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New Residential Developments
New Residential Developments
December 01, 2007 12:00AM
433 Warren Street
Sales are under way at Ore International s four-story, 13-unit condominium. Four units will have a pull-in driveway and parking garage. Prices range from $499,000 for a 650-square-foot one-bedroom to $1.495 million for a 1,634-square-foot four-bedroom. Occupancy is expected in spring 2008. The Developers Group is the exclusive sales and marketing agent. Contact: www.thedevelopersgroup.com.
375 Myrtle Avenue and 150 Clermont Avenue
BRP Development Corp. is building the 52-unit mixed-use condominium project, which will include 15,000 square feet of ground-floor retail. The one-, two- and three-bedroom homes are priced from the low $400,000s to the mid-$800,000s. Amenities include an exercise room, a common terrace, concierge and underground parking. Contact: www.brpdev.com.
185 India Street
NYBridge is developing the six-story, eight-unit condominium. The one- and two-bedroom homes range in size from 525 to 1,000 square feet, with prices running from $379,000 to $999,000. The pet-friendly homes have washer and dryer hookups, and many have working fireplaces. Completion is expected in spring 2008. Bond New York is the exclusive sales and marketing agent.
2601 Frederick Douglass Boulevard
BRP Development Corporation s project will have 16 market-rate units, four income-restricted homes and 4,300 square feet of commercial space. Prices for the one-, two- and three-bedroom homes range from the low $400,000s to the mid-$800,000s. Some units have private balconies and terraces; all residents have access to a landscaped common terrace. Coldwell Banker Hunt Kennedy is handling sales. Contact: www.striverswest.com.
Long Island City
47-05 Center Boulevard
Leasing has begun at Rockrose Development s 30-story, 394-unit residential building designed by Arquitectonica. The studio, one- and two-bedroom apartments range in size from 515 to 1,279 square feet. Amenities include a 10-seat screening room, fitness center, club room, bike storage and a 900-car garage. This project, ready for immediate occupancy, is the second of seven luxury towers Rockrose has planned for the 22-acre EastCoast development, slated for completion by 2012. Contact: www.rockrosenyc.com.
Long Island City
42-38 9th Street
Ekstein Development has started sales for the four-story, 57-unit condominium. Prices for the studio, one-, two- and three-bedroom homes start in the mid-$400,000s. Half of the units have private balconies, gardens, terraces or cabanas, and the building has more than 6,000 square feet of common courtyard space. Amenities include a gym, cold storage and 29-space parking garage. Contact: www.thefoundry.info.
53 Warren Street
Developer Soleimani Vella has named the Bracha Group the exclusive sales and marketing agent for the six-unit luxury condominium. Grzywinski Pons Architects designed the project, which consists of one-, two- and three-bedroom apartments starting at around $2.3 million. Occupancy is slated for late this year. Contact: www.elliman.com.
134 St. Marks Place
Sales are under way at JMD Capital s five-story, nine-unit condominium. Homes range in size from a 1,101-square-foot studio to 1,352-square-foot two-bedrooms. Prices start at around $535,000. Durukan Design is the interior designer. Occupancy is expected to begin in early 2008. The Developers Group is handling sales. Contact: www.thedevelopersgroup.com.
Upper West Side
235 West 71st Street
Developer Dominion Management Company has named Brown Harris Stevens the exclusive sales and marketing agent for the nine-story condo, which has one to three residences per floor. Mario Arbore designed the homes, which range in size from 1,930 to 4,761 square feet. Prices start at $3.8 million. Homes are available for immediate occupancy. Contact: www.brownharrisstevens.com.
304 Fifth Avenue
The 2,000-square-foot development site sold with plans for a 15-story, 19,920-square-foot mixed-use condominium building. The project will have ground-floor retail, commercial spaces on floors two through four, and residential units on the upper levels.
Upper West Side
Hudson Hill Condominium
462 West 58th Street
Construction and sales have begun at Alchemy Properties 67-unit luxury condominium designed by FXFowle Architects. The project s one-, two- and three-bedroom homes will range in size from 760 to 3,253 square feet. Prices run from $900,000 to $2.98 million. Amenities will include a video intercom system, recreation room and common outdoor patio. All five of the building s penthouses will have private rooftop terraces with Hudson River views. Contact: www.hudsonhillcondo.com.
245 10th Avenue
Hudson Realty Capital purchased a $9.33 million loan for Grasso Holdings acquisition of the 6,300-square-foot parcel. Plans call for the development of a 44,939-square-foot luxury condominium at the site. The project will contain 19 residential units and two ground-floor commercial units.
425 West 53rd Street
Chicago-based Corus Bank provided $93.5 million in construction financing to SDS Procida Development for the 85-unit, 204,400-square-foot luxury residential development. Palisades Financial provided secondary financing. The Smith-Miller + Hawkinson Architects-designed project will have simplex, duplex and triplex townhouses, and it will include underground parking and outdoor courtyards.
Upper East Side
200 East 66th Street
O Connor Capital Partners has closed on $750 million of senior financing from HSH Nordbank for the conversion of the 583-unit rental building into condominiums, GlobeSt.com reported. The financing follows O Connor s buy-out of partner Richard Kalikow. O Connor plans to invest $1 billion in the conversion. Prudential Douglas Elliman is the exclusive sales and marketing agent. Contact: www.manhattanhouse.com.
Flatiron Oculus Condominium
50 West 15th Street
Developer Alchemy Properties had sold 85 percent of the 10-story, 46-unit condominium as of early November. The project contains studio, one-, two- and three-unit residences ranging in size from 624 to 2,442 square feet, with prices running from $680,000 to $2.77 million. Completion is slated for summer 2008. Contact: www.oculuscondo.com.
Fifth on the Park
1496 Fifth Avenue
Half of the apartments had sold at the 28-story, 160-unit luxury condominium as of early November, within five months of sales. Prices range from $335,000 to $2.8 million. Amenities include an indoor lap pool, fitness center, concierge and an underground garage with valet service. The project will include an 1,800-seat church on the first five floors and 47 rental units to be owned by the Bethel Gospel Assembly Church. Occupancy is slated for summer of 2008. Griffin Real Estate is handling sales. Contact: www.griffinny.com.
Long Island City
The Crescent Club
41-17 Crescent Street
Sales have begun at the 17-story, 119-unit condominium conversion of a building that once housed the Greek daily newspaper Ethnikos Kirix. The building s one-, two- and three-bedroom residences are priced from the $300,000s. Andres Escobar is the interior designer. Thomas Balsley is the landscape architect for the project, which will have a contemporary patio, pool and putting green. Other amenities include an entertainment theater, health club, rooftop terrace and club room. Occupancy is expected to begin in summer 2008. Prudential Douglas Elliman is handling sales and marketing. Contact: www.crescentclublic.com.
Long Island City
50-09 2nd Street
Sales are under way at CGS Developers 177-unit luxury condominium conversion of a power station. The Karl Fischer-designed building has one-, two- and three-bedroom residences ranging in size from 600 to over 1,700 square feet. Prices begin at around $450,000. Amenities include a multifunctional social space and a fitness center with certified on-staff personal trainers. Occupancy is slated for July 2008. Prudential Douglas Elliman is the exclusive marketing and sales agent. Contact: www.thepowerhouselic.com.
The Setai, New York
40 Broad Street
Developers Zamir Equities and the Setai Group had sold 50 percent of the 30-story, 167-unit condominium as of late October. The studio, one-, two- and three-bedroom residences range in size from 475 to 3,424 square feet, with prices running from $775,000 to $6.75 million. Jean Michel Gathy of Denniston International Architects designed the conversion, which will have over 25,000 square feet of amenity space. Occupancy is slated for early 2008. The Marketing Directors Inc. is the exclusive sales and marketing agent. Contact: www.setainy.com.
The South Star
80 John Street
The 147-unit condominium conversion was over 85 percent sold as of late October. Architect Stephen Jacobs and interior designer Andi Pepper led the conversion of the 1926 Art Deco building, which will have one-, two- and three-bedroom apartments. WSA Management is developing the project. Corcoran Group Marketing is handling sales. Contact: www.southstarcondo.com.
441 East 57th Street
Architecture and development company Flank has reopened sales at the 15-story, seven-unit luxury condominium, hiring Brown Harris Stevens ID Marketing Group as the new exclusive sales and marketing agent. The project s two-, three- and four-bedroom apartments range in size from 1,650 to 3,390 square feet. Prices run from $2.795 to $7.1 million. Residents will have private storage space, one-year membership to Sports Club L.A. and daily home cleaning by the Lindquist Agency. Completion is slated for summer 2008. Contact: www.441east57.com.
505 West 47th Street
Sales have begun at LEV Parkview Developers two-building, 109-unit condominium. The developer is a partnership between Parkview Developers and the LEV Group. The seven-story development s 26 studios will be 400 square feet; the 61 one-bedrooms will range from 600 to 800 square feet; and the 22 two-bedrooms will span 1,000 square feet. Prices run from the low $400,000s to $1.5 million. The 84,000-square-foot project will have a 5,000-square-foot ground-level courtyard garden with a greenhouse, as well as common rooftop space. It will also have a fitness center and 24-hour concierge. Occupancy is slated for February 2009. Halstead Property and Nest Seekers International are the co-exclusive marketing and sales agents.
45 Park Avenue
SJP Residential Properties had sold over 90 percent of the 22-story, 105-unit condominium as of late October. The building features a health club, landscaped terrace and lounge, all of which will be Wi-Fi enabled. It will also include 16 parking spaces and two ground-floor medical offices. The Marketing Directors Inc. is the exclusive sales and marketing agent. Contact: www.45parkave.com.
80 Metropolitan Avenue
Sales have begun at Steiner Equities condominium project, which comprises a six-story, 114-unit building and nine three-story townhouses. The loft apartments range in size from 529-square-foot studios to 1,483-square-foot three-bedrooms. The three-bedroom townhouses span 2,038 to 2,361 square feet. Prices start at $395,000. Amenities include an indoor swimming pool, fitness center, yoga room and bike room. Occupancy is slated for early 2009. Contact: www.80metropolitan.com.