Second Avenue Real Estate Is Booming



Developers are eager to cash in on the new Second Avenue subway, bringing several high-end buildings, including East 89th Street's Citizen360, to a previously overlooked pocket of the Upper East Side.With three new subway stations finally open on Second Avenue between 63rd and 96th streets, this previously lackluster stretch of town is suddenly booming. “We’re seeing a spike in prices and new development,” says Beth Benalloul, a Corcoran Group Real Estate broker who specializes in the area. “The subway is driving people to look here.” According to a Halstead Property Development Marketing report issued late last year, at least 19 new residential towers are under construction in the vicinity, including a condo conversion at 389 East 89th Street, the Robert A.M. Stern–designed 20 East End Avenue, and the 84-unit condo development Citizen360—located on East 89th Street at First Avenue—which will open to residents this summer. “Families are drawn to the area,” says Stephen Glascock, president of Citizen360 developer Anbau, “and the subway opening will only get more New Yorkers to start taking the neighborhood seriously.”

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17 Searles Road
Exquisite millwork and architectural details define this light drenched generously scaled home in the heart of the private Tokeneke Association. This gracious stone and clapboard home was designed by renowned architect Nina Cuccio-Peck and built with today's luxury lifestyle in mind. Gourmet eat-in kitchen and spacious family room open to a private stone terrace. MBR suite offers a most serene retreat with stunning lagoon water views. Living in Tokeneke offers an unparalleled lifestyle with its meandering private roads, inlets and stonewalls. It's the perfect place for your family to enjoy association lobster bakes, cocktail parties and holiday gatherings.



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265 Thimble Island Road
Lifestyle & Luxury meet the sea in this 4 bedroom waterfront home with panoramic views of the Thimble Islands. This home embraces it’s surrounding & is the epitome of seaside elegance. The interior is caressed with charm & character. The walls of windows bring in the light of illuminating ocean sunrises & by evening the interior space is filled with picturesque evening sunsets. The lush side courtyard & wrap around deck both take on spectacular water views making this home the envy of the most rich & famous.

265 Thimble Island Road

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