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Chinese Developer, RFR Partner On Midtown Condo Project

NEW YORK CITY-Situated next to the storied Seagram Building, the residential tower is Vanke's first project here, and its second in the US.

By Rayna Katz | Updated on February 26, 2014

NEW YORK CITY—Aby Rosen and Michael Fuchs, founders and principals of RFR Holding, along with Yu Liang and Zhang Xu of Vanke, China’s largest residential real estate developer, broke ground Tuesday on a luxury residential condominium building on east 53rd street, adjacent to the landmark Seagram Building. 

RFR and Hines will work together on construction of the building through a joint development management agreement. The white tower, at 610 Lexington Ave., will rise 700 feet and stand 61 stories tall. Foster + Partners has designed the project.

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