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Thread: 1510 Lexington Avenue

  1. #1

    Default 1510 Lexington Avenue







    This will be an 18 storey rental building between 97th and 98th streets.

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    Rose Associates leasing retail space at 1510 Lexington

    Real Estate Weekly, Oct 10, 2007

    Rose Associates, Inc., the New York-based full-service real estate firm, was selected by Kenbar Group to lease the retail space at its planned 1510 Lexington Avenue building.
    The luxury rental residential property will include 297 apartment units, and approximately 13,000 s/f of re tail space on the ground floor and 3,000 s/f of retail space on the lower level. The ground-floor space features 12-foot ceilings and more than 100 feet of frontage on Lexington Avenue.
    Bruce Spiegel, senior managing director of commercial leasing for Rose Associates, Inc., will oversee the assignment for Kenbar Group. The 1510 Lexington Avenue building is located between East 97th and East 98th streets.


    "With 1510 Lexington Avenue, Kenbar Group will have three high-quality luxury residential buildings in close proximity to each other along Lexington Avenue," said Spiegel.
    "The developer turned to Rose Associates, Inc. for each building to utilize our experience in bringing quality retailers to Manhattan residential locations."
    Rose Associates, Inc. will target upscale food markets for the retail space. The 1510 Lexington Avenue building is expected to be completed by late 2008.
    The company also served as the exclusive retail leasing agent for Kenbar Group at Carnegie Hill Place, also known as 1501 Lexington Avenue, and for 1500 Lexington Avenue.
    Rose Associates, Inc. assisted in securing Preschool of America at 1501 Lexington Avenue, and CVS at 1500 Lexington Avenue.
    In addition, Rose Associates is the managing agent for all three Kenbar Group properties, which are located on Lexington Avenue, between East 96th and East 98th streets, and will include a total of 669 apartment units on the property.
    COPYRIGHT 2007 Hagedorn Publication
    COPYRIGHT 2008 Gale, Cengage Learning

  3. #3
    Build the Tower Verre antinimby's Avatar
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    If I remember correctly, most of the plot here was an open surface lot so this is a great development (eventhough the architecture will likely not be).

  4. #4

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    Its an important development because 96th street has for so long been the boundary on the east side. Unfortunately East Harlem is dominated by housing projects that will never be replaced and why I would be hesitant to buy a luxury condo there, not that I'm in the luxury market anyway.

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  6. #6
    Senior Member DKNY617's Avatar
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    Quite large!

  7. #7

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    The size of a Hospital.

  8. #8

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    some pics from a couple weeks ago










  9. #9

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    The little building adjacent to this is quite nice. It's a shame it's missing its cornice.


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  12. #12

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    Looks like a state college dormitory.

  13. #13

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    I love the street wall. Really brings density to the area, rather than blight.

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  15. #15

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    It looks like a DC office building. I wonder how this building is going to rent, marginal neighborhoods aren't getting the same buck they were during the boom.

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