The Alexander – 250 East 49th Street

July 22nd, 2010 · Filed Under: The Alexander - 250 East 49th Street
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The Alexander

The Alexander is a luxury condominium building located on East 49th Street in Turtle Bay. Designed by Sydness Architects, The Alexander features loft like homes with floor to ceiling windows and 12 ft. ceilings. Residences are designed for open, fluid living, and are finished in onyx, black granite and bronze. The Alexander is a 24-story glass tower that emerges from a terra cotta carapace. The Alexander features one, two and three bedroom condominium homes. The building contains 88 homes total.

Units and Pricing

There are currently 48 units available for sale at The Alexander, ranging in price from $941k to $4.5M. The smallest units are the one bedrooms, and these range from 647 to 697 square feet. Two bedrooms, which start at $1.5M and go up to $2.4M, and range in size from 995 to 1,497. Three bedrooms, which boast 2,086 square feet, range from $3.4M to $4.5M.

Features and Amenities

Residences at The Alexander feature 12 ft. ceilings and oversized floor to ceiling windows. The sun-drenched layouts are outfitted with white oak floors, and feature Miele washer/dryer units, individually controlled central heat and central air conditioning, privacy shades and custom designed Poggenpohl kitchens.  Bathrooms feature Jerusalem Gold limestone floors and Kohler bathrubs and sinks. Some units feature private outdoor space.

Amenities include a 24-hour doorman/concierge, an in-house Equinox fitness center, a landscaped terrace, a refrigerated storage room, private storage for residents, and room tax abatement.

Location

The Alexander is located in Turtle Bay on the East Side, just a stone’s throw from the United Nations.  Turtle Bay is a historic neighborhood, and has been inhabited by everyone from Edgar Allen Poe to Katherine Hepburn. The neighborhood provides to world-renowned landmarks such as the Museum of Modern Art, Carnegie Hall, Radio City and more. The neighborhood also features a variety of restaurants and small boutiques and bars.

Investment Potential

The Alexander offers a nice product in a very convenient location. The pricing is steep at $1500 a square foot, but the architecture, amenities and finishes make it worth it. B+

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Manhattan House Update

June 7th, 2010 · Filed Under: Manhattan House - 200 East 66th Street
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Located at 200 East 66th Street, Manhattan House is a landmarked Modernist icon that has been impeccably re-engineered by O’Connor Capital Partners to combine its Modernist heritage with quintessential elements of contemporary living.  Manhattan House was originally designed in 1950 by Pritzker Architecture Prize Laureate architect Gordon Bunshaft of Skidmore, Owings & Merrill and was designated a historic landmark in 2007 by the New York City Landmarks Preservation Commission.  Bunshaft, the visionary behind such recognized buildings in Manhattan as Lever House and 9 West 57th Street, based his design for Manhattan House on the Modernist principles of light, order and simplicity.  The building features gracious residences available for immediate occupancy.

Manhattan House Condominiums

Units & Pricing

Set within private gardens, Manhattan House offers spacious, light-infused, one-to-five bedroom condominium residences with multiple exposures, separate bedroom areas, and expansive closet and storage space, as well as fireplaces and private balconies. Residences range in size from approximately 950 square feet to more than 3,500 square feet and are priced from $995,000.

To meet the growing demand for larger residences in the city, Manhattan House recently unveiled The Modern Collection, inclusive of five residence-types that offer spacious layouts, additional bedrooms and more square footage.  These residences range in size from 1,900 square feet to more than 3,300 square feet and are priced from approximately $3 million to more than $6 million.

Manhattan House will also offer an unprecedented penthouse with 4,200+ square feet of interior space and 2,100+ square feet of private outdoor space.

Finishes

Manhattan House is a post-war condominium built to pre-war specifications.  The building features interiors that have been thoughtfully re-designed with high-quality materials and exceptional craftsmanship.  Residences have solid oak flooring throughout and custom plaster moldings.  Windowed kitchens feature Viking Professional Series stainless steel appliances, CaeserStone Lagos Blue countertops, Ann Sacks glass tile backsplashes and custom wood cabinetry.  Elegant baths offer Sebastian and/or Zocalo Crème marble and polished chrome fixtures.  Master baths of select residences feature radiant floor heating.

Manhattan House Kitchens

Amenities

Manhattan House recently opened the first New York City residential location of exhale®, the highly acclaimed national mind body spa brand.  The transformational rooftop spa features a mind body studio with striking city views, therapy room, meditation lounge and tea bar.  Exhale’s results-oriented spa and healing therapies, programs, teachers and technicians are available both in-spa and in-residence.  Core Fusion®, Core Fusion® Sport, Core Fusion® Yoga and Vinyasa Yoga classes are offered to residents through the building’s weekly roster of group classes. Private personal training sessions are also available.

Exhale Spa Manhattan House

The spa complements the fitness center, which opened at Manhattan House in June 2009 and is also exhale’s first residential fitness center in New York City.

In addition to the exhale amenities, Manhattan House has full-time doormen, five-star concierge services, porte-cochere entrances on the tree-lined, two-way 66th Street, and an on-site garage and valet service.

Residents enjoy the 10,000-square-foot rooftop level including the Randall A. Ridless-designed Manhattan Club, which has an outdoor terrace and indoor library and lounge for residents’ enjoyment and relaxation and provides morning coffee, pastries and newspapers. Manhattan House also features a Roto Studio-designed children’s playroom and one of Manhattan’s largest private residential gardens.  Designed by Sasaki Associates, the Manhattan House gardens are enhanced by two significant sculptures, Trinity and Red Gateway, designed by internationally acclaimed Sculptor Hans Van de Bovenkamp.

Location

Manhattan House is situated in the heart of Manhattan’s Upper East Side, offering easy access to the City’s premier cultural institutions, schools, Central Park, museums, medical facilities, shopping, and restaurants.

Investment potential

This Mid-Century Modernist icon is a New York City landmark and a classic residential building.  The re-engineered residences and brand-new amenities, paired with the coveted Upper East Side location, make Manhattan House a “can’t miss.”  A building like Manhattan House never goes out of style. A

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Chelsea Enclave – 177 9th Avenue

June 7th, 2010 · Filed Under: Chelsea Enclave - 177 9th Avenue
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Chelsea Enclave, located at 177 Ninth Avenue, looks better suited to a New England college campus than a busy city, and it’s no surprise – the building is set along the eastern edge of the General Theological Seminary, the oldest continuously operating seminary in the United States, which offers striking, Gothic Revival buildings. Chelsea Enclave was developed by The Brodsky Organization, and designed by Polshek Partnership Architects. The building features 53 layouts with classic proportions and interiors by Alan Wanzenberg Architects. Chelsea Enclave is aptly named, it occupies an enclave on Ninth Avenue between 21st and 22nd Streets. The Seminary buildings, which are some of the neighborhoods earliest historic structures, encircle “The Close” – a block long enclosed garden that boasts expansive lawns and mature trees. Chelsea Enclave offers one to four bedroom residences, which share the tucked-away block of open green space.

Chelsea Enclave New Condominiums

Units and Pricing

Chelsea Enclave offers both rental and sales listings. There are currently 9 available sales listings, ranging from $1.325M for an 882 square foot one bedroom to $10.75M for a 3,452 penthouse four bedroom home. Two bedrooms range from $3.115M for 1,787 square feet for $3.75M for 1,648 square feet. There is one three –bedroom unit listed at $5.15M; it offers 2,129 square feet. There are three four-bedroom units, two of which are penthouses. These range in price from $5.82M to $10.75M. The average price per square foot for these sales listings is $1,785.
There is also one rental listing available at Chelsea Enclave. It’s a two-bedroom apartment with 1,011 square feet, and is listed at $7,150/month.

Chelsea Enclave Living Room

Features and Amenities

Layouts at Chelsea Enclave are inspired by pre-war apartments, and offer charming vestibules and clearly defined rooms with plenty of natural sunlight. The homes at Chelsea Enclave boast low sheen white oak floors, semi-open kitchens and oversized windows, as well as handcrafted tile work and customized cabinets. Kitchens feature light-oak wood cabinets, black granite countertops and Sub-Zero, Wolf and Bosch appliances. Bathrooms boast timer-controlled radiant heat systems underneath the oversized Botticino Fiorito stone tile floors. Penthouses at Chelsea Enclave are multi-floor and range in size from two to four bedrooms. They feature floor to ceiling and wraparound windows, as well as polished marble, natural stone and rich wood finishes.
Amenities include access to “The Close”, a block long enclosed garden surrounding the western side of the building, 24-hour concierge, children’s playroom, fitness center, bicycle and private storage, on-site parking and assorted roof lounges that include a sundeck, dining area with stainless steel grill and entertaining area.

Chelsea Enclave Penthouse
Location

Chelsea Enclave is located at 177 Ninth Avenue between 21st and 22nd Streets – but it’s the building’s proximity to the Seminary that is most amazing. The architecture of the surrounding buildings and the abundance of green space are what set the building apart. The Chelsea neighborhood itself is teeming with incredible restaurants, historic tree-lined blocks, chic boutiques and bars. Chelsea Enclave is just a short walk away from the Hudson River and Chelsea Piers sports facilities.

Investment Potential

Chelsea Enclave has a great location as well as the abundant green space. The residences themselves perfectly marry classic pre-war layouts with modern finishes and design, and the results are stunning. B+

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One Jackson Square – Update

June 4th, 2010 · Filed Under: One Jackson Square
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One Jackson Square has been one of the hottest buildings in New York City, with residents and admirers alike raving about its modern architecture, exceptional quality residences and quintessential Greenwich Village location. It is currently 83% sold and closed, and the remaining residences are available for immediate occupancy. These residences include three two-bedroom homes, one three-bedroom home and one four-bedroom penthouse. Prices start at $4.05M.

One Jackson Square Building Exterior Design

One Jackson Square if located at the very northern tip of Greenwich/West Village directly across from Jackson Square Park. The floor plans are far from tiny, boasting light filled, expansive spaces. The entire building, with its undulating glass façade, is designed for environmental sustainability. Responsible construction ensures energy efficiency, optimal indoor air quality and eco-friendly design including multiple terraces and a green roof that comprises over 20% of the overall site area. One Jackson Square is comprised of 30 condominium residences, giving the building a boutique feel.

One Jackson Square Terrace

Features and Amenities

The building offers 10-foot ceilings, Dornbracht faucets and fixtures, Kohler sinks, Miele kitchen appliances, Sub-zero fridge and freezer, sub-zero wine cooler and walnut cabinetry all very typical to Manhattan condos. Additionally, the bathroom contains Calacatta marble vanities and flooring, under floor heating systems, and a cast-iron tea-for-two soaking tub.

One Jackson Square Living

The amenities are open, and they include a fully equipped gym and a garden courtyard, as well as a plethora of other offerings such as a 24-hour concierge and valet parking. One Jackson Square has a few units with outdoor space.

One Jackson Square Observatory

Location

One Jackson Square is located on the corner of 14th Street and Eighth Avenue. While this location might not appeal to some, as it’s not quite as quaint as the most western portions of the Village, one can’t deny One Jackson Square’s convenience. It’s located literally steps from the L and ACE trains at 8th Avenue, and is across the street from gourmet grocer Balducci’s. To the west, residents can venture into the deep West Village, which offers luxury boutiques and restaurants as well as quaint treelined streets. A short walk up 8th Avenue offers a bevy of food and drink options, as well as the entry point into Chelsea.

Investment Potential

The views alone could sell One Jackson; the fact that the entire building is covered in glass means that the exterior sparkles from every angle while the interior boasts stunning views everywhere you turn. Couple this with the generously sized floor plans and the top of the line finishes, and you’ve got a building that’s been selling well, even throughout the not so hot real estate market. One Jackson Square has delivered on everything the promised  and buyers have spoken. A

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Merritt House – 167 East 82nd Street

June 3rd, 2010 · Filed Under: Merritt House - 167 East 82nd Street
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Designed by the legendary Andres Escobar, Merritt House is located on 82nd Street in the heart of Manhattan’s Upper East Side. It’s a pre-war building renovated by Escobar, boasting classic three and five room homes with period touches such as wood-burning fireplaces with custom mantels, herringbone floors and crown moldings. A boutique building that has maintained an air of historical elegance, Merritt House was originally designed in 1930 by Schwartz & Gross. It stretches 10 stories high and offers 38 condominium residences.

Merritt House Upper East Side

Units and Pricing

There are currently four available listings for sale at Merritt House, as well as another nine residences in contract. The four available residences, one and two bedrooms, range in price from $925,000 to $2.2M. One bedrooms come it at 878 square feet and the two bedrooms are 1621 square feet – definitely “generous.” And at $1,195 a sq.ft. the pricing is attractive.

Features and Amenities

Merritt House has been meticulously restored and offers old world grandeur with modern amenities. The canopied entrance leads into a vestibule, and, four steps down, an attended marble lobby with a vaulted ceiling. The first floor contains the amenities, which include a 24-hour doorman, a children’s playroom, a fitness center and a dining room with a catered kitchen. All of these amenity spaces contain windows that overlook the landscaped courtyard.

Merritt House offers one and two bedroom residences, all with wood-burning fireplaces, oak herringbone floors and windowed, eat-in kitchens with marble floors. Kitchens have updated stainless steel appliances as well as custom white wood cabinetry, and bathrooms boast Creme Marfil marble floors with mosaic patterns. Apartments also contain Bosch washer/dryer units. The two bedroom apartments at Merritt House contain 15’ 8” by 11’ 2” dining rooms.

Location

Merritt House sits on a tree-lined block, neighbored by brownstones and sophisticated eateries. It’s just a short walk to Central Park, as well as a variety of cultural attractions, fine dining and upscale boutiques. Merritt House is on the same block as beloved restaurants Le Refuge and Girasole.

Investment Potential

The Merritt House is absolutely an understated, elegant building on a prime Upper East Side block. Andreas Escobar also brings a unique style to this pre-war building. The generous floorplans, unique details and amenities makes Merritt House a solid investment. B+

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