Real Estate Weekly
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Residential

New Development: Cast Iron House launches sales, TF Cornerstone’s final LIC building starts leasing

● KNIGHTSBRIDGE PROPERTIES
Cast Iron glory in Tribeca

Knightsbridge Properties, a Tribeca-based real estate company, announced that Cast Iron House has launched sales.
The interiors of the building have been reimagined by Japanese architect Shigeru Ban, who was recently awarded the 2014 Pritzker Architecture Prize.
Located at 67 Franklin Street, the building contains 11 uniquely crafted duplex condos and two penthouse.
“Cast Iron House is a neoclassical landmark in Tribeca, which combines the ethereal architecture Shigeru Ban is known for within a historic cast iron façade,” said Jourdan Krauss, CEO and founder of Knightsbridge Properties.
“We are delighted to present this rare combination of quality craftsmanship, style and design in one of Manhattan’s most sought after residential neighborhoods.”
Built in 1882, the building is a registered New York City Landmark known for its striking cast iron façade.
The 11 contemporary duplex residences offer three, four and five bedrooms with cathedral-style double-height living room spaces.
Entry is through a private elevator landing. Kitchens contain a full suite of integrated Gaggenau appliances, Dornbracht fixtures, and Bianco Dolomiti marble islands and countertops.
“The residences at Cast Iron House are unlike anything currently available in Manhattan,” said Danika Dorsey, sales director for Cast Iron House.
“This building offers buyers a tailored living experience in a prime location and a rare opportunity to purchase a dramatic space with interior details custom designed by Shigeru Ban.”
Prices range from $5 million to $15 million and occupancy is slated for summer 2015.
● CIAMPA ORGANIZATION
Square deal at No. 3

No. 3 at Packard Square, the newest tower in Long Island City’s Packard Square community, is now leasing 88 new luxury rental residences for immediate occupancy.
Current starting rents for studio, alcove studio, one and two bedroom units are $1,775, $2,125, $2,525 and $3,300 respectively, with no fee.
The 12-story tower was developed by The Ciampa Organization. Citi Habitats New Developments is the exclusive leasing and marketing agent.
Residences at No. 3 at Packard Square feature 9 ft. ceilings and white oak plank flooring, kitchens with stainless steel appliances and first floor units have private glass balconies or patios.
Amenities include a rooftop residents’ lounge, fitness center, 24/7 doorman and concierge, a residents’ laundry room, and bicycle storage. On-site parking is available for an additional fee.
Located at 41-21 24th Street, just off Queens Plaza North in Long Island City, No. 3 at Packard Square is one subway stop from Midtown Manhattan.

●LCOR
Moving day in W’burg

LCOR announced that move-ins have begun at the firm’s newest Williamsburg rental property, 250N10.
Completion of the building continues to move along steadily and residents will be able to enjoy the fitness center and lobby lounge the first week of May, with the remaining amenities slated for a June unveiling.
“We are extremely pleased with the positive response from the renters, as many of the potential residents are coming from within the neighborhood,” said David Sigman, executive vice president of LCOR.

250N10
250N10

“Despite the extremely cold winter, we are seeing great interest for the building, Homes at the 234-unit property have leased at an average of one per day through The Marketing Directors, the exclusive leasing and marketing agent for 250N10.
Located a few blocks from the East River waterfront and steps from McCarren Park, 250N10 is designed by SLCE Architects and features a glass curtain façade and unique garage art screens designed by Jaroff Design and Mison Concepts.
In just over a month 45 of the 234 homes at 250N10 have been leased. Rents for available units begin at $2,600 for a studio, $3,400 for a one-bedroom and $4,600 for a two-bedroom home.

●TF CORNERSTONE
Last building leasing

TF Cornerstone Inc.’s sixth and final building on the Long Island City (LIC) waterfront, 4610 Center Boulevard, is now leasing residences.
The modern, 26-story tower curves around LIC’s famous Pepsi-Cola sign and features luxury apartments, outdoor space, views and a family-friendly community.
Designed by Arquitectonica, 4610 Center Boulevard’s 584 units — a mix of studios, one-, two-, and three-bedroom apartments — feature stainless steel appliances, glossy white cabinets, custom closets, wood strip floors, and floor-to-ceiling windows with views of the Manhattan skyline.
Interior amenity spaces were designed by Yabu Pushelberg and include a WiFi lounge, a private garden, and 24-hour concierge. A\fitness center is located on the seventh floor, and on the eighth floor, a resident club opens on to a landscaped terrace with beautiful views.
“Following on the heels of 4545 Center Boulevard, which leased up in record time, 4610 Center Boulevard will accommodate the continued influx of new residents to the vibrant and bustling neighborhood,” said Sofia Estevez, executive vice president for TF Cornerstone.
“The opening of this building is a significant milestone in the history of the New York City waterfront and is a true sign of the area’s immense residential transformation since its days as an industrial hub.”

●WORLD-WIDE GROUP
Milestones in LIC

As The World-Wide Group’s 21-story, 421-unit multi-family development continues to rise at Queens Plaza North and 24th Street in Long Island City, the company announced that it has reached two significant project milestones.
The building will officially be called “QLIC,” a name chosen to celebrate the flourishing Long Island City neighborhood.
Additionally, aptsandlofts.com has been selected as the project’s exclusive leasing agent.
Construction at QLIC has already reached the 7th floor and, when completed, the building will stand 21-stories tall with a mix of studio to three bedroom rental units.
The new development is located in the heart of Long Island City’s 24/7 neighborhood and offers superb transportation access.
David Lowenfeld, executive vice president of The World-Wide Group, said QLIC will provide over 25,000 s/f of amenities including a rooftop outdoor pool with a landscaped deck, a state-of-the-art fitness center, private gardens, indoor parking and bike room.
QLIC will open its doors to residents in early 2015.

●WARBURG REALTY PARTNERSHIP
New Harlem offering

Harlem’s newest condominium, 305 West 150th Street, is a revitalized, seven-story pre-war residence situated along a tree-line promenade, facing Jackie Robinson Park.
“305 West 150th Street offers great appeal to buyers seeking beautifully-appointed homes in Manhattan, at affordable prices,” said senior managing director Charlie Lewis, of Warburg Realty Partnership, which is spearheading the sales and marketing of the project.
“And because it is in the heart of the next up-and-coming neighborhood, there is inherent value in the investment.”
The building, featuring 82 one-bedroom units, offers homes with open layouts and large windows, elegant kitchens with washer/dryer units.
Amenities include a fitness room, yoga studio, bicycle room, courtyard oasis, an owner’s lounge with a bar, pool table and reading area.
The apartments are priced in the mid-to-high $300,000s.

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