The Real Deal New York

Macklowe launches sales at 737 Park

April 25, 2013 02:00PM

Macklowe Properties’ 737 Park Avenue condominium conversion officially launched sales today, with the opening of two model units, according to BuzzBuzzHome.

The 20-story prewar conversion, located on the northeast corner of East 71st Street, has 60 units with between three to six bedrooms, ranging in size from 3,000 to 6,000 square feet. Prices start at $3.83 million per unit and go up to $30 million. More than 30 percent of the units are already in contract.

“The large homes that have been created here are not readily available, especially on sought-after Park Avenue where they are in strong demand, and we’re very happy with the eager response from buyers,” Richard Wallgren, who is handling sales and marketing for Macklowe Properties at the building, told BuzzBuzzHome in a statement. “Sales activity continues to grow and is focused on large apartments from 4,000 to over 6,000 square feet.”

Developer Harry Macklowe has been involved in some legal tussles at the project, notably with Brown Harris Stevens broker Carol Cohen  and former building owner Katz 737 Corp., as The Real Deal reported. [BuzzBuzz Home] –Hiten Samtani