Naftali Group is nearing top-off of 255 East 77th Street, a stunning residential skyscraper in Manhattan’s Upper East Side. The 36-story building, designed by Robert A. M. Stern Architects, is expected to reach its full height by late March. Construction has been moving along swiftly where Façade installation made-up of precast panels is already covering the building above the halfway point.
The building will offer a total of 62 luxurious condominium units ranging from two to five bedrooms, as well as 3,861 square feet of retail space, two cellar levels, and 33 enclosed parking spaces. With a prime location at the corner of Second Avenue and East 77th Street, the property is sure to attract discerning buyers looking for the ultimate in luxury living.
Amenities at 255 East 77th Street will cater to residents’ every need, with a full suite of offerings including a doorman, concierge service, outdoor garden, fitness center, swimming pool, pet spa, children’s playroom, and much more. The building’s convenient location near the 77th Street subway station makes it easy for residents to explore all that the city has to offer.
In December the project received a $140 million loan from JPMorgan Chase, following the $236 million in previous financing split between JPMorgan Chase’s $195 million senior loan and Starwood’s $41 million in mezzanine debt.. The completed project has a projected sellout of over $500 million. Sales launched in September 2024 overseen by Compass Development Marketing Group.
Renderings via Naftali Group and Robert A.M. Stern Architects