The Real Deal New York

Posts Tagged ‘stahl organization’

  • 388 Bridge Street in Downtown Brooklyn (Credit: Brownstoner)

    388 Bridge Street in Downtown Brooklyn (Credit: Brownstoner)

    The Stahl Organization has released prices for its 144 condominiums at its 53-story, 378-unit hybrid tower at 388 Bridge Street, currently the tallest residential building in Brooklyn. The smallest one-bedroom condo will hit the market asking $730,000, while the priciest four-bedroom penthouse will ask just shy of $6 million, according to the developer. The building will house rentals and condos. [more]

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  • 388-bridge

    388 Bridge Street in Downtown Brooklyn (via Brownstoner)

    UPDATED, 2:49 p.m., Dec. 20: The Stahl Organization is now leasing at its 53-story, 378-unit condominium-and-rental tower at 388 Bridge Street, currently the tallest residential building in Brooklyn, according to the developer. [more]

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  • LIC’s L Haus sells out

    February 19, 2013 01:00PM

    Jennifer Dorfmann, director of sales at Modern Spaces and L haus listing broker, and the L haus

    Long Island City’s L Haus condominium is now sold out — a little more than a year after the Stahl Organization switched marketing teams, replacing Prudential Douglas Elliman with Modern Spaces, the developer announced today.  [more]

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  • From left: renderings of Three Northside Piers, 388 Bridge Street and 88 Willoughby Street

    As space for residential development dwindles in Manhattan, developers are turning to Brooklyn, the Wall Street Journal reported, but they must be careful if they want to appeal to the different sensibilities of Brooklyn renters.

    Citing a report by Nancy Packes, a consultant to some of the city’s largest developers, the Journal said 14,000 new residential units are being planned for Brooklyn in the coming years, compared to just 5,000 in Manhattan. [more]

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  • Jennifer Dorfmann, director of sales at Modern Spaces and L haus listing broker, and the L haus

    Stahl Organization replaced the Prudential Douglas Elliman team that marketed the L haus condominium in Long Island City with Modern Spaces. Stahl revealed the switch today with the launch of the condo’s new website, but Modern Spaces’ Jennifer Dorfmann and Tonia Moore officially took over the sales effort Jan. 1.

    In more than three years at the helm, Elliman sold about 60 percent of the 122 units in the L haus, located at 11-02 49th Avenue. [more]

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  • Later this month the Landmarks Preservation Commission will hear the Stahl Organization’s “hardship application” case for razing a designated apartment building along York Avenue and replacing it with new residential development, DNAinfo reported.

    In its application to the LPC, submitted in September, Stahl claims more than 100 of the 190 units in the building, at 429 East 64th Street, are vacant, and it would cost $2 million to get those apartments in shape for tenants. [more]

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    From left: Rendering of 388 Bridge Street and 88 Willoughby Street
    The Brooklyn skyline continues to grow, as two planned towers are vying for the title of tallest building in the borough, according to the Wall Street Journal, after the mark was set last year by Equity Residential and the Clarett Group’s the Brooklyner.

    Early next year, the Stahl Organization will break ground on a 590-foot residential tower, at 388 Bridge Street in Downtown Brooklyn, that would surpass the height of the Brooklyner, at 111 Lawrence Street, by 76 feet. That building was the first to rise taller than the Williamsburgh Savings Bank Tower, which was built more than 80 years ago to 512 feet tall. … [more]

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  • Cartoon creator buys at the Laureate

    September 13, 2011 05:51PM

    Just one month after Eric Weiner, the co-creator of bilingual cartoon character “Dora the Explorer”, sold his apartment at Extell Development’s Ariel West at 245 West 99th Street, he has picked up a 3,326-square-foot unit at the Laureate, a new luxury condominium at 2150 Broadway.

    According to the New York Observer, the five-bedroom, 4.5-bath home was listed by Brown Harris Stevens agent Shlomi Reuveni for $8.8 million. It was not immediately clear if Weiner had paid the full listing price.

    The apartment features a master bedroom with his-and-hers walk-in closets, a private balcony, a library and a “great room.”

    The Stahl Organization’s the Laureate has been experiencing strong sales activity. Having opened in February of this year, 32 of the building’s 71 units are already closed and 26 are in contract, according to Streeteasy.com. Its three-to-seven-bedroom units range in price from $2.5 million to $11 million. [Observer]

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  • alternate text
    L haus’ exterior, interior and rooftop and Elliman’s Karen Mansour

    Long Island City’s L haus condominium reached the all-important 51-percent-sold milestone, opening the doors for new financing and buying options. As The Real Deal previously reported, selling 51 percent of units has become a sort of “magic number” since the downturn because it allows for a special Fannie Mae waiver that gives buyers better mortgage rates. Moreover, it’s typically the threshold needed to ease institutional lenders’ financing fears for prospective buyers. But prospective buyers at the 122-unit L-shaped condo at 11-02 49th Avenue gain another purchasing option with the milestone: the ability to buy penthouse units that the Stahl Organization, which developed the building, put on the market upon reaching the sales threshold. TRD[more]

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  • The Laureate, a penthouse at the building and Shlomi Reuveni of Brown Harris Stevens Select (illustrations by Dbox)

    The Stahl Organization’s the Laureate hit the market at 2150 Broadway just six weeks ago, but the Wall Street Journal has already declared the property the “top-selling new luxury condo” in Manhattan. The 20-story, Beaux-Arts project, whose three-to-seven-bedroom units range in price from $2.5 million to $11 million, has accounted for almost one-quarter of the 103 signed contracts above $4 million since sales launched there Feb. 28, according to Donna Olshan, who tracks high-end apartment sales at her residential brokerage, Olshan Realty. On average, condos at the SLCE Architects-designed building, at 76th Street, are going for $6 million, or $2,350 per square foot — twice the current average per-square-foot price of new Upper West Side condos…. [more]

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  • The Laureate, penthouse unit C3 and Shlomi Reuveni of Brown Harris Stevens Select

    The Laureate, at 2150 Broadway, opened for sales this week, according to its developer, the Stahl Organization, and Brown Harris Stevens Select, the exclusive marketing team headed by executive vice president Shlomi Reuveni. The 20-story, 70-unit condominium is already 23 percent sold, with 16 residences purchased and several more units in contract. The building — on the corner of 76th Street and Broadway — was designed by SLCE Architects and Deborah Berke & Partners Architects. The Laureate consists mainly of three- to seven-bedroom units, ranging from 1,700 square feet to over 4,000 square feet. TRD[more]

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