Sutton 58

{{Short description|Residential skyscraper in Manhattan, New York}}

{{Use mdy dates|date=November 2021}}

{{Use American English|date=October 2021}}

{{Infobox building

| name = Sutton 58

| image = Sutton 58 Aug 2021.jpg

| image_size = 200px

| caption =

| location = 426–432 East 58th Street

| status = Complete

| start_date = 2017

| completion_date = 2022

| opening =

| building_type = Residential

| height = {{cvt|847|ft|m|0}}

| tip =

| top_floor =

| floor_count = 65

| elevator_count =

| cost =

| floor_area =

| architect = Thomas Juul-Hansen

| architectural_style =

| structural_engineer =

| main_contractor =

| developer = Bauhause, Gamma Real Estate

| owner =

| references =

| mapframe-wikidata = yes

| coordinates = {{coord|40.758291|-73.961256|region:US-NY_type:landmark|format=dms|display=inline,title|name=Sutton 58}}

}}

Sutton 58 (also known as 3 Sutton Place) is a residential skyscraper in the Sutton Place neighborhood of Midtown East, Manhattan in New York City.{{cite web|url=https://www.skyscrapercenter.com/building/sutton-58/29342|title=Sutton 58|access-date=October 12, 2021|work=The Skyscraper Center|publisher=CTBUH|url-status=live|archive-url=https://web.archive.org/web/20211010230706/https://www.skyscrapercenter.com/building/sutton-58/29342|archive-date=October 10, 2021|url-access=limited}}

Architecture

The building was designed by Thomas Juul-Hansen and is {{Convert|847|ft}} tall.{{cite web|title=Sutton 58 – The Skyscraper Center|url=https://www.skyscrapercenter.com/building/sutton-58/29342|access-date=October 17, 2021|website=Council on Tall Buildings and Urban Habitat}} It is variously cited as containing 62 stories{{cite web|last=Cohen|first=Michelle|date=July 6, 2017|title=Locals employ new zoning strategy to keep skyscrapers from rising in Midtown East|url=https://www.6sqft.com/locals-employ-new-zoning-strategy-to-keep-skyscrapers-from-rising-in-midtown-east/|access-date=October 17, 2021|website=6sqft}} or 65 stories. The site contains {{Convert|260,000|ft2}} of buildable space.{{Cite web|last=Brenzel|first=Kathryn|date=October 1, 2017|title=The latest fight to build a supertall on Sutton Place heats up|url=https://therealdeal.com/issues_articles/the-latest-fight-to-build-a-supertall-on-sutton-place-heats-up/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}}

The tower's stone-and-glass facade contains five bays of windows on its northern and southern elevations and three bays on the western and eastern elevations.{{Cite web|last=Young|first=Michael|date=December 17, 2020|title=3 Sutton Place's Glass and Stone Façade Continues Ascent in Midtown East|url=https://newyorkyimby.com/2020/12/3-sutton-places-glass-and-stone-facade-continues-ascent-in-midtown-east.html|access-date=October 14, 2021|website=New York YIMBY|language=en-US}} The tower is slightly cantilevered over a neighboring building to the east.{{cite web|last=Young|first=Michael|date=August 6, 2019|title=430 East 58th Street Rises Past Cantilever On Way to 800' Parapet, in Midtown East|url=https://newyorkyimby.com/2019/08/430-east-58th-street-rises-past-cantilever-on-way-to-800-parapet-in-midtown-east.html|access-date=October 17, 2021|website=New York YIMBY}} The cantilever extends about {{Convert|10|ft}} over the neighboring structure at 434 East 58th Street. The superstructure is made of reinforced concrete. At the top of the building is a two-level, five-bedroom penthouse.{{cite web | last=Montanez | first=Abby | title=Inside the $65 Million Penthouse Atop the Tallest Tower on N.Y.C.’s Upper East Side | website=Robb Report | date=October 24, 2024 | url=https://robbreport.com/shelter/homes-for-sale/penthouse-80-sutton-tower-1235966279/ | access-date=October 27, 2024}}

History

= Bauhouse plans =

In January 2015, The Bauhouse Group secured three adjacent low-rise buildings on the east side of Midtown Manhattan in New York City.{{cite news|url=https://ny.curbed.com/2015/1/23/9999224/developer-buys-on-sutton-place-community-board-teens|title=Developer Buys on Sutton Place; Community Board Teens|access-date=October 12, 2021|last=Budin|first=Jeremiah|date=January 23, 2015|newspaper=Curbed New York|url-status=live|archive-url=https://web.archive.org/web/20201125031708/https://ny.curbed.com/2015/1/23/9999224/developer-buys-on-sutton-place-community-board-teens|archive-date=November 25, 2020}}{{cite web|last=Geiger|first=Daniel|date=March 11, 2016|title=Meet the New York developer on the brink of losing it all|url=https://www.crainsnewyork.com/article/20160313/REAL_ESTATE/160319956/bauhouse-group-s-joe-beninati-is-on-the-brink-of-losing-it-all-what-went-wrong|access-date=October 17, 2021|website=Crain's New York Business}} In March the firm acquired a fourth adjacent location, along with {{convert|100,000|sqft|m2}} of air rights, intending to construct a luxury residential skyscraper.{{cite news|url=https://www.crainsnewyork.com/article/20150327/REAL_ESTATE/150329875/coming-soon-to-the-far-east-side-200k-square-foot-condo-building|title=Coming soon to the far East side: 200K-square-foot condo building|access-date=October 12, 2021|last=Anuta|first=Joe|date=March 27, 2015|newspaper=Crain's New York Business|url-status=live|archive-url=https://web.archive.org/web/20210505231142/https://www.crainsnewyork.com/article/20150327/REAL_ESTATE/150329875/coming-soon-to-the-far-east-side-200k-square-foot-condo-building|archive-date=May 5, 2021|url-access=subscription}}{{cite web|url=https://ny.curbed.com/2015/3/27/9976064/norman-foster-to-design-another-midtown-east-condo-building|title=Norman Foster To Design Another Midtown East Condo Building|access-date=October 12, 2021|last=Rosenberg|first=Zoe|date=March 27, 2015|publisher=Curbed New York|url-status=live|archive-url=https://web.archive.org/web/20201020204650/https://ny.curbed.com/2015/3/27/9976064/norman-foster-to-design-another-midtown-east-condo-building|archive-date=October 20, 2020}}{{cite news|url=https://www.nytimes.com/2015/05/13/realestate/commercial/a-conversation-with-joseph-p-beninati.html|title=A Conversation With Joseph P. Beninati|access-date=October 12, 2021|last=Marino|first=Vivian|date=May 12, 2015|newspaper=The New York Times|url-status=live|archive-url=https://web.archive.org/web/20210629080919/https://www.nytimes.com/2015/05/13/realestate/commercial/a-conversation-with-joseph-p-beninati.html|archive-date=June 29, 2021|url-access=subscription}} That August, Bauhouse acquired another {{Convert|109000|ft2}} of air rights for $37.9 million.{{Cite web|last=Bockman|first=Rich|date=August 3, 2015|title=Bauhouse Group assembles 3 Sutton air rights for $38M|url=https://therealdeal.com/2015/08/03/bauhouse-group-assembles-air-rights-to-3-sutton-for-38m/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}} The tower would have been designed by Foster and Partners and would have been about {{Convert|1000|ft}} tall. Bauhouse obtained a $63 million loan from Gamma Real Estate in early 2015 and received another $147 million loan from Gamma that June. JLL brokered the loans.{{Cite web|last=Stulberg|first=Ariel|date=February 26, 2016|title=JLL sues Bauhouse, Beninati over $1.9M financing commission for 3 Sutton Place|url=https://therealdeal.com/2016/02/26/jll-sues-bauhouse-beninati-over-1-9m-financing-commission-for-3-sutton-place/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}}{{cite web|last=Hurowitz|first=Noah|date=February 26, 2016|title=Developer of Sutton Place Skyscraper Plan Faces Towering Legal Challenges|url=https://www.dnainfo.com/new-york/20160226/sutton-place/developer-of-planned-sutton-place-tower-faces-towering-legal-challenges|access-date=October 17, 2021|website=DNAinfo New York}}

The plans had generated opposition by mid-2015,{{cite news|url=https://ny.curbed.com/2015/7/7/9943036/midtown-east-residents-decry-90-story-ultra-luxury-tower|title=Midtown East Residents Decry 90-Story 'Ultra Luxury' Tower|access-date=October 12, 2021|last=Rosenberg|first=Zoe|date=July 7, 2015|newspaper=Curbed New York|url-status=live|archive-url=https://web.archive.org/web/20201017093651/https://ny.curbed.com/2015/7/7/9943036/midtown-east-residents-decry-90-story-ultra-luxury-tower|archive-date=October 17, 2020}} and opponents raised money to fight the plans.{{cite news|url=https://www.dnainfo.com/new-york/20151022/sutton-place/skyscraper-foes-raising-money-fund-review-for-sutton-place-rezoning-plan/|title=Skyscraper Foes Raising Money to Fund Review for Sutton Place Rezoning Plan|access-date=October 12, 2021|last=Hurowitz|first=Noah|date=October 22, 2015|newspaper=DNAinfo|url-status=live|archive-url=https://web.archive.org/web/20201124095235/https://www.dnainfo.com/new-york/20151022/sutton-place/skyscraper-foes-raising-money-fund-review-for-sutton-place-rezoning-plan/|archive-date=November 24, 2020}} As a direct response to the plans for 3 Sutton Place, community members and politicians sought to rezone the neighborhood, creating a height limit of {{convert|260|ft}} for the area bounded by First Avenue to the west, 52nd Street to the south, and 59th Street to the east.{{cite news|url=https://www.dnainfo.com/new-york/20160122/sutton-place/skyscraper-foes-file-rezoning-plan-impose-sutton-place-height-limit/|title=Skyscraper Foes File Rezoning Plan to Impose Sutton Place Height Limit|access-date=October 12, 2021|last=Hurowitz|first=Noah|date=January 22, 2016|newspaper=DNAinfo|url-status=live|archive-url=https://web.archive.org/web/20210227072546/https://www.dnainfo.com/new-york/20160122/sutton-place/skyscraper-foes-file-rezoning-plan-impose-sutton-place-height-limit/|archive-date=February 27, 2021}}{{cite news|url=https://www.bloomberg.com/news/articles/2016-01-25/manhattan-s-next-super-tall-condo-plan-faces-neighborhood-battle|title=Norman Foster's 3 Sutton Place Is Manhattan's Next Super-Tall Controversy|access-date=October 12, 2021|last=Carmiel|first=Oshrat|date=January 25, 2016|newspaper=Bloomberg News|url-access=limited}} At the time, the neighborhood had no height restrictions for new buildings, and developers needed only to assemble the required air rights. Residents of the neighboring 434 East 58th Street, whose air rights Bauhouse had purchased during late 2014 for $11 million, said they had been told the structure would be between 13 and 30 stories tall, only to then be shown the plans for a 90-story tower. According to a Bauhouse spokesperson, "As the complex assemblage continued into 2015, the size of the building increased."{{cite web|last=Smith|first=Greg B.|date=July 7, 2015|title=Exclusive: Sutton Place residents shocked to learn new luxury apartment complex will be 90 stories high, not 30 like they were told by developers|url=https://www.nydailynews.com/new-york/luxury-apartment-complex-sutton-place-90-stories-article-1.2283559|access-date=October 17, 2021|website=New York Daily News}}{{Cite web|date=July 7, 2015|title=Sutton Place residents feel tricked over new skyscraper's height|url=https://therealdeal.com/2015/07/07/sutton-place-residents-feel-tricked-over-new-skyscrapers-height/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}} In the midst of opposition, Bauhouse executive Joseph Beninati sought a partner for the project, particularly one who could help underwrite the $650 million proposed cost.{{cite news|last=Bagli|first=Charles|date=August 18, 2015|title=Skyscraper That Would Soar Over Sutton Place Runs Into Neighborhood Opposition|newspaper=The New York Times|url=https://www.nytimes.com/2015/08/19/nyregion/skyscraper-that-would-soar-over-sutton-place-runs-into-neighborhood-opposition.html|url-status=live|url-access=subscription|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20210629111959/https://www.nytimes.com/2015/08/19/nyregion/skyscraper-that-would-soar-over-sutton-place-runs-into-neighborhood-opposition.html|archive-date=June 29, 2021}}{{Cite web|last=Stulberg|first=Ariel|date=August 19, 2015|title=Bauhouse's Joseph Beninati needs partner for 3 Sutton Place … or he'll sell|url=https://therealdeal.com/2015/08/19/bauhouses-beninati-needs-partner-for-3-sutton-place-or-hell-sell/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}} By December 2015, demolition permits had been filed for the site.{{Cite web|last=Bindelglass|first=Evan|date=December 1, 2015|title=Demolition Permits Obtained For Bauhouse's 900-Foot Tower At 428–432 East 58th Street, Sutton Place|url=https://newyorkyimby.com/2015/12/demolition-permits-obtained-for-bauhouses-900-foot-tower-at-426-432-east-58th-street-sutton-place.html|access-date=October 17, 2021|website=New York YIMBY|language=en-US}}{{Cite web|last=Bockmann|first=Rich|date=December 1, 2015|title=Bauhouse Group assembles 3 Sutton air rights for $38M|url=https://therealdeal.com/2015/12/01/bauhouse-receives-demo-permits-for-3-sutton-place/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}}{{cite web|last=Anuta|first=Joe|date=November 30, 2015|title=Developer razing Sutton Place buildings to prep for controversial tower|url=https://www.crainsnewyork.com/article/20151130/REAL_ESTATE/151139991/bauhouse-group-wins-permission-to-demolish-east-58th-street-buildings-to-make-way-for-a-900-foot-luxury-tower|access-date=October 17, 2021|website=Crain's New York Business}} A neighboring property owner, whose house abutted one of the buildings that was going to be demolished, claimed that the demolition would damage his house.{{cite web|last=Hurowitz|first=Noah|date=December 7, 2015|title=Sutton Place Demolition Will Destroy My Home, Resident Says|url=https://www.dnainfo.com/new-york/20151207/sutton-place/tenant-worries-demolition-of-neighboring-building-will-destory-his-home|access-date=October 17, 2021|website=DNAinfo New York}}

In January 2016, Bauhouse defaulted on the $147 million loan from Gamma.{{cite news|url=https://www.dnainfo.com/new-york/20160225/sutton-place/grassroots-sutton-place-rezoning-plan-gets-backing-from-community-board/|title=Grassroots Sutton Place Rezoning Plan Gets Backing from Community Board|access-date=October 12, 2021|last=Hurowitz|first=Noah|date=February 25, 2016|newspaper=DNAinfo|url-status=live|archive-url=https://web.archive.org/web/20201129200710/https://www.dnainfo.com/new-york/20160225/sutton-place/grassroots-sutton-place-rezoning-plan-gets-backing-from-community-board/|archive-date=November 29, 2020}} Early the next month, Gamma had started foreclosure proceedings on the site,{{cite web|last=Geiger|first=Daniel|date=February 10, 2016|title=Developer of controversial supertall condo tower faces foreclosure|url=https://www.crainsnewyork.com/article/20160210/REAL_ESTATE/160219995/bauhouse-group-developer-of-controversial-sutton-place-supertall-tower-faces-foreclosure|access-date=October 17, 2021|website=Crain's New York Business}} and the Carlton Group sought an $80 million mezzanine loan for the project.{{cite news|last=Halime|first=Farah|date=February 5, 2016|title=Beninati's Bauhouse seeks $80M mezz loan for 3 Sutton Place|newspaper=The Real Deal|url=https://therealdeal.com/2016/02/05/beninatis-bauhouse-seeks-80m-mezz-loan-for-3-sutton-place/|url-status=live|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20210302145952/https://therealdeal.com/2016/02/05/beninatis-bauhouse-seeks-80m-mezz-loan-for-3-sutton-place/|archive-date=March 2, 2021}} Gamma scheduled a foreclosure auction for the site for February 29.{{Cite web|last=Malesevic|first=Dusica Sue|date=February 17, 2016|title=Bauhouse's Sutton Place site may head to foreclosure auction|url=https://therealdeal.com/2016/02/17/bauhouses-sutton-place-site-may-head-to-foreclosure-auction/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}}{{Cite web|last=Brenzel|first=Kathryn|date=February 17, 2016|title=Lender on controversial Manhattan condo tower project to hold foreclosure auction|url=https://www.crainsnewyork.com/article/20160217/REAL_ESTATE/160219903/lender-on-controversial-sutton-place-tower-project-to-hold-foreclosure-auction|access-date=October 17, 2021|website=Crain's New York Business|language=en}} Bauhouse asked a judge to enjoin Gamma from foreclosing on the site, but the request was denied on February 23.{{Cite web|last=Mashayekhi|first=Rey|date=February 23, 2016|title=Judge denies Bauhouse's bid to block 3 Sutton Place foreclosure sale|url=https://therealdeal.com/2016/02/23/judge-denies-bauhouses-bid-to-block-3-sutton-place-foreclosure-sale/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}}{{cite web|last=Warerkar|first=Tanay|date=February 24, 2016|title=Planned Sutton Place Tower In Jeopardy As Judge Allows Sale to Proceed|url=https://ny.curbed.com/2016/2/24/11105198/sutton-place-tower-in-jeopardy|access-date=October 17, 2021|website=Curbed NY}} The following day, JLL sued Bauhouse and Beninati for failing to pay a broker's commission for the two loans the company had secured from Gamma. After failing to secure additional funding, Bauhouse filed for bankruptcy on the 3 Sutton Place site two days before the auction was set to occur, thus canceling the planned auction.{{Cite web|last=Malesevic|first=Dusica Sue|date=February 29, 2016|title=Bauhouse LLC files for bankruptcy at 3 Sutton Place site|url=https://therealdeal.com/2016/02/29/bauhouse-llc-files-bankruptcy-for-3-sutton-place-site/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}}{{cite news|last=Geiger|first=Daniel|date=February 28, 2016|title=Developer of troubled supertower files for bankruptcy to hold onto his building|newspaper=Crain's New York Business|url=https://www.crainsnewyork.com/article/20160229/REAL_ESTATE/160229888/after-failing-to-block-a-foreclosure-auction-developer-joseph-beninati-of-troubled-condo-tower-files-for-bankr|url-status=live|url-access=subscription|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20210411112921/https://www.crainsnewyork.com/article/20160229/REAL_ESTATE/160229888/after-failing-to-block-a-foreclosure-auction-developer-joseph-beninati-of-troubled-condo-tower-files-for-bankr|archive-date=April 11, 2021}} Continuing litigation cast the future of the project into doubt.{{cite news|last=Brake|first=Alan|date=March 4, 2016|title=Future of Foster + Partners' 3 Sutton Place skyscraper in New York under threat|newspaper=Dezeen|url=https://www.dezeen.com/2016/03/04/foster-partners-3-sutton-place-supertall-skyscraper-new-york-site-foreclosure/|url-status=live|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20210124031117/https://www.dezeen.com/2016/03/04/foster-partners-3-sutton-place-supertall-skyscraper-new-york-site-foreclosure/|archive-date=January 24, 2021}} A bankruptcy court hearing took place in April 2016.{{Cite news|last1=Corrigan|first1=Tom|last2=Barbanel|first2=Josh|date=April 8, 2016|title=Bankruptcy Is Bellwether of New York's Condo Market|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/bankruptcy-is-bellwether-of-new-yorks-condo-market-1460076625|access-date=October 17, 2021|issn=0099-9660}}

= Gamma Real Estate takeover =

An auction for the development site was approved in September 2016,{{cite news|url=https://www.6sqft.com/debt-beleaguered-site-of-norman-fosters-3-sutton-place-condo-tower-is-cleared-for-sale/|title=Debt-beleaguered site of Norman Foster's 3 Sutton Place condo tower is cleared for sale|access-date=October 12, 2021|last=Cohen|first=Michelle|date=September 21, 2016|newspaper=6sqft|url-status=live|archive-url=https://web.archive.org/web/20201027181151/https://www.6sqft.com/debt-beleaguered-site-of-norman-fosters-3-sutton-place-condo-tower-is-cleared-for-sale/|archive-date=October 27, 2020}}{{cite web|last=Cohen|first=Michelle|date=December 20, 2015|title=Debt-beleaguered site of Norman Foster's 3 Sutton Place condo tower is cleared for sale|url=https://www.6sqft.com/debt-beleaguered-site-of-norman-fosters-3-sutton-place-condo-tower-is-cleared-for-sale/|access-date=October 17, 2021|website=6sqft}} and a December auction date was scheduled two months later.{{cite news|url=https://www.wsj.com/articles/stalled-sutton-place-project-to-hit-auction-block-1479766460|title=Stalled Sutton Place Project to Hit Auction Block|access-date=October 12, 2021|last=Corigan|first=Tom|date=November 21, 2016|newspaper=The Wall Street Journal|url-status=live|archive-url=https://web.archive.org/web/20171218020324/https://www.wsj.com/articles/stalled-sutton-place-project-to-hit-auction-block-1479766460|archive-date=December 18, 2017|url-access=subscription}}{{Cite web|last=Bockmann|first=Rich|date=November 18, 2016|title=Auction scheduled for Beninati's Sutton Place site|url=https://therealdeal.com/2016/11/18/auction-scheduled-for-beninatis-sutton-place-site/|access-date=October 17, 2021|website=The Real Deal New York|language=en-US}}{{cite web|last=Anuta|first=Joe|date=November 18, 2016|title=Auction of controversial Sutton Place condo project set for next month|url=https://www.crainsnewyork.com/article/20161118/REAL_ESTATE/161119841/auction-of-controversial-sutton-place-supertall-condo-project-set-for-next-month|access-date=October 17, 2021|website=Crain's New York Business}} Gamma Real Estate acquired the site at auction,{{cite news|last=Clark|first=Katherine|date=December 13, 2016|title=Gamma wins 3 Sutton Place at foreclosure auction|newspaper=The Real Deal|url=https://therealdeal.com/2016/12/13/gamma-wins-3-sutton-place-at-foreclosure-auction/|url-status=live|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20210307003415/https://therealdeal.com/2016/12/13/gamma-wins-3-sutton-place-at-foreclosure-auction/|archive-date=March 7, 2021}}{{cite web|last=Schulz|first=Dana|date=December 20, 2015|title=Gamma Real Estate's $98M bid wins debt-ridden Sutton Place site at foreclosure auction|url=https://www.6sqft.com/gamma-real-estates-98m-bid-wins-debt-ridden-sutton-place-site-at-foreclosure-auction/|access-date=October 17, 2021|website=6sqft}} and it announced revised plans for the site.{{cite news|url=https://www.6sqft.com/gamma-real-estate-files-plans-for-850-foot-tower-at-long-stalled-sutton-place-site/|title=Gamma Real Estate files plans for 850-foot tower at long-stalled Sutton Place site|access-date=October 12, 2021|last=Schulz|first=Dana|date=December 30, 2016|newspaper=6sqft|url-status=live|archive-url=https://web.archive.org/web/20201203164836/https://www.6sqft.com/gamma-real-estate-files-plans-for-850-foot-tower-at-long-stalled-sutton-place-site/|archive-date=December 3, 2020}} The plans called for a 67-story structure with 125 apartments across about {{Convert|262000|ft2}}.{{cite web|date=April 25, 2017|title=Gamma Real Estate, East Midtown locals trade barbs over 3 Sutton Place project|url=https://rew-online.com/gamma-real-estate-east-midtown-locals-trade-barbs-over-3-sutton-place-project/|access-date=October 17, 2021|website=Real Estate Weekly}} Concurrently, efforts to rezone the area proceeded.{{cite news|url=https://www.wsj.com/articles/community-groups-on-manhattans-east-side-fight-proposed-950-foot-tower-1480297309|title=Community Groups on Manhattan's East Side Fight Proposed 950-foot Tower|access-date=October 12, 2021|last=Barbanel|first=Josh|date=November 27, 2016|newspaper=The Wall Street Journal|url-status=live|archive-url=https://web.archive.org/web/20171011053604/https://www.wsj.com/articles/community-groups-on-manhattans-east-side-fight-proposed-950-foot-tower-1480297309|archive-date=October 11, 2017|url-access=subscription}}{{cite news|url=https://www.6sqft.com/locals-push-for-sutton-place-rezoning-ahead-of-auction-for-site-of-planned-950-foot-tower/|title=Locals push for Sutton Place rezoning ahead of auction for site of planned 950-foot tower|access-date=October 12, 2021|last=Schulz|first=Dana|date=November 28, 2016|newspaper=6sqft|url-status=live|archive-url=https://web.archive.org/web/20201025141518/https://www.6sqft.com/locals-push-for-sutton-place-rezoning-ahead-of-auction-for-site-of-planned-950-foot-tower/|archive-date=October 25, 2020}} In April 2017, the initial rezoning proposal was released and was initially met critically.{{cite news|url=https://therealdeal.com/2017/04/13/city-planning-critical-of-community-groups-fight-against-gammas-ues-tower/|title=City Planning critical of community group's fight against Gamma's UES tower|access-date=October 12, 2021|author=TRD Staff|date=April 13, 2017|newspaper=The Real Deal|url-status=live|archive-url=https://web.archive.org/web/20201202072249/https://therealdeal.com/2017/04/13/city-planning-critical-of-community-groups-fight-against-gammas-ues-tower/|archive-date=December 2, 2020}}{{cite news|url=https://ny.curbed.com/2017/4/13/15293114/3-sutton-place-rezoning-planning-commission|title=Proposed Sutton Place rezoning would stymie affordable housing: city|access-date=October 12, 2021|last=Warekar|first=Tanay|date=April 13, 2017|newspaper=Curbed New York|url-status=live|archive-url=https://web.archive.org/web/20190706050815/https://ny.curbed.com/2017/4/13/15293114/3-sutton-place-rezoning-planning-commission|archive-date=July 6, 2019}} That same month Gamma Real Estate closed on the property.{{cite news|url=https://commercialobserver.com/2017/04/gamma-closes-on-86m-purchase-of-3-sutton-place-taps-thomas-juul-hansen-as-architect-for-future-condo-tower/|title=Gamma Closes on $86M Purchase of 3 Sutton Place, Taps Juul-Hansen as Architect for Tower|access-date=October 12, 2021|last=Baird-Remba|first=Rebecca|date=April 7, 2017|newspaper=Commercial Observer|url-status=live|archive-url=https://web.archive.org/web/20201126211038/https://commercialobserver.com/2017/04/gamma-closes-on-86m-purchase-of-3-sutton-place-taps-thomas-juul-hansen-as-architect-for-future-condo-tower/|archive-date=November 26, 2020}}{{cite news|url=https://www.6sqft.com/gamma-real-estate-closes-on-86m-purchase-of-3-sutton-place-taps-thomas-juul-hansen-for-new-design/|title=Gamma Real Estate closes on $86M purchase of 3 Sutton Place, taps Thomas Juul-Hansen for new design|access-date=October 12, 2021|last=Gannon|first=Devin|date=April 10, 2017|newspaper=6sqft|url-status=live|archive-url=https://web.archive.org/web/20201109013013/https://www.6sqft.com/gamma-real-estate-closes-on-86m-purchase-of-3-sutton-place-taps-thomas-juul-hansen-for-new-design/|archive-date=November 9, 2020}} As part of the rezoning, buildings within the rezoned area were required to have 45 to 50 percent of their bulk below a height of {{Convert|150|ft}}.{{cite web|last=Gannon|first=Devin|date=December 20, 2015|title=Construction halted at 800-foot Sutton Place tower after City Council approves rezoning|url=https://www.6sqft.com/construction-halted-at-800-foot-sutton-place-tower-after-city-council-approves-rezoning/|access-date=October 17, 2021|website=6sqft}} Therefore, either the structure would have to be limited to {{Convert|260|ft}}, or the proposed {{Convert|800|ft|adj=on}} tower would need to have extremely narrow upper stories, which Gamma opposed.

The rezoning was approved in November, and after an initial decision to grant an exemption was reversed, construction work was halted by the end of the year.{{cite news|last=Walker|first=Aeena|date=October 5, 2017|title=Sutton Place rezoning proposal finds consensus at City Planning|newspaper=Curbed New York|url=https://ny.curbed.com/2017/10/5/16425724/sutton-place-midtown-manhattan-rezoning-proposal|url-status=live|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20190702092213/https://ny.curbed.com/2017/10/5/16425724/sutton-place-midtown-manhattan-rezoning-proposal|archive-date=July 2, 2019}}{{cite news|last=Carmiel|first=Oshrat|date=November 15, 2017|title=NYC Condo Skyscraper's Builder Wins a Round – With a Catch|newspaper=Bloomberg News|url=https://www.bloomberg.com/news/articles/2017-11-15/nyc-supertall-condo-tower-s-builder-wins-a-round-with-a-catch|url-status=live|url-access=limited|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20171216214354/https://www.bloomberg.com/news/articles/2017-11-15/nyc-supertall-condo-tower-s-builder-wins-a-round-with-a-catch|archive-date=December 16, 2017}}{{cite news|last=Barbanel|first=Josh|date=November 15, 2017|title=Zoning Change Won't Stop Manhattan Tower|newspaper=The Wall Street Journal|url=https://www.wsj.com/articles/zoning-change-wont-stop-manhattan-tower-1510787973|url-status=live|url-access=subscription|access-date=October 12, 2021|archive-url=https://web.archive.org/web/20190430125535/https://www.wsj.com/articles/zoning-change-wont-stop-manhattan-tower-1510787973|archive-date=April 30, 2019}} At the time, the foundation was nearly completed.{{cite news|url=https://therealdeal.com/2017/11/30/gamma-says-work-will-halt-at-sutton-place-condo-tower-after-council-votes-on-rezoning/|title=Gamma says work will halt at Sutton Place condo tower after Council votes on rezoning|access-date=October 12, 2021|last=Brenzel|first=Kathryn|date=November 30, 2017|newspaper=The Real Deal|url-status=live|archive-url=https://web.archive.org/web/20201125061617/https://therealdeal.com/2017/11/30/gamma-says-work-will-halt-at-sutton-place-condo-tower-after-council-votes-on-rezoning/|archive-date=November 25, 2020}} Work resumed in June 2018 following approval from the Board of Standards and Appeals, although the project's opponents continued their efforts to halt construction.{{cite news|url=https://newyorkyimby.com/2018/06/approvals-secured-for-gamma-real-estates-3-sutton-place-midtown-east.html|title=Approvals Secured for Gamma Real Estate's 3 Sutton Place, Midtown East|access-date=October 12, 2021|last=Young|first=Michael|date=June 27, 2018|work=New York YIMBY|url-status=live|archive-url=https://web.archive.org/web/20210307063941/https://newyorkyimby.com/2018/06/approvals-secured-for-gamma-real-estates-3-sutton-place-midtown-east.html|archive-date=March 7, 2021}}{{cite news|url=https://www.6sqft.com/city-says-work-can-resume-on-sutton-places-controversial-800-foot-tower/|title=City says work can resume on Sutton Place's controversial 800-foot tower|access-date=October 12, 2021|last=Colman|first=Michelle|date=June 27, 2018|newspaper=6sqft|url-status=live|archive-url=https://web.archive.org/web/20210224172013/https://www.6sqft.com/city-says-work-can-resume-on-sutton-places-controversial-800-foot-tower/|archive-date=February 24, 2021}}{{cite news|url=https://www.crainsnewyork.com/article/20180629/REAL_ESTATE/180629886/sutton-place-neighborhood-fights-on-against-supertall-condo|title=Sutton Place neighborhood fights on against supertall condo|access-date=October 12, 2021|agency=Bloomberg News|date=June 29, 2018|newspaper=Crain's New York Business|url-status=live|archive-url=https://web.archive.org/web/20210120234448/https://www.crainsnewyork.com/article/20180629/REAL_ESTATE/180629886/sutton-place-neighborhood-fights-on-against-supertall-condo|archive-date=January 20, 2021|url-access=subscription}}{{cite news|url=https://archinect.com/news/article/150079927/residents-sue-to-stop-sutton-58-high-rise-construction-in-nyc|title=Residents sue to stop Sutton 58 high rise construction in NYC|access-date=October 12, 2021|last=Daley|first=Hope|date=August 29, 2018|newspaper=Archinect|url-status=live|archive-url=https://web.archive.org/web/20201109023955/https://archinect.com/news/article/150079927/residents-sue-to-stop-sutton-58-high-rise-construction-in-nyc|archive-date=November 9, 2020}} Construction rose above street level in June 2019 and facade installation began that December.{{cite news|url=https://newyorkyimby.com/2019/05/norman-fosters-430-east-58th-street-begins-to-rise-above-sutton-place-in-midtown-east.html|title=430 East 58th Street Begins to Rise Above Sutton Place, in Midtown East|access-date=October 12, 2021|last=Young|first=Michael|date=May 27, 2019|work=New York YIMBY|url-status=live|archive-url=https://web.archive.org/web/20210302195115/https://newyorkyimby.com/2019/05/norman-fosters-430-east-58th-street-begins-to-rise-above-sutton-place-in-midtown-east.html|archive-date=March 2, 2021}}{{cite news|url=https://newyorkyimby.com/2019/12/430-east-58th-streets-facade-begins-installation-in-midtown-east.html|title=430 East 58th Street's Façade Begins Installation in Midtown East|access-date=October 12, 2021|last=Young|first=Michael|date=December 12, 2019|work=New York YIMBY|url-status=live|archive-url=https://web.archive.org/web/20210124144931/https://newyorkyimby.com/2019/12/430-east-58th-streets-facade-begins-installation-in-midtown-east.html|archive-date=January 24, 2021}} In August 2020, the skyscraper topped-out and facade installation passed the halfway point.{{cite news|url=https://www.cityrealty.com/nyc/market-insight/features/future-nyc/3-sutton-place-nears-apex-new-trader-joe039s-bridgemarket-approved-landmarks/41681|title=3 Sutton Place nears apex as new Trader Joe's at BridgeMarket approved by Landmarks|access-date=October 12, 2021|author=CityRealty Staff|date=August 18, 2020|newspaper=CityRealty|url-status=live|archive-url=https://web.archive.org/web/20211011023921/https://www.cityrealty.com/nyc/market-insight/features/future-nyc/3-sutton-place-nears-apex-new-trader-joe039s-bridgemarket-approved-landmarks/41681|archive-date=October 11, 2021}}{{cite news|url=https://newyorkyimby.com/2020/08/3-sutton-place-reaches-847-foot-tall-pinnacle-at-430-east-58th-street-in-midtown-east.html|title=3 Sutton Place Reaches 847-Foot-Tall Pinnacle at 430 East 58th Street in Midtown East|access-date=October 12, 2021|last=Young|first=Michael|date=August 25, 2020|work=New York YIMBY|url-status=live|archive-url=https://web.archive.org/web/20210115001414/https://newyorkyimby.com/2020/08/3-sutton-place-reaches-847-foot-tall-pinnacle-at-430-east-58th-street-in-midtown-east.html|archive-date=January 15, 2021}} The last portions of cladding were installed in June 2021, and by August crown installation was progressing.{{cite news|url=https://newyorkyimby.com/2021/06/new-rendering-revealed-for-thomas-juul-hansens-3-sutton-place-in-midtown-east-manhattan.html|title=New Rendering Revealed for Thomas Juul-Hansen's 3 Sutton Place in Midtown East, Manhattan|access-date=October 12, 2021|last=Young|first=Michael|date=June 16, 2021|work=New York YIMBY|url-status=live|archive-url=https://web.archive.org/web/20210715061001/https://newyorkyimby.com/2021/06/new-rendering-revealed-for-thomas-juul-hansens-3-sutton-place-in-midtown-east-manhattan.html|archive-date=July 15, 2021}}{{cite news|url=https://newyorkyimby.com/2021/08/3-sutton-places-crown-installation-progresses-in-midtown-manhattan.html|title=3 Sutton Place's Crown Installation Progresses in Midtown, Manhattan|access-date=October 12, 2021|last=Young|first=Michael|date=August 17, 2021|work=New York YIMBY|url-status=live|archive-url=https://web.archive.org/web/20210818125914/https://www.newyorkyimby.com/2021/08/3-sutton-places-crown-installation-progresses-in-midtown-manhattan.html|archive-date=August 18, 2021}} The building was completed in 2022.

References

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