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About Kips Bay Towers
Kips Bay Towers is a large two-building condominium complex in the Kips Bay neighborhood of Manhattan with a total of 1,118 units. The complex was designed by architect I.M. Pei in the contemporary brutalist style and completed in 1963. James Ingo Freed was also involved in the design. The complex occupies an area of three city blocks, or approximately 7.5 acres, bounded by First and Second Avenues and 30th and 33d Streets. The complex includes two residential high-rise buildings each with 20 floors. Additionally, there is a three-acre private garden between the two towers featuring landscaped lawns as well as recreational spaces. Kips Bay Towers is home to more than 4,000 residents. The project, originally known as Kips Bay Plaza, was conceived as a a middle-income rental project, but was converted to condominium apartments in the mid-1980s, despite controversy with holdout tenants. The project was originally built as a slum-clearance project under Title I of the Federal housing act of 1949. In November 1981, a plan to convert Kips Bay Towers into condominiums became effective, however, the conversion was bogged down in litigation.