NYC real estate in brief

June 03, 2009 12:52PM

Battery Park City’s Visionaire receives Platinum LEED certification
The
Visionaire, the Albanese Organization’s latest green residential
development in Battery Park City, has received Platinum LEED
certification from the U.S. Green Building Council, making it the only
LEED Platinum condominium on the East Coast. The 35-story, 247-unit
building was designed by Pelli Clarke Pelli Architects and construction
was completed last fall. It features a rooftop garden that harvests
rainwater for irrigation of the garden, a central heating and cooling
system powered by natural gas, and solar panels which harvest a portion
of the building’s electric output.

Auction planned at the Beacon in Jersey City
Sheldon Good & Company will auction off 25 one- and two-bedroom condos at the
Beacon in Jersey City June 27, according to the project’s developer Metrovest
Equities. Suggested opening bids will range from $150,000 to $250,000
for units originally priced from $380,000 to $700,000. According to
George Filopoulos, president of Metrovest, the auction will
help finish out the first phase of sales at the building, which is currently about 80
percent sold and occupied. “The auction will cut months off of our
current marketing program, resulting in considerable savings that will
be passed on to the buying public through discounted pricing,” said
Filopoulos.

Prodigy to buy NYC and Miami properties for investors

Real
estate firm Prodigy International has launched Prodigy Network, a
company to purchase condominiums for international investors. The company
plans to initially purchase $100 million worth of new condo units in
New York and Miami on behalf of investors located in Latin America,
Europe and Asia. “Prodigy Network is currently considering inventory
from developers and exclusive brokers. We have lined up a pool of
international investors … in order to take advantage of the
opportunities available in the current market,” said Rodrigo Nino,
founder and president of Prodigy. “We are looking for new condominium
projects ranging from approximately $350,000 to $3 million per unit
with attractive discounts.” TRD