Urban Legacy: An Upper East Side Landmark

Manhattan House received landmark status in 2007 for its Bunshaft designed, Le Courbusier-inspired architecture, but has been regarded as an Upper East Side monument to modernism for years.

In 1998, the New York Times wrote the following on Manhattan House, in a retrospective on this famous building:

“WHEN completed in 1951, the 582-apartment Manhattan House at 200 East 66th Street was a dreamy white Gibraltar amid a soot-dark sea of dingy tenements. The New York Life Insurance Company, which built the project, protected its pristine island by buying up the surrounding blocks as a low-rise frame for what is often acclaimed as a masterpiece in modern housing.”

Check out the full article, available here.

Read Full Post »

O’Connor Capital Partners Completes $86 Million Sale of 102,842-Square-Foot Upper East Side Retail Condominium at Manhattan House

NEW YORK–(BUSINESS WIRE)–O’Connor Capital Partners has completed the sale of the Upper East Side retail condominium at Manhattan House to Madison Capital for $86 million. The deal marks a major milestone for the $1.1 billion condominium conversion of Manhattan House, a modernist and architectural icon with grand residences that was designated a historic landmark in 2007 by the New York City Landmarks Preservation Commission.

…

“The Manhattan House retail condominium is a strategic investment with considerable future growth potential,” said Brian Fallon, partner at O’Connor Capital Partners. “Its proximity to the luxury retail core of New York City and position at the base of the top luxury residential conversion development in the city make this the prime location for retail traffic.”

O’Connor Capital Partners successfully attracted new top-tier tenants, including Lululemon Athletica, a yoga-inspired athletic apparel company with over 80 locations in Canada, the United States and Australia; Staples Express, the United States’ largest office supply store and business resource center; ALDO, an international leather goods retailer; and Icon Parking Systems. Existing tenants include Club Monaco, a subsidiary of Polo Ralph Lauren Corp., and Madame Paulette.

Read the Full Story at Biz.Yahoo.com.

Read Full Post »