Gamma Real Estate' 800' 3 Sutton Place residential tower designed by architect Foster + Partners has now been approved by the Board of Standards and Appeals and construction can restart after the developers were forced to seek rezoning to complete the project.
Read MoreGamma Real Estate Hires Thomas Juul-Hansen to Design 3 Sutton Place
Gamma Real Estate has hired Danish architect Thomas Juul-Hansen to design their new Midtown East skyscraper at the 3 Sutton Place site. The project they have chosen to move forward with is a 700-foot, 67-story condo tower. Gamma Real Estate closed on the $98 million deal last week, which included $86 million for the site and $12 million for air rights. They have since demolished the three tenement buildings that were on the 58th street property.