Condominium
The Morgan
34–38 East 35th Street, New York, NY 10016
Buildings·Condominium

The Morgan

34–38 East 35th Street, New York, NY 10016

At a glance
Type
Condominium
Landmark
No
Amenities
Full amenity floor — fitness center, yoga studio, spa with sauna and steam, coworking rooms, private dining room, residents' lounge, and "The Conservatory" event space with courtyard access; 24-hour attended lobby, concierge, on-site management

The Morgan is a ground-up condominium rising on a tree-lined Murray Hill block, taking its name and its cue from its neighbor, the Morgan Library & Museum — Pierpont Morgan's McKim, Mead & White landmark directly adjacent. Developed by Continuum Company and Aksoy Holding with design by INC Architecture & Design, it is an 18-story building of 137 residences engineered to bring new-construction condominium product to a neighborhood long dominated by prewar co-ops and post-war rentals. On a corridor where new condominiums are genuinely scarce, that alone distinguishes it.

The building's argument is the combination of address, design, and amenity depth. Murray Hill between Park and Madison is among the quietest, most central residential pockets in Midtown — minutes from Grand Central, the Park Avenue spine, and the East Side's transit grid, yet set on a low-rise, landmark-adjacent block. The Morgan layers onto that a contemporary bronze-toned façade, generous ceiling heights, and a full floor of amenities scaled well beyond what the neighborhood's older stock offers.

For buyers, the appeal is specific: a brand-new condominium — with the financing latitude, ownership flexibility, and resale liquidity a condominium provides — dropped beside one of New York's great cultural landmarks, in a neighborhood where almost everything else is a co-op with a board.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

What to know if you’re selling

The condominium structure and new construction are the marketing core. New-condominium scarcity in Murray Hill, a landmark-adjacent address, a marquee design office, and a deep amenity floor are durable differentiators that set a resale here apart from the prewar co-op and post-war rental stock around it.

Benchmark to new and recent condominiums, not the prewar neighbors. Comparable analysis for a resale belongs against the newest condominium inventory in Murray Hill, NoMad, and eastern Midtown South — adjusted for floor, exposure, and outdoor space — rather than the surrounding co-ops.

Closing mechanics are condominium-standard. A resale clears through a right-of-first-refusal rather than a co-op board process, with predictable condominium timelines — itself a selling point to the financing- and flexibility-minded buyer this building attracts.

Early resales trade on scarcity. With a finite residence count and the first owners just taking title, available inventory will be thin; a well-positioned resale benefits from the building's debut pricing and the limited supply of comparable new product nearby.

Comparable buildings

If you're considering The Morgan, also evaluate nearby Murray Hill and Midtown South inventory:

The Roebling Team at The Morgan

The Roebling Team at Compass specializes in Murray Hill, NoMad, Gramercy, and the broader Midtown South condominium market. We publish this profile because buyers and sellers evaluating new construction deserve building-specific intelligence — the design, the ownership structure, the amenity program, and where the pricing sits against the new-condominium set.

If you're considering a purchase at The Morgan, a 30-minute consultation is the right starting point — we'll walk the plan, the pricing, and the comparison set with you.

Considering a move at The Morgan?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com