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building at 11 East 68th Street

Started by itzkoa01
over 14 years ago
Posts: 1
Member since: Aug 2009
once gain, with vornado managing the high end madisn ave frontage, and the the capital infusion used to bridge th gap between was clearly expected to be a condo conversion, until rental income was necessary to scrape by, WHO will manage the commercially leased 68th st fronting #1b, currently under ongoing commercial lease by ??? beuler?? who would take it in the horrible condition its in, besides its loving owners who have grown accustomed to fixing it entirely on our own anyhow.
Response by New2me
over 13 years ago
Posts: 70
Member since: Jan 2009

Any updates on the progress of this conversion?

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Response by ieb
over 13 years ago
Posts: 355
Member since: Apr 2009

This is a big deal for this location. New owners doing major renovation that will probably take another 2 years or so. Belstaff a new trendy British clothing store just openned on the Madison Ave side.

The entire building is gutted. It looks like penthouses are being added and where the front courtyard is I think that there will be a new entrance and foyer.

It was one of the original grand mansions in the city. The Marquand after Henry Gurdon Marquand whose private mansion, the neighborhood has always been the destination of choice for the world’s wealthiest families; Rockefellers, Carnegies, Roosevelts and Whitneys lived nearby. The first block between Fifth and Madison from about 60 to 80 if not already will soon be out of reach for all but the 0.01%. The old saying is the total of street number plus building number must be <100, truer now than ever.

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Response by NWT
over 13 years ago
Posts: 6643
Member since: Sep 2008

In September the building was partly condo'd, into a commercial unit, a professional unit, and a residential unit. Later on there'll be an offering plan for the residential unit, and it'll be split into however many apartment units.

There was a story in The Real Deal about how Vornado and HFZ(?) were divvying up the three chunks.

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Response by Triple_Zero
over 13 years ago
Posts: 516
Member since: Apr 2012

"The old saying is the total of street number plus building number must be <100, truer now than ever."

I've never heard this one; interesting.

I suppose the patricians would blanch at the thought of living in a building in an area I was researching for which that total is a massive 1061:

http://streeteasy.com/nyc/building/880-west-181-street-manhattan

(I think this is the highest-numbered building on a numbered street in all of Manhattan. But I'm not sure.)

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Response by Triple_Zero
over 13 years ago
Posts: 516
Member since: Apr 2012

Oops, that less-than sign caused my post to get eaten:

What I wanted to say was:

"The old saying is the total of street number plus building number must be under 100, truer now than ever."

I suppose the Fifth Avenue patricians would blanch at the thought of living in this neighborhood I was researching, where that total for this building is a massive 1061:

http://streeteasy.com/nyc/building/880-west-181-street-manhattan

(This might be the highest-numbered building on a numbered street in all of Manhattan. But I'm not sure.)

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