138 East 50th Street

Residential skyscraper in Manhattan, New York September 2025 August 2019 The Centrale Complete 138E50thNYC.jpg Seen on May 24, 2019 138 East 50th StreetManhattan, New York yes 40.75590 -73.97190 type:landmark_region:US-NY dms inline,title 2016 2019 Residential 803 ft m on 64 220,639 sqft m2 Pelli Clarke Pelli Ceruzzi Properties, SMI USA 138 East 50th Street, officially named The Centrale, is a residential building in Midtown Manhattan, New York City.Pelli Clarke Pelli-Designed 138 East 50th Street Nears Full Completion In Midtown East, Manhattan https://newyorkyimby.com/2018/12/pelli-clarke-pelli-designed-138-east-50th-street-nears-full-completion-in-midtown-east-manhattan.html Young Michael December 13, 2018 New York Yimby The building consists of 124 condominium residences and 7,500 sqft m2 of ground-floor retail between Third Avenue and Lexington Avenue in Midtown East. The developers planned to sell the condominiums for a total of $535.7 million, or an average of $4.3 million per unit.https://therealdeal.com/2018/05/02/ceruzzis-midtown-condo-will-launch-sales-at-projected-536m-sellout/ Ceruzzi's Midtown condo will launch sales at projected $536M sellout Parker Will The Real Deal May 2, 2018 History thumb|left|Under construction in 2017 Extell Development Company purchased the site in January 2012 for $61 million and sold it to Ceruzzi Properties in August 2014.https://newyorkyimby.com/2014/06/permits-filed-138-east-50th-street.html Permits Filed: 138 East 50th Street New York Yimby Fedak Nicolai June 18, 2014 Initial plans filed in June 2014 indicated the building would be a 52-story, 502 ft m hotel with 764 rooms designed by SLCE Architects. However, renderings revealed in September 2015 showed the tower would be a 64-story, 803 ft m condominium tower.https://newyorkyimby.com/2015/09/revealed-138-east-50th-street-803-foot-tall-midtown-condo-tower-designed-by-pelli-clarke-pelli.html Revealed: 138 East 50th Street, 803-Foot-Tall Midtown Condo Tower Designed By Pelli Clarke Pelli Fedak Nikolai New York Yimby September 9, 2015 In 2015, the developers secured a $65 million loan on the development's land from Industrial and Commercial Bank of China.https://commercialobserver.com/2020/02/ceruzzi-nabs-350m-condo-inventory-refi-from-korean-lender/ Ceruzzi Nabs $350M Condo Inventory Refi From Korean Lender Commercial Observer February 20, 2020 Burke Mack Construction began in mid-2016 and topped out during November 2017.https://newyorkyimby.com/2017/11/pelli-clarke-pelli-designed-138-east-50th-street-tops-out-at-800-midtown-east.html Pelli Clarke Pelli-Designed 138 East 50th Street Tops Out At 800, Midtown East Fedak Nikolai New York Yimby November 22, 2017 In August 2017, the developers received a $300 million construction loan from Madison Realty Capital.https://therealdeal.com/2017/08/02/ceruzzi-scores-300m-construction-loan-for-midtown-east-luxury-condo/ Ceruzzi scores $300M construction loan for Midtown East luxury condo The Real Deal Hiten Samtani August 2, 2017 The building was completed in early 2019.https://newyorkyimby.com/2019/05/scoping-out-views-as-sales-launch-for-the-centrale-aka-138-east-50th-street-in-midtown-east.html Scoping Out Views As Sales Launch For The Centrale, Aka 138 East 50th Street, In Midtown East New York YIMBY Young Michael May 21, 2019 May 21, 2019 In February 2020, Korean firm Meritz Securities provided a $350 million inventory loan against the building's remaining unsold condominiums. See also List of tallest buildings in New York City References External links https://thecentralenyc.com/ The Centrale at the Skyscraper Center Category:2019 establishments in New York City Category:2010s in Manhattan Category:César Pelli buildings Category:Midtown Manhattan Category:Residential buildings completed in 2019 Category:Residential condominiums in New York City Category:Residential skyscrapers in Manhattan