Chelsea
Carriage House Chelsea
159 West 24th Street
Broad Channel Development has converted the century-old carriage house into a 24-unit condominium. The loft, townhouse and penthouse homes range from 556 to 1,614 square feet in size. Eight indoor parking spaces are also available for purchase. Sales are expected to begin this fall, with occupancy slated for spring 2008. Citi Habitats Marketing Group is the exclusive sales and marketing agent. Contact: www.carriagehouse24.com.
Harlem
The Nicholas
753 St. Nicholas Avenue
Argyle Holdings LLC is developing the six-story, 11-unit green condominium. Prices for the one- and two-bedroom homes start at $450,000. Residences will include sustainable bamboo flooring, natural cotton fiber insulation, double-glazed windows and energy-efficient lighting. Brown Harris Stevens is the exclusive sales and marketing agent. Contact: www.753stnicholas.com.
Harlem
Observatory Place
2021 First Avenue
The 11-story, 38-unit condominium will have a landscaped rooftop and a fitness center. Prices range from $300,000 for a studio to $1 million for a three-bedroom apartment. The green building is being developed by a partnership of architect Gary Silver and Silverpoint Builders. Contact: www.observatoryplacenyc.com.
Long Island City
Ten63
10-63 Jackson Avenue
Sales are under way at the nine-story, 41-unit condominium. The building’s amenities include an on-site garage and refrigerated storage. The building’s one-, two- and three-bedroom homes range in size from 434 to more than 2,000 square feet. Residences are priced from $300,000 for a studio, the mid-$400,000s for a one-bedroom, $600,000 for a two-bedroom and $1.2 million for a three-bedroom penthouse. The Thomas O’Hara-designed project will include 3,000 square feet of retail space. Residential occupancy is expected to begin in September 2008. Prudential Douglas Elliman is the exclusive sales and marketing agent. Contact: www.ten63jackson.com.
Midtown East
313-317 East 46th Street
Castle Development recently purchased the lot from Extell Development for $40.95 million, with plans for a condominium tower that could be as large as 100,000 square feet. Three five-story walkups have been demolished at the site, and ground-breaking is slated for late this year.
Midtown East
948-952 Second Avenue
A Manhattan development company purchased the 4,200-square-foot site for $30 million, with plans for a 72,000-square-foot condominium. The developer also acquired 24,700 square feet of air rights from neighboring properties, allowing the proposed project to cantilever over an existing building at 954 Second Avenue.
Soho
Soho Mews
311 West Broadway
Ground has been broken at the largest open buildable site in the Soho Cast Iron Historic District, according to developer United American Land. The project comprises a nine-story building on West Broadway and an eight-story one on Wooster Street, and will include 59 two- and three-bedroom lofts and five townhouses. Homes range in size from 1,225 to 3,900 square feet, and are priced from $2.4 to $11 million. Residences are eligible for the 421-a tax abatement. Gwathmey Siegel & Associates Architects designed the mixed-use complex, which will also have 5,000 square feet of retail. Amenities include a fitness center, an attended underground parking garage and private gardens for the townhouse residents. Occupancy is slated for late 2008. The Corcoran Sunshine Marketing Group is the exclusive sales and marketing agent. Contact: www.sohomews.com.
Tribeca
89 Murray Street
The rental office was scheduled to open last month for the 10-story, 85-unit building. The Sheldrake Organization and Minskoff Equities are developing the project, which was designed by Skidmore, Owings & Merrill. The studio, one-, two- and three-bedroom units range in size from 490 to 1,350 square feet. Amenities include a gym, lounge and valet parking. Retail space will house Whole Foods, Barnes and Noble, Bed Bath and Beyond and Bank of America. Citi Habitats Marketing Group is the exclusive leasing and marketing agent. Contact: www.89murray.com.
Upper East Side
300 East Seventy Nine
300 East 79th Street
The Chetrit Group is developing the 18-story, 40-unit condominium. The one-, two- and three-bedroom apartments range in size from 650 to 2,500 square feet; prices start at $1.675 million. Amenities include a private entertainment room, landscaped terrace with outdoor fireplace, fitness center, children’s playroom and bicycle storage. Occupancy is slated for late this year. The Corcoran Sunshine Marketing Group is the exclusive sales and marketing agent. Contact: www.300east79.com.
Williamsburg
Sevenberry
120 North 7th Street
Sales are under way at the four-story, 27-unit condominium designed by Karl Fisher Architects. One- to three-bedroom homes range in size from 695 to 2,215 square feet, with prices starting at $575,000. The building has a fitness center and lounge, and residents may purchase private garage and storage spaces. Occupancy is slated for spring 2008. The Developers Group is marketing the project. Contact: www.sevenberrycondos.com.
Construction update
Chelsea
200 Eleventh Avenue
The City Council has given developer Young Woo & Associates official approval to build 12 parking spaces in the En-Suite Sky Garage system that will bring residents’ cars to private garages adjacent to their units. Selldorf Architects designed the building and the garage system, along with elevator engineer Jon Halpern of Jon B. Halpern & Associates. The apartments will be priced from around $6 million and will benefit from the 421-a tax abatement. Occupancy is expected to begin in fall 2008. Prudential Douglas Elliman’s Development Marketing Group is handling sales. Contact: www.200eleventh.com.
Gramercy
One Madison Park
20-24 East 23rd Street
Construction is under way for Slazer Development’s 50-story condominium. Rockland County-based Slazer recently finished acquiring the site assemblage of 20, 22 and 24 East 23rd Street; 23 East 22nd Street; and the adjacent air rights at 18 and 26 East 23rd Street. The 23rd Street side will have ground-floor retail space, and the 22nd Street side will have a private residential entrance. The building’s six-story base will hold its amenities. Contact: www.onemadisonpark.com.
Harlem
1280 Fifth Avenue
Ground has been broken for the Robert A.M. Stern-designed mixed-use tower, which will house the Museum for African Art at its base. The 80,000-square-foot building will have 102 residential units on the fourth to 19th floors. SLCE Architects is the architect of record; Brown Harris Stevens is the exclusive marketing agent.
Midtown
Residences at the Jumeirah
Essex House
160 Central Park South
The 35 luxury condominiums in the newly renovated hotel are available for immediate occupancy. The one, two- and three-bedroom homes, designed by Costas Kondylis, range in size from 700 to 3,500 square feet, with prices running from $1 to $5 million. Residents will have access to the hotel’s services. Colgate Sales LLC is the exclusive sales and marketing agent. Contact: www.essexhouseresidences.com.
Financing
Chelsea
Hudson Realty Capital LLC received a $9.33 million construction loan for the acquisition of a 6,300-square-foot parcel in West Chelsea and the development of a 45,000-square-foot mixed-use project at the site. The building will have 19 luxury condominiums and two ground-floor commercial units.
East Williamsburg
259 Ainslie Street
Chicago-based Builders Bank provided $2.68 million in construction financing for the four-story, eight-unit condominium project.
Prospect Heights
660 Dean Street
Builders Bank provided $2.25 million in financing for the rehabilitation of the three-story building and its conversion to condominiums. Amenities at the five-unit building will include private storage, garden space and a roof terrace.
Williamsburg
North 11th Street and Roebling Street
Wrightwood Capital has provided $8.69 million in financing
for the construction of two adjacent luxury residential properties. Each five-story building will contain eight two-bedroom units and two three-bedroom units. Shlomo Karpen is developing the projects, which will total 21,000 square feet once completed.
Sales update
Clinton Hill
FultonOnClinton
936 Fulton Street
Ore International’s 11-unit condominium conversion was more than 60 percent sold as of early September. Prices start at $390,000 for one-bedrooms and at $555,000 for two-bedrooms. Occupancy is slated to begin in December 2007. Prudential Douglas Elliman is the exclusive sales agent. Contact: www.fultononclinton.com.
Midtown East
Trump World Tower
845 United Nations Plaza
Donald Trump’s 72-story tower was sold out as of the beginning of October, the New York Observer reported. The last three penthouse units sold as a single 12-bedroom duplex for $33 million.
Park Slope
Suite 16
198-210 16th Street
The Karl Fischer-designed condominium has sold out its first phase of 16 units. Prices for the 16 units in phase two start at $569,000 for a two-bedroom, according to the New York Post. Aguayo & Huebener is marketing the project. Contact: www.ahrlty.com.
Park Slope
Vue
162 16th Street
The 10-story, 43-unit condominium project was 30 percent sold as of mid-October. Prices for available units range from $509,000 for a 671-square foot one-bedroom to $869,000 for an 1,150-square-foot three-bedroom. Units on the third floor and above have views of Manhattan; amenities include a fitness center, private balconies, and on-site parking. Aguayo & Huebener is the marketing agent. Contact: www.ahrlty.com.
Upper East Side
170 East End Avenue
Skyline Developers’ 90-unit, Peter Marino-designed condominium was sold out as of mid-October, except for one penthouse and two townhouse units. The three-bedroom, 3,000-square-foot townhouse is priced at $6.2 million. The four-bedroom, 3,800-square-foot townhouse is asking $7.2 million, and the five-bedroom, 5,000-square-foot penthouse is priced at $17.5 million. The Sunshine Group is the exclusive sales and marketing agent. Contact: www.170eea.com.
Upper West Side
Sheffield 57
322 West 57th Street
Swig Equities’ 58-story, 570-unit luxury condominium was more than 40 percent sold by late September. The building is available for immediate occupancy. Amenities include a private restaurant, screening room and play room. The Hearst Corporation purchased the building’s office and retail space, as well as 372 underground parking spaces. Swig Equities is handling sales. Contact: www.sheffield57.com.
West Village
Palazzo Chupi
360 West 11th Street
Sales have begun at the 17-story, 5-unit condominium, the Observer reported. Artist Julian Schnabel converted the building from a stable and painted its exterior pink. The first unit sold for $15.5 million.