171 East 86th

Queens developer ZD Jasper expands into Manhattan with a new Upper East Side condo project at 171 East 86th Street. The 16-17 story, 25-unit building, designed by Archimaera, will feature two units per floor up to the 11th floor, then transition to full-floor units. Most units will have three or four bedrooms. ZD Jasper acquired the site from Extell Development for $29 million, after a dispute with Papaya King was settled. Rising construction costs and post-Covid challenges have limited new condo opportunities in NYC.