Manhattan Blog

High Line New Development Roundup


As Hudson Yards construction activity is picking up, so are the weekly announcements of new ultra-luxury and luxury condo developments along the High Line Park, the 1.6 mile elevated train track turned public park that runs north from the West Village through West Chelsea to 34th Street in New York. Long an industrial no man’s

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Posted by ricardo on 12/14/2013 | |

Hudson Yards Effect – A New City Rises


Hudson Yards, the long awaited mega-development on the far west side of Manhattan, located due west of Penn Station, is finally rising. A year ago, we were questioning whether the new Hudson Yards development would ever happen. Over the last six months, however, as ground breaking has finally taken place on a few of the

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Posted by ricardo on 10/16/2013 | |

New Development Highlight: 508 West 24 Street


Adjacent to the High Line, 508 West 24th Street is a new 10-story condo by architect/developer Cary Tamarkin in the West Chelsea neighborhood of Manhattan. With only fifteen sun-flooded residences ranging from 2,200 to 3,300 square feet, the building’s units will all feature views of the High Line Park. Residences at 508 West 24 Street will

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Posted by ricardo on 10/16/2013 | |

New Development Highlight: Halcyon


Halcyon is a 32-story luxury condominium tower located at 305 East 51st Street offering 123 premier residences in the heart of Midtown East neighborhood in Manhattan. Halcyon is a glass and steel building atop of a limestone base with bronze accents. The exterior of this condominium building is both modern and classic, fitting into the context

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Posted by ricardo on 10/14/2013 | |

New York Property Prices to Rise 30% in Next Three Years


According to global real estate brokerage, Savills’ Plc, New York City ranked only second to Tokyo in terms of “above-gilts” yield when comparing this measure across the top 10 global cities. Behind New York City, was Paris and then London. “To understand the true appeal of residential as an asset class in each city”, Savills’

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Posted by ricardo on 9/17/2013 | |

When Buying a Property in NYC Every Second Counts


For the last 9 months, we have been telling our buyers about the shortage of available inventory for sale in NY and how that will play out in the market.  Well, Bloomberg finally picked up on the trend with its recent article titled: “Manhattan Homes Under $3 million Never Harder to Buy”. The article and

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Posted by ricardo on 8/9/2013 | |

432 Park Avenue Sales Update


  According to the New York Times, the Penthouse at 432 Park Avenue is in contract for $95 million, placing it squarely in competition with One57 for the most expensive single family residence in Manhattan history. In other exciting news, Curbed recently published the “First” Interior Illustrations of the 432 Park Avenue. While we saw

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Posted by ricardo on 6/10/2013 | |

One57 Condo Update


  This past week in New York, Extell unveiled its dramatically staged on-site model apartment on the 41st floor. The 3,228 sq. ft. three-bedroom model at One57 is listed for $17.5 million. Upgrades to the apartment, however, were reported to retail at $3 million. While the condo building is over 70% sold, with only one

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Posted by ricardo on 6/9/2013 | |

New Development Highlight: The Carlton House


  Extell, the developer behind the ultra-successful, ultra-luxury One57, recently launched sales of the reimagined The Carlton House (on Madison Avenue between 61st and 62nd Street), just north of Barneys and only one short block from Fifth Avenue.  Already, the building has been a resounding success having sold approximately 40% of its apartments in only

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Posted by ricardo on 6/8/2013 | |

432 Park Avenue Officially Launches Sales


  The long-awaited 432 Park Avenue ultra-luxury, super-tall tower has just officially launched sales in New York. And, it’s already over one-third sold.   While we had been talking about 432 Park Avenue for quite some time, the project, which has been quietly marketed while its showroom and marketing materials were being created, finally opened its

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Posted by ricardo on 3/22/2013 | |
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