The Arabella Tops Out: A Vibrant New Addition to The Belmont Section of The Bronx

The construction of a new nine-story mixed-use tower, The Arabella, has topped out at 4720 Third Avenue, in the Belmont section of The Bronx. The Arabella, designed by Ismael Leyva Architects and developed by Vertical Development and Sioni Group, will include 165 rental apartments situated above two floors of placemaking retail.

The interior of the apartments is designed by Marin Architects, offering an impressive range of amenities. The leasing for these residential units will be managed by REAL New York. OmniBuild Construction has been assigned as the general contractor for the project, while DeSimone Structural Engineers is handling the structural engineering.

Topping out of The Arabella marks a significant milestone in the project's progress, making it a dynamic new addition to the Belmont community, which is known for its long-standing Italian restaurants, cafes, the Arthur Avenue retail corridor, and famous green spaces including the Bronx Zoo and Ciccarone Park.

The Arabella will provide new opportunities for both residential and commercial growth, enabling new legacies to weave into the fabric of the neighborhood. Its distinct facade is a unique feature of the building, which is situated at Third Avenue and E 189th Street, just south of Fordham University, a crucial institution contributing to New York City's ongoing growth and advancement.


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A Look At Olympia Dumbo Topping Out

Olympia Dumbo celebrated its topping out last Tuesday (August 3rd) to become the tallest residential building in DUMBO, Brooklyn, at 401-feet and 33 stories. Developed by Fortis Property Group with architecture by Hill West and interiors by Workstead, Olympia Dumbo will feature 76 condominiums and over 38,000 square feet of indoor and outdoor amenities.

Sales are handled by The Eklund | Gomes Team at Douglas Elliman and Karen Heyman of Sotheby’s International Realty.

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A Look At The Hottest New Developments Set To Launch This Spring

The New York City real estate market has seen record-breaking activity so far in 2021. Corcoran Sunshine, one of the city’s top new development sales and marketing firms, just released stats that May 8-14 officially marked the strongest week for signed contracts of any week in Manhattan since May 2007.

Below is a roundup of some of NYC’s most exciting and successful launches this year with information outlining the various building details, amenities and pricing.

450 Warren

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  • Address: 450 Warren Street, Gowanus, Brooklyn

  • Developer and architect: The team is all Brooklyn-based, with developers TANKHOUSE and architecture firm SO - IL, in their first multi-family building in New York City. 

  • Number of units/unit mix: 18 total - 2-bedrooms and 3-bedrooms, including penthouses

  • Pricing: TBD

  • Building: 450 Warren offers a completely new way to live in Brooklyn, with striking architecture featuring a central courtyard and entrances to each residence directly from the outside through a separate foyer vestibule outside the residence. 

  • Amenities: 450 Warren will feature extensive communal and private outdoor space, a gym, lounge and work space, dog grooming stations, and parking available for residents. The building will also include multiple retail spaces of over 4,000 square feet on the ground floor. 

  • Most specific estimation of sales/leasing launch: Sales anticipated to begin in June 2021

  • Sales team: The Corcoran Group’s Behzad Amiri

2505 Broadway

Credit: MOSO Studio

Credit: MOSO Studio

There’s a rush of new development taking place in the UWS and this building is responding to that with floor plans that speak to a wide range of buyers (i.e. not just families) and an architectural design that is respectful of the neighborhood but still has a forward approach 

  • Address: 2505 Broadway

  • Developer and architect: Adam America Real Estate / ODA

  • Number of units/unit mix: 44 one-to-four bedroom residences, which includes two duplex residences and a penthouse

  • Pricing: Current availability ranges from $1.5 million for a one bedroom to $5.9 million for a four bedroom

  • Amenities: An elevated amenity package, includes a well-appointed fitness center, a children’s playroom, sports court, pet spa, library lounge, and a number of private outdoor spaces.

  • Most specific estimation of sales/leasing launch: May 2021

  • Sales team: Douglas Elliman Development Marketing with Ariel Tirosh overseeing sales 

Solaire

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  • Address: The Solaire - 20 River Terrace, New York, NY 10282

  • Developer and architect: Albanese Organization, Inc. / Exterior architect Pelli Clarke Pelli Architects & SLCE Architects, with interiors by Award-Winning COOKFOX Architects, in the nation’s first LEED Certified residential high-rise.

  • Number of units/unit mix: Studio to 3BRs 

  • Pricing: starting from approximately $800,000

  • Amenities: Full-time Doorman, Live-in Resident Manager, Light-filled fitness center with private training studio, Children’s playroom, Residents’ lounge, with chef’s kitchen and dining area, Game Room, Landscaped roof terrace with sundeck, lounge area, barbeque and dining area, and Bicycle storage. Onsite Parking and Private storage is available at an additional cost.

  • Most specific estimation of sales/leasing launch: Spring 2021

  • Sales team: Corcoran Sunshine Marketing Group

The Mill

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  • Address: 10 Glenville Road, Greenwich, CT

  • Developer and architect: The Mill Owner’s Company / Granoff Architects

  • Building: Bisecting the Byram River with an idyllic waterfall, The Mill is a truly historical landmark that has been changing and adapting in Greenwich for over 200 years. The two largest buildings, the 1881 Building and 1981 Building, are being rebuilt from the inside out as 59 new luxury rental apartments, transformed to become a unique residential enclave within a walkable village atmosphere, worthy of a property with such a legacy as one of Greenwich’s most notable landmarks.

  • Number of units/unit mix: 59 luxury rental residences in a unique residential enclave within one of Greenwich’s most notable landmarks.

  • Pricing: Approximately $2500 - $11,000/month

  • Amenities: Amenities at The Mill include spacious gyms in each building, a large resident lounge and entertaining terrace overlooking the waterfall, outdoor grill and lounge venue, exceptional resident storage, bicycle storage, and package reception. A concierge service attended by LIVunLTD, located in the 1981 building, will offer a full-service planning and reservation atelier for residents. Though the area is easily walkable, cars are easily accommodated, with covered garage parking with capacity for more than two vehicles per unit, and electric vehicle chargers in the garages that support an environmentally-conscious lifestyle. 

  • Most specific estimation of sales/leasing launch: May 2021

Olympia

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  • Address: 30 Front Street, DUMBO, Brooklyn

  • Developer and architect: Developer Fortis Property Group / Architect Hill West

  • Number of units/unit mix: 76 residences, including penthouses

  • Pricing: TBD

  • Building: Created by careful hands and thoughtful minds, Olympia is a modern interpretation of its surroundings. Rising tall from the heart of historic DUMBO, Olympia offers open and expansive views of the sun-drenched Harbor and lower Manhattan skyline from the highest crest in the neighborhood. Thoughtful exteriors by Hill West Architects and interiors by Workstead all reflect a sense of scale and rhythm, and a palette of colors and materials that is grounded in the maritime and industrial inheritance of DUMBO’s waterfront. Design that reimagines luxury as artisanship and craftsmanship that you can see, touch, and feel. With 76 hand-crafted homes, Olympia is a dynamic and vibrant new community all its own.

  • Amenities: There will be over 38,000 sq ft of indoor and outdoor amenities.

  • Most specific estimation of sales/leasing launch: Sales anticipated to begin in summer 2021

  • Sales team: The Eklund | Gomes Team at Douglas Elliman, and Karen Heyman of Sotheby’s International Realty.

Era  

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  • Address: 251 W 91st Street (Corner of 91st Street and Broadway in the Upper West Side)  

  • Number of units: 57  

  • Pricing: $1.625 Million - $11.25 Million

  • Developer: Adam America Real Estate and Northlink Capital 

  • Architect: ODA    

  • Amenities: Rooftop pool, 24-hour concierge, fitness center and yoga studio, lounge, children’s playroom, youth room for gaming, music room, bike room, pet grooming station, and private storage units for purchase. Slated to be the only open-air rooftop pool on the Upper West Side. The rooftop will also feature recreational and lounge areas.    

  • Sales & Marketing: Reuveni Real Estate 

  • Sales Launch: Sales are anticipated to launch spring 2021. 

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FÖRENA Launches Sales

Fredrik Eklund, star of Bravo's Million Dollar Listing, and the Eklund | Gomes team at Douglas Elliman are launching sales today at FÖRENA, a Scandinavia-inspired condo at the intersection of Downtown Manhattan's most interesting neighborhoods – The Village, Chelsea, Meatpacking, Flatiron and Union Square.

Designed inside and out by Morris Adjmi, and named for the Swedish word for “unity,” the 12-story boutique condo is an island of calm and serenity, embracing the philosophies of Scandinavian design with fluid layouts that are flexible and adaptable, interiors designed with a restrained palette that is elevated yet minimal, and hand-crafted materials that add warmth and durability. Amenities are centered around wellness and relaxation, including a light-filled fitness center, a landscaped rooftop with an outdoor kitchen and dining space, and a lush Zen Garden for a meditative escape. Pricing starts at $1.3M.

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Landsea Homes, a California-based, publicly traded homebuilding company, along with DNA Development, a privately held, vertically integrated real estate investment and development company, today announced that sales are underway at FÖRENA, a Scandinavia-inspired condominium that is redefining the northeast corner of Sixth Avenue and 14th Street. Designed inside and out by Morris Adjmi Architects, the boutique residence is an island of calm at the center of Downtown’s most vibrant neighborhoods, introducing 50 serene homes paired with curated amenities optimized for modern living.

“We are excited to introduce this truly one-of-a-kind property and unveil the inspired architecture that is dramatically transforming the corner of Sixth Avenue and 14th Street into the new gateway to Downtown,” said Jed Lowry, Division Vice President at Landsea Homes, developer of FÖRENA along with DNA Development. “FÖRENA brings a new lifestyle perspective to Manhattan, where every home is both a quiet sanctuary and an invitation to live at the center of it all.”

Named for the Swedish word for “unite,” the 12-story building introduces a collection of one- to three-bedroom homes inspired by its unique location at the crossroads of four iconic neighborhoods: The Village, Chelsea, Union Square and Flatiron. With architecture and interiors by renowned architect Morris Adjmi, FÖRENA radiates a powerful presence with a soothing grey brick façade, chamfered custom metal framed window surrounds, and layers of cascading terraces that culminate in a striking crown. This authentic and contextual architecture gives way to a serene lobby, providing an instant respite from the streetscape and a transition from the outside world into the thoughtfully designed airy and soothing homes above.

“FÖRENA is a once-in-a-lifetime opportunity for buyers who crave that incredible Downtown energy but also desire a laid-back and peaceful lifestyle in an exquisite home,” said Fredrik Eklund of the Eklund|Gomes Team, which exclusively handles sales and marketing for the project along with Douglas Elliman Development Marketing. “Rarely does a new condominium align so perfectly with what buyers want and need in home. FÖRENA is the real deal.”

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Sales Launch: Restored Pre-War Luxury Development Announced for Upper West Side

Developers Slate Property Group and BentallGreenOak are thrilled to announce the launch of The Marlow, a boutique, luxury condominium development located on Manhattan’s iconic Upper West Side. Designed by BKSK Architects and a model unit decorated by Nate Berkus and Jeremiah Brent, Marlow will rise ten stories with 27 residences ranging from studios to four-bedroom penthouse duplexes. Located at 150 West 82nd Street, the beautifully restored pre-war building offers residents convenient access to some of the gems of the Upper West Side, including walkability to Central Park, top-of-the-line restaurants, cafes, music venues, landmarks and more. CORE, the leading boutique real estate brokerage firm in New York City, will be the exclusive sales team for the project.

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“We are thrilled to launch Marlow and bring this incredible product to market,” said Martin Nussbaum, Slate Property Group. “Marlow will provide residents with a secluded haven that aligns perfectly with the intimate nature of the Upper West Side, paired with an elegant vernacular expected of our city.”

Marlow’s 27 luxury residences will offer a wide range of sizes and floorplans and will feature herringbone wood flooring throughout the kitchen, living and dining rooms, with five inch plank oak wood flooring throughout the hallways and bedrooms. Each unit will offer pre-war beamed ceilings up to nine feet with Windsor Pinnacle series double-hung windows, abundant storage and walk-in closets throughout and a stacked Miele washer and dryer. The elegantly designed kitchens offer Miele appliances, custom stained matte white oak cabinetry with lacquered white bronze detailing, specialty etched glass backsplash in a satin finish and Kohler brushed brass faucets. Prices start in the high $600,000s.

 “The Marlow is an incredibly sophisticated and timeless project,” said Shaun Osher, founder and CEO of CORE. “We have seen increased interest from buyers looking for such exclusivity, outdoor space and the convenience of a condo unit that has the feel of a single-family home, and Marlow encapsulates all of this while located in a prime neighborhood. We are confident and excited for the response from the market for this building.”

The boutique nature of Marlow coupled with the ideal location of the Upper West Side caters to a neighborly, outdoor-centric lifestyle. The development features an array of family-friendly and outdoor amenities including a 24-hour doorman, residents lounge with a kitchenette, a children’s playroom, gym equipped by Matrix USA, tranquil courtyard, landscaped rooftop terrace with panoramic views of the city and a BBQ area, a laundry room with commercial size washer and dryer and storage units. The Upper West Side is an artistic, inviting neighborhood with an abundance of quiet streets and greenspace. Marlow is located just minutes away from exemplary New York City destinations, including Central Park, the American Museum of Natural History, Riverside Park and more. 

“The Upper West Side is quintessentially New York,” said Julie Nelson, Partner at BKSK Architects, “and preserving existing buildings while reimaging the interiors for a modern buyer is the most sustainable way to approach new development. The special architectural details that existed at the Marlow are reflected in the careful design of each unique unit. The inclusion of hidden pantries off the kitchen, family-friendly room layouts, generous closets and a refined material palette will complement the inherently beautiful and historic neighborhood.”

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2505 Broadway Launches Teaser Website

2505 Broadway, the newest Upper West Side high rise is sharing the first official details on the development as the building will launch sales in Spring 2021. The building, developed by Adam America Real Estate and designed by ODA Architecture, is a 19-story luxury condominium featuring 44 one- to four-bedroom residences. The 44 homes include two stunning duplex townhomes with private outdoor space and a one-of-a-kind four bedroom penthouse that features a large private roof terrace with Hudson River views.

ODA's design for the exterior is a modern interpretation of the traditional architecture of the Upper West Side, taking inspiration from the rich heritage and pre-war aesthetics of cherished buildings found throughout the neighborhood. An elevated suite of amenities has been programmed to include a well-appointed fitness center, a children’s playroom, sports court, pet spa, library lounge, and a number of private outdoor spaces that offer residents a calming oasis.

The building is expected to be completed at the end of 2021. Douglas Elliman Development Marketing is handling sales and marketing for 2505 Broadway, with Ariel Tirosh overseeing sales.

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Take A Look At The Lantern House Penthouses

One of the most exciting new developments in West Chelsea had recently unveiled the newest penthouses just ready to be your new home. The Lantern House, Thomas Heatherwick's first residential project in North America nearing completion along the High Line in West Chelsea, had the most expensive penthouse at the project (with an asking of $18,975,000 million), a collection of penthouses at the striking building have now been listed. Priced from $7,975,000 up to $18,975,000, each of the penthouses features a large private outdoor terrace, providing extraordinary views across New York City. Closings at Lantern House commence this spring with occupancy anticipated later this year.

Below are mages of the $18,975,000 million penthouses that just went into contract, courtesy of Related Companies.

Penthouse kitchens are designed by March and White Design and include custom bronze finished trim and hardware, Gaggenau appliances and an impressive array of additional features including a seventy-bottle full-height wine cooler, double wall ovens, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, and Calacatta Venato marble slab countertops and backsplash. The west building penthouses also come equipped with a second dishwasher, double wall ovens, dual warming drawers, and a built-in coffee maker.

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212 W. 93rd Street Launches Sales

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Sales are launching today at 212 W. 93rd Street, a highly anticipated new condo that embodies precisely what people want coming out of the pandemic: a bigger home in a smaller, low-contact building with tons of private outdoor space. 

Developed by national publicly traded homebuilder Landsea Homes (their first NYC development) in partnership with Leyton Properties, 212 W. 93rd Street was envisioned as a vertical collection of individual residences with timeless interiors by GRADE New York. The building was designed from the outside in to maximize outdoor space, natural light and interior volume, creating a unique layout for each home that is flexible to support daily needs and daily life. Oversized beveled windows seamlessly combine indoor and outdoor spaces to create a true indoor/outdoor living experience. 

“We are thrilled to unveil 212 West 93rd Street,” said Jed Lowry, Division Vice President at Landsea Homes. “New Yorkers today want a home that is optimized for their daily needs, they want a flexible layout that integrates with the outdoors and a more intimate, private setting. 212 West 93rd Street embodies this new luxury paradigm.”

The building also includes an outside amenities package, including a rooftop terrace, a children’s playroom, and a futuristic fitness studio with the latest high-tech equipment like The Mirror, which everyone is talking about these days. 

“If I were to describe 212 West 93rd Street in one word it would be: seamless. It was incredibly exciting for me to work on a project that called for so much equilibrium – between new and old, indoors and outdoors, luxury and functionality,” said Eran Chen, founding principal and CEO of ODA. “With the launch of sales, I am excited for New Yorkers to discover this unique property that lends a new perspective on living on the Upper West Side.” 

The Lindsey Stokes Team at Compass Development Marketing Group is the exclusive sales and marketing agent for the project. Construction is well underway with completion anticipated in 2021. Pricing begins at $1.875M.

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124 West 16th Street Sells Out Amidst Pandemic

124 West 16th Street

124 West 16th Street

Developer Grid Group, along with exclusive sales and marketing agent, Corcoran New Development, has announced announce that the final 9th floor residence at 124 West 16th Street is officially in contract.  Nicole Hechter of The Corcoran Group, along with Masayo Hashimoto, led sales at this highly-successful loft-inspired building with a distinctive bluestone façade.

This milestone makes 124 West 16th Street the only Manhattan condominium to launch during 2020 and sell out within a year.  The achievement is even more notable because after launching in February, activity was curtailed from mid-March to June due to the New York State stay-at-home orders.

The average sales price of the boutique building’s 15 units was over $5.8 million and $2,370 per square foot - well above the Manhattan market-wide average.  In addition, nearly every apartment received multiple offers.

“Grid Group has their the finger on the pulse of what New Yorkers desire in a home today,” explains Hechter.  “124 West 16th Street is a next-level boutique building with custom upgrades and generous floor plans - all with private outdoor space.  Plus with the building nearly complete, new owners can move in promptly – and avoid years of waiting.  These factors all resonated strongly with buyers.  Many walked in and immediately knew it was ‘the one.’”

“The pace of sales at 124 West 16th Street exceeded all expectations,” added John Felicetti, Vice President of New Development at The Corcoran Group. “To sell out during one of the most complicated markets in history is a testament to the talented sales team, calibrated pricing, and the superior quality Grid Group upholds in all of their buildings.”

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Sales Now Underway New Upper West Side Condominiums at 212 West 72nd Street

Last week was the sales launch of 212 West 72nd Street, an iconic, modern Upper West Side building that is currently undergoing a top-to-bottom transformation into condominium residences. Built in 2010 as the neighborhood’s premier rental building formerly known as “The Corner,” 212 West 72nd Street is a rare gem for its prime, convenient location at the corner of Broadway and 72nd Street, its beautiful Central Park views and its airy, light-filled residences. It's made even more rare by the fact that is could possibly become the last rental conversion in NYC (following new legislation passed in 2019).

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Douglas Elliman Development Marketing To Oversee Sales and Marketing for Graydon Chelsea

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 Douglas Elliman Development Marketing announced that the firm will be handling the exclusive sales and marketing for the ground up new residential condominium project, Graydon Chelsea. Developed by Pan-Brothers Associates and Valyrian Capital with architectural design and residence interiors by Kutnicki Bernstein Architects, the Graydon Chelsea, a 15-story building with an elegant terra-cotta tile façade and oversized windows is located at 128 West 23rd Street in the heart of Chelsea. Greg Williamson, Andrew Anderson and Bruce Ehrmann at Douglas Elliman are the exclusive agents for the project. 

“Graydon Chelsea is a sophisticated sanctuary in the heart of Manhattan’s tech hub and creative core. We are looking forward to bringing this residential offering to market,” said George Pantelidis, co-founder and Principal, Pan-Brothers Associates.

The 30 residences are a blend of one-and-two bedroom units with a three-bedroom penthouse. More than half with outdoor spaces. Spanning 610 square feet to 2,481 square feet each residence features sound attenuated 8’ to 9’6” tall windows, 6” plank European white oak wood flooring, living room ceiling heights from 9’8” to 11’-2”, high-efficiency central heating and cooling and Bosch washer and dryers. Kitchens have custom Italian cabinetry with walnut wood veneer and lacquer finish from Cesar New York, Porcelanosa polished-chrome fixtures with undermount sink, Blue de Savoie marble-slab kitchen countertops and Miele appliances including a refrigerator, stainless steel oven and dishwasher.

Primary bathrooms boast a custom walnut vanity by Cesar New York, Pietra Cardosa vanity countertops, Porcelanosa polished chrome fixtures, Porcelanosa Sotto undermount sink, Porcelain Cararra stone walls and black slate herringbone pattern stone tile flooring. In the secondary bathrooms are Custom Italian ash vanities by Cesar New York, Porcelanosa polished chrome fixtures, Bianco Carrara slab vanity countertop, Harlem Acero floor tile and spire pattern tile walls. Powder rooms have Anne Sacks terrazzo wall tile.

“The building’s modern design coupled with such elegant finishes will attract discerning buyers,” explained Andrew Anderson. “We anticipate buyers will be especially drawn to this project for its small size and low-density living in the wake of COVID-19,” added Bruce Ehrmann.

Amenities include an attended double-height lobby, appointed with Carrara marble desk, limestone floors, hand plastered walls and original artwork and a South-facing second floor residents’ lounge and fitness center with custom millwork, TV and wet-bar. Also on the second floor is a landscaped terrace with outdoor fireplace, kitchen and dining area. The landscaped roof terrace with city skyline views offers an outdoor barbeque and wet bar. Private storage units are available as well as bicycle storage.

Graydon Chelsea is perfectly situated downtown near the West Village, The Highline and the Flatiron District. It is central to multiple transit lines and conveniently located near trend-setting culture, art, food and fashion.

Pricing ranges from $995,000 to over $5 million. Sales will commence this month with occupancy slated for fall of 2021.

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