New residential developments

Dec.December 30, 2008 12:08 PM

Construction update

Upper West Side

Linden78

230 West 78th Street

Urban Residential’s 20-story building has topped off. Most of the 35 units have at least three bedrooms, and some will have outdoor space. Amenities include a private outdoor garden that opens off the lobby. Move-ins are expected to begin in spring 2009. The Corcoran Sunshine Marketing Group is the marketing and sales agent. Contact: www.linden78.com.

West Village

The Luminary

41 Seventh Avenue South

Construction is ongoing at the project, which includes five residential units and two commercial units. The residential units range from 1,111 to 1,567 square feet, and prices run from $517,200 to $2.8 million. Sotheby’s International Realty is the exclusive sales and marketing agent.

Williamsburg

Metropolitan Avenue

Apartments

502 Metropolitan Avenue

Meltzer/Mandl Architects will design the Chetrit Group’s mixed-use residential, retail and parking project. The 14-story building will include 140 rental units, 26,000 square feet of retail space and a garage with approximately 210 parking spots. Amenities include private terraces, a courtyard and an outdoor recreation space. Completion is slated for 2010.

Financing update

Williamsburg

34 Berry Street

Developer LCOR has closed on a $33 million construction loan from Bank of America for a 142-unit, $69 million rental building. The Perkins Eastman-designed building is slated for completion in spring 2010. Building amenities will include an outdoor garden, fitness center, meeting room and on-site parking. Rose Associates is the leasing agent.

Sales update

Bedford-Stuyvesant

821 Halsey Street

Sales have launched at the renovated 5,000-square-foot townhouse. It contains six units ranging in size from 780 to 1,350 square feet and in price from $310,000 to $399,000. Funda Durukan designed the apartments. Aptsandlofts.com is the marketing and sales agent.

Central Harlem

Striver’s Lofts

223 West 135th Street

Sales will begin this winter at the five-unit building with two-bedroom, two-bath apartments. Units range in size from 1,318 to 1,709 square feet, and prices fall between $1.1 and $1.648 million. Kitchens are custom designed by Veneta Cucine. Sotheby’s International Realty is the exclusive sales and marketing agent.

Chelsea

133 West 22nd Street

Closings have begun at the Ascend Group’s 99-unit building. Prices for the one-, two- and three-bedroom units range from $800,000 to over $4 million. The building was designed by Cetra/Ruddy. Amenities include an outdoor pool, landscaped rooftop deck, fitness center and onsite parking. Cantor Pecorella is the exclusive sales and marketing agent. Contact: www.133west22.com.

Downtown Brooklyn

Belltel Lofts

365 Bridge Street

About 50 percent of the units in developer Clipper Equity’s 250-unit project had sold as of mid-November. These units, studios through two-bedrooms averaging 1,252 square feet, represent 90 percent of the units released in Phase I of sales. The residences in Phase II, which range from studios to three-bedrooms and from 600 to 2,700 square feet, have now been released for sale. Prices for these units, which are available for immediate occupancy, range from $625,500 to $1.89 million. Amenities in the landmarked building include a fitness center, screening room and business center. The Bracha Group is the exclusive sales and marketing agent. Contact: www.belltellofts.com.

Murray Hill

303 East 33rd Street

Sales began in late November at Toll Brothers’ and the Kibel Companies’ 12-story, 128-unit condominium, which is being built to meet LEED standards. Prices for the studio through three-bedroom units begin at $600,000, and the apartments range from 546 to 2,782 square feet. Amenities include parking, concierge, roof terrace with reflecting pool and bocce court, fitness center, children’s playroom, media lounge and storage. Cantor Pecorella is the exclusive sales and marketing agent. Contact: www.303e33.com.

Tribeca

The Fairchild

55 Vestry Street

Sales began in late November
at the 21-unit project, which has two- to four-bedroom lofts ranging in size from 1,350 to 2,835 square feet. Prices range from $2 to $9 million. The building includes direct elevator access to each home and a refrigerated storage area. The Marketing Directors is the exclusive sales and marketing agent. Contact: www.tribecafairchild.com.

Upper East Side

Miraval Living

515 East 72nd Street

C & K Properties and Zamir Equities’ 39-story condo conversion has 365 units, 107 of which have been sold. Prices range from $750,000 to $5.5 million. The building’s amenities include a swimming pool, spa, art studio and health club. Corcoran Sunshine Marketing Group is the exclusive sales and listing agent, taking over from Prudential Douglas Elliman. Contact: www.miravalliving.com.

Upper West Side

Columbia House

237 West 108th Street

One unit has been sold and three are still available at the development, where sales began in June 2008. Each unit has two bedrooms and two and a half baths. Prices range from $1.61 to $2.23 million. Sotheby’s International Realty is the exclusive sales and marketing agent.

West Village

397 West 12th Street

Two units are in contract and three remain available at Cary Tamarkin’s condominium building, where sales began in July 2008. Two- to six-bedroom units range in size from 3,613 to 9,779 square feet. Prices range from $5.5 to $17 million. Sotheby’s International Realty is the exclusive sales and marketing agent. Contact: www.397w12.com.

Compiled by Sara Polsky


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