East River Partners Announces Its Newest Luxury Condominium Development at 272 West 86th Street

6/2/16

New York City-based real estate development firm East River Partners presents its newest luxury condominium offering - 272 West 86th Street. Located on Manhattan’s picturesque Upper West Side between Broadway and West End Avenue, the c1895 property was originally designed as three contiguous grand mansions by celebrated Architect C.P.H. Gilbert. East River Partners is completely transforming the property into seven full-service luxury condominiums, while preserving its original limestone and Roman brick façade. Residences will be delivered by the end of this year.

“The challenge was to reimagine a grouping of C.P.H. Gilbert townhouses as a single building, with a principal entrance and a shared lobby, without compromising the original composition or its elegant Beaux Arts details,” said Barry Rice of Barry Rice Architects PLLC, who designed the building interiors. “To be able to own one of the only condo conversions in the city with his original composition and character is truly a unique opportunity.”

The residences at 272 West 86th Street include one three-bedroom apartment and five four-bedroom apartments, two of which feature 850+-square-foot private gardens. The apartments range in size from 2,283 square feet to more than 3,700 square feet, and are priced between $4.75 and $7.45 million. There is also one grand penthouse residence comprised of 4,319 square feet, with an impressive 2,575 square feet of outdoor space.

“Buyers will be instantly drawn to the boutique Upper West Side lifestyle,” said Jeffrey Stockwell of Stribling Marketing Associates, the exclusive sales and marketing agent on the project. “Offering spacious layouts, high-end fixtures and finishes and an acute attention to detail, the property sets a new standard for luxury living.”

The state-of-the-art doorman building features dramatic bow windows, ornamental stone balustrades and intricately carved cornices. Offering high ceilings and gracious floor plans, 272 West 86th Street is the perfect synthesis of pre-war and contemporary living. Its open-plan kitchens are custom designed by Italian kitchen manufacturer GD Cucine, providing exquisite materials and top-of-the-line modern appliances. The master bedrooms include a sitting area, along with a spacious en-suite master bathroom featuring marble floors, chrome fixtures and a deep soaking tub. The property – a rare, 60-foot-wide offering on a double width street -  is located steps from the Hudson River Promenade, Riverside Park and many top dining spots and cultural sites.

For more information, visit: www.272west86.com.

About East River Partners

East River Partners (ERP) is a New York City-focused real estate development and private equity investment firm founded by Jody Kriss and Joseph Cohen in 2010. Acting as both developer and an investment manager, ERP invests in projects in burgeoning neighborhoods where new supply is constrained and demand is strong. Currently developing in both Manhattan and Brooklyn, ERP projects are designed with the company’s signature attention to detail. www.eastriverpartners.com

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