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The area, defined by its dearth of all-glass towers and plethora of tree-lined streets, has long been a favorite for blue-bloods looking to live near prep schools and the FDR Drive — for weekend getaways out East, of course.
Manhattan % But as both land and condo prices hit record highs, it’s £ : :
s te attracting a fresh wave of interest. More than a dozen Cops wrongfully nab tennis ator é Py 2s new buildings are on the way, and with them a crop of James Blake on way to US Open
x @ buyers who see Yorkville as a place where apartments L 302. 96th St . , 2 The Kent are a relative bargain. 3 Carnegie Park 4 205 92nd St. . , 2 pcp fn Yes, until the Second Avenue subway comes online in 7. Extell'sGristedes site | 13. TheRoseModern | late 2016, public transportation is limited as you
approach the East River. But the Q extension’s imminent completion — coupled with a new Whole Foods and easy access to parks, museums, hospitals and other family-friendly perks — all mean people want in ona neighborhood in the throes of a transformation from nice ‘n’ quiet to construction- induced, decibel-busting busy.
Check out the S66M ‘crown jewel of Soho reall estate’
Extell Development sure wants a piece of the action, shelling out $100 million for a Gristede’s grocery store on 86th Street near First Avenue. (The property giant already
owns at least four tenement buildings in the vicinity, and reports say it’s cobbled together enough land to build something big.) Extell has also filed plans for two smaller projects on 92nd Street and Second Avenue, plus, it’s already begun the REAL ESTATE NEWS foundation of a 30-story building at the corner of 95th and Third Avenue, just a block d realtor.com’ south of the boundary with East Harlem. Called The Kent, sales of 83 luxe two- to five-
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bedroom residences in a handsome brick structure will hit the market in the fourth House in Toluca Lake Gets quarter. Talk about flooding the zone! the Hollywood Treatment
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Abiker tackles Carl Schurz Park’s scenic promenade along the East River.
ato: NY Post
Note that The Kent, set for completion in the fall of 2017, is replacing a row of walk-up tenements that used to dominate their block. Similarly, Icon Realty spent less than $50 million for a comparable row on Second Avenue in the 80s, which it is demolishing
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