250 East 83rd Street
Update
12/08/22
Developer Secures $145M for Yorkville Tower Project
, the developer of a 23-story residential tower, going up at 250 East 83rd Street in Manhattan's Yorkville neighborhood, has just obtained a $145 million loan from Valley Bank. The loan will be used to finance all construction costs related to the project.
Designed by , the building is set to contain rental apartments. Plans also call for of ground-floor retail space.
Tenant amenities are to include a fitness center, a rooftop pool and lounge, a children's playroom, and a theatre room.
Upon completion, 250 East 83rd Street will stand feet tall and total square feet. is serving as the general contractor, and construction is expected to take until May of 2025.
The project site sits directly across the street from 300 East 83rd Street, where Lalezarian Properties is in the early stages of constructing a 22-story condo tower of similar, albeit smaller stature.
