Real Estate Weekly
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Long-stay stalwart enters the for-sale market

AKA, best know for its long stay residences, has release the first of its for sale homes to the Manhattan market.

Some 76 apartments at AKA Sutton Place have hit the market beginning at $1.2 million. The Linda Stillwell Team of Brown Harris Stevens Development Marketing is leading the sales effort.

And at AKA United Nations, Prodigy Network is marketing units also starting at $1.2 million.

“The decision to offer luxury condominiums was a natural progression for AKA, and it was a direct response to market conditions and clientele requests to be a part of the coveted brand,” said Larry Korman, Co-CEO of Korman Communities and President of AKA.

“Ownership within the AKA portfolio is a chance for both the local and international marketplaces to own prime real estate in New York City with unmatched amenities, hotel-like services and a rental program with a solid leasing platform.”

Purchasers will have the option to place their residence in a rental program, allowing AKA to continue to operate the home as an extended stay residence, providing a unique ownership opportunity.

AKA Sutton Place, at 330 East 56th Street, designed by Edward Asfour of Asfour-Guzy Architects, has one and two bedroom residences available in the building, which has a dedicated resident service team, 24-hour doorman and indoor parking.

The property also features a.lounge designed by Will Meyer and Gray Davis of the Meyer Davis Studio, private screening room,  cinema, heated indoor swimming pool, private indoor garden, private wine lockers, a 24-hour, Technogym-designed fitness center and business center with Mac workstations.

AKA United Nations located at 234 East 46th Street has 95 units for sale, also designed by Asfour-Guzy. All residences will be fully furnished and range in size from 610 square feet to 708 square feet.

The majority have private balconies and there is a landscaped rooftop lounge, resident services team, garden, a communal workspace and a 24-hour fitness center also outfitted by TechnoGym.

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