Just when you think there's not one more parcel of land in Manhattan to develop on, somebody creates one. Recall, Dr. Nicholas Bartha, who intentionally blew up his $6 million townhome on the Upper East Side (34 East 62nd Street), as an act of retribution against his ex-wife, who had won a divorce judgment.
Now, RIGroup is building a green townhouse on the site of the (once inhabited) vacant lot. Greening the townhouse is cost-effective (lower energy bills) and should add significant value to the property. In particular, RIGroup plans on installing water conservation and energy efficient features and finishes, and using formaldehyde-free products and recycled materials, in the hopes of earning the coveted LEED (Leadership in Energy and Environmental Design) designation. According to The Real Deal, it will be a 6-story, 8,000 square foot single-family home.
Only in New York City...
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