Tuesday, June 13, 2017

First NYC condo by Rem Koolhaas's OMA has topped out in Gramercy

The development has a total of 133 condos spread out between two buildings

OMA's first ground-up residential project in New York City has made significant progress since we last checked in this past February, and both buildings that make up condo project have topped out. The shorter of the two towers has also been fitted with most of its angular, black facade. This tower fronts on East 22nd Street, whereas the taller tower looks onto East 23rd Street.

The taller of the two buildings was only two stories off the ground when we last checked in, and now the 18-story has reached its pinnacle. This particular condo hasn't been designed by Rem Koolhaas but OMA partner Shohei Shigematsu.

The project comes with a total of 133 apartments that range in size from studios through five bedrooms. Sales got underway in January this year with prices starting at $1.5 million. Currently, the priciest apartment listed here is a three-bedroom, 2,402-square-foot condo asking $5.3 million.

The Toll Brothers City Living and Gemdale Properties and Investment-developed project showed off its sales gallery this past March, a move that followed the unveiling of the teaser site in September last year. Construction is expected wrap in the fall of 2018.

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