The Real Deal New York

Extell launches sales at 70 Charlton Street

Prices at the 92-unit development range from $1M to roughly $12M
By Claire Moses | June 11, 2015 11:40AM

Gary Barnett’s Extell Development launched sales Thursday at its new two-tower residential development in Hudson Square.

The 92 apartments — one- to-four-bedrooms units, including three penthouses — will range from $1 million to roughly $12 million, Elida Jacobsen Justo, director of sales for the project, told The Real Deal. The project is among the first residential buildings in the area since it was rezoned in 2013.

Beyer Blinder Belle Architects is responsible for the design, which consists of two 22-story buildings that are connected by a breezeway and a private landscaped courtyard. In an effort to fit into the other buildings in the neighborhood, the architects used brick, metal and glass for the facade.

A salt-water swimming pool, a 24-hour doorman and a steam room are among the building’s amenities.

The biggest — and most expensive — unit will be a four-bedroom penthouse that spans 3,193 square and comes with a 2,200-square-foot private terrace. The apartments will be co-ops with condominium bylaws. Jacobsen already received at least 800 inquiries.

“We expect the building to appeal to buyers looking to be in the heart of this ever-changing neighborhood,” said Tony Mannarino, executive vice president of development at Extell, in a statement. “It’s the perfect marriage of neighborhoods.”

Jacobsen Justo compared the area to “Tribeca in the 1980s.” For those who wished they had bought an apartment in Tribeca back then, “This is their opportunity,” she added.