Sky Equity Group has reached the structural topping out of its condominium development at 260 E. 72nd St. on Manhattan’s Upper East Side, marking a key construction milestone for the New York City-based firm. The project will deliver 60 condominium residences and represents Sky Equity Group’s first condominium undertaking in Manhattan.
The development positions the company more firmly within Manhattan’s luxury condominium segment, an area it has identified as a strategic focus. Sky Equity Group, founded by CEO Simon Dushinsky, is overseeing the project following a corporate restructuring and recapitalization completed in 2024.
As part of the rollout plan, sales at 260 E. 72nd St. are scheduled to launch this fall. Douglas Elliman Development Marketing has been engaged to handle the marketing and sales program for the 60-unit property, aligning the development with an experienced residential sales platform active in the Manhattan condominium market.
Dushinsky described the topping out as an important moment in Sky Equity Group’s expansion in Manhattan, emphasizing a focus on long-term value and quality in the company’s residential portfolio. He noted that the development is intended to reflect a commitment to durable design, careful architecture, and strong construction standards, with the goal of delivering homes positioned to perform over time.
The project underscores Sky Equity Group’s broader strategy of growing its presence in what it views as some of the country’s most dynamic residential markets. By adding a Manhattan condominium property to its pipeline, the company is extending its reach in a competitive segment that continues to attract both local and global buyers.
The site at 260 E. 72nd St. was previously under the direction of Chetrit Group before Sky Equity Group assumed the role of lead developer. That transition followed the 2024 restructuring and recapitalization, which realigned the development’s sponsorship and capital structure and paved the way for Sky Equity Group to move the project through construction.
With the building now topped out, the next phase of work will focus on completing the building’s exterior and interior spaces in advance of the planned sales launch this fall. The combination of an Upper East Side location, a defined unit count, and a dedicated marketing partner positions the project as a notable addition to the current pipeline of for-sale residential product in Manhattan.
