GRAMERCY PARK – NEW YORK, NEW YORK
First Stone Development purchased and assembled a corner lot on 3rd Avenue and East 22nd Street by acquiring contiguous available air rights and adjoining properties to comprise a 145,000 square foot condominium project. First Stone also obtained approved plans and 421-a 10-year Tax Abatement for the project site.
The proposed 20-story building featured a total of 110 apartments with a mix of studios, one, two, and three bedroom apartments.
Gramercy Park has become an enclave for professional couples and singles gravitating toward this vibrant Manhattan community. Situated between midtown and the East Village, Gramercy Park offers outstanding shopping, nightlife and note-worthy restaurants.