NYC real estate in brief

July 20, 2009 02:58PM

The Argyle installs virtual doorman
The Argyle, a new condominium in Park Slope at 251 7th Street, will be installing third generation virtual doorman technology, which logs all activity in the building. The virtual doorman technology has been installed in 100 small- to mid-sized developments throughout the New York metropolitan area. The system digitally secures the buildings, greets and provides access to visitors, and accepts deliveries, among other convenience and security services.

Stonehenge closes on mortgage for mixed-use building
Stonehenge Partners has closed on a five-year, $15.3 million first mortgage on a six-story, 44,000-square-foot mixed-use building at 108 West 15th Street. The mortgage has a 5.625 percent interest rate. This will be the third refinancing for the building, also known as Stonehenge Gardens, after it was refinanced in 2002 and 2004. Stonehenge recently executed a lease with 7-Eleven for 2,500 square feet of retail space within the building, as the convenience store chain expands its New York empire.

Manhattan borough president approves hotel and residential tower
Manhattan Borough President Scott Stringer announced today his support for a proposed 85-story hotel and residential skyscraper at 53 West 53rd Street. His approval comes on the heels of developer Hines Interests’ assurances that it will limit the number of dwelling units to no more than 300 and the number of hotel rooms to no more than 167. If this Jean Nouvel-designed, 1,250-foot tower is approved by the city, it will be one of the tallest structures in the city. TRD