Revamped Philip House Lists New Condos
The 141 East 88th Street Philip House was built in the 1920s and has been an antique upper-class apartment building for years until it was acquired by the Cheshire development group which has transformed more than 100 of its rental apartments into luxury condominiums.
The new condos for sale are actually “maisonettes” that are directly connected to the building’s entrances and enjoy large private terraces, state-of-the-art kitchens with Belgian blue-stone countertops, marble bathrooms, and light oak flooring throughout.
The $50 million renovation project on the 11-story building has been quite extensive with such changes as relocating the main entrance from Lexington Avenue to 88th Street as well as expanding several units to meet the preferences for potential buyers looking to actually stay and raise families.
Cheshire has even redesigned the Philip House with a decor that could be described as a hybrid of contemporary luxury mixed with country flair, which adds to their “family friendly answer to Upper East Side living” idea. In addition, the building features a rooftop terrace, a game room, a separate playroom for young children, and a fitness center, not to mention a 24-hour doorman and plenty of storage facilities—which its future residents will surely appreciate.
Cheshire acquired the property in 2011 and its major renovations are reminiscent of their previous development project back in 2009 with the Devonshire House. That venture received plenty of accolades and went on to sell to notable celebrities, among them actress Amanda Seyfried and actor Alec Baldwin.