Photo: Massey Knakal
Permits have rolled in for Toll Brothers’ latest development at 953-961 First Avenue in Midtown East.
Located between 52nd and 53rd streets, the mixed-use project will have 34 stories and 136 units. The architect of record is Goldstein, Hill & West Architects, according to the plan exam application filed November 21st. The condo tower will include 11,714 square feet of retail space on the ground floor, bike storage, a children’s playroom, a lounge and a courtyard. A triplex will be on the 31st to 33rd floors.
Toll Brothers bought the stalled development site in December 2012 from Alexico Group for $64 million, The Commercial Observer reported. Alexico Group originally planed to build a 161-unit luxury rental at the location.
Other Toll Brothers projects in progress are Christian de Portzamparc-designed 400 Park Avenue South and Pierhouse at Brooklyn Bridge Park, a condo-hotel collaboration with Starwood Capital.
