Real Estate Weekly
Image default

NEW DEVELOPMENT: Vanbarton gets leasing underway at Hollingsworth

Leasing underway at Hollingsworth

Vanbarton Group announced the launch of leasing at Hollingsworth (pictured top) in Manhattan.
Located at 70 West 37th Street at the corner of Sixth Avenue in Midtown, the 25-story rental building features a collection of 380 luxury residences paired with a suite of technology and lifestyle-driven amenities.
Designed by Fogarty Finger, the residences range from studio to two-bedroom apartments, with more than 70 percent offering private outdoor space.
The apartments begin at approximately $3,330 per month for a studio, $4,250 per month for a one-bedroom and $5,925 per month for a two-bedroom. Move-ins begin next month.
Amenities include a fitness center equipped with Peloton bikes and Technogym equipment, a 24-hour doorman and a Hub by Amazon digital locker package system, a variety of co-working spaces, social lounge, landscaped rooftop, valet laundry service, bicycle and resident storage, and on-site parking.
The pet-friendly building will also host social gatherings to bring residents together.
All residences feature washer and dryers, wood plank flooring and built-in roller shades. Kitchens feature stone countertops, waterfalls and backsplash, stainless steel built-in European appliances and soft-close cabinetry.
The property also consists of 75,000 s/f of office space, 12,000 s/f of retail space and 120 parking spaces.

Milestone for Brooklyn Point

Brooklyn Point

Extell Development Company announced that the company’s first Brooklyn project, Brooklyn Point, has reached a major construction milestone.
Rising to 720 feet high, the 68-story building has cemented the title as the tallest building in Brooklyn.
Construction is progressing on schedule and first closings are slated to commence in early 2020.
The tower os the first and only for-sale building at City Point which is the largest food, shopping and entertainment destination in Brooklyn.
The skyscraper was designed by Kohn Pedersen Fox with interiors by Katherine Newman.
Offering a mix of studio to three-bedroom residences, the building offers an array of lifestyle amenities and services spanning over 40,000 s/f.
The building’s roof will feature the highest residential infinity pool in the Western Hemisphere. Adjacent to the pool is a landscaped rooftop retreat outfitted with a sundeck, al fresco dining areas, changing rooms, showers and an outdoor movie screening space.
The property will feature a 65 ft. indoor saltwater swimming pool, 35 ft. rock climbing wall and yoga studio, Pilates and cycling studios, and a squash/basketball court.
Brooklyn Point’s spa will also include an infrared sauna, men’s and women’s steam rooms, and hot tub.
Social and entertainment amenities include the Park Lounge, featuring a signature bar, salon, fireplace, and co-working space, as well as a chef’s demonstration kitchen, wine library, game lounge, screening & performance room, private study, and children’s playroom.
Pricing starts at $850,000.

180 Broome tops out


Delancey Street Associates (DSA) announced the topping out of 180 Broome Street.
The 26-story mixed-use building will include 175,000 s/f of Class A office space, 263 units of mixed-income rental housing and 27,000 s/f of retail space, which includes a portion of the Market Line and the Broome Street Gardens, an indoor park.
Essex Crossing is being developed by DSA, which comprises BFC Partners, L+M Development Partners, Taconic Investment Partners, the Prusik Group and the Goldman Sachs Urban Investment Group.
The Handel Architects-designed 180 Broome is the fifth of nine Essex Crossing sites to top out and anticipates a completion in late 2020.
Construction of 180 Broome was financed through a $200 million from Wells Fargo and M&T Bank, as well as through equity from DSA and Goldman Sachs.
With roughly 90 percent of Essex Crossing now open or under construction, the project is coming to life with its first residents, with many more to come in 2019. Seven of its nine sites are now open or under construction.
The residential portion of 180 Broome will comprise an amenity floor, 142 market-rate rental units and 121 affordable rental units.


Sales kick off at FiDi conversion

LCOR announced the launch of sales for its condominium conversion at the Broad Exchange Building located at 25 Broad Street.
The conversion includes 8,000 s/f of new and upgraded amenities. Spaces include a resident lounge, game room, children’s play room, communal rooftop with barbeque facilities, children’s outdoor play terrace, fitness center, yoga room, sports simulator room, and dog grooming facility.
David Sigman, executive vice president and principal at LCOR, said, “The building’s rich history, ample modern amenity spaces, and location in the heart of FiDi make it a truly unique offering and we’re excited to bring it to market.”
Adrienne Albert, founder and chief executive officer of The Marketing Directors, the exclusive sales and marketing agency representing the project, added, “With classic architecture, high ceilings and prime positioning right across from the New York Stock Exchange, The Broad Exchange Building stands apart from other buildings.”

Related posts

Denholtz Properties Acquires 214-Unit, Luxury Community in Hudson County, N.J.


Pacific Urban Investors Expands Southern California Portfolio with Acquisition of La ScalaStrengthening Presence in Highly Desirable San Diego Submarket


KeyBank Secures $20.3 Million of Financing for Multifamily Housing Property in Anchorage, AK.