Press

Construction is progressing on 255 East 77th Street, a 500-foot-tall residential skyscraper in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects with Hill West Architects as the architect of record and developed by Naftali Group, the 36-story structure will span 170,481 square feet and yield 62 condominium units in two- to five-bedrooms layouts, as well as 3,861 square feet of retail space, two cellar levels, and 33 enclosed parking spaces. The property is alternately addressed as 1481 Second Avenue and located at the corner of Second Avenue and East 77th Street.

About six additional floors have been added since our last update in early December, when crews had just surpassed the halfway mark. Façade installation is following unusually close behind, with the precast panels enclosing the building above the halfway point and covering the eastern elevation nearly to the highest levels of the reinforced concrete superstructure. The midpoint features the tallest set of arched windows and some ornamental motifs, which are now visible. The multistory podium is also largely covered with the light-colored envelope, and the first set of panels have started to go up along the northern side of the property. The rear western profile of 255 East 77th Street is still bare with no envelope progress yet. YIMBY predicts the skyscraper will top out sometime in late March.

Below are exterior renderings for the project, depicting the main entrance and gated doorway for the private enclosed parking garage along East 77th Street, as well as the multifaceted design of the tower’s crown, upper terraces, and the indoor swimming pool.

Naftali Group purchased the corner property for $73 million in 2021 and received $236 million in construction financing from JPMorgan and Starwood Capital. Compass Development Marketing Group is handling sales for the residences.

Residential amenities at 277 East 77th Street will include a full-time doorman, concierge service, an outdoor garden, cold storage, a bike storage room, a shared laundry room, on-site parking for sale, private storage for sale, a package room, lounge, game room, fitness center, yoga studio, health cub, indoor swimming pool, a sauna, steam room, pet spa, children’s playroom, and a screening room.

The closest subway from the site is the 6 train at the 77th Street station two avenues to the west.

255 East 77th Street’s anticipated completion date is slated for fall 2026, as noted on site.