City Island sales launch
McClellan Sotheby’s International Realty has officially launched sales for On the Sound, a new waterfront residential development located on City Island.
Developed by Greystone and designed by Kutnicki Bernstein Architects, On the Sound includes 43 townhome-style condominiums situated within a private gated community.
Spread across five waterfront acres at 226 Fordham Place, On the Sound offers a mix of two-, three-and four-bedroom homes with both private garage and driveway parking for each unit.
Each of the brand-new residences also include either a garden or elevated terrace.
● Slate Property Group
51 Jay grand opening
Slate Property Group and Adam America Real Estate celebrated the grand opening of the sales gallery for their ODA Architecture-designed Dumbo development, 51 Jay Street.
Sales were launched on January 5, 2015, and within 30 days, the building has sold over 30 percent of its units.
The development team has already increased the pricing of units four times, and with each limited release, offers have been made and contracts signed almost immediately, said Dvir Cohen Hoshen, co-founder and principal of Adam America.
Sales are managed by Halstead Property Development Marketing (HPDM).
●MGM Property group
New MGM boutique
A six-story boutique condo will rise on 64 East 1st Street designed by GF55 Partners Architects and developed by MGM Property Group.
Demolition on the site is complete and excavation work has just begun.
The plan for the development is six residences each averaging 1,900 s/f. The lower duplex will occupy the cellar and first floor with a rear yard. Floors 2-5 are floor-through units and an upper duplex on the 6th and penthouse levels.