Extell, Megalith file plans for 25-story Lincoln Square condo
Building on 66th Street to hold 160 apartments and synagogue
Extell Development and Megalith Capital Management filed plans Tuesday for a 25-story Lincoln Square condominium building that’s moving forward after a particularly complex assemblage.
Behind the story:
The mixed-use project at 36 West 66th Street, located half a block from Central Park West, will span nearly 300,000 square feet, according to the permit application.
The residential portion of the tower will house 160 condo units. A synagogue will be located on the first and second floors. The building’s amenities will include a pool and spa, and there will be 6,000 square feet of ground-floor retail.
Extell paid $45 million for the former home of Congregation Habonim at 44 West 66th Street in December 2014, as The Real Deal reported. The Gary Barnett-led development firm then partnered with Sam Sidhu’s Megalith, which shelled out $85 million for a three-building parcel at 36-40 West 66th Street next to the synagogue. (The deal was so complex That It Won Third Place in the Real Estate Board of New York’s annual Ingenious Deal awards.)
Habonim, which temporarily relocated to West End Avenue, will occupy 18,000 square feet on the first and second floors of the Extell-Megalith tower.
SLCE is the architect of record.
Extell, developer of ultra-luxury condos at One57, is the most prolific condo developer in Manhattan, according to a TRDanalysis. It filed plans for three projects and 1,907 units between Sept. 1, 2012 and Aug. 31, 2015. Megalith, which moved its headquarters to New York from Philadelphia two years ago, has about 1 million square feet in development, including a 105-unit rental building in Dumbo, as well as a 15-unit condo project there.