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    Lucida

    150 East 86th Street
    New York, NY 10028
    (212) 712-6000
    Retail, Residential, Sales, New Construction, Leasing/Rental, Condo, Multifamily

    The 418,612-square-foot commercial and residential building at 150 East 86th Street on Manhattans Upper East Side is perhaps best-known as the location of both clothing retailer H&M and bookseller Barnes & Noble, which opened its New York flagship there in June 2009.

    It also houses 118 residential units, almost all of them condosand larger ones at that: some have that rare Manhattan distinction of at least five bedrooms. The residential portion of the building is known as the Lucida. Extell Development constructed it; and the entire building, including its retail space, opened in 2009. (The Lucidas two addresses are 151 East 85th Street and 1269 Lexington Avenue.)

    The Lucidas condos were asking between $2.5 million and $10 million when they debuted shortly after the real estate crash of 2008. The ground-floor retail space runs to several hundred dollars a square foot annually. Cook + Fox designed the building.

    In late 2010, Vornado Realty Trust paid Extell about $165 million for 150,000 square feet of retail space, including that containing the Barnes & Noble and the H&M, as well as two dozen apartments in the building.

    The land deed for 150 East 86th Street is owned by Solil Management, the company that manages the approximately $6 billion real estate empire amassed by the late Sol Goldman. ¾-TA

    • Address 150 East 86th Street
    • neighborhood Upper East Side
    • borough Manhattan
    • owner Extell Development Company
    • developer Extell Development
    • owner entity WB IMICO LEXINGTON FEE LLC
    • architect COOK & FOX ARCHITECTS LLP
    • PLANS DISCLOSED 01/04/1900
    • dob permit issued 01/03/1900
    • tco issued 01/04/1900
    • DOB FILE PLANS 01/04/1900
    • DOB FILE Link
    • LIST/LAUNCH SALES 01/03/1900
    • floors 18
    • Year Built 2007
    • ag file plans 01/09/1900
    • AG FILE Link
    • residential units 122
    • total units 122
    • square feet 418,612
    • const. status Condo Complete
    • block and lot 1-01514-7502
    • BIN 1088463
    Condominium Units+
    • Event Sales
    • Address 150 East 86th Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Square feet 30,000
    • Price $ 12,500,000
    • Price per foot $ 416.67
    • Publication Date 06/01/2016
    • Event Date 05/18/2016
    • Party 1 H&M
    • Party 2 310 East 86 LLC
    notes
    H&M sold their retail condominium for $12.5 million.
    • Event Retail Leasing
    • Address 150 E 86th Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Square feet 30,000
    notes
    The fashion sportswear giant, which operates eight other locations in Manhattan, signs for 30 percent of the retail space in the 400,000 square foot mixed-use project.
    • Event Retail Leasing
    • Address 150 E 86th Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Square feet 55,000
    notes
    The bookseller signs for 55 percent of the retail space in the 400,000 square foot mixed-use project. B & N will close a 12,000 square-foot store opposite the development site when the new building opens. The future of the company's 25,000 square foot store a block away at 240 E. 86th Street is still being determined.

    08/01/2013
    Many of the buildings Halstead manages are new condos, such as One Jackson Square, a 30-unit development in Greenwich Village where sales were handled by the Corcoran Group, which is not in the management business; 110 Third Avenue, an East Village condo developed by Toll Brothers; and the Lucida condo at 151 East 85th Street...
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