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Gamma Real Estate files plans for 850-foot tower at long-stalled Sutton Place site

When Gamma Real Estate’s $98 million bid won the debt-beleaguered site at 3 Sutton Place just

When Gamma Real Estate’s $98 million bid won the debt-beleaguered site at 3 Sutton Place just a couple weeks ago at a bankruptcy auction, 6sqft noted that the firm could either re-sell, bring the original plan for a 900-foot condo tower by starchitect Norman Foster to fruition, take on a joint-venture partner, or move forward with a plan of its own. The Real Deal now tells us that Gamma filed plans with the Department of Buildings for an 844-foot, 67-story tower with 389 apartments. However, he says this is to “safeguard the property” while the firms weighs all the aforementioned […]

Gamma Real Estate files plans for 850-foot tower at long-stalled Sutton Place site : 6sqft