The Savoy (111 East 85th Street)

The roughly 160 apartments are distributed across thirty stories in the regular, repeating floor plates characteristic of 1971 high-rise construction. Postwar towers of this scale typically present a clear menu of one-, two-, and three-bedroom lines that recur from floor to floor, simplifying internal comparison — a real benefit when pricing an apartment against its own building.

Postwar signatures to expect: efficient rectangular rooms with the minimal wasted space Birnbaum was known for, generous closet provisioning, and large windows that, on the upper floors of a thirty-story tower, deliver genuinely open light and city views in multiple directions. The building's height is its architectural calling card — upper-floor apartments enjoy exposures that the surrounding pre-war fabric simply cannot match, and the roof terrace extends that outlook to every resident.

Condition varies across a building of this size and age; renovated and original apartments coexist, and buyers should assess each apartment's line, exposure, floor altitude, and renovation history individually.

The Savoy operates as a full-service postwar cooperative with a 24-hour doorman and concierge, valet service, and a live-in resident manager. The amenity package is the building's competitive edge: an on-site garage reachable directly from the lobby, an expansive landscaped roof terrace with 360-degree views across the Manhattan skyline, a bike room, private storage, and on-site laundry. The roughly 160-unit scale supports professional staffing and spreads fixed operating costs across a large shareholder base, which tends to keep carrying charges competitive.

On building rules, two facts matter to most buyers and sellers: the building is pet-friendly, and there is no flip tax — a notable advantage that improves seller economics and is frequently highlighted in the building's resales. Postwar co-op boards of this profile are generally somewhat more flexible on financing and subletting than their pre-war counterparts.

Sales context at The Savoy:

• Turnover is steady given the roughly 160-unit scale — a building this size supports an active and useful internal comparable set across multiple apartment sizes.
• Pricing reflects the postwar Carnegie Hill tier: meaningfully more accessible per square foot than the surrounding pre-war cooperatives, with upper-floor view apartments commanding the building's premium and lower floors anchoring the accessible end.
• The absence of a flip tax improves net proceeds on every sale relative to buildings that levy one.

Light, views, and amenities are the postwar advantage. A thirty-story tower on a low-rise block delivers exposures the pre-war neighbors cannot, and the garage and roof deck are genuine differentiators in Carnegie Hill.

No flip tax and a pet-friendly policy. Both improve the practical economics and livability versus much of the surrounding inventory.

Carnegie Hill location, postwar flexibility. A prime block one stop from Central Park, with a generally less restrictive board posture than the pre-war cooperatives nearby.

Floor altitude drives pricing. In a tall tower, the difference between low and high floors is substantial; weigh it carefully.

Condition varies by apartment. Budget for apartment-specific assessment across a 160-unit postwar building.

Lead with the roof deck, the garage, and the no-flip-tax economics. These are the building's clearest competitive edges against pre-war inventory and against postwar peers that carry a transfer fee.

Line- and floor-specific comparables are decisive. With recurring floor plans across thirty stories, same-line and adjacent-floor trades are the cleanest pricing evidence.

Highlight the Carnegie Hill address and Central Park proximity. Buyers searching the neighborhood will weigh The Savoy against pre-war alternatives; the location parity is a selling point.

Closing timelines are co-op standard — generally six to ten weeks from contract to closing.

If you're considering The Savoy, also evaluate:

• the Lucida (151 East 85th Street) — modern full-service building on the same block
• 205 East 85th Street — nearby Carnegie Hill elevator building
• 35 East 85th Street — nearby Carnegie Hill cooperative
• 64 East 86th Street — nearby Carnegie Hill full-service building
• the Kent (200 East 95th Street) — full-service Carnegie Hill building
• 1100 Park Avenue — nearby Carnegie Hill pre-war co-op

The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. We publish this building profile because Carnegie Hill buyers and sellers deserve building-specific intelligence — operations, board culture, transactional mechanics, and pricing at the apartment level — not generic market commentary.

If you're considering a purchase or sale at The Savoy, a 30-minute consultation is the right starting point.