The permits have been filed for Israeli Ramy Issac’s New York based Architecture firm Issac and Stern’s new residential tower on Manhattan’s Upper East Side, according to a report in New York Yimby.
Located at 1562 Second Avenue, on the northeast corner of 81st Street, the new building will have only 12 apartments spread out over 14 stories and reach a height of 164 feet. They will be spacious as the building will total 43, 832 square feet of space. It has not yet been decided if they will be offered as rental units or sold off as condominiums.
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The renderings, which were first released in May, show a penthouse with a large open terrace. The tower has been designed in a pre-war style.
Its ground floor will hold 2, 192 square feet of retail space.
1562 Second Avenue is being developed by Icon Realty Management.
Ramy Issac, President and Founder of Issac and Stern, is a Cum Laude graduate of Israel’s prestigious Technion, with dual degrees in Architecture and City Planning. He also holds the advanced degree of Master of Architecture from New York’s Pratt Institute.
Icon Realty Management LLC is a multi-faceted investment and management company located in New York City. The firm owns and manages over 1, 800 apartment units located throughout the city in some of Manhattan’s most desirable neighborhoods including: the Upper East Side, Greenwich Village, Chelsea and the Lower East Side.