● Kaufman Astoria Studios/ Procida Companies
New star born in Queens
Modern Spaces has launched sales for The Marx, the first luxury condo in the newly designated Kaufman Arts District.
The building at 34-32 35th Street in the new live-work-play enclave in Astoria, Queens, is already 20 percent sold, according to Eric Benaim, CEO of Modern Spaces.
The Marx
Named as a celebration to the property’s historic location and located on the site the Marx Brothers filmed their famous movies Animal Crackers and Coconauts, the seven-story condominium is being developed by a joint venture of Kaufman Astoria Studios and Procida Companies.
The Marx offers 33 homes in a mix of one- to two- bedrooms with prices starting in the $600,000’s and two-bedrooms priced under $1 million.
“The Kaufman Arts District is an established, dynamic neighborhood that gives people access to the best creative institutions the city has to offer. Living at The Marx presents a unique opportunity to move into a vibrant Astoria neighborhood that is rich with amenities, dining and service retail to serve the families that have long called the area home,” said Benaim, CEO of Modern Spaces.
“We are very excited that The Marx has appealed to so many buyers. It’s the first luxury development that has opened since the area has been designated the Kaufman Arts District and shares the same streets where popular shows such as Orange is the New Black, Nurse Jackie and Sesame Street are filmed.
“We think the building – like its entertainment neighbors — will be a big hit for many different types of buyers.”
● Elad Group / Silverstein
Sales gaining traction at One West End
Elad Group and Silverstein Properties announced that 100 residences have sold in less than 60 days at One West End, the residential tower rising at the corner of 59th Street and West End Avenue.
The 42-story building is the first and tallest condominium to come to market within the rising new neighborhood of Riverside Center.
1 West End Avenue
“One West End is a game changer for the neighborhood and will contribute significantly to the transformation of Manhattan’s West Side,” said Samantha Sax, executive vice president, Marketing and Sales, Elad Group.
“Since launching sales less than two months ago, we have seen incredible demand from buyers both locally and internationally.”
With exteriors conceived by Pelli Clarke Pelli Architects, interiors by Jeffrey Beers, who also partnered with Scavolini to create custom, high performance kitchens, and landscaping by Mathews Nielsen Landscape Architects, One West End has a roster of distinguished leaders in architecture and design.
“The sales activity at One West End has been exceptional,” said Robert Vecsler, president, Residential Development, Silverstein Properties. “Each of the remaining residences presents a fantastic opportunity to own a truly stunning home in a new and exciting neighborhood.”
One West End comprises 246 one- to four-bedroom residences, with two penthouses. Amenities offer indoor and outdoor spaces that include a fitness center with studio space for yoga, pilates and personal training, a 75-foot swimming pool, spa treatment rooms, a media room, a billiards room, a children’s playroom, a game room, a living room with fireplace, and a chef’s kitchen and dining room.
A 12,000 s/f rooftop terrace will feature cabanas and areas for grilling and outdoor entertaining.
Joanie Schumacher of Corcoran Sunshine Marketing Group is the on-site sales director for One West End.
Construction is expected to be complete in the first quarter of 2017, with prices ranging from $1.7 million to over $20 million.
● Tamarkin Co.
Tamarkin sells out High Line condo
Architect and developer Cary Tamarkin, founder of Tamarkin Co., together with Stribling Marketing Associates, announced that 508 West 24th Street, a luxury condominium building adjacent to the High Line in West Chelsea, is 100 percent sold.
“We are extremely proud of 508 West 24th Street, both as a work of architecture and as a real estate development,” said Cary Tamarkin, the developer and design architect for the building. “Buyers from all over Manhattan and beyond reacted strongly to this building.”
508 West 24th Street
The 10-story building is comprised of 15 two- and three-bedroom condos, ranging in size from 2,000 square feet to more than 3,300 square feet with prices from $3 million to over $11 million.
The building was completed earlier this year and each residence is accessed via a key-locked private elevator, an entry gallery foyer designed for the display of artwork, and open living and dining spaces. Solid four-inch-wide rift and quarter-sawn white oak floors are found throughout.
Each home has a Miele washer and dryer and energy-efficient, state-of-the-art multi-zone heating and cooling system.
Stribling Marketing Associates was the exclusive sales and marketing team launched sales in Fall 2013.
“The 508 West 24th Street buyer was attracted to the vibrant High Line neighborhood, and we’re already familiar with and sold on Tamarkin’s design,” said Cathy Taub of Stribling Marketing Associates.
“In addition to its proximity to the High Line and world famous galleries, 508’s buyers enjoy cutting edge new restaurants, shops, the incredibly exciting Chelsea Market, Chelsea Piers and the fun Meatpacking District.”
● GREYSTONE
Greystone enters Hamptons market
Greystone, the New York City-based real estate development and advisory company, has formed a joint venture with East End Ventures to develop a boutique residential project in the village of Sag Harbor on Long Island.
The property will feature landscape architecture intended to amplify the beauty of the exclusive waterfront property.
Located at 1, 3, and 5 Ferry Road, the planned condominiums are situated on the last undeveloped waterfront land adjacent to the Business District in Sag Harbor.
The residences will be built as-of-right according to local zoning allowances and also provide the broader community with access to the waterfront.
“We really feel our boutique luxury aesthetic is beautifully aligned with the intentions for this residential development,” said Jeffrey Simpson, head of Greystone Property Development.
“Working closely with East End Ventures and the Village of Sag Harbor, we will be able to advance this highly anticipated condominium addition to become one of the most sought after residential locations in the Hamptons.”
Michael Maidan, principal, East End Ventures, added, “We are thrilled to team up with Greystone to bring this project to life, and know that their expertise, resources and input will be invaluable as well as essential to the success of this development.ˮ
● Firstservice Residential
Leasing underway at The Union
Renters are moving into The Union in New Haven’s historic district, directly on The Green.
Originally known as The Union and New Haven Trust Building, the Georgian-Colonial Revival has been redeveloped to create 138 apartments with an array of amenities.
“The Union completely reinvents aesthetics and lifestyle in New Haven,” said Dan Wurtzel, president of FirstService Residential,managing agent for the property.
The Union
“On the outside, it’s a revered historical masterpiece with a signature golden cupola. On the inside, it’s 138 amazing rental residences, a gorgeous, 24/7 attended lobby, fabulous amenities, and great views –the best of old and new in the city.”
Many of the one- and two-bedroom residences feature private terraces and panoramas that take in Yale University and the Long Island Sound.
Every Union residence was designed with wood floors and kitchens with GE Energy Star appliances and stone countertops. There is a washer and dryer in every apartment, as well as individually controlled heat and hot water.
Safety features include a new sprinkler system that spans every part of the building.
Amenities include an on-site shared workspace called The Guild, fitness center, suite of conference, media and music rooms, an outdoor seating loungeand a bicycle storage/repair shop.
● Douglas Elliman Development Marketing
Elliman leading Baccarat sales
Starwood Capital Group and Tribeca Associates announced a new partnership with Douglas Elliman Development Marketing to lead all sales and marketing efforts at the Baccarat Hotel & Residences New York.
The Douglas Elliman Development Marketing sales team assigned to the project includes Madeline Hult Elghanayan, Lauren Muss, Janice Chang and Gail Sankarsingh, all of whom specialize in luxury residential sales.
The Baccarat Hotel & Residences
Baccarat Residences currently offer layouts from a 1,167 s/f one-bedroom with 696 square feet of outdoor space to the spectacular 7,381 s/f penthouse.
“We are excited to welcome Douglas Elliman Development Marketing to the Baccarat Hotel & Residences team,” said Mark Gordon, managing partner of Tribeca Associates.
“As we look towards the finals sales of the project, we have the utmost confidence that Susan and her new development team will deliver truly impressive results for this one-of-a-kind luxury offering in Manhattan.”
Located at Fifth Avenue and 53rd Street, the Residences showcase a Tony Ingrao-designed private entrance.
The glass tower designed by Skidmore, Owings & Merrill features private residences created by Ingrao with one- to four-bedrooms. A five-bedroom penthouse duplex has a double-height loggia.
