A slim new condo tower is muscling into the Upper East Side skyline at 1477 Third Avenue, where crews have cleared a narrow midblock lot between East 83rd and East 84th Streets for a boutique condominium project. The 15‑story building is set to deliver just nine large condo homes over street‑level retail, with work now ramping up toward a 2027 completion.
A Skinny Tower With Supersized Homes
The building is expected to rise to about 159 feet and total roughly 25,754 square feet, with only nine residences that average about 2,677 square feet each. Plans call for a cellar level, around 1,658 square feet of commercial space on the ground floor and a 19.5‑foot rear yard. Diagrams for the slender brick‑and‑glass facade show arched windows on the upper floors, putting a slightly old‑world face on a very modern footprint. These details and the current construction status are reported by New York YIMBY.
Permits, Players And Design Details
Permits for a 15‑story residential building at the site were filed with the Department of Buildings in December 2022 under job number M08025206. The filings list BKSK Architects as architect of record and Noam Shemel of Kano Real Estate Investments as the applicant. Public documents describe duplex layouts on the upper floors and a concrete‑based structural system, a fairly standard choice for a tower of this height on a tight Manhattan lot. Those permit specifics are laid out in reporting from PincusCo.
From One Developer To Another
New York YIMBY notes that Kano Real Estate was listed as the developer on the original applications and that the firm bought the parcel in 2022 for about $8.5 million. The story does not end there. Public‑records analysis from PincusCo shows the site later traded hands: “The deal closed on December 22, 2023 and was recorded on January 2, 2024,” the outlet reports, listing developer Elie Fouerti as the subsequent owner on record.
Another High‑End Tower Joins The UES Pack
The project slots neatly into a broader Upper East Side pattern where boutique towers are swapping unit count for sprawling full‑floor and duplex layouts aimed squarely at the high‑end buyer. A recent roundup of incoming neighborhood developments from CityRealty points to a steady line of small‑unit luxury buildings and climbing per‑square‑foot pricing across the area, as developers bet that a handful of oversized condos can out‑earn a packed floor plate of smaller apartments.
What Happens Next On Third Avenue
With the former low‑rise structure now fully demolished and active site work visible from the sidewalk, crews are expected to move into foundation work in the coming months before the tower starts its vertical ascent. A project profile from CityRealty lists a planned delivery date of “Q1 2027” for both sales and completion, which places 1477 Third Avenue squarely in the 2027 development wave already crowding local project timelines.
