Extell launches sales at 70 Charlton Street

Prices at the 92-unit development range from $1M to roughly $12M

New York /
Jun.June 11, 2015 11:40 AM

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.


Related Articles

arrow_forward_ios
One Manhattan Square Extell Development CEO Gary Barnett (Credit: Curbed NY)
Extell lands $690M refinancing package for One Manhattan Square
Extell lands $690M refinancing package for One Manhattan Square
Extell's Gary Barnett and One57 (Getty)
One57 is 90% sold: Extell announces Q1 sales
One57 is 90% sold: Extell announces Q1 sales
Extell sells One57 sponsor unit for $17M
Extell sells One57 sponsor unit for $17M
Extell sells One57 sponsor unit for $17M
The soft market for luxury units has some developers hard up. (Getty)
Buyers taking advantage of New York City’s condo glut
Buyers taking advantage of New York City’s condo glut
Central Park Tower at 217 West 57th Street and Extell president Gary Barnett
Closings kick off at Central Park Tower
Closings kick off at Central Park Tower
Dov Hertz (Photo by Studio Scrivo)
The Closing: Dov Hertz
The Closing: Dov Hertz
Gary Barnett’s Extell Development with the $26.7M building he sold. (500w57 via Twitter)
Extell sells West 57th Street office to CBS
Extell sells West 57th Street office to CBS
Extell's CEO Gary Barnett (Central Park Tower)
Barnett secures $380M mezz financing for Central Park Tower
Barnett secures $380M mezz financing for Central Park Tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...