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.


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