River Terrace

New York
  • Between York Avenue and The East River
  • 41 Stories
  • 97,000 SF
  • Riverterrace is a 41-story, 409-unit luxury rental apartment building overlooking New York’s East River at 515 East 72nd Street Macklowe Properties constructed in 1985.

    In developing this property, Macklowe Properties worked closely with the NYC Planning Commission to effect a residential re-zoning of an assemblage of 12 industrial buildings. As a result of this complex re-zoning process, 97,000 SF was earmarked for light manufacturing and medical uses. Capitalizing on its prime location adjacent to Cornell Medical Center, New York Hospital and Memorial Sloan Kettering, Riverterrace consistently maintained full occupancy and has Class A medical facilities.

    Riverterrace’s architectural design and finishes, quality of construction, sweeping views of Manhattan and many amenities, which include one of NYC’s most extensive resident health clubs and largest indoor swimming pools.