New Development Highlight

THE SORTING HOUSE | HELL’S KITCHEN | 318 W. 52ND STREET | LOFT STUDIO, ONE AND TWO BEDROOM CONDOS | $895K-$2.2MM

This unique boutique condominium is located in the heart of Hell’s Kitchen, atop a 1926 Post Office building. It is comprised of 30 loft style units, over three floors, with 28 of them featuring private terraces or roof patios. Unlike the typical condominium offering in the neighborhood with hundreds of units in a bland tower with generic finishes, the Sorting House has a more intimate scale, character and creative design features. Finishes are top notch, and the building has the amenities befitting a luxury development, including a doorman, fitness center, yoga studio, private storage units, landscaped roof deck and a bike room. Coupling these features with very attractive prices starting around $1,250/square foot, vs. $1,500 on average for Midtown West, the Sorting House is among the most compelling new development opportunities on the market today.

Please note: The Sorting House is just about to launch sales. We highly recommend clients be among the first buyers in any new development for best pricing and selection of units. We have consistently seen strong investment results for clients who employ this approach. Please contact us immediately if you have interest and we can get you in right away to check out this remarkable opportunity.

ALTES HOUSE | EAST VILLAGE | 324 E. 4TH STREET | 1 - TO - 3 BEDROOM CONDOS | $750K-$2.2MM

BEST VALUE NEW DEVELOPMENT OF 2015

In the inventory constrained East Village, this new condominium development offers 11 well designed one, two and three bedroom homes. While the design elements and layouts are fantastic, the real highlight is that this is among the most affordable new developments in Manhattan of 2015. With prices averaging just $1,300/sqft, and with an opening price of around $750K for a one bedroom, $1.4MM for a two-bedroom, and $2.2MM for the 1,500sqft penthouse featuring 3 bedrooms, 2.5 bathrooms and multiple outdoor spaces, this new development is uniquely positioned for buyers to take advantage of low interest rates to buy a top quality home or investment property.

While the building blends thoughtfully in with its neighborhood, the interiors are thoroughly modern. High end features include solid oak floors, stonebathrooms and marble waterfall counters. Bertazzoni stoves, Fisher & Paykel refrigerators, Bosch dishwashers, washers & dryers, and walk-in closets are also included. Located at the crossroads of the ultra-hip East Village and Lower East Side, East Fourth Street is a charming and quiet block. Within a few blocks there is a rich assortment of dining and entertainment options.

CIRCA | CENTRAL PARK NORTH | 285 WEST 110TH STREET | ONE- TO- FIVE BEDROOM CONDOMINIUMS FROM $1.1MM

SPECTACULAR CENTRAL PARK VIEWS

I am pleased to be collaborating with TOWN New Development on the sale of Circa, a stunning new development on the Northwest Corner of Central Park at the crossroads of the Upper West Side and Harlem. With its unique position right on Central Park, look for stunning views of the park and the Midtown skyline from most of its 38 units. Starting at just $1.1MM, there is a mix of one- to five-bedroom condos, many of which will have private outdoor space. Homes will feature luxury finishes, and there will be all the amenities that buyers expect in a full-service condo–multiple outdoor spaces, a residents lounge, a fitness center, storage units, a bike room and 24 -hour doorman. In a location that can ’t be beat for access to some of the richest cultural amenities of our City, and available at very approachable price points, there is significant interest in this project. If you are interested, please contact me directly at sbech@townrealestate.com for access during our preview period for the best selection of units and most attractive pricing.

52 WOOSTER STREET | SOHO | THREE & FOUR BEDROOM LOFT CONDOMINIUMS FROM $5.3MM

SPACIOUS, BRIGHT AND BEST PRICED CLASSIC SOHO LOFT HOMES

These lofts are a true opportunity to experience Downtown Manhattan living at its finest. With just three full-floor, three-bedroom corner lofts, and a 4,000sqft+ duplex four-bedroom penthouse with private rooftop, this boutique condominium is ideally located in the heart of SoHo. No detail has been overlooked in these stunning homes with up to eleven-foot ceilings, oversized windows that bathe interiors in natural light, eight-foot doors, fireplaces and wide-plank oak flooring throughout. Top of the line appliances, luxury features and the best materials are used in the kitchens and bathrooms. Situated on an iconic SoHo city street, the unbeatable surrounding neighborhood is rich with an intoxicating atmosphere. From designer clothing boutiques to world-class restaurants, all the best of downtown Manhattan is right outside your front door.

Sales have just launched for 52 Wooster. Combining the high quality and boutique size of the building with a rare corner location that provides direct natural light in all rooms through oversize windows, these homes are very well priced, especially given the shortage of 3-bedroom homes in SoHo and as compared to many of the other new developments across downtown.