New residential developments


705 and 707 Washington Street
Construction update

West Village

705 and 707 Washington Street

Two eight-story townhouses are being built from the ground up by Madison Equities. Buyers for the David Helpern-designed residences will have the opportunity to tailor the interiors to their preference. The 7,437-square-foot home at 705 Washington Street is priced at $23 million and the 6,924-square-foot 707 Washington Street is priced at $21 million. Corcoran Sunshine Marketing Group is the exclusive sales and marketing agent. Contact: www.madisonequities.com.

Sales update

Downtown Brooklyn

Oro Tower

306 Gold Street

Prices have been slashed on unsold condominiums at Greenfield Partners’ completed 40-story project. Just 90 of the building’s 303 units had been sold as of early October. Some units saw price reductions of as much as 25 percent. Prices now begin at $299,000 for a studio, and $1.225 million for a three-bedroom. Rose Associates has replaced Prudential Douglas Elliman as the listing broker. Contact: www.orocondos.com.


East Village

123 Third Avenue

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The sales office at the 19-story, 48-unit building on the corner of 14th Street will open this month. Buyers can choose from one-, two- and three-bedroom condos, with prices starting at $515,000 for a one-bedroom. Orange Management and F & T Group developed the project, which was designed by Studio 12 of Perkins Eastman Architects and is nearing completion. Corcoran Sunshine Marketing is the exclusive marketing and sales agent. Contact: www.123third.com.

Jersey City

Crystal Point

2 2nd Street

Sales are underway at Fisher Development Associates’ 42-story condominium building on the Hudson River, where 19 units sold within two weeks. The building was designed by Gruzen Samton and features a spa, fitness center, children’s playroom, views of the New York City skyline and easy access to the PATH train. Summer grand opening prices started in the low $500,000s, and the building has been granted a 30-year tax abatement. The Marketing Directors is Crystal Point’s exclusive marketing and sales agent. Contact: www
.crystalpointcondos.com.


Jersey City

The Saffron

479 Washington Boulevard

Fields Development Group and TreeTop Development, developers of the Saffron, will be auctioning off the first nine of the 76 units in the new Jersey City condominium during a one-day-only auction Nov. 8 at the Westin Jersey City. Bidding will start at $175,000 for the one- and two-bedroom units and a 2 percent discount will be given to buyers who close within 15 days of the auction. Units in the building range from 675 to 1,000 square feet and amenities include an outdoor courtyard, fitness center and rooftop deck. Contact: www.saffronjc.com.

West Village

Superior Ink

400 West 12th Street

The 6,321-square-foot penthouse unit at Related Companies’ 15-story riverfront condominium development sold for $25 million and was back on the market within days for $39.5 million. Curbed
.com reported that the buyer was Houston Rockets owner Leslie Alexander. Dolly Lenz of Prudential Douglas Elliman has the listing. Contact: www.somethingsuperior.com. TRD