● L+M development
Adeline gets warm welcome, TCO
L+M Development Partners, Inc. announced that The Adeline, at 23 West 116th Street in Central Harlem, has received its temporary certificate of occupancy from the New York Department of Buildings.
Closings are slated for early this month. The 83-unit, 12-story luxury building is over 90 percent sold with a few select two- to four-bedroom homes remaining.
Tell Metzger, development director at L+M Development Partners, said, “As The Adeline wraps up sales, we remain overwhelmed by the tremendous response the building has received from the purchasers, the real estate community, and the Harlem neighborhood.”
Two-, three- and four-bedroom homes are available starting at $1.15 million. The Adeline anticipates a 25-year 421-a tax abatement and some of the lowest monthly carrying charges and real estate taxes in the city.
Designed by architectural firm S9 Studios, an affiliate of Perkins Eastman, the full-service building is attended by a 24-hour doorman and offers a children’s playroom, fitness room, and resident lounge with a workspace, screening area and kitchenette.
The Adeline also offers bike storage and private storage for additional fees.
It laso has a 5,800 s/f central courtyard and a 2,300 s/f landscaped common roof deck. Many residences include private outdoor terraces.
Peter Denby of Halstead Property Development Marketing is leading the marketing effort.
●Blue Rock / Victor Homes
Charles model to be unveiled
TOWN Residential will unveil the first model residence at The Charles at 1355 First Avenue tomorrow night.
Designed by Ismael Levya Architects with interiors by David Collins Studio, the 31-story building has 27 full-floor homes.
Each has four exposures and floor-to-ceiling windows. Building amenities include a resident lounge, private storage, fitness center, children’s playroom, and 24-hour doorman and concierge service.
Ginger Brokaw and Jason Kardus at TOWN New Development are handling sales at the building by developers Bluerock Real Estate and Victor Homes.
Over a dozen homes are already in contract, including the stunning glass-topped penthouse priced at $37.94 million.
●Samson Management
Sales start at 498 West End Ave.
Halstead Property Development Marketing (HPDM) announced the launch of sales at 498 West End Avenue, a luxury condominium conversion on the Upper West Side.
Louise Phillips Forbes, a broker with Halstead Property, is the development’s exclusive broker.
Samson Management is the developer of 498 West End Avenue, which has launched the sale of three-, four- and five-bedroom residences ranging in size from 1,682 to 3,784 s/f and in price from $3.13 million to $9.075 million.
The completion of construction is slated for mid-2015.
“We are thrilled to announce the launch of sales at 498 West End Avenue, a classic Upper West Side residence being updated with all of the modern luxuries buyers seek today,” said Stephen G. Kliegerman, president of HPDM.
498 West End Avenue is a landmarked building originally constructed in 1910 by Neville & Bagge. Completely reconfigured interiors are by the award-winning architecture and interior design firm CetraRuddy.
Nancy Ruddy, co-founding principal of CetraRuddy, said, “Our design respects the great assets of the building and, by combining apartments, we have created grandly scaled residences with all of the amenities of modern life.
“Our design has infused the building with elegant, thoughtfully crafted details that reflect the era of the building while interpreting them anew with a sophisticated twist.”
The building includes a two-story penthouse addition approved by The Landmarks Preservation Commission earlier this year. The penthouse will come to market early next year.
● Sorgente Group
Katzen brings 60 White to market
60 White Street, a condominium conversion in TriBeCa has officially launched sales, led exclusively by Frances Katzen, of Douglas Elliman Real Estate.
The five-story development, originally built in 1869, features a cast-iron street façade and is comprised of eight lofts.
Developed by Veronica Mainetti of the Sorgente Group, 60 White Street “marries the epitome of high-end design and craftsmanship with great standards of environmental sustainability.ˮ says the developer.
More than 80 percent of the building’s materials were salvaged from the original structure, while the rest of the finishes are locally sourced.
“I’m honored to be part of this distinctive and historic conversion project,” said Katzen.
“Prospective buyers will be drawn to the building’s thoughtfully curated interiors and the developer’s deep commitment to sustainability throughout these residences.”
The 2,000 s/f full-floor lofts have reclaimed 300 year-old oak wood floors and ceiling heights of up to 16.5 ft. Both penthouses have 3,200 s/f of indoor space, as well an 800 s/f terrace.
60 White Street has a Video Doorman System, fitness center, storage and a private club lounge as well as a “Green Wall,” providing natural air filtration in the common areas.
Three units are currently on the market, starting at $4.585 million to $9.2 million. Occupancy is slated for fall 2015.
● Greystone
Prices revealed at Waterbridge47
Greystone, a New York-based real estate development and financial services group, announced the launch of Waterbridge 47, a new boutique residential development in Brooklyn’s Vinegar Hill neighborhood.
Greystone intends to market and sell the residences as condominiums.
Located at 47 Bridge Street on the corner of Water Street, Waterbridge 47 will feature a collection of 25 luxury residences. Exclusive marketing and sales are being managed by Brooklyn-based brokerage aptsandlofts.com.
Designed by architect AB Architekten, with interiors by Durukan Design, Waterbridge 47 offers residents a mix of amenities that include a private wine cellar and tasting room; off-site concierge access; roof deck with skyline views; fitness center; inner courtyard; children’s playroom; bicycle storage; and private parking.
It will have 47 one-, two- and three-bedroom homes including three townhouse-inspired duplex homes and two penthouses with wraparound terraces.
Select residences offer private patios and balconies, and private roof terraces. Units will range in size from 700 s/f one bedrooms to more than 1,200 s/f three bedrooms, with prices starting at $850,000 to $2,200,000.
“Vinegar Hill / DUMBO is quickly becoming one of Brooklyn’s premier neighborhoods due to its spectacular waterfront access, raw industrial charm, cobblestone streets, thriving neighborhood culture and convenient transportation options,” said David Maundrell, president and founder of aptsandlofts.com.
“It is truly an escape from the daily hustle and bustle of NYC and is one of the city’s best kept secrets.”
● Carroll Street One, LLC
Ideal opportunity in Gowanus
Ideal Properties Group announced the launch of 465 Carroll Street.
The contemporary four-unit, boutique condominium is located in Gowanus.
The units range in size from one- to three-bedroom and one- to three-bathroom. Prices range from $699,000 to $1.549 million, according to Ideal Properties Group, the exclusive marketing firm for the building.
465 Carroll Street is steps from the historic Carroll Street Bridge. The condominiums have flowing layouts, wide plank floors, quartz countertops, stainless steel appliances, and spa-like marble tiled baths.
● JMH Development / Madison Estates
Townhouses at Cobble Hill sold out
JMH Development and Madison Estates announces The Townhouses of Cobble Hill, a collection of nine townhouses at 110-126 Congress St. in Cobble Hill, is 100 percent sold.
The property saw unprecedented buyer interest with homes sold over the initial asking price after less than a year on the market, said the developer.
“The inherent demand for classically designed townhouses with thoroughly modern interiors, coupled with the allure of such a prominent neighborhood, allowed us to achieve extraordinary success, with sales averaging at $4 million,” said Jason Halpern, founder of JMH Development.
“We are ecstatic to see the homes so well received and look forward to continuing our successful track record with Madison Estates in Brooklyn Heights.”
Sales were handled in house by JMH Development and Madison Estates. The property was designed by Adjmi & Andreoli.
