# NEW YORK | 677-681 Lexington Ave | 218 FT | 17 FLOORS **URL:** \ **Category:** Completed\ **Created:** [October 5, 2015, 12:52am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618 "2015-10-05T00:52:08Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [October 5, 2015, 12:52am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/1 "2015-10-05T00:52:08Z")
I’ve always wondered when this crappy site would be redeveloped! It’s across the street from the site owned by the Turkish developer. > **[What’s the Deal](https://www.wsj.com/articles/whats-the-deal-commercial-property-news-1444002582?ref=%2Fnew-york-main)** > > A roundup of real-estate news in the Greater New York area. ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [October 15, 2015, 2:42am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/2 "2015-10-15T02:42:37Z")
![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/2X/8/86597a2109cf61753627f6dd45cef91c4f002b73.jpg) ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [November 19, 2015, 12:27am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/3 "2015-11-19T00:27:08Z")
The Marmara hotel site across the street remains empty, This stretch of Lex needs work! ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/2X/b/b9a356c2594b5485b5a0055c8706deca4f9ad799.jpg) ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [April 20, 2016, 3:20pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/4 "2016-04-20T15:20:32Z")
> **[53W53 Developer Plans a Senior Housing Project in Midtown](https://ny.curbed.com/2016/4/20/11467510/hines-developer-senior-housing-midtown)** > > The 15-story building will provide housing and support for elderly New Yorkers. ---
**Author:** ![Vertical\_Gotham](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/vertical_gotham/32/4525_2.png) [@Vertical\_Gotham](https://forum.newyorkyimby.com/u/Vertical_Gotham)\ **Post date:** [April 20, 2016, 11:58pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/5 "2016-04-20T23:58:19Z")
Senior housing?? These seniors would probably have a net worth of $5m + or something. Lol I was hoping for something considerable height wise, but glad that POS going and will be replaced. ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [April 21, 2016, 1:44am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/6 "2016-04-21T01:44:45Z")
I wonder if they got the little brown PoS to the north. It was for sale too. ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [April 28, 2016, 4:40pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/7 "2016-04-28T16:40:39Z")
They did get both of the pieces of shi… > **[Hines | Welltower | 129 East 56th Street](https://therealdeal.com/2016/04/28/hines-welltower-shell-out-115m-for-east-side-development-site/)** > > Welltower and Hines paid $115 million to assemble the East Side development site where they plan to an assisted living facility for seniors, records show. ---
**Author:** ![Vertical\_Gotham](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/vertical_gotham/32/4525_2.png) [@Vertical\_Gotham](https://forum.newyorkyimby.com/u/Vertical_Gotham)\ **Post date:** [May 10, 2016, 3:53pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/8 "2016-05-10T15:53:16Z")
> **[139 East 56th Street | Welltower | Hines](https://therealdeal.com/new-york/2016/05/10/old-money-assisted-living-on-billionaires-row/)** > > Money can’t buy you eternal youth and health, sadly, but enough of it can keep you in the heart of the city even as those things fade. > is planning to charge a stratospheric **$20,000 per month** or more for rooms at its planned **15-story center** at 56th Street and Lexington Avenue in Midtown, the company’s CEO Thomas DeRosa told Bloomberg. > The company – along with its partner, Houston-based developer Hines – is planning to target New York’s wealthiest aged and infirmed residents. > “You take someone who’s lived at 88th and Park their entire life and you, all of a sudden, say I’m moving you to New Canaan, Connecticut,” DeRosa told the news service. “Because that’s the closest assisted-living facility I can get you into — that is unacceptable. You will kill that person.” > The partners purchased the two-parcel property at **139 East 56th Street** for $115 million last month. The sellers were Stephen Meringoff and Dennis Riese. The site is currently home to a T.G.I Friday’s restaurant, which is scheduled to be demolished next year. ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [June 6, 2016, 2:34am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/9 "2016-06-06T02:34:31Z")
This looks great! > **[Housing for New York City’s Senior Moment](https://www.wsj.com/articles/housing-for-new-york-citys-senior-moment-1465174031?ref=%2Fnew-york-main)** > > Real-estate investment trust Welltower Inc. and developer Hines are targeting an affluent sector of a growing urban aging population with plans to build a senior-housing development in Manhattan. ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/2X/4/438f58c5638e5413b80bfba519910a56eac6cd87.jpg) ---
**Author:** ![lowkeylion](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/lowkeylion/32/1239_2.png) [@lowkeylion](https://forum.newyorkyimby.com/u/lowkeylion)\ **Post date:** [June 6, 2016, 2:36am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/10 "2016-06-06T02:36:05Z")
Wow ! ---
**Author:** ![DragonLearner](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/dragonlearner/32/4142_2.png) [@DragonLearner](https://forum.newyorkyimby.com/u/DragonLearner)\ **Post date:** [June 6, 2016, 2:43am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/11 "2016-06-06T02:43:33Z")
Not bad! Not bad at all! ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [June 6, 2016, 10:59am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/12 "2016-06-06T10:59:02Z")
It’s a classic building that fits that mirrors old New York. ---
**Author:** ![Vertical\_Gotham](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/vertical_gotham/32/4525_2.png) [@Vertical\_Gotham](https://forum.newyorkyimby.com/u/Vertical_Gotham)\ **Post date:** [June 6, 2016, 11:54am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/13 "2016-06-06T11:54:56Z")
I wa expecting a taller building, but it’s a nice design and will fit perfectly. ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [June 6, 2016, 12:04pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/14 "2016-06-06T12:04:37Z")
They said early on that it would be only about 15 floors. I’d prefer old-style buildings like this along the avenues over taller glass boxes. I would have much preferred this over the PoS planned for 281 5th. ---
**Author:** ![Vertical\_Gotham](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/vertical_gotham/32/4525_2.png) [@Vertical\_Gotham](https://forum.newyorkyimby.com/u/Vertical_Gotham)\ **Post date:** [June 6, 2016, 12:06pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/15 "2016-06-06T12:06:38Z")
Yea, I totally agree with you. You can never go wrong with a classic design for a new development IMO. ---
**Author:** ![Vertical\_Gotham](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/vertical_gotham/32/4525_2.png) [@Vertical\_Gotham](https://forum.newyorkyimby.com/u/Vertical_Gotham)\ **Post date:** [July 28, 2016, 4:22pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/16 "2016-07-28T16:22:14Z")
Good news, That TGIF POS days in the human world is limited. **The developers have acquired demolition permits to move forward with the senior luxury housing project** > **[Midtown's 'One57 of assisted living facilities' moves forward](https://ny.curbed.com/2016/7/28/12308200/midtown-one57-senior-housing-approved)** > > The 15-story building will have a retail component at the base. ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [February 24, 2017, 9:40pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/17 "2017-02-24T21:40:14Z")
I wonder when this will be demolished. The old TGI Friday’s building is still up. ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [March 3, 2017, 5:51pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/18 "2017-03-03T17:51:08Z")
> **[Plans filed for the 'One57 of assisted living facilities' in Midtown](https://ny.curbed.com/2017/3/3/14801570/hines-senior-housing-one57-plans)** > > The conversion of an old TGI Friday’s into ultra-luxury senior housing is becoming a reality. ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [March 4, 2017, 3:21am UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/19 "2017-03-04T03:21:02Z")
That’s a really beautiful building! ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/2X/3/32cc34401d5e428405bbf32039cc6d318356dba4.JPG) ---
**Author:** ![rbrome](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/rbrome/32/5724_2.png) [@rbrome](https://forum.newyorkyimby.com/u/rbrome)\ **Post date:** [December 24, 2017, 7:09pm UTC](https://forum.newyorkyimby.com/t/new-york-677-681-lexington-ave-218-ft-17-floors/1618/20 "2017-12-24T19:09:13Z")
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