● THE WITKOFF GROUP
Charles churns out the sales
An affiliate of The Witkoff Group, developer of the new luxury condominium 150 Charles Street in the West Village, announced that the property has achieved over half a billion dollars in sales since the launch of marketing and sales on February 11, 2013.
150 Charles Street will have 91 homes individually conceived by CookFox Architects, with interiors by Alan Wanzenberg Design.
The 16-story masonry and glass building is tucked between Charles and West 10th Streets, half a block from the Hudson River.
“150 Charles Street is experiencing unprecedented pre-sales activity for a premier new condominium development in New York City,” said Steven C. Witkoff, chairman and CEO of The Witkoff Group.
“Buyers have demonstrated a willingness to act quickly at benchmark prices to secure a residence in the finest and final building of its kind in the West Village.”
Sales have been driven largely by word-of-mouth and private previews at the 7,000 s/f Sales and Design Gallery. One in five visitors have gone into contract, according to Witkoff.
150 Charles will consist of ground-level maisonettes (some of which will have private garages with direct access from the street and all offer direct building access), loft-like simplexes and duplexes, and duplex penthouses with private outdoor space.
The more than 75 one-to-six bedroom layouts at 150 Charles range from 1,400 to more than 5,800 s/f and from $4 million to more than $30 million.
Thirty-five of the condos will have private outdoor space including setback terraces and gardens, each custom-designed by landscape architect Dirtworks.
“150 Charles Street offers a distinctively unique West Village lifestyle which has attracted a highly discerning and sophisticated clientele,” commented Susan de França, president and CEO of Douglas Elliman Development Marketing, the exclusive sales and marketing agent for 150 Charles. “The velocity of sales and pricing achieved to date at 150 Charles Street is record-breaking for a new condominium development in Manhattan.”
● corcoran sunshine
Doubling up at 515 E72
Demand for larger homes has prompted Corcoran Sunshine Marketing Group to unveil a new line of two-bedroom apartments at 515 East 72nd Street.
The 326-unit condo — once known as The Miraval and now 75 percent sold — is offering 1,370 s/f residences with a split two-bedroom plan, two full baths and two balconies starting at $1.875 million.
“515 East 72 is close to 80% sold and we have found that many buyers, attracted by the vast array of amenities and services of this unique building, are looking for two-bedrooms with grand living space,” said Elaine Diratz, a Corcoran Sunshine managing director.
“The newly constructed two-bedrooms expanded our inventory to meet this growing trend. These residences also boast incredible natural light and air from terraces and large windows which are very appealing to buyers.”
515 East 72 was taken over by developer Steve Witkoff in a partnership with Westbrook Partners in 2011 after the original developer fell behind on loan payments.
The building offers studios, one, two, three and four bedrooms, over 84 percent of which have outdoor spaces. Prices range from $699,000 to over $12.5 million.
● halstead property development marketing
Closings underway at Fieldston
Halstead Property Development Marketing today announced that closings began last week at Fieldston Lofts, a new residential condominium at 3751 Riverdale Avenue in Riverdale, New York.
Fieldston Lofts is a seven story, 10-unit new development comprised of three- and four-bedroom homes with private outdoor space.
The remaining residences range in size from 1,865 to 2,164 s/f and in price from $929,000 to $999,000.
Halstead Property Development Marketing re-launched sales in October after an overhaul of the marketing and sales strategy.
“Upon our re-launch, interest in the property was immediate,” said Stephen G. Kliegerman, president of Halstead Property Development Marketing. “Buyers appreciate the extra amenities provided at Fieldston Lofts that will make their everyday lives easier and more convenient.”
● LCOR
A+ for new Broad Street line
LCOR announced the launch of an additional apartment layout style at 25 Broad for immediate occupancy.
“With the majority of 25 Broad’s construction complete and the building at 85 percent occupancy, we are excited to open this section of the building,” said David Sigman, executive vice president and principal at LCOR.
“Partnering with BoConcepts in the furnished model allowed us to showcase the new design and layouts in an environment people could envision as their home.”
The A-line apartments feature three walls of oversized landmarked windows and triple exposures. The 19 homes are a mix of one- and two-bedroom residences, with monthly rents starting at $3,800 for a one-bedroom up to $5,200 for a two-bedroom. The A-line homes have marble baths, stainless steel appliances from GE and stone countertops.
“The architecture of the grand entrance and the historic elements, coupled with the modern design of the apartment interiors inspired me to create a harmonic, lively feel for the A-line apartment furnishings,” said Niki Cheng, owner of BoConcept New York.
