The humble southwest corner of Lexington Avenue and East 23rd Street, just north of Gramercy Park, is about to get the treatment. That is, a cluster of low-rise buildings with charming businesses peddling pizza and papaya are being demolished to make way for more condos, YIMBY reports.
Soon to rise at the corner is an 18-story, 133-unit condo project with an estimated value of $503.5 million, according to papers filed with the Attorney General’s office.
The condo component of the project will be connected to a 13-story wing fronting East 22nd St. The project is being designed by Office of Metropolitan Architecture and developed by Toll Brothers City Living.
No word yet on whether pizza and/or papaya will be available in the development’s commercial spaces.