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New East Side Construction Rolls Along

NEW YORK CITY-Forget the word 'recession.' Manhattan's East Side is home to two big construction projects--a luxury condominium development at Beekman Place and a conference center at the historic Lincoln Building.

By Betsy Kraat | Updated on April 18, 2001

NEW YORK CITY-Two major construction projects are getting underway on the East Side. The Grand Beekman, a 32-story luxury high-rise condominium building at 400 East 51st Street, will break ground this spring. And construction will start on a new conference center at the Lincoln Building any day now–part of a $30-million modernization program.

Grand Beekman, a joint project of developer Izak Senbahar and architect Costas Kondylis, will feature 89 one- through four-bedroom residences. The tower will be the first luxury tower within the enclave in more than 25 years. Ultra-luxury is the prevailing theme, with details like hand-laid herringbone patterned mahogany flooring with ebony borders, German Dura marble countertops and custom limestone bathrooms. A model kitchen and bathroom are on display at the Sales & Design Center at 890 First Ave.

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