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New Residential Developments

Bedford-Stuyvesant

192 Spencer Street

Sales have been launched for the six-story, 47-unit luxury condominium, designed by Kossar & Garry Architects. Many of the one- and two-bedroom homes will have private outdoor space. Residences will range in size from 634 to 1,332 square feet. Prices begin in the low $300,000s. Completion is slated for early 2008. The Developers Group is the exclusive sales and marketing agent. Contact: www.oneninetytwo.com.

Bedford-Stuyvesant

721 Flushing Avenue

Calder Construction Corp.’s 13-unit project is made of brick and precast stone with sliding window doors. The condominium’s one- and two-bedroom homes will range from $260,000 to $399,000. Aptsandlofts.com is handling sales. Contact: www.aptsandlofts.com.

Bushwick

1037 Decatur Street

The six-unit condominium project had sold five of its apartments as of late January, at prices ranging from $270,000 to $350,000. The one-and-a-half-bedroom homes range from 690 to 1,100 square feet in size, including two duplexes. Aptsandlofts.com is handling sales. Contact: www.aptsandlofts.com.

East Williamsburg

Greenbelt

361 Manhattan Avenue

The developers of Brooklyn’s first LEED-certified condominium, Derek Denckla and architect Gregory Merryweather, have hired Aptsandlofts.com as the marketing and sales agent for the eight-unit project. Seven two-bedroom residences range from 835 to 1,130 square feet in size, and are priced from the mid-$600,000s to $815,000. A 710-square-foot one-bedroom is priced at $599,000. Designed by Merryweather, the building has a corrugated steel fa & Ccedil;ade and a glass-curtain wall. The non-profit Contemporary Performance Research has purchased the building’s 4,000-square-foot ground-floor space to provide low-cost rehearsal and performance space. Contact: www.aptsandlofts.com.

Flatiron

15 Union Square West

Developer Brack Capital Real Estate is converting the former Tiffany & Co. building into a 12-story, 36-unit luxury condominium. Two-bedroom residences range in size from 1,763 to 2,189 square feet, while three-bedrooms range in size from 2,370 to 3,164 square feet. Perkins Eastman is the architect for the project, and Vicente Wolf has been hired as the interior designer. Homes on floors one through six will have ceiling heights up to 16 feet, while homes on upper floors will have large, private outdoor terraces. Occupancy is slated for fall 2008. Brown Harris Stevens Select is the exclusive sales and marketing agent. Contact: www.15usw.com.

Greenwood Heights

639 Fourth Avenue

Iconic Development Corp.’s 44-unit condominium project has one-, two- and three-bedroom apartments, most of which have private outdoor space and floor-to-ceiling aluminum-framed windows. The Developers Group is the exclusive sales and marketing agent for the project. Contact: www.sixthreenine.com.

Harlem

Rhapsody on Fifth

2056 Fifth Avenue

AFC Realty Capital has hired the Corcoran Group to direct sales and marketing at the seven-story, 22-unit condominium, which was over 50 percent sold as of late January. The Marketing Directors was previously in charge of sales at the project, where prices for the remaining units start in the upper $900,000s. Contact: www.2056fifth.com.

Lower Manhattan

Dwell

95 Wall Street

The Moinian Group’s project will be the first Yoo by Starck-designed rental building. Occupancy is expected to begin late this spring for the studio, one- and two-bedroom apartments. Amenities include valet services, on-site parking, fitness center, indoor/outdoor lounge and complimentary breakfast. Citi Habitats Marketing Group will be the exclusive leasing agent. Contact: www.dwellonwall.com.

Lower Manhattan

99 John Deco Lofts

99 John Street

Rockrose Development Corp. is converting the 27-story, 442-unit rental building into a luxury condominium. About 85 percent of the development’s units will be studios or one-bedrooms. Hotel-style amenities include complimentary breakfast in the lobby, free wireless Internet, a fitness center, billiards and a screening room. The penthouse homes will have cabanas and a spa. Contact: www.99johndecolofts.com.

Times Square

The Platinum

247 West 46th Street

Developer SJP Residential has named Cushman & Wakefield the exclusive leasing agent for the 6,183 square feet of ground-floor retail at the 43-story, 220-unit luxury condominium project. The Marketing Directors is handling sales of residential units. Contact: www.platinumnyc.com.

Tribeca

34 Leonard Street

R Squared Real Estate Partners hired architect Beyer Blinder Belle to design the 16-unit luxury co-op. The one-, two- and three-bedroom residences range in size from 1,541 to 3,086 square feet. Amenities include a climate-controlled wine cellar, a roof deck with grill and bar area, private sunbathing area with outdoor shower, pet spa and a fitness center. The Marketing Directors is the exclusive sales and marketing agent for the project. Contact: www.34leonard.com.

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Upper East Side

Georgica

305 East 85th Street

The Ascend Group named its new 20-story, 58-unit luxury condominium tower after Georgica Pond in East Hampton. Cetra/Ruddy designed the 134,000-square-foot building, which will target families, offering two-, three- and four-bedroom homes that range from 1,298 to almost 3,000 square feet in size. Amenities include a children’s playroom, fitness center and landscaped roof deck. Cantor Seinuk Group is the engineering firm hired for the project. Construction is slated for completion in 2009. Prudential Douglas Elliman Development Marketing Group is handling sales, which are expected to begin this month. Contact: www.georgicalife.com.

Upper East Side

The New Yorker Condominium

1474 Third Avenue

The New York State Attorney General’s office has declared
the 17-story, 32-unit luxury condominium’s offering plan effective. Developer R.A.L. Companies & Affiliates hired architect Creative Design Associates for the building’s renovation. The building will have one- to four-bedroom homes and include a
bicycle room and individual storage units. Stribling & Associates is the exclusive marketing and sales agent. Contact: www.1474third.com.

Williamsburg

439 Metropolitan Avenue

Architecture firm Helder Design is developing the project, which will include two duplex condominiums as well as the builder’s studio space. The building is expected to become the city’s first mixed-use project to receive a LEED Platinum rating, Curbed.com reported.

Financing

Upper East Side

1055 Park Avenue

Wrightwood Capital provided $15 million in construction financing to Davis Development Holdings for the development of the 12-story, eight-unit condominium project. The building will have a library, bar and sauna. The 16,000-square-foot development will consist of two- and three-bedroom apartments with outdoor terraces.

Sales update

Chelsea

Loft 25

420 West 25th Street

R.A.L. Companies & Affiliates’ nine-story, 79-unit luxury condominium project was more than 60 percent sold as of mid-February. The studio, one- and two-bedroom homes each have oversized windows and individual climate control. Amenities in the development include a 5,000-square-foot landscaped roof deck, media room, fitness center, individual storage units and lobby with garden and reflecting pool. Stribling Marketing Associates is the exclusive sales and marketing agent. Contact: www.loft25.com.

Downtown Brooklyn

Lookout Hill Condominiums

199 State Street

Developers Alchemy Properties and Matel Realty had sold out and completed construction on the 11-story, 46-unit condominium project as of early February. The building has a 2,000-square-foot backyard garden, and all of its homes come with Sirius Satellite Radio. Contact: www.lookouthillcondo.com.

Harlem

NoMa 175

Corner of Payson and Seaman avenues

Developers Abraham Sandberg and Eli Harrar had sold two units at the six-story, 12-unit luxury condominium as of early February, the New York Times reported. The project includes 11 one-bedrooms, ranging in size from 615 to 625 square feet, and one 1,020-square-foot two-bedroom duplex. The one-bedrooms are priced from $385,000 to $525,000, and the two-bedroom is listed at $675,000. The development cost $3 million to build. Contact: www.noma175.com.

Harlem

The Kalahari

40 West 116th Street

The 12-story, 249-unit green condominium project was approximately 75 percent sold as of the end of January. The two-tower complex will have two- and three-bedroom apartments. Amenities include a rooftop garden, concierge and parking garage. Contact: www.kalahari-harlem.com.

Lower Manhattan

The Exchange

25 Broad Street

Swig Equities’ 565,000-square-foot luxury condominium was over 35 percent sold as of early February. The 21-story, 121-unit building’s offering plan has been declared effective, and its homes are available for immediate occupancy. Amenities include a health club, spa, residents’ lounge, dining room, screening room, laundry, tea room, viewing garden, children’s playroom and business resource center. Contact:www.25broad.com.

Upper West Side

Sheffield 57

322 West 57th Street

The 58-story, 583-unit luxury condominium, developed by Swig Equities and Y L Real Estate Developers, was over 46 percent sold as of early February. There were 29 homes remaining in the first phase of sales, which consisted of units up to the 35th floor. The mixed-use project will have 109,000 square feet of office space and a 372-car parking garage. The building’s amenities include a private restaurant, screening room, playroom, health and fitness club and open air pool. Swig Equities is handling sales. Contact: www.57sheffield.com.

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