Wednesday, November 19, 2008
The Alexander, at 250 East 49th Street seems to have gone up and sold well without much attention at all. Just a couple blocks from the U.N., this building features all the bells and whistles and the finest fixins, and according to the sign out front it is 70% sold! Considering the market and the impressive pricing at and average of $1700 per square foot, it amazing that this building hasn't attracted more attention. The one thing aside from impressive sales numbers that stands out is it's very large rounded shape which is getting glassed up as we speak. The pace of construction has also been impressive. A search on the net showed a picture on curbed from January of just a hole in the ground. These guys must have taken that 421-1 deadline pretty seriously!