Real Estate Weekly
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Residential

NEW DEVELOPMENT: Condo building breaks ground in SoHo, The Ammann hits markets

● STRATEGIC CAPITAL / CAPE ADVISORS / FORUM ABSOLUTE
Ground broken for Greenwich West

Strategic Capital and development partners, Cape Advisors and Forum Absolute, have broken ground for Greenwich West, a new 30-story condo at 110 Charlton Street in Soho.

Sales will begin this fall at prices starting under $1 million.

Greenwich West was designed by a team that included Parisian-based design architect Loci Anima and interior designer Sebastien Segers Architecte. Both firms worked with architect of record, Adamson Associates.

The project is being built by Plaza Construction, an affiliate of Strategic Capital.

Greenwich West will be a full service building with concierge, doorman and amenities.

Apartments will range from studio to three-bedrooms, and the property will be anchored by a café retail space on the ground floor as well as on-site parking. At 290 ft. tall, the tower have views up and down the Hudson River.

Sales are slated to begin in fall 2018. Corcoran Sunshine Marketing Group is the exclusive sales and marketing agent.

● ORIENT DEVELOPMENT
Hudson Heights condos hit market

BRGDM, the development marketing division of Bohemia Realty Group, has put 24 condos at The Ammann on the market.

The Ammann at 40 Pinehurst Avenue.

The Hudson Heights mixed-use development. located at 40 Pinehurst Avenue at the corner of 179th Street, features one-, two- and penthouse residences.

Designed by ND Kazalas Architecture F.C. for Orient Development, the developer responsible for Edgecombe Parc, residences offer oversized, triple-pane windows with curtain wall systems, individually-monitored air- and heating systems and in-unit washers/dryers.

Building-wide amenities include a rooftop deck overlooking the Hudson River and George Washington Bridge, lobby level garden, fitness room, bicycle storage, package room, virtual doorman with smart-phone access and video intercom.

Asking prices for the one-bedroom apartments start at $600,000; with two-bedroom apartments from $800,000; and penthouse apartments from $1,295,000.

● 237 DUFFIELD STREET LLC
Leasing underway at BRiQ

A new 21-story luxury rental building in Downtown Brooklyn has launched leasing.

BRiQ at 237 Duffield Street offers 110 studio, one- and two-bedroom apartments, 22 of which offer 421-a tax incentives and are part of New York City’s Inclusionary Housing Program.

The name BRiQ stems from the building’s red-brick façade; the ‘iQ’ portion is a nod to the building’s proximity to the MetroTech Center and the surrounding schools.

Modern Spaces is exclusively marketing and leasing the luxury rental developed by 237 Duffield Street LLC.

The project’s exterior design and interior finishes are by design architect Demmerle Design Studio & Partners, while New Jersey-based architect Urban Tectonics LLC served as the executive architect.

The mixed-use building will include 4,773 s/f of retail space across the ground floor, with residential units spanning from the second through 21st floors.

Residents will have access to a communal lounge and two outdoor common areas, which offer views of the East River and the Manhattan skyline.

● CPEX
Builder buys Astoria site

An un-named developer has purchased a development site at 12-19 31st Drive in Astoria, Queens, with plans for a 17-unit apartment building.

The CPEX Development & Conversion Sales Team brokered the $3 million sale of the 15,000 s/f site.

The buyer plans to demolish the existing walk-up building oand develop a three-story, 17-unit residential property, according to CPEX.

The site is one block away from Socrates Sculpture Park on the Astoria waterfront. The 11,170-square-foot footprint offers 15,080 buildable square feet for residential development.

CPEX brokers Brian T. Leary, Catherine Vintonik, Sutherland Dyke and Jidan Kim, represented the seller and procured the buyer.

“The recent addition of ferry service to northern Astoria has fueled a new wave of residential development,” said Vintonik. “This part of Astoria, which wasn’t popular as recently as a few years ago due to limited transportation options, is now one of the most sought-after markets in the city.”

● AMTRUST REALTY CORP.
New renderings for first Aussie tower

Ahead of its launch and opening later this summer, The Amberly, the 33-story luxury rental in Downtown Brooklyn has release new renderings.

Located at 120 Nassau Street, the tower will have 270 homes ranging from studios to three-bedrooms, some with private outdoor space.

The development is the first US project for Australian architects, Woods Bagot. Amenities will include a 10,000 s/f public plaza and a sky lounge that occupies the building’s full 33rd floor.

Citi Habitats is the exclusive leasing and marketing agent. The Amberly is being developed by AmTrust Realty Corp.

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