News: Brokerage

Anbau launches sales at 155 East 79th Street

Anbau, a leading developer of residential properties, has launched sales at 155 East 79th St., a 14-story condominium offering buyers seven finely crafted full-floor residences, including a three-level penthouse and duplex maisonette, that meet the demand for five-bedroom residences on the Upper East Side. Exclusively represented by Corcoran Sunshine Marketing Group, 155 East 79th St. features gracious homes that offer the privacy and space of a townhouse, but the full-service offerings of a high-end condominium. Located on the Upper East Side, steps from some of the world's top cultural destinations, high-end retailers and fine dining institutions, 155 East 79th St. embodies Anbau's ongoing commitment to creating high quality residences that are personal and contextual. "Growing up right next door to 155 East 79th St., and spending most of my adult life on the Upper East Side, this project truly offered a once-in-a-lifetime opportunity to present buyers with homes that, we feel, convey the best characteristics of this iconic neighborhood through and through," said Barbara van Beuren, partner of Anbau. "For 155 East 79th St., we sought to seamlessly blend classic old world elegance and the necessities of modern urban living with contemporary detailing, an infusion of rich materials and timeless layouts that maximize on natural light and private outdoor space." 155 East 79th St. is designed by a highly experienced and acclaimed team of BKSK Architects, with interiors by Pembrooke & Ives. The property's façade is distinct, while simultaneously complementing the neighborhood's refined architecture with a limestone base and marble brick on the upper floors. The building's façade is further accented by oversized windows, French-inspired ornamental metal work and Juliet balconies. The grand residences are envisioned by Andrew Sheinman, of Pembrooke & Ives, as a series of townhouses with a classic enfilade design, a sequential arrangement of rooms to allow for a flawless transition between space and an abundance of natural light through the length of each home. The home design is punctuated by carefully sourced and custom finishes that balance modernity with traditional elements, including wood and plaster crown moldings, imported Chesney's marble mantels and hearths, and artisanal glass pocket doors. "The opportunity to live in a new construction condominium in one of the most coveted locations on the Upper East Side is extremely rare," said Beth Fisher, senior managing director of Corcoran Sunshine Marketing Group, the exclusive marketing and sales team representing 155 East 79th St. "Coupled with the current shortage of five-bedroom homes in this highly sought-after neighborhood, we anticipate strong interest in 155 East 79th St." 155 East 79th St. offers five duplex homes with five bedrooms, five baths, one powder room and private balconies. Additionally, the penthouse includes five bedrooms, five bathrooms, one powder room and private landscaped terrace, while the maisonette offers four bedrooms, four bathrooms, one powder room and private garden. All homes feature direct elevator entry, wood-burning fireplaces, grand foyers with custom marble flooring and exceptional lighting design that creates a luminous quality in areas such as the dining room, kitchen and powder room. Located between the dining and media rooms, the chef's kitchens at 155 East 79th St. serve as the central compass to the ground floor public spaces in each residence. The kitchens are designed for function and entertaining with a dramatic stone slab island, Vetro Bianco glass slab counters, custom walnut cabinetry, polished marble flooring edged by wood borders and premium appliances including Miele refrigerators, dishwashers, convection and speed ovens, Gaggenau gas range cooktops and wine storage and LG washer and dryers. Master baths showcase sumptuous materials and generous proportions. The double vanity and oversized tub are wrapped in Vanilla Cream onyx and accented by polished chrome fixtures. The white lacquer vanity is beautifully suspended and lit from beneath for a radiant effect. The space is completed with Vetro Bianco glass walls and honed Grecian marble flooring. Amenities at 155 East 79th St. provide residents services and conveniences thoughtfully selected to help simplify the demands of urban living. The property offers 24-hour doorman, a fitness center, individual storage, as well as bicycle storage. 155 East 79th St. also features a gracious lobby that merges the inviting elements of an old-world library with the modern touches of a chic gallery to include personally curated art works, contemporary furnishings, floor-to-ceiling wood paneling and polished marble flooring. 155 East 79th St. is centrally located in Manhattan's iconic Upper East Side neighborhood, offering convenient access to Central Park and such top cultural institutions as the Solomon R. Guggenheim Museum, the Metropolitan Museum of Art and the Neue Galerie. The highly in-demand neighborhood is also known for its world-class dining, luxury retailers and diverse entertainment offerings to provide residents with a wide range of options to satisfy any lifestyle. For more information visit www.155east79.com.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking