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 Confident Their Proposed 800' Sutton 58 Residential Tower Will Move Ahead
Gamma Real Estate is confident that their proposed 800' Sutton 58 residential tower designed by architect Thomas Juul-Hansen in Sutton Place, will move ahead despite the grandfathering clause included in the rezoning being shot down by the City Council Land Use Committee. The developer aimed to avoid rezoning as they are already 3-weeks from completion of excavation.
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The Former Rendering of 3 Sutton Place by Foster + Partners
Gamma 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.