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LIC’s Yard more than half sold

Long Island condominium the Yard is now 51 percent sold, according to Modern Spaces, which has been marketing the apartments at the 12-story building since sales launched in February.

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“The Yard has been selling steadily since before we broke ground. We have been very fortunate with the building’s success and buyers appreciate the design and high-end finishes the Yard has to offer,” said Eric Benaim, CEO and president of Modern Spaces. “The building clearly hit a note with buyers and we hope to continue to welcome new residents to this exciting and dynamic neighborhood.”

The Karl Fischer-designed building by developer Chess Builders overlooks the East River and the Manhattan skyline, and is comprised of 83 studios and one- and two-bedroom apartments. Residences range from 434 square feet to 1,115 square feet with asking prices starting at around $300,000, Modern Spaces said. Most units also have their own private balcony or terrace. As The Real Deal previously reported, closings at the building began in July and move-ins commenced in August. — Katherine Clarke

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