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Deals & Dealmakers

The Edison Gramercy Reaches 50% in Sales

New York City’s newest luxury development, The Edison Gramercy, has achieved a monumental milestone, now having reached 50% of its residences sold in less than a month since sales launch. Located at 250 East 21st Street, The Edison Gramercy is ideally situated in one of the city’s most iconic and celebrated neighborhoods, moments from Gramercy Park and close to Union Square’s tech and transit hub.

The Edison Gramercy houses a limited collection of 54 boutique studio to four-bedroom condominium
residences, ranging in price from approximately $925,000 to over $6 million. The new residences have
received an overwhelmingly positive response following the sales launch in early April, with 27 contracts
signed.

“We are overjoyed with the level of engagement and success we’ve been receiving for this exquisite
property. We’ve recently been seeing a trend of people gravitating toward boutique buildings and we
wanted to create a project that captures the essence of elegant Parisian style in a romantic location,”
says Fredrik Eklund, who is leading sales for the building. “The Edison Gramercy truly offers everything
our buyers are looking for.”

The Edison Gramercy features enchanting Parisian style and an exquisite level of bespoke design, with
interiors designed by Paris Forino Design, a world-renowned luxury interior design & decorating firm,
and with model residences designed by AD100 firm ASH NYC. Issac & Stern Architects, a prolific architectural firm based in New York City, conceived the building’s elegant exterior architecture and
design. The collection of homes is enhanced with a suite of wellness and social amenities, including a
thoughtfully designed residents’ lounge and yoga garden, sun terrace, Gramercy Park-inspired roof deck,
and fitness center.

Current availability at The Edison Gramercy includes one- to four-bedroom homes starting at just over $1
million. Fredrik Eklund and John Gomes of The Eklund|Gomes Team at Douglas Elliman are the property’s exclusive sales and marketing agents.

For more information, please visit www.theedisongramercy.com/

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