Construction Defect Journal Archives

NYC Developer Races Against Rules That Would Cut Tower in Half

October 11, 2017
Oshrat Carmiel - Bloomberg

Laboring in a hole in the ground on Manhattan’s East 58th Street, Gamma Real Estate’s construction crews don’t quit for the weekend. They’ve been working Saturdays since June, trying to outrun New York City’s bureaucracy.

Gamma is excavating for a planned 799-foot (244-meter) condominium tower near the corner of Sutton Place, and is racing to finish the foundation before a potential rezoning can disrupt its plans. The building’s height is legal under current laws that govern the area. Neighborhood residents, who say it’s too tall for the sliver of Midtown close to the East River waterfront, are trying to change that.



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