Ellipse is Open for Business as LeFrak Announces That Move-Ins Have Begun

LeFrak announced last week (September 7, 2017) that the first move-ins have begun at Ellipse, their 42-story luxury rental tower in Jersey City’s thriving Newport community. Since launching leasing in April the response has been swift, with the building nearly 60% leased.

“We are thrilled to welcome the first residents to Ellipse,” said Richard Wernick, Executive Leasing Director at LeFrak. “The community's enthusiastic response to the building has been very encouraging, and we’re excited for our tenants to experience these incredible residences with one of a kind views.”

Ellipse features 381 luxury rental residences which range from studios which start at $2,600 per month and range up to 3-bedroom layouts. The modern tower features a distinct oval shape and glass façade designed by Arquitectonica. Units offer floor-to-ceiling glass for unobstructed, breathtaking views of the Manhattan skyline and Hudson River, from every residence. Units also feature oak plank hardwood floors, high-end stainless steel appliances, quartz countertops, in-unit washer/dryers, multi-room climate control, and abundant closet space with select apartments featuring walk-ins. Ellipse also features 24,000 SF of amenities including a 24-hour doorman, co-working space, multipurpose lounge, game room, state-of-the-art fitness center, and an expansive outdoor pool and terrace with a barbecue area and fire pit.

More Excitement Continues to Shake-Up Greenpoint Brooklyn as 91 Diamond Street is Revealed

More excitement is continuing to shake-up Greenpoint, Brooklyn as 91 Diamond Street, a new condominium development by Mortar Architecture + Development has been revealed. The building will feature 10 units with an average size around 1,000 SF. The entire development will encapsulate 10,000 SF complete with ground-floor parking. 91 Diamond Street will rise 5 floors and completion is expected in 2019. 

Construction Update: One Park Designed by Architectura Tops Off in Cliffside Park, New Jersey

DMG Investment's One Park has topped off in Cliffside Park New Jersey. The condo tower designed by Architectura rises 14 stories and features 204 condo. Floorplans range from 1, 2, 3 and 4 bedroom units which which will feature floor-to-ceiling glass and balconies. Amenities include a 55' heated indoor pool with sundeck, spa with sauna and steam rooms, furnished roof deck with grilling stations and fire pits, media room, guest suites and a state-of-the art fitness center with golf simulator. One Park is located at 320 Adolphus Avenue and sales are being overseen by Halstead Property Development Marketing. Construction is expected to be officially completed by this fall (2017). 

Williamsburg's 325 Kent, The Domino Redevelopment Project's First Residential Building Designed By SHoP Architects To Open By End of Year

325 Kent, the first residential building in the Domino redevelopment project, is nearing completion. 87 of the 522 rental apartments are now open for residents after units hit the market several months ago. Pricing starts at $2,746 /mo. for a studio and ranges up to $5,946 /mo. for a 2 bedroom, 2 bathroom unit. Of the 522 units, 104 are tabbed for affordable housing. 325 Kent rises 16-stories and was designed by SHoP Architects. Amenities include a state-of-the-art fitness center, 7,000 SF roof deck and outdoor courtyard. The Domino redevelopment project is being overseen by James Corner Field Operations and is expected to be completed by next year (summer 2018). 

Construction Update: The Renzo Piano Designed 565 Broome Street Reaches Halfway & Begins to Transform the Soho Skyline

The Renzo Piano-designed 565 Broome, which is under development by Bizzi & Partners Development and Aronov Development, in partnership with Halpern Real Estate Ventures and Cindat Capital Management in Soho; is now halfway to the top of the dual-tower, 30-story project. 565 Broome will feature 115 apartments priced from $1 million to over $20 million and range in size from studios to full-floor, 4 bedroom penthouses. Current availability starts at $3.7 million for a 2-bedroom, 2 bathroom unit and ranges up to $14.5 million for a 3 bedroom, 3 bathroom unit. Units will feature private pools, large terraces, white oak floors and cabinetry, and master bathrooms with marble accents throughout, heated floors and soak-in tubs. Amenities include a state of the art fitness center, spa with steam room and sauna, lounge, terrace and a 55' lap pool. Douglas Elliman is the exclusive sales and marketing agency for the project. Construction is expected to be completed in 2018.

New Renderings Unveiled of The Luxurious, Rafael Viñoly-Designed 277 Fifth Avenue

New renderings have been unveiled of 277 Fifth Avenue, the Rafael Viñoly Architects designed condo tower under development by Victor Group and Lendlease. The interiors are by acclaimed interior-architect Jeffrey Beers International. The 55-story building will feature 130 condos which range from an 828 SF 1-bedroom unit up to 4,250 SF 4-bedroom unit. There will be 4 condos per floor in the exclusive building and pricing will start around $2 million. Amenities include a full-time doorman, fitness center, men's and women's spas, terrace that overlooks Fifth Avenue, library, game room, entertainment suite, and separate dining room among others. Completion is expected in 2018.

211 Schermerhorn Moving Ahead as Oestreicher Properties and GPB Capital Holdings, LLC. Secure $47.9 Million Construction Loan

211 Schermerhorn, a new ground-up luxury boutique condo building in Brooklyn’s historic Boerum Hill neighborhood, has secured a $47.9 million construction loan. 211 Schermerhorn is being developed by Oestreicher Properties, a fully integrated real estate, development and construction company, and GPB Capital Holdings, LLC, an asset management firm. The loan was funded by CapitalSource, a national middle market lender and a division of Pacific Western Bank, and JLL’s Aaron Niedermayer, Aaron Appel and Brandon Krupetsky coordinated financing. 

“We are extremely pleased to have closed on this transaction and have construction for 211 Schermerhorn underway,” says Debbie Tsabari, President of Oestreicher Properties. “The financing package affirms the long-term value of this coveted neighborhood and we look forward to a successful launch of sales and marketing this fall.”
 
The mixed-use 14-story residential development will feature 48 condominiums and was designed by acclaimed architect Morris Adjmi. Units range from 1 to 3-bedroom homes with custom interiors by Adjmi and top-of-the-line appliances. The building additionally includes 10,000 SF of ground floor retail space. Amenities include a 1,138 SF communal rooftop terrace offering panoramic views of Manhattan and the New York Harbor, a lounge and media room, fitness center, children’s playroom, bike storage and private storage units available for purchase.

KUB's Soho Ground-Up Project, 150 Wooster, Unveils New Photos, Pricing & Teaser Site

KUB has released new photos, pricing and a teaser website of their ground-up development, 150 Wooster. The scaffolding has come down at the project at one of the last remaining lots in Soho’s Cast-Iron Historic District. Construction is expected to wrap up in the near future with sales slated to launch this fall. Preliminary construction plans for the site were previously filed by another developer who was met with strong opposition from the community. In 2014, KUB purchased the lot and submitted new design plans the following year that received the seal of approval from the Landmarks Preservation Commission, and a thumbs up from neighborhood residents. The building, developed and designed entirely in-house by KUB and features a contemporary masonry façade made of handcrafted brick from Denmark, limestone piers, and metal detailing. A steel cornice provides a modern interpretation of the area’s classic cast-iron architecture. 150 Wooster features 6 expansive full-floor lofts, including one duplex penthouse. The full-floor lofts will start at approximately $12,950,000. Emily Beare of CORE is leading sales and marketing for 150 Wooster.

Construction Update: The NOMA From Alchemy Properties Tops Off in NoMaD

The NOMA, NoMaD's new condo development from Alchemy Properties, has officially topped off. Designed by FXFOWLE Architects, the 24-story building draws inspiration from the Bauhaus movement. The NOMA features 55 residences which range in size from 1-bedrooms from $1.55 million, 2-bedrooms from $ 2.6 million to 3-bedroom penthouses from $6.75 million. Amenities include a Landscaped Terrace, Library/Lounge, Fitness Center, Bicycle Storage, Generator, and a 24-hour attended lobby. Completion is expected by December 2017.

Selldorf Architects's 21 East 12th Street Brings Contemporary Living to Greenwich Village

William Macklowe Company and Goldman Sachs are bringing contemporary living to Greenwich Village at their ground-up residential development at 21 East 12th Street. The building is Selldorf Architect's modern vision of traditional limestone prewar apartment buildings in the neighborhood. 212 East 12th Street will rise 22-stories and feature 52 luxurious, oversized, corner residences set upon a lushly landscaped podium with views of the Midtown skyline and the Financial District. Units range from 1 to 4 bedroom layouts with pricing starting at $2.4 million for 1-bedrooms starting at 1,006 SF, $4 million for 2-bedrooms starting at 1,478 SF, $5.5 million for 3-bedrooms starting at 2,028 SF and $8.6 million for 4-bedrooms starting at 2,679 SF, ranging up to $16 million. Amenities feature 24-hour attended lobby, on-site parking, resident’s lounge complete with large entertaining terrace and outdoor gas barbecue grill, children’s playroom,  fitness room, and a live in resident superintendent. 

Related Companies Launches Leasing at One Hudson Yards

Related Companies has officially launched leasing at One Hudson Yards, their collection of high-design luxury rental residences with a curated collection of art, wellness and lifestyle amenities and services. Pricing for available residences at One Hudson Yards begins at $5,095 per month. The tower features 178 rental apartments that range from 1 to 3-bedroom layouts with a single 4-bedroom penthouse. The 33-story building was designed with architecture by Davis Brody Bond Architects, layouts by executive architect Ismael Leyva Architects and interior design featuring opulent residences and amenities by Andre Kikoski Architect. One Hudson Yards is located at 530 West 30th Street along the High Line and at the southern entrance to Hudson Yards. The sleek stone and glass building overlooks Heatherwick Studio’s interactive design piece Vessel and The Shed, New York’s new center for artistic invention designed by Diller Scofidio + Renfro in collaboration with Rockwell Group. One Hudson Yards is targeting LEED Gold Certification.

“One Hudson Yards was curated for those who seek an elevated sense of living. Each apartment has been meticulously designed with thoughtful details and materials sourced from around the world to create a compelling offering for sophisticated renters,” said Benjamin Joseph, Executive Vice President at Related Companies. “The building provides a comprehensive lifestyle experience with best-in-class amenities and a prime location on the High Line at Hudson Yards – the new epicenter of cutting-edge architecture, culture, shopping, dining and parks.”

Each apartment is generously laid out with 10-foot ceilings, wide-plank grey oak floors, Lutron Maestro advanced wireless lighting controls, and extra-tall windows in a modern curtain wall façade that reveal breathtaking views of Hudson Yards, the Hudson River, West Chelsea and Downtown Manhattan. Unit interiors feature rich details including chef’s kitchen's with built-in Miele appliances, wine coolers, custom cabinetry with matte black hardware, Turkish marble countertops and backsplashes designed by Kikoski himself; spa-inspired marble master bathrooms are adorned with Brazilian quartzite vanities and walls, St. Laurent marble floors and exquisite custom cabinetry, guest bathrooms featuring Crema Bianco marble walls and Nordic Grey marble floors and powder rooms are dressed in Ponte Vecchio Italian marble.

“One Hudson Yards is a unique project and partnership in that Related gave us the creative freedom to produce new materials, rather than simply specify them. We worked with craftsmen and artisans all over the world to envision something truly special and sophisticated. To us, luxury is emotional, not transactional, and we are thrilled to create a very tailored environment for the exceptional individuals who will live in this building,” said Andre Kikoski.

The building’s amenities were also designed by Andre Kikoski Architect with a painstaking attention to detail that is understood the moment you step inside. On the fifth floor, residents will enjoy a sun and barbeque terrace beautifully designed by Landscape Architect Terrain that overlooks the High Line, while the penthouse level showcases two exquisite lounges, each with a full-service kitchen, dining area and landscaped terrace with barbeques, also designed by Terrain. The lower level features a suite of swimming pools comprised of an 82' pool, plunge pool, salt pool and hot tub, all complemented by a spa oasis with a sauna and steam room, seamless connection to a state-of-the-art fitness center curated by Equinox® including a half-court basketball court. Amenities also including a bowling alley, a game lounge which features a pool table, foosball and shuffle board; in addition to a colorful Roto designed children’s playroom with a custom climbing gym, onsite parking, personal storage and bicycle storage. Lifestyle enhancements include pet grooming and daycare provided by Dog City® and RelatedStyle Services®, a suite of rewards and services which include move-in coordination, MasterCard credit card rent payment, easy transfers within the Related Rentals portfolio, in-home package delivery and the opportunity to indulge in Related’s Partner Offer program which offers exclusive benefits including memberships with Equinox® Fitness and Citibike®. One Hudson Yards is the nexus of Hudson Yards and Manhattan’s burgeoning Cultural Coast, extending from The Shed to the new Whitney Museum to the south and 350 art galleries in between.

“One Hudson Yards is the culmination of several years of intense design investigation leading to an unprecedented residential tower built with emerging technologies and advanced material applications,” said Steven M. Davis, Partner at Davis Brody Bond. “Sited along the vibrant and bustling High Line, and directly across from Vessel and The Shed, we used an updated stone and glass vocabulary to create a gateway between traditional Chelsea and the glass buildings at Hudson Yards. The building’s crown features a dynamic dichroic glazing that will establish One Hudson Yards as a literal beacon at the southern entrance of the Hudson Yards Public Square & Gardens.”

“Every aspect of One Hudson Yards has been carefully thought out to create an elevated rental building unlike any in the Manhattan market,” said Chris Schmidt, Vice President of Luxury Leasing at Related Companies. “One Hudson Yards is ideal for renters who have the means to buy but choose to lease the luxury lifestyle.”

Closings Have Begun at Continuum Company's Madison Square Park Tower in Flatiron

Closings have begun at Bruce Eichner’s Continuum Company's Madison Square Park Tower, Flatiron's new, 65-story glass condominium tower designed by Kohn Pedersen Fox. 2 of the sales have already been recorded in public record including at $7,228,723.20 and $6,413,673.19. Prices range from $2,450,000 for a 1 bedroom, 1 bathroom, spread over 1,065 SF to $48 million for 5 bedrooms, 5 full-baths, 5 half-baths, spread over 7,028 SF. The 777' tall tower features 83 luxury residences with interiors by Martin Brudnizki Design Studio and views that include the Empire State Building, Chrysler Building, the clock tower at 1 Madison Avenue, World Trade Center, the Hudson and East Rivers and Madison Square and Gramercy Parks. Madison Square Park Tower is the tallest residential building between Midtown and Lower Manhattan. The first 5 floors of the building are dedicated to a collection of lavish amenities, such as a library, a half court basketball court, golf simulator room, private training and yoga studio, children’s playroom, fully equipped fitness center, drawing room with a billiards and cards room that opens out to a landscaped terrace and a beautifully appointed entertainment suite on the 54th floor, dubbed FIFTYFOUR.

Photos via Evan Joseph 

Extell Development Company's The Kent Races Toward's Completion After Top Off on the Upper East Side

Extell Development Company's The Kent fully topped out in February and has been racing towards completion. The Kent is a new luxury residential development in the Upper East Side designed by Beyer Blinder Belle. The building’s architecture is a nod to the history of the Upper East Side that includes the classic buildings found along Park and Fifth Avenues, and pays homage to New York City’s Art Deco structures from the 1920s. The Kent’s façade is constructed of brick and limestone, accented by metalwork paneling, oversized windows, and culminates with a series of steel and glass lanterns crowning the building. The grand entrance on 95th street opens onto a remarkable double-height lobby paneled in rich rosewood. The sales gallery is located at 1450 Lexington Avenue.

The Kent will feature 83 luxurious grand condominium residences designed with elegant living spaces. Floor-plans range from 2-to-5 bedroom layouts and range in size from 1,285 SF to over 5,000 SF. Pricing start at $2,450,000, and the building offers a 421A tax abatement. Units feature 10-to-15 foot ceilings, 8x8-foot windows that highlight the multiple exposures and views of Midtown, Central Park and the East River; and distinctive finishing details including custom millwork and hardware, and a choice of Ebonized or Brushed Oak flooring throughout. Interior design by Alexandra Champalimaud's firm Champalimaud includes bespoke interiors that reflect a stately, Park Avenue perspective. Designs incorporate classic elements such as gracious foyers, formal living and dining rooms, state-of-the-art kitchens and luxurious bathrooms complete with luxe finishes and materials. As with all Extell buildings, residents will be able to choose from the three signature “Extell Choice” of distinct finish selections.

Three levels of indoor and outdoor lifestyle services and amenities include a drawing room featuring a fireplace and marble-top bar, 3rd floor garden salon that includes a billiards table, a full catering kitchen all overlooking a beautifully landscaped courtyard designed by West8 Landscape Architects, a state-of-the-art fitness center, a heated indoor swimming pool and Finnish saunas, a dog wash station and stroller valet. A one-of-a-kind amenity offered at The Kent is The Sound Lounge, designed by Lenny Kravitz’s Kravitz Design firm. The lounge is a blended state-of-the-art recreational space, screening and family room, and a refined rehearsal studio. Professional quality instruments give residents a rare opportunity to play and practice music in their own building.  

Park and Shore, Jersey City's New Luxe Condo Reveals New Imagery & Prepares To Launch Sales

Park and Shore is a striking new luxury condominium development situated along New Jersey's sought after gold coast in Jersey City. It is being developed by Strategic Capital, the investment arm of China Construction America, which is the American subsidiary of China State Construction and Engineering Company, ranked 27 on the Fortune Global 500 list. Park and Shore is comprised of two distinct buildings, 75 Park Lane and Shore House, located on adjacent blocks. Both buildings are being designed by renowned architecture firm Woods Bagot. The project is the first condominium development in Jersey City’s Newport neighborhood in nearly 10 years. Park and Shore is preparing to launch sales in the fall and revealed a selection of new interior and exterior renderings, showcasing stunning apartments and incredible views of the Manhattan skyline and Hudson River. 

75 Park Lane will be a high-rise concept standing 37 stories and will feature 358 residences. Units will range from studios to 3-bedrooms, and penthouses. Its sister building, Shore House, is inspired by the lofts of Tribeca and is a boutique 71-unit, 7-story building. Units come in 1 and 2-bedroom layouts that employ an avant-garde design style. A hallmark of the development, Park and Shore features an extensive selection of best-in-class amenities including an 82-foot indoor pool, fully outfitted game room, expansive communal roof deck with full kitchen, children's play area, and more.

Renderings for 540 Hudson Street Designed by Morris Adjmi Architects Unveiled

New renderings for 540 Hudson Street in the West Village have been released. The building design is by Morris Adjmi Architects and has been submitted for approval from the Landmarks Preservation Commission. 540 Hudson Street is being developed by William Gottlieb Real Estate. The building will feature 5,600 SF of retail on the ground floor along with 552 SF of community space. The total development will feature 26 units with a 7th floor penthouse. The developers have not set any expectations for final completion.

$65 Million Penthouse at Related Companies' 70 Vestry Goes Under Contract

The $65 million penthouse at 70 Vestry is now under contract. The announcement comes just months after a $50 million penthouse at 70 Vestry went under contract. The building is being developed by Related Companies and was designed by starchitect Robert A.M. Stern. The unit spans 7,800 SF with another 3,700 SF of outdoor space. The penthouse also features 4 bedrooms, 4 kitchens, a solarium, a library, and a wraparound roof deck. The highest sale in Tribeca is currently held by a $47.8 million closing at 56 Leonard. 

70 Vestry is expected to be completed in 2018 and is close to 90% sold. The building features a mere 46 condos with a limestone façade adding an elegant touch to the Tribeca skyline. Stern selected Beaumaniere limestone that comes from a quarry on the banks of the Seine, 150 miles south of Paris where it has been quarried in the French countryside for hundreds of years and delivers the beauty, quality and consistency that was needed at a development of 70 Vestry's stature. Other amenities have an emphasis on privacy and include a private courtyard, porte cochere entry with an automated garage, library, state-of-the-art fitness center and limestone and marble indoor pool. Its location on the West Side Highway offers breathtaking views of the Hudson River

Construction Update: Steinway Hall's Restored Facade Revealed at 111 West 57th Street as Construction Progress' at The World's Skinniest Supertall

Steinway Hall’s restored facade at 111 West 57th Street has been revealed as JDS & Property Markets Group move forward with construction of the skinny, luxury residential supertall on Billionaire's Row. 111 West 57th Street was designed by SHoP Architects who had to integrate the historical Steinway Hall, which was originally designed in 1925 by Warren & Wetmore and served as the legendary piano company's headquarters until 2014, into the new building's design. The historical building will serve as the resident's entry and private porte cochère. 

111 West 57th Street will feature full floor and duplex apartments with 360-degree views and unparalleled views of Central Park. The tower will rise 1,400' when completed it will be among the tallest towers in the city and the most slender skyscraper in the world. SHoP's design for the tower form multiplies the set-back to present a feathered profile. The terra-cotta facades and bronze filigree aim to bring back the quality, materiality and details of historic New York towers, while taking advantage of the latest technology to push the limits of engineering and fabrication. 111 West 57th Street is being developed in partnership with Property Markets Group and is being built by JDS Construction Group. Completion is expected in early 2019.

DXA Studio Design Unveiled for Mixed-Use, 115 Broadway in Williamsburg

115 Broadway in Williamsburg appears to be getting a contemporary, mixed-use designed by DXA Studio. The 4-story development will include 5,040 SF of commercial space including ground-floor and second floor retail, office space on the third floor, and community space on the fourth. 

Construction Update: Genting Breaks Ground on Resorts World Hotel and Casino Expansion at Aqueduct Racetrack

Genting Group has broken ground on their 420,000 SF expansion to their Resorts World Casino New York City (July 2017). The five-star, 400-key resort is located at 110-00 Rockaway Boulevard in South Ozone Park in Queens. The project features the addition of new 10-story structure that houses 400 hotel rooms, retail, dining and entertainment including 1,000 new video lottery terminals. The expansion is expected to cost $400 million and will be completed in 2019. 

New Drone Photos Unveiled of the Arquitectonica Designed Ellipse in Jersey City

Ellipse, the Arquitectonica designed, 41-story, luxury rental tower in Jersey City has released new, never-seen-before drone shots. Ellipse was developed by LeFrak and marks Arquitectonica's first project in Jersey City. The tower is located in the hot Newport neighborhood on the Hudson River waterfront and features 381 rental apartment units with views of the Hudson River and Manhattan skyline. Units range from studio to 3 bedroom floor-plans with 5 penthouses, two of which are 4 bedrooms. Ellipse is oval in design with a distinct elliptical shape and glass façade. Over 30 years ago LeFrak spearheaded change as one of the first developers in the 600-acre district, which is now the largest mixed-use community in the United States. Move-in is expected by the end of summer.