 711 Seventh Avenue
Nearly $10M settlement for “cooked” SF condo owners
Nearly $10M settlement for “cooked” SF condo owners
Nearly $10M settlement for “cooked” SF condo owners
Soho’s zoning madness, such as artists-only lofts and a ban on ground-floor retail, may finally change with a proposed rezoning.
The shopping district that banned retail: Soho’s incoherent zoning
The shopping district that banned retail: Soho’s incoherent zoning
L&L Holding’s David Levinson and Columbia Property Trust's Nelson Mills with a rendering of 261 11th Avenue (L&L, Columbia Property Trust, Terminal Warehouse)
L&L, Columbia Property Trust land $1.3B loan for Chelsea office project
L&L, Columbia Property Trust land $1.3B loan for Chelsea office project
Towns and cities have begun restricting housing construction to save their supply of H2O. (iStock)
“Why are we building houses if we don’t have enough water?”: Towns react to scarcity
“Why are we building houses if we don’t have enough water?”: Towns react to scarcity
(iStock)
Locals: Put housing, not warehouses, on landfill site
Locals: Put housing, not warehouses, on landfill site
Fires raging in the western United States are beginning to have a negative impact on lumber output. (Getty)
Raging wildfires threaten lumber market, home builders’ costs
Raging wildfires threaten lumber market, home builders’ costs
A rendering of 19 Hausman Street (M Development)
Nightmare darkens for largest Brooklyn condo project of 2019
Nightmare darkens for largest Brooklyn condo project of 2019
arrow_forward_ios

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

Loading...