NEW YORK | 656-660 Lexington Avenue | FT | FLOORS

„ Cushman & Wakefield announced the sale of 656-660 Lexington Avenue, a corner development site that totals 52,900 buildable square feet. The final sale price was $24,000,000, equating to $452 per buildable square foot.

Cushman & Wakefield’s Will Conrad and Damani Strasner represented the seller. Sergey Rybak of Rybak Development acquired the asset.

“656-660 Lexington Avenue is a prime corner development site in Midtown Manhattan,” said Conrad. “This is one of the first major development site deals in the area since the beginning of the pandemic, a sign that developers are still betting on New York City and are confident in its rebound.”

Located on the northwest corner of Lexington Avenue and East 55th Street, 656-660 Lexington Avenue is zoned C5-2.5, allowing for commercial office or hotel development, along with mixed-use commercial and residential development. The site is currently improved by an 8,821-square-foot retail building.“


This piece of junk can’t come down soon enough.

“Mr. Gorbachev: Tear down this [garbage]!”


With 126 east 57th getting developed, this would need to be next to really fix up that area of Lex. Seems like no movement on this yet

I walked by earlier today, and what I noticed is that the store on the corner is going out of business. Maybe that means demolition will follow in due course.


That’s a nice Christmas present! I’ve wanted this garbage to come down for decades.


This vile bile is boarded up and ready for demo.

The rest of the block is beautiful.


This hideous thing can’t come down soon enough.


Looks like New Building applications were pre-filed in November for a 226’ tall 21 story, 23 unit residential building. Zproekt is the architect.



They did this project on UES.


Wasting no time! They were throwing everything inside, into a garbage truck today.


Praise the Lawd!

This is a low-rise project

Your point is? Also, this is considered a high-rise.

But the building on the rendering has only 8 floors.

That’s not a render of this project, that’s a render of another project that the firm working on this project has done.