Alchemy-ABR Investment Partners announced that 288 East 88th Street, a new 24-story luxury residential rental building has officially topped out at approximately 350 feet.
Located at the southwest corner of East 88th Street and Second Avenue, the Hill West Architects-designed tower will feature 45 residences, oversized picture windows and a soft gray facade that complements the neighborhood’s architectural charm.
Leeding Builders Group is serving as the general contractor for the project, which is expected to open to residents in 2026.
“We’re excited to reach this important milestone at 288 East 88th Street and bring a refined residential experience to the Upper East Side,” said Ken Horn, president and co-founder of Alchemy-ABR. “The building will offer thoughtfully designed homes and striking city views, all within one of Manhattan’s most established neighborhoods.”
Alchemy-ABR is developing the project in partnership with Carlyle Group. Additional partners include RC Structures, as well as legal advisors SSRGA, Kramer Levin, Simpson Thacher and Fried Frank. The financial team includes lenders Affinius Capital and Bank OZK, and Walker Dunlop.
Amenities at 288 East 88th St. will include a fitness center, a multipurpose sports court, a children’s playroom, a media/gaming room, a coworking space, and a roof terrace.
