CBSK Ironstate has announced that The Lindley, Murray Hill’s newest full-service condominium building which is currently under construction nearing completion, has surpassed 50% sold. Since launching sales over the summer and opening their on-site sales center in November 2017, The Lindley has become one of the fastest-selling condominium developments in Manhattan, seeing steady sales velocity and foot traffic throughout the typically slow late-summer and winter periods. Recent sales at The Lindley include one of two penthouses, a 2/2 with a 400 SF terrace, which is under contract for $3.13 million. Closings are expected to begin this spring (2018), with the first completed model residence opening to prospective buyers in spring as well. The building is designed inside and out by Rawlings Architects with an emphasis on thoughtful planning and sensible living. CBSK Ironstate, a partnership comprised of SK Development, CB Developers and Ironstate Development.
“The Lindley is a testament to great planning, great pricing and a great partnership,” said Jackie Urgo, President of The Marketing Directors, the exclusive sales and marketing agent for the development. “It is one of the few new developments offering a rare, 10-year, 421-a tax abatement, and buyers recognize that value, along with the smart and stylish design, beautiful views and a development team that has successfully completed a vast portfolio of celebrated residential and hospitality projects.”
The Lindley rises 20-stories and features 74 residences from studios to 3-bedroom floor-plans. Pricing starts in the $900,000's and The Lindley is one of very few new developments offering buyers the advantages of a 421-a tax abatement. Amenities at The Lindley will include a 24/7 concierge service, residents’ lounge, fitness center, resident superintendent, bike storage and private storage, and a roof garden with grilling and dining area and incredible New York City skyline views. The sales gallery is furnished with a blend of modern classics from Design Within Reach, who has partnered with the The Lindley to furnish the lobby and communal spaces. The Lindley offers a residents a central Manhattan location that is in easy walking distance of Grand Central Terminal and five subway lines along with easy access to FDR Drive.