Hamptons homes unveiled
GRADE has unveiled designs for their latest luxury homes that Bespoke Real Estate is marketing in the Hamptons.
The properties include 285, 287, and 289 Parsonage Lane in Sagaponack South as well as 20 and 24 Gin Lane in Southampton. The portfolio of luxury homes is by Hamptons developer Jay Bialsky.
Bespoke co-founder Zachary Vichinsky, said, “The homes represent the best of the best, in the best locations in our market here in the Hamptons. It’s a collaboration of really talented people behind the projects.
“GRADE is on the cutting edge of state-of-the-art, very high end homes.”
285 Parsonage Lane is listed at $19,995,000, 287 Parsonage Lane is listed $22,995,000, and 289 Parsonage Lane is listed $25,995,000.
The three Parsonage Lane properties can also be purchased as a single compound for $60 million – the most expensive listing ever in Sagaponack.
Additionally, 20 Gin Lane in Southampton is $29,950,000 and 24 Gin Lane is $24,995,000.
Work starts on LIC rental
Simon Baron Development Group, SBD, has begun work on the mixed-use tower at 2940 Northern Boulevard in Long Island City.
The 42-story tower will include 467 new rental units with commercial space on the ground floor, bike storage, parking, an exercise room, a pool and roof deck.
Demolition has begun to turn the site into a 500,000 s/f complex at the eastern end of Queensboro Plaza.
“This is an exciting project that will add to the transformation of the Queens Plaza submarket,” said Matthew Baron, president of SBD, which purchased the site at the start of 2014 for $54.5 million from the Rabsky Group,
The property is being designed by SBJ Group and completion is scheduled for spring, 2017.
SBD is presently building close to one million square feet of residential and commercial projects in Long Island City. Last year, the company also acquired an industrial building at 45-40 Vernon Boulevard near Hunter’s Point, which is also plans to convert to rental apartments.
●175 West 95 Owner LLC
Sales start at 175 West 95th Street
Sales are underway at 175 West 95th Street, a condo conversion being marketed by Corcoran Group Marketing.
The building offers studio to three-bedroom homes at current asking prices from $620,000 to $2.1 million.
“Everything happening at 175 West 95th Street represents positive change for the neighborhood,” said Jodi Stasse, managing director for new developments at Corcoran Group Marketing.
“The residences have been transformed and include timeless, modern touches, and the additional building offerings and retail space make this block a game changer on the Upper West Side.”
175 West 95th Street sits between Columbus and Amsterdam Avenues — midway between the Hudson River and Central Park — on a tree-lined street filled with brownstones.
Construction began in April 2013. WASA/Studio A is the project architect and closings and occupancy are expected in the second quarter of 2015.
The redesigned homes have tiled bathrooms with natural stone and custom vanities, hardwood floors and most have private outdoor balconies.
The amenities package consists of over 10,000 s/f of both indoor and outdoor space on the second floor, available to all residents.
There is a fitness center, children’s play room and a resident’s lounge overlooking a landscaped terrace.
There is also dedicated outdoor space with a children’s private play area.
● AXIA REALTY
Exclusive 40 East 72nd homes start at $13.85M
TOWN New Development has launched sales at 40 East 72nd Street, a luxury conversion from Axia Realty.
The new eight-story condominium consists of five residences and a duplex maisonette.
The original five-story, turn of the century brick and wooden building was demolished while the historic front brick façade was preserved and restored to maintain its architectural significance.
The three-plus bedroom, full-floor residences begin at 3,000 s/f each with a two-story maisonette apartment of 3,400 s/f on the building’s first floor and lower level. The maisonette will have access to a private backyard garden.
All of the residences will be outfitted with wood-burning fireplaces, state-of-the-art kitchens and heating and air conditioning. Each has private keyed elevator access, private storage and most have private outdoor space.
The interiors feature white oak chevron flooring, high-end fixtures, and a collection of fine stone tiles and custom finishes.
Prices of available residences range from $13.85 million to $14.95 million. Gina Sabio, of TOWN New Development, is the exclusive sales and marketing agent
● Stonehenge Partners
Olivia gets a facelift
Stonehenge Partners, in partnership with SL Green Realty Corp., has completed a $1.5 million capital improvement program at The Olivia, a full-service luxury rental tower at 315 West 33rd Street. The 36-story tower has been “re-envisioned’with designer Andres Escobar involved in extensive upgrades to the amenities and common spaces, including the rooftop terrace and glass-ensconced lounge, fitness center, yoga room, lobby and corridors.
Stonehenge has also upgraded more than 25 percent of the 333 apartments with high-end finishes and state-of-the-art appliances.
Along with a 24/7 attended lobby, on-site valet and concierge services, residents of The Olivia also enjoy all of the benefits of living in the Stonehenge community — from complimentary fitness classes to dinner parties with renowned chefs and private movie screenings, both in the building and at properties throughout the portfolio.
“Today’s high-end renter expects full-service, highly-amenitized rentals and our re-investment in The Olivia responds to that demand,” said Ofer Yardeni, co-chairman and CEO of Stonehenge Partners.
“At Stonehenge, we always seek to exceed the market’s expectations and provide a caliber of product and lifestyle that inspires our residents to remain a part of the family for many years.”
In addition to performing extensive renovations, Stonehenge also recently tapped Quik Park to operate the building’s 250-car parking garage .
Located between 8th and 9th avenues, The Olivia includes 270,000 s/f of fully-leased commercial space, including a movie theatre.
Studio apartments at The Olivia start at $2,895 per month; one-bedrooms start at $3,650 per month; and two-bedrooms start at $5,625 per month.
● Carroll Street One, LLC
Ideal opportunity in Gowanus
Ideal Properties Group announced the launch of Armory Tower at 400 15th Street in South Park Slope.
Residences include one-bedroom penthouses available for $3,250; two-bedroom, two-bathroom apartments for approximately $3,700 to $4,200; and a 2,375 s/f triplex apartment for $6,500. T
“The newly completed brick building blends naturally into a lively, tree-lined block of brownstone and low-rise brick residences that is Park Slope’s signature,” said Aleksandra Scepanovic, managing director of Ideal Properties Group.
“We are excited at the opportunity to bring this new, excellently priced option to the ever-shrinking landscape of luxury rentals in the area.”
All of the building’s apartments feature modern kitchens opening into living areas, high-end appliances, and washers and dryers. Most have private outdoor terraces.
Amenities include storage space for each unit, a community room for residents, roof access and parking space available for rent at choice.