Real Estate Weekly
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Residential

NEW DEVELOPMENT: “Beach” building sales going swimmingly,

● HFZ CAPITAL GROUP
Sales going swimmingly at Tribeca building

Less than four months after launching sales, HFZ Capital Group is announcing the 11 Beach building is 50 percent sold. Also, 11 Beach will list Penthouse B, the largest of the building’s two penthouses, for $22,500,000.

11 Beach
11 Beach

Douglas Elliman Development Marketing is the exclusive marketing and sales agent. The team of Melanie Lazenby and Dina Lewis and the team of Fredrik Eklund and John Gomes are heading sales.

Penthouse B is being listed soon for $22,500,000. The 5,985 square foot duplex residence features an additional 1,947 square feet of outdoor space spread across two areas, including a spacious rooftop terrace with a triple-exposure, loft-like entertaining area and open kitchen. The Penthouse features light-filled open layouts seamlessly integrated into entertainment spaces. The home features thoughtfully designed, kitchens with handcrafted cabinetry and hardware, eat-in dining areas and cooking islands.

The 27 unit 11 Beach building is now 50 percent sold. The residences in contract range in price from $5,200,000 to $10,000,000.

Much of 11 Beach’s sales success is attributed to the building’s prime Tribeca location, the gracious layouts and elegant finishes all with a level of bespoke craftsmanship created for a Tribeca lifestyle, as well as the building’s interior design by Thomas Juul-Hansen and architecture by BKSK Architects.
Among the residences in contract is one of the building’s three triplex townhouses, which is listed for over $10,000,000. It is a 4 bedroom, 4 bathroom 4,827 square foot home with a private entrance, dedicated elevator, multiple entertainment spaces and a private spa with a 50-foot stainless steel pool with a glass wall, steam room, sauna and rainforest shower.

Named after its address, 11 Beach Street, the L-shaped building is in Tribeca and has frontage on three sides. Built in 1910 the 10-story, loft building will be converted into 27 homes. The residences range from 3 to 5 bedrooms and include lofts, penthouses and townhouses.

Amenities include a landscaped roof garden, state-of-the-art fitness center, children’s playroom, 24-hour doorman and storage rooms available for purchase.

Thomas Juul-Hansen has designed the building’s interiors and he is widely known for his private residences and interiors work on One57, One York and several restaurants for chef Jean-Georges Vongerichten. Acclaimed New York-based firm BKSK Architects will re-envision the façade and oversee the building’s renovation with a rusticated brick base 
and beautifully preserved brickwork, including nods to history 
by incorporating classic 
terra cotta reinterpreted in
 a modern design.

HFZ selected the firm for its experience restoring a number of landmark Tribeca buildings into beautiful residences, often adding harmonious design elements and emphasizing iconic features. Closings are expected to begin late 2016.

● Halcyon Management Group LLC
Units up for rent in W’burg

By April 2014, following a year-long leasing program, the 351-unit luxury rental complex at 101 Bedford Avenue, between North 11th and 12th Streets, was 100 percent leased. But now as the earliest leases begin to expire, some of the spacious studio, one-bedroom and two-bedroom apartments may soon be available again.

In less than 24 months since it was first presented to the market, the much touted amenity-laden, four-building complex has become a mini-community, complete with a popular children’s playroom, indoor swimming pool with hot tub and spa, 2,500-square-foot fitness center, club room, wine room and business center.

101 Bedford
101 Bedford

Last summer, when the 17,000-square-foot roof deck was first opened with such features as a mini beach, cabana seating and multiple barbeque grills, it became an instant residents’ destination, as did the serene interior garden on the second level, with its massive center gazebo. The golf simulator that was completed in spring 2014 also became a social hub for the building.

“It has been less than a couple years since we officially opened, but the way the building has developed has surpassed all our initial expectations,” says co-developer Yoel Sabel. “It’s like a little neighborhood where some people will live for years and others will move on. So now the time is right to gear up for additional apartment opportunities in the next few months.”

In addition to the entertainment programs and extraordinary amenities, 101 BEDFORD offers 24/7 front desk service, on-site parking, canine cleaning station, available for dog-walking and pet-sitting services, on-site ATMs and vending machines, cold storage room for “Fresh Direct” and other refrigerated deliveries, and even a package inventory app.

Among the building’s other attractions is its tranquil location directly across from McCarren Park and proximity to the L train, just four blocks away.

All of the generously-sized apartments feature hardwood floors, open kitchens with stainless steel appliances and Cesarstone countertops, porcelain-clad bathrooms and oversized windows that either offer views of McCarren Park, the Manhattan skyline, or the beautifully landscaped inner courtyard.
●Adam America
Leasing to start in April for W’burg luxury rental

Leasing will commence in April for phase one of 247 North Seventh, a newly constructed rental property. 247 North Seventh consists of two seven-story buildings, with a total of 169 homes. aptsandlofts.com, one of NYC’s leading privately owned full-service real estate brokerages, has been retained as the exclusive leasing and marketing agent for the distinctive property that stands out for its unique industrial-inspired façade and private interior garden sanctuary.

247 North Seventh is comprised of two buildings that stretch across North 7th and North 8th Streets between Roebling and Havemeyer Streets, and are connected by a lush landscaped 13,000 square-foot inner garden. Designed by Gerner Kronick + Valcarcel Architects, the building’s uniquely textured façade is inspired by the rolling waters of the East River and features exposed concrete, complemented with oversized windows composed of geometric window panels.

Just off of Union Avenue and steps from the Bedford L train, 247 North Seventh is located in a vibrant pocket of Williamsburg known for its unique selection of local retailers and easy access to the excitement of Bedford Avenue and activities available at McCarren Park.

247 North Seventh features a mix of chic studios, one- and two-bedroom apartments, with select homes offering private terraces and balconies, designed by Tersigni Palachek. Homes boast modern finishes, including white oak flooring, open layouts, large windows that allow for plenty of natural lighting and a washer/dryer in each unit.

247 N. 7th
247 N. 7th

Kitchens are accented with white and wood grain custom cabinets, grey Caesarstone countertops, white high gloss ceramic backsplashes and stainless steel appliances. Bathrooms feature chic white porcelain mosaic wall tiles, black granite floors and sleek chrome finishes.

Pricing for homes start at $2,575 for a studio, $3,350 for a one-bedroom and $4,500 for a two-bedroom. While penthouses start at $6,700.

247 North Seventh features a wide-range of high-end amenities for residents aimed at encouraging a close-knit environment and strong social atmosphere within the development. Select amenities include a recreational lounge equipped with a flat screen TV, gaming console and billiards; state-of-the-art fitness center; a pet spa; and an expansive urban courtyard garden. As well as two roof decks outfitted with a BBQ and seating areas. Additional amenities include an elegant lobby, 24-hour doorman, attended parking garage, bike room and auxiliary storage facility.

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