The Real Deal New York

New residential developments


November 03, 2008

Brooklyn Heights

The Standish

169 Columbia Heights

Taurus Investment Holdings’ 12-story, 94-unit building will have studios to three-bedrooms from 500 to 2,500 square feet. Monthly rents range from $2,200 to $5,900 for studios, one- and two-bedrooms and $7,200 to $15,000 for larger apartments. The building, formerly owned by the Jehovah Witnesses’ Watchtower Bible and Tract Society, was sold to Taurus in December. Halstead Development Marketing is the exclusive marketing firm. Contact: www.halsteadpdm.com.

Brooklyn Heights

314 Hicks Street

The five-story, 4,400-square-foot townhouse is slated for completion in the fall of 2009. It will have five bedrooms, five bathrooms and an elevator. The townhouse is listed at $6.2 million. Deanna Kory of the Corcoran Group is the exclusive sales and marketing agent. Contact: www.stateandhicks.com.

Chelsea

124 West 23rd Street

Anbau Enterprises plans to construct a 16-story, 34-unit green condominium. The units will range in size from 600-square-foot studios to 2,400-square-foot penthouses. BKSK Architects will design the building, and Andres Escobar & Associates will handle the interior design. The building will have a community garden and recreation area, as well as 4,000 square feet of retail space.

Sales update

East Harlem

Conrad

342 East 110th Street

Sales at the David Marks Development Group’s eight-story project began early last month. The 35 units range in price from $399,000 to $560,000. Sizes range from 610 to 860 square feet. Amenities include a 2,200-square-foot garden, an outdoor lounge area with a hot tub and spa, and a gym. Occupancy is expected to start in January 2009. The Corcoran Group is the exclusive sales and marketing agent. Contact: www.conradcondominium.com.

Gramercy Park

57 Irving Place

Sales began at Madison Equities’ new development. The building features nine units, and residents can choose among townhouses, duplex penthouses or full-floor residences. Residences start at $6.75 million. Amenities include outdoor space, a 24-hour lobby attendant, a cold storage room, private bicycle storage spaces and access to the private Gramercy Park through membership in the Players Club. Occupancy is expected to begin in the first quarter of 2009. The Corcoran Sunshine Marketing Group is the exclusive sales and marketing agent. Contact: www.57IrvingPlace.com.

Harlem
Observatory Place

2021 First Avenue

Move-ins began at the 11-story, 38-unit condominium with a green design. The building was more than 50 percent sold as of last month. The studios and one-, two- and three-bedrooms range from 500 to 1,385 square feet, and prices begin in the $300,000s. The building was developed by a partnership of architect Gary Silver and Silverpoint Builders. Warburg Marketing Group is the exclusive sales and marketing agent. Contact: www.observatoryplacenyc.com.

Sheepshead Bay

Bay Breeze

3165 Emmons Avenue

Sales began at the three-story, 43-unit building last month. Condominiums range from 500-square-foot studios to 1,700-square-foot penthouses. Ninety percent of the units have private outdoor space. Prices start in the low $200,000s, and penthouses are in the $800,000s. Amenities include a concierge and doorman service, garage parking and an intercom with audio and video displays. Fillmore Real Estate is the exclusive sales agent. Contact: www.thebaybreeze.com.

Sunset Park

One Sunset Park

702 44th Street

Sales started last month at the condo conversion of a prewar rental. The six-story building has 54 units with 21 residences available for sale, ranging in price from $300,000 to $585,000. Apartment sizes run from studios to two-bedrooms, some with a windowed study, ranging in size from 562 to 1,114 square feet. Units were gut renovated and updated with high-end appliances and finishes. Amenities include a fitness center, landscaped garden and basement storage. The project is a joint venture of Paul J. Klausner/Continuum Development Corporation and Sierra Realty Corp. Halstead Property Development Marketing is the exclusive sales and marketing agent. Contact: www.onesunsetpark.com.

Tribeca

Zinc

475 Greenwich Street

Developers Douglaston Development and Montagu Square Development have released the final penthouse at Zinc, the 21-unit, seven-story building, for sale. The penthouse is a 2,767-square-foot, four-bedroom, three-and-a-half-bath duplex loft with a terrace and was listed for $5.5 million. The penthouse can also be combined with an 885-square-foot loft. Amenities at the building include a fitness center and refrigerated storage. Greenberg Farrow Architects designed the building. The Corcoran Sunshine Marketing Group is the exclusive marketing and sales agent. Contact: www.zincbuilding.com.

West Village

397 West 12th Street

Two of the five raw loft condominiums at developer and architect Cary Tamarkin’s 10-story building, where sales began in late July, are under contract. The units range from 2,826 to 6,409 square feet and start at $5 million. Residents will have access to an oversized elevator and private storage. Sotheby’s International Realty is the exclusive sales and marketing agent. Contact: www.397W12.com.

Williamsburg

Two Northside Piers

4 North 5th Street

Sales at the Two Northside Piers luxury condominium began in
late September. The building, part of a three-tower, mixed-use project, is being developed by Toll Brothers City Living, RD Management and L&M Development Partners. The 30-story building has 270 studio, one-, two- and three-bedroom apartments with prices from $349,990 to $2.9 million. Interiors will be designed by Stephen Alton. Amenities include a concierge, refrigerated storage for fresh food deliveries, an indoor pool and a children’s playroom. Contact: www.northsidepiers.com.

Williamsburg

Nforth

161 North 4th Street

Sixty percent of the 37 residences in NForth were sold out as of early September. The building, designed by Karl Fischer and interior designer Andres Escobar, has studios, one- and two-bedrooms, with prices starting at $375,000. Residents have access to a lounge, fitness center, landscaped common backyard, storage and private parking. The Developers Group is the exclusive sales and marketing agent. Contact: www.thedevelopersgroup.com.

Williamsburg

Steelworks Lofts

76 North 4th Street

Sales at Fifth Square Partners’ Steelworks Lofts began last month. The 88-unit building designed by AvroKO has studios through three-bedrooms starting at $495,000. Amenities include outdoor communal kitchens, a stone fire pit, a library and a fitness center. Halstead Property is the exclusive marketing and sales agent. Contact: www.thesteelworkslofts.com.

Construction update

Brooklyn Heights

45 State Street

The four-story, 3,430-square-foot townhouse, with interior design by Gordon Kahn, is slated
for completion in November. It will have three bedrooms and three bathrooms and will include a garage and two terraces. The townhouse is listed at $4.25 million. Deanna Kory of the Corcoran Group is the exclusive sales and marketing agent. Contact: www.stateandhicks.com.

Carroll Gardens

Satori

340 Bond Street

Occupancy at Satori, a four-story, 34-unit building, is expected to begin in late 2008. The building, with interiors by Hadas Design, is inspired by Japanese design. Units are studios, one- and two-bedroom residences and range in size from 486 to 1,216 square feet. Prices start at $470,000. Residents will be able to choose from optional parking spaces, private garage parking and rooftop terraces. The Developers Group is the exclusive marketing and sales agent. Contact: www.thesatoricondos.com.

Midtown East

Alexander Plaza

315 East 46th Street

Developer Continental Finance Corporation’s 25-story condominium tower is under construction and scheduled to open in 2010. The 52 units range from one- to three-bedrooms. The building was designed by Sydness Architects and features a triangular entry plaza and glass walls within apartments. Amenities include garage parking, a fitness center, storage and a residents’ lounge. The Corcoran Group is the exclusive sales and marketing agent. Contact: www.alexanderplazany.com.

Upper East Side

Georgica
305 East 85th Street

Developer Ascent Group’s 20-story condominium topped off in early September. The building will have 58 two-, three- and four-bedroom residences ranging in size from 1,237 square feet to 3,000 square feet. Prices start at $1.75 million. The Cetra/Ruddy-designed building is 30 percent sold and is expected to be completed in 2009. Contact: www.georgicalife.com.

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