215 Chrystie is ready to reach the skies on theLower East Side, one of Manhattan’s fashionable neighborhoods. Swiss starchitecture firm Herzog & de Meuron, designed this modern, sleek hotel-condominium, and it was developed by hotelier Ian Schrager last year for $50 million. World-renowned John Pawson is the interior designer. The Swiss firm have also designed their new condo at 56 Leonard Street.

“We’ve been calling it a ‘tough lux,’ because the building is made out of very honest, authentic materials—concrete that’s used in a new and novel way,” he says in an interview with the NY Times. “You combine those materials with the refinement of the apartments and of the hotel, so it’s kind of a refined gritty.”

The prices will start at around $7 million for a two-bedroom, half-floor apartment. The higher the floor number, the higher the prices. The penthouse on the entire 32nd floor with a rooftop deck will be “in the twenties.”

Despite its eye-popping prices, eight of the building’s 11 condos have already sold. Fashion photographer Mario Testino, who purchased a three-bedroom apartment, is among the first owners. The anticipated 28-story building currently stands at two stories.

In addition to the 270 and 360 panoramic, sweeping view of Manhattan, rooms will also feature white oak floors. 215 Chrystie will have fully-equipped kitchens with stainless steel appliances and marble countertops.  Ceilings are 10’ tall, offering ample space for premier comfort. The bathrooms will have soaking tubs and rain showers. The tub is made from white concrete.

215 Chrystie's state-of-the-art bathrooms will feature sweeping views of Midtown Manhattan

To note, Schrager has also created several other buildings in New York City, such as the iconic Studio 54 nightclub in 1977, and the 40 Bond Street apartment building in Noho. Partnering up with Marriott, Schrager is currently expecting to complete one more Edition hotel in Times Square sometime in 2017. The Edition hotel on Madison Avenue just recently opened about a month ago.

Herzog & de Meuron are prestigious worldwide, responsible for designing the Tate Modern Museum in London and the Birds’ Nest, which was the main stadium used in the 2008 Beijing Olympics. One of their New York apartment buildings mentioned earlier, 40 Bond, is distinctively made up of a sunlight-friendly glass façade, and features a 22-foot high, 140-foot-long sculptural gate. The loft-building is futuristic and metallic in design, standing out from its neighbors on the block. 40 Bond also has concierge, housekeeping and room service. Residents have access to the fitness center and personal trainers, and even massage and spa services.

Completion for 215 Chrystie is estimated to be late 2016.