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| neighborhood profile |
| Midtown East and Sutton Place |
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| Sutton Place remains an enclave for the old-money
elite.. (Photo: Mark Jenkinsen) |
The basics: Moneyed empty-nesters
live alongside midtown working stiffs in virtually
every style of apartment (at every price range):
modern skyscrapers with floor-to-ceiling windows,
great prewars, brownstones. Few schools and a hike
to the subway keep the stroller set away. Wave to
Stephen Sondheim, whose townhouse
backs up to the legendary Turtle Bay gardens, or
high-five Derek Jeter, who bunks in Trump World
Tower.
Boundaries: From 42nd Street to 59th Street, from
Fifth Ave to the East River.
Borders: Gramercy
Park and Upper East Side
Subway stops: 6 to 51st Street;
E, V to 53rd Street |
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 OUTLOOK
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What's new: The stylish Grand
Beekman tower and the Beekman Regent, a converted schoolhouse,
located on opposite corners of 51st and First. Other
recent developments, like the ultraluxe Trump World
Tower, initially boosted prices here by about 10
percent, a phenomenon brokers say is settling down.
Bargain hunting: Head to First and Second
Avenues for the relatively low-priced studios and
one-bedrooms.
Prediction: Like the ultraconservative
portfolios of its residents, Sutton Place rarely
loses value. The humbler apartments in the brownstones
surrounding First Avenue have been more vulnerable
to price drops—but there’ll always
be buyers who want to be steps from the office.
— Profile from the March
10, 2003 cover story of New York Magazine
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| APARTMENT
PRICES |
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TO BUY
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2001
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2003
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| Studio/1BR |
$300K-$800K |
$180K-$750K |
| 2BR |
$550K-$1.5M |
$500K-$3M |
| Family
Apt. |
$1.6M-$9.5M |
$1.4M-$8.2M |
| Townhouse |
$2.5M-$8M |
$1.75M-$25.5M |
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TO RENT
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2001
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2003
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| Studio/1BR |
$3,000-$4,500 |
$1,500-$5,000 |
| 2BR |
$4,700-$8,500 |
$2,500-$7,500 |
| Family
Apt. |
$7,000-$15,000 |
$6,900-$20,000 |
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NEIGHBORHOOD
BROKERS
• Douglas
Elliman Neighborhood branch.
• Eychner
Associates
• ERJ Realty
• Tudor Realty
BEST CITYWIDE BROKER SITES
• Brown
Harris Stevens
• Douglas Elliman
• Corcoran
• Halstead
BEST CITYWIDE BROKER SITES
• Durst
• Irvine
Realty
• Tudor
Realty
• The
Metropolis
• Grand
Beekman
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COMPARE THIS NEIGHBORHOOD...
How good are the schools? How many violent crimes have taken place lately? How many pothole complaints have been filed? The city of New York has put the data online. Pour over stats and pit one neighborhood against another. Just fill out your address in the "My Neighborhood" box and select the topic of interest — schools, transportation, public safety, and more.
•
NYC.gov
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RELATED
FEATURES
• Best
of New York: Midtown East (Ongoing Updates)
• Real
Estate 2001: Midtown East (March 12, 2001)
THE SCENE
Dining
Box Tree:
Like Levy’s bread, you don’t have to be Jewish to like
this kosher restaurant. . . You’ll like it here
because it’s good.
250 East 49th St.; 212-758-8320 or boxtreerestaurant.com
Guastavino's
They could serve tuna casserole and you'd still be in
awe of one of NYC’s most spectacular urban spaces.
409 E. 59th St.; 212-980-2455 or guastavinos.com
Jimmy's
Downtown: The sexy intimacy of Jimmy
Rodriguez's newest attracts grown-ups on the prowl.
400 E. 57th St.; 212-486-6400
Le Perigord:
A Sutton Place landmark of old-world French cooking.
405 E. 52nd St.; 212-755-6244 or leperigord.com
Lever
House: Marc Newson's edgy design puts a
twenty-first-century spin on Gordon Bunshaft's idea of
modern, a fine fit for chef Dan Silverman's grown-up,
smartly seasoned food.
390 Park Ave.; 212-888-2700
L'Impero:
With a sophisticated Vicente Wolf design and signature
dishes like duck-and-foie gras agnolotti, L'Impero
always draws a crowd.
45 Tudor City Pl; 212-599-5045
Ola:
Never trust a skinny chef—that’s our motto. But we’ll
make an exception for seviche king Douglas Rodriguez.
304 East 48th Street; 212-759-0590
Pampano:
Gourmet tenor Placido Domingo has had less success as a restaurateur
than as an opera singer, but with his latest partner Maya's Richard
Sandoval and concept coastal-Mexican seafood, he's completely
reinvented the skylit Turtle Bay duplex formerly known as Domingo.
209 E. 49th St.; 212-751-4545
Zarela:
Zarela Martinez's fierce pride in her country's
cuisine is backed up by fiery bravado in the kitchen.
953 Second Ave.; 212-644-6740 or www.zarela.com
More Midtown East
Restaurants
Nightlife
Cherry:
The younger, cooler sister to the Wet Bar at the W
Doral hotel around the corner.
W Tuscany Hotel120 E. 39th St.; 212-254-1200
Morgans
Bar: Tony and cavernous hotel bar perfect for
adulterous, champagne-lubed tete-a-tetes.
Morgans
Hotel, 237 Madison Ave.; 212-726-7600
P. J.
Clarke's: The ghost-ridden saloon has
modernized, but the details remain the same.
915 Third Ave.; 212-317-1616 or pjclarkes.com
Villard Bar and
Lounge: A great place for secret business
meetings, romantic liaisons, and any otherone-on-one
gatherings that require extreme discretion.
New York
Palace Hotel, 24 East 51st St.; 212-303-7757
Waterfront Ale
House: A sublime combination of the haute and
the down-home.
540 Second Ave.; 212-696-4104 or waterfrontalehouse.com
World Bar:
Everything from the back-lit marble bar to the petrified-wood tables
reeks of luxury not to mention of Trump. And then, naturally, there's
the World Cocktail, formerly known as the World's Most Expensive Cocktail.
845 United Nations Plaza in the Trump World Tower; 212-935-9361
More Midtown East
Bars
Shopping
Argosy Book
Store: This esteemed shop has lots of old
books, prints, autographs, and maps you won't find
anywhere else.
116 E. 59th St.; 212-753-4455 or argosybooks.com
Bloomingdale's:
There are hundreds of brands to browse through in this one-stop shop
for everything from cosmetics and clothing to luggage and furniture.
1000 Third Ave. at 59th St.; 212-705-2000 or bloomingdales.com
Bridge
Kitchenware: The Manhattan restaurant business
might grind to a halt without this store.
214 E. 52nd St.; 212-688-4220 or bridgekitchenware.com
Conran Shop: British design guru Sir Terence
Conran’s home-furnishings emporium, nestled under the
59th Street Bridge, is loaded with deliciously
colorful, streamlined upholstered sofas, chairs,
tables, and endless fidget-friendly accessories.
407
E. 59th St.; 212-755-9079
Saks Fifth
Avenue: Saks is the least high-and-mighty of
the top-end department stores -- salespeople are
helpful, and there's stuff for all budgets.
611 Fifth Ave.; 212-753-4000 or saksfifthavenue.com
More Midtown East
Stores
RECOMMENDED SITES
Weekly Crime Stats (in PDF format)
Precinct
17,(Turtle Bay, Tudor City, Murray Hill, Gramercy Park, Peter
Cooper Village, Stuyvesant Town): 167 E. 51st St., 212-826-3211
If
You're Thinking of Living in Sutton Place: (New York
Times, Registration Required) |
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