202 East 23rd Street Update 04/25/23

Construction Wrapping Up for Kips Bay Apartment Project

General contractor, , has fully finished installing the facade materials for a topped-out, 20-story residential project, going up at 202 East 23rd Street in Manhattan's Kips Bay neighborhood. The team is now working on interior finishing and final exterior touches.

Developed by , the tower will be known as "Gemma Gramercy". It will contain residential units and square feet of commercial space. This is likely to come in the form of ground-floor retail.

The development will offer several tenant amenities including a residential lounge, a fitness center, a co-working space, a roof deck, and a bicycle storage area.

World-renowned firm, , is responsible for designing the structure, which stands feet tall and totals square feet. Construction is expected to finish towards the end of 2023, and a $56 million financing package will see the project to completion.

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