Development updates

By Brendan O'Connor | October 01, 2014 07:00AM
515 East 72nd Street

515 East 72nd Street

Sales updates
Upper East Side
515 East 72nd Street

All but two of the 326 units on floors 32 to 40 at the Tower Residences are sold. The building contains one of New York City’s largest private parks: a half-acre of green space, overlooked by a 56-foot heated pool. One one-bedroom apartment remains, at $1.74 million, and one three-bedroom remains, asking $4.425 million. Construction on the 5,419-square-foot penthouse is expected to be completed this fall: It will feature floor-to-ceiling windows and two terraces; a price has not yet been set. Corcoran Sunshine is handling sales for the building. Contact: www.515e72com.

Carnegie Hill
141 East 88th Street

Ten new residential units in the Upper East Side’s Philip House, a conversion of 100-plus rental apartments, have been released to market. Five are penthouse apartments, ranging from 2,738 square feet, asking $8.45 million, to 4,710 square feet, asking $16 million. The largest includes a sculptural staircase and wraparound terrace. A ground-floor duplex, 3,253-square-foot, four-bedroom maisonette is also available, asking $7.25 million. The remaining apartments are two- and three-bedrooms, ranging from 1,350 square feet to 1,790 square feet, listed at $2.995 million to $3.75 million, respectively. The prewar, doorman building has a fitness room, a children’s playroom, and a landscaped rooftop. Stribling Marketing is handling sales. Contact: www.philiphousenyc.com.

Central Harlem
23 West 116th Street

The Adeline, a 12-story luxury condominium, is 80 percent sold eight months after its launch. The building is comprised of 83 one- to four-bedroom residences; one-, two-, three- and four-bedroom apartments are available from $830,000 to $2.75 million. One penthouse, a 1,534-square-foot, three-bedroom, two-bathroom home, is still available at $2.575 million. The building contains a 5,800-square-foot courtyard and a 2,300-square-foot roof-deck. L&M Development is handling the marketing. Contact: www.TheAdeline.com.

Stuyvesant Square
305 Second Avenue

Rutherford Place has sold more than 60 percent of the 120 studio, one-, two- and three-bedroom condominiums that recently went on the market. Most units are duplex or triplex, with ceilings up to 17 feet. A number also feature private patios and terraces. Amenities in the doorman building include a landscaped roof-deck. Prices range from $1.35 million for a 1,034-square-foot one-bedroom, one-bath to $2.795 million for a three-bedroom, two-bath. Cantor-Pecorella is handling sales and marketing. Contact: www.rutherfordplace.com.

Crown Heights
1409 Pacific Avenue

Ideal Properties Group has launched a two-unit boutique condo in Brooklyn’s Crown Heights. The building features a two-bedroom, two-bathroom duplex with a backyard and a four-bedroom, three-bathroom triplex with roof-deck. The duplex is priced at $749,000, and the triplex at $1.099 million. Both units come with stainless steel appliances and built-in speakers. Contact: www.idealpropertiesgroup.com.

Leasing updates
Prospect Park South
123 Parkside Avenue

In less than three months, more than 50 percent of the seven-story luxury rental development 123 on the Park is leased. The former Caledonian Hospital Center was redeveloped by Clipper Equity and the Chetrit Group. Studios, one-, one-and-a-half and two-bedroom apartments are available from $2,285 to $3,970 per month. The building includes a fitness center, yoga studio, gaming lounge and children’s playroom. A furnished roof-deck overlooks Prospect Park. Sales are being handled by aptsandlofts.com. Contact: www.123onthepark.com.