Gea Elika's Blog, page 163

BUYER BEWARE! Part 1 – Neighborhood Evolution that could impact your NYC Condo Investment

As we look around New York we see construction almost at every corner and in every neighborhood of the city. Places that were recently as two years ago empty, are replaced by new developments offering their apartments for sale or for rent. The structure of the city and its neighborhoods is changing by leaps and bounds. Despite some softness in segments of the market prices continue to remain strong, the question is where should one buy next. All neighborhoods are not created equal.

Cheap money led to rapid expansion in construction projects that made some of areas less attractive from an investment and appreciation point of view. It is important to note that personal preferences in achieving a certain life style often trumps everything else. If you are open to look at the entire market and interested in greater than average appreciation or high income from the property; future construction new developments will affect the market and your purchase.

 

Photo via Flickr by Mark Simon

 

Let’s take Trump Village for example. It is a stretch of land from 60th Street to 72 Street west of 11 or West End Avenues bordering the Hudson River. At the time the development started it was considered by many a new frontier with Hudson River views and ultra-modern apartments. Initially these apartments, first built on 72nd Street on the bank on Hudson River in 2000, were in a great demand and did very well. However, as the construction by Extell Development Company progressed and now in its final finishing stages (the last new development at 60th Street and 11 Avenue is to be completed within 6 month) the whole stretch of land has been overbuilt. This is not only affecting the buildings in Trump Village but also nearby new developments such as Element (555 west 59 Street) or 10 West End Avenue were rents dropped as much as 20% in the past 3 years. The rentals in these condo buildings experienced dramatic decline in rent and the appreciation on the condominium apartments is not as rapid as in other parts of the city.

 

 

To make a future income from these condo rentals even lower one has to look at several new mega rental developments on 57th Street between 11 Avenue and West Highway and along Amsterdam Avenue between 61st Street and 70th Street which offer a tremendous competition. A private owner of condo apartment has to compete with major real estate developer and hundreds of units offered for rent with considerable subsidies.

The Hudson Yards and Midtown West are most recent examples in which similar problems may arise. The Hudson Yards however does have great potential but it is important to evaluate each unit carefully making sure you buy the right unit/product. Typically, when purchasing an apartment off the first amendment, (Schedule A) pricing that potential for capital appreciation may balance out excess supply issues down the line if they were to play out. In order to avoid buying in the potentially or soon to be overbuilt areas one should look at the current state of the neighborhood and type of the buildings it is made out of.

If you buy in neighborhoods such as the villages (East, West and Greenwich village) or Lower East Side you can be assured that you’ll be risk free from over construction of new mega developments. The historically assigned buildings and streets prevent developers to build mega apartment complexes. It is also true for most of the Upper West Side and Upper East Side west of Lexington Avenue. Developments in that type of area tend to be smaller with a limited number of apartments that can be easily absorb by the market. In your quest for new apartment walk around the block and see how the building you are buying in compares to other buildings on the block.

As a rule of “thumb” long time (70 to over 100 years) established neighborhoods with historical districts and assign historical buildings prevent large number of constructions with excessive heights and mega units.

The post BUYER BEWARE! Part 1 – Neighborhood Evolution that could impact your NYC Condo Investment appeared first on Elika Real Estate.

Six Tips for Buying a Brooklyn Townhouse

Pssst… Wanna buy a piece of the Brooklyn Bridge?

The hype about Brooklyn real estate has been around for over 100 years.  But if your dream is to own a Brooklyn townhouse and not a share of the bridge, it is well within your reach. These simple tips will make you a more savvy townhouse buyer.

1. Remember that Brooklyn is not Manhattan

Manhattan is a highly populated small island where space is at a premium.  Although Brooklyn is also located on an island, it is more than three times as big with a lower population density. Manhattan real estate is more than twice as expensive as in Brooklyn when measured by price per square foot, and astronomically more expensive when looking at townhouses.   If you shop for townhouses in Brooklyn with a Manhattan mindset you may end up paying too much or settling for too little space.

 

 

2. Don’t believe the inventory hype

If you listen to your average real estate agent, you might think that Brooklyn townhouses are disappearing like snow shovels in a snowstorm. But the simple fact is that there are plenty of townhouses in Brooklyn.  Townhouses account for about one-third of real estate sales in the borough, and more than 1,000 of them go on sale every few months. That may be a problem for the 30,000 real estate agents fighting for the listings, but you are only buying one of them. Don’t feel rushed to buy or to overbid on a townhouse you are not really crazy about.  Brooklyn is not running out of townhouses anytime soon, and with a little patience and a bit of compromise you will find the right one for you at the right price.

 

 

3.  Find your own cool nabe

Here’s a news flash: nobody suffers from zip code envy in Brooklyn. Now more than ever you do not need to restrict yourself to the so called prime neighborhoods like Brooklyn Heights, Park Slope or Cobble Hill  or to rush into overheated nabes like Willamsburg or Greenpoint.  Take some time to explore adjoining neighborhoods like Clinton Hill, Fort Greene, Kensington or Ditmas Park. There are excellent values if you look further east and south, in classic neighborhoods like Flatbush, Midwood and Bay Ridge.

4. Don’t quit your day job

If you are a professional contractor you can skip this tip.  But if you are not, you should look for a townhouse in move-in condition, preferably from an owner who has lived in the property for at least a few years.  Move-in condition does not mean completely renovated, merely that the plumbing, electrical, roof, windows, and so on are working. Resist the temptation to buy a shell, even if the owner offers to renovate it for you, unless you have very deep pockets and don’t mind living in a rental for the next few years.  Look for a townhouse that you can renovate on your own schedule after you have had some time to live in it and see which renovations are really a priority.  It almost goes without saying that you should have the property inspected by a licensed real estate inspector before signing a contract.

 

 

5. Get represented

If you call the listing agent for a townhouse, that agent should send  you a New York State Disclosure Form that tell you that he or she solely represents the seller’s interests.  The listing agent is required to get the best deal for their client, the seller, not you, the buyer. The Disclosure Form also tells you that you have the right to have your own agent, a buyer’s agent, to represent your interests.  You usually do not have to pay a fee for a buyer broker; traditionally all  agents’ commissions are paid by the seller.  If you do not use a buyer broker, the entire commission (4-6% of the price) will go to the seller’s broker. Since that commission is built into the selling price that you are paying, you are actually losing the 2-3% that could help you negotiate a better deal.

6. Hold fast to your dreams

It may take you a few months or even a few years to find the Brooklyn townhouse that is right for you.  But don’t let the sellers or their agents distract you from the dream that first inspired you to buy a Brooklyn townhouse.  It may be something never mentioned in the listing agent’s description  with no tangible dollar value. Maybe you want to grow your own tomatoes, enjoy the morning sunrise or the evening sunset through your own windows, or just sit on your own stoop every morning to drink your coffee and watch the neighbors go by.  If you stay true to your original vision, you are sure to find a place you can call home.

If you are ready to begin your search for a Brooklyn Townhouses contact our Brooklyn expert today:

Margaret Lebenson

Author/Licensed Sales Associate

C: 347-346-0643 or Email

 

Relevant Posts

Brownstone Brooklyn: Buy a Townhouse in These Neighborhoods Before the Deals Are Gone
Brooklyn Townhouse Architecture

The post Six Tips for Buying a Brooklyn Townhouse appeared first on Elika Real Estate.

1 Seaport Residences

At a height of 670 feet, 1 Seaport is an all-glass residential tower that makes a striking addition to one of New York’s most historic neighborhoods. The building provides a completely private living experience that’s also surrounded by all the best of what the city has to offer.

Architecture

Designed by Groves & Co., 1 Seaport is an incredible structure that provides amazing views from virtually any location in the building. Transitioning inside from the all-glass exterior is a seamless experience thanks to the two-story entrance. The building’s intimate grandeur is highlighted throughout this space with key elements like a stairway that rises to the piano nobile and 375 hand-blown sculptural lights that glow day and night.

 

Rendering Courtesy of 1 Seaport Residences

Residences

One of the main goals of Groves & Co. was to design all of the 1 Seaport’s residences in a way that connects them to the surrounding light, harbor and city views. The living area flows effortlessly into the kitchen, which has an illuminated Calacatta Gold marble backsplash and custom walnut cabinetry, along with Gaggenau appliances.

In the bedrooms, floor-to-ceiling triple-paned glass walls that reach heights of up to eleven feet are paired with hand-stained oak flooring to create an incredible sense of space. Then in the master bathroom, residents can enjoy the luxurious convenience of a freestanding tub, shower and custom walnut vanity & mirror.

Amenities

1 Seaport Residences offers a waterfront lifestyle that includes two full-amenity floors which overlook the river. These floors provide both a hydrotherapy and pool experience. When residents visit The Water Club, they will get an incredible residential spa experience that’s complete with 360-degree views of the harbor. Other incredible amenities available to residents are an advanced fitness center, training studios, children’s playroom and 24-hour concierge.

Availability

There are currently five residences available at 1 Seaport:

● 35B is a 1 bedroom and 1 bathroom with 971 square feet of space inside, 87 square feet outside and a listing price of $2.16M

● 33A is a 2 bedroom and 2 bathroom with 1,311 square feet of space inside, 173 square feet outside and a listing price of $2.845M

● 45A is a 2 bedroom and 2 bathroom with 1,311 square feet of space inside, 116 square feet outside and a listing price of $3.385M

● Duplex 46 is a 2 bedroom and 2.5 bathroom with 1,938 square feet of space inside, 511 square feet outside and a listing price of $4.6M

● Penthouse 5 is a 3 bedroom and 2.5 bathroom with 2,643 square feet of space inside, 426 square feet outside a listing price of $7.145M

Neighborhood

As one of New York City’s oldest neighborhoods, Seaport has a vibrant history that dates all the way back to 1625. While the neighborhood still has a lot of charm that’s visible in things like vintage cobblestone streets, Seaport is also home to some of New York’s most appreciated new cultural, lifestyle, and retail developments. The Oculus, iPic and Brookfield Place are just a few examples of the impressive offerings located around the neighborhood.

[ 1 Seaport Residences ]

The post 1 Seaport Residences appeared first on Elika Real Estate.

64 East 1 Street

With just six residences that each occupy their own floor, 64 East offers a truly exclusive form of living. While 64 East excels at delivering private luxury to the select few who get the opportunity to call it home, the building’s prime location in the Bowery District provides access to so many of the things that make New York a truly incredible city.

Architecture

Designed by GF55 Partners, 64 East is a building that simultaneously expresses its modern influences while also honoring the industrial roots of lower Manhattan from the turn of the last century. This exquisite balance is accomplished through a variety of elements that include glass, metal and stone. Glass that’s precisely divided into panes spans almost the entire expanse between ceilings and floors.

Combined with the perfect amount of stone, the building’s facade has clean lines that give 64 East a feeling that’s classic in quality, as well as having a sense of being instantly familiar. Decorative rivets are expertly utilized to give a nod to the nearby Manhattan and Williamsburg bridges.

 

Rendering Courtesy of 64 East

 

Residences

 

Rendering Courtesy of 64 East

64 East illuminates downtown living by offering spaces that are gracious in size and filled with light. Open-plan living is at the heart of this type of space. Living areas freely flow into the kitchen and dining areas. Exposed structural beams throughout these spaces add to the overall sense of grandeur.

 

Rendering Courtesy of 64 East

In the kitchen, ultra modern appliances are complemented by a wonderful blend of exquisite tile, smooth marble and warm wood. And in both the master and standard bathrooms, key design elements include subway tiles, floating cabinetry, all-nickel plumbing fittings with cross handles and escutcheon plates.

 

Rendering Courtesy of 64 East

Amenities

In addition to the private terraces found on each floor, 64 East also has an open-air lounge on the rooftop that’s perfect for having drinks and great conversation with a group of friends. Residents can take advantage of the convenience of a virtual doorman, along an on-site fitness center that provides all the latest equipment needed to stay in excellent shape.

 

Rendering Courtesy of 64 East

 

Availability

Of the six residences at 64 East, one is currently available. At a total of 1,807 interior square feet, Residence 2 has two bedrooms and three bathrooms. Both of the bedrooms have a door to the private terrace, which is an additional 105 square feet in size. The master bedroom flows into a dressing area and then the master bath. The residence, which is listed for $3.2995M, has its own private elevator entrance.

Neighborhood

Located in the Bowery District, the building’s location brings together the best of what New York’s most vibrant neighborhoods have to offer. Whether it’s incredible dining options, great spots to grab a drink, shopping hard-to-find luxury labels or getting a first look at new artists, 64 East is able to offer its select group of residents access to it all.

[ 64 East ]

The post 64 East 1 Street appeared first on Elika Real Estate.

251 First

Located in Park Slope, 251 First enables residents to enjoy all the best of what Brooklyn has to offer. Thanks to its location, design and modern technology, the building offers a truly great living experience to residents.

Architecture

There were several elements that played a key role in the design of 251 First. One of those element was natural light. The building maximizes this element through the use of cascading terraces that create multitudes of windows. Those terraces offer the additional advantage of helping to maximize both indoor and outdoor space. The building’s outdoor space is capped off by two sun-splashed courtyards.

 

Rendering Courtesy of 251 First 

 

Nature is another element that played a key role in the design of 251 First. That’s why the spaces outside and inside of this building are defined by a living green wall, charred cypress, european white oak and textured concrete.

 

Residences

Rendering Courtesy of 251 First 

 

251 First Street has a total of twenty-nine unique apartment configurations. The experience provided by these unique residences starts in the living room, where ceiling heights can soar to just under 11’ tall. Residents can enjoy wonderful views through energy-efficient glass. Those views are complemented by wide plank white oak flooring.

 

Rendering Courtesy of 251 First 

 

Moving into the kitchen, custom-built satin lacquer cabinets conceal appliances to create a sleek and modern space. An extra-long island made from Anigre wood and topped with a seamless piece of Caesarstone ties this space together perfectly. In the master bathroom, honed white marble floors and walls are combined with Watermark fixtures. Powder rooms are outfitted with wet walls and Italian marble mosaic floors.

 

Rendering Courtesy of 251 First 

 

The building also has eleven penthouses, which offer truly stunning views thanks to the presence of up to four exposures.

Amenities

Rendering Courtesy of 251 First 

 

24-hour coverage is provided at the building’s welcome desk through a combination of a part-time doorman and virtual concierge. The entry floor includes a stroller valet and storage, along with two comfortable seating areas, lobby lounge and library. The building’s lower level has a fitness and yoga room, children’s playroom, bicycle storage, pet washing station and large capacity laundry room. There’s also a rooftop terrace with outdoor kitchen, lounge and dining areas.

Availability

There are six residences and two penthouses available at 251 First. The 2 bedrooms range between $1.289M and $1.335M, while the 3 bedrooms are listed from $1.695M to $2.495M. Penthouse 8B has 3 bedrooms and is listed at $1.845M, while the 4 bedroom Penthouse 10B is on the market for $2.9M.

Neighborhood

Great dining, proven shopping, verdant parks and established schools are just a few examples of what makes Park Slope such a great place to call home. The location of 251 First provides convenient access to all the natural beauty of Prospect Park, along with a vibrant mix of old school businesses and artisanal upstarts.

[ 251 First  ]

The post 251 First appeared first on Elika Real Estate.

Steiner East Village at 438 East 12th Street

Steiner East Village is a six story building with a total of eighty-two residences. The building embraces the diversity and authenticity of the surrounding neighborhood while simultaneously providing a private retreat where residents can enjoy all the best of what the latest approaches to design have to offer.

Architecture

Rendering Courtesy of Steiner East Village

 

Clad in Danish brick, Steiner East Village has a facade that’s both contextual and tailored. The choice of this brick was very deliberate and creates beautiful hues that respect the aesthetic of the surrounding area. As Doug Steiner explained in an interview, his whole team obsesses over every detail of what they design. This obsession is reflected in elements like the generously scaled windows, which flood the residences in Steiner East Village with light by taking advantage of the low-rise streetscape.

 

Residences

Rendering Courtesy of Steiner East Village

 

Because the residences at Steiner East Village are design-driven, no detail was overlooked during their creation. Examples of these luxurious details include oversized statuary bronze window frames, 7” wide plank European white oak flooring and 8’ high interior doors with burnished brass hardware.

 

Rendering Courtesy of Steiner East Village

 

In the kitchen, the volume of space, layout, finishes, relative distances and appliances were all chosen to create the optimal balance for entertaining, cooking and informal dining. This space includes custom Italian cabinetry, which can also be found in the bathrooms. Also in the master bathroom is a custom lacquer vanity, along with a soaking tub complete with calacatta ice marble surround. Powder rooms are finished with a petra pearl stone countertop and base, penny round mosaic walls, 7” wide plank European white oak flooring and chrome fixtures by Waterworks.

 

Amenities

Rendering Courtesy of Steiner East Village

 

Steiner East Village has a children’s playroom and garage parking available for residents. There’s also a gym, as well as a spa and 50-foot pool. The building includes over 8,000 square feet of lush foliage that fills both the rooftop park and the courtyard gardens. Overlooking the courtyard is a library that has a contemporary marble fireplace. This gives the space its very refined but still comfortable feel.

 

Rendering Courtesy of Steiner East Village

 

Availability

There are currently just under a dozen active listings for Steiner East Village at 438 East 12th Street. The asking price for the two available 1 bedrooms is $1.35M and $1.625M. Then there are a number of 2 bedrooms ranging in price from $1.975M for 1,158 square feet to $2.645M for a 2 bedroom with 1,358 square feet. Steiner East Village also has two 3 bedrooms available, priced at $2.9M and $3.275M.

Neighborhood

As a neighborhood with a long history that includes groundbreaking art and music, there’s always something fun to do in the East Village. Whether it’s a music venue, cafe, vintage shopping or cocktail bar, East Village is a thriving location that provides amazing areas like Tompkins Square Park to explore.

[ Steiner East Village ]

 

The post Steiner East Village at 438 East 12th Street appeared first on Elika Real Estate.

The Kent

Located at 200 East 95th Street, The Kent is a tailored collection of elegantly appointed condominium residences on the Upper East Side. Ranging in size from two to five bedrooms, the residences found at The Kent exhibit the finest finishing details. The building also offers an enviable variety of amenities and services for residents.

Architecture

Rendering Courtesy of The Kent

Designed by Beyer Blinder Belle, The Kent was heavily inspired by Art Deco. The first notable aspect of this building’s design is its welcoming arrival. The limestone detailed residential entrance is located on tree-lined 95th Street. Second are the oversized windows. Custom double-paned windows are engineered to maximize views and natural light. Third is the numerous corner exposures thanks to the prominent corner location on the Upper East Side, which made it possible to include wrap-around windows in many of the residences. Last is the building’s distinctive crown. It takes the form of metal and glass corner “lanterns” that mark the uppermost and penthouse units. This crown provides a visible enhancement to the building’s silhouette.

 

Residences

Rendering Courtesy of The Kent

 

The Kent’s interior spaces were designed by Alexandra Champalimaud. Starting in the great room, residents are able to take advantage of graciously proportioned spaces. With ceiling elevations between 10’ and 15’ that combine with oversized corner windows, natural light fills this space to showcase finishing details that include custom hardware and millwork. For the eat-in kitchen, developers Extell provide residents with the ability to choose from three different color palettes. Premium Dornbracht fittings, Miele appliances and custom kitchen cabinetry work flawlessly with any of the three options.

 

Rendering Courtesy of The Kent

 

In the master bathroom, residents can relax in a space that’s clad in Alexis Azul marble and has with Bianco Dolomiti accents, a stepped ceiling and Axor designer fittings & accessories by Patricia Urquiola.

 

Rendering Courtesy of The Kent

 

Amenities

 

Rendering Courtesy of The Kent

 

Residents of The Kent can enjoy a thoughtful progression of amenities and services that begins in the lobby. Not only does the lobby feature flawless decor, but there’s a drawing room adjacent to the lobby where residents can meet their guests. Continuing the available amenities is a luminous 55’ indoor heated swimming pool which features a backlit glass sculptural wall, teak millwork and Finnish saunas. The Kent also has a private gym, along with an interactive indoor/outdoor play experience for children. There’s a garden salon that overlooks the courtyard garden and a sound lounge that was envisioned by Lenny Kravitz.

Availability

The seven residences available at The Kent are:

● 2 bedroom and 2 bathroom with 1,351 square feet for $2.574M

● 2 bedroom and 3 bathroom with 1,617 square feet for $3.194M

● 3 bedroom and 2.5 bathroom with 1,752 square feet for $3.548M

● 3 bedroom and 3 bathroom with 1,959 square feet for $4.197M

● 3 bedroom and 3 bathroom with 1,959 square feet for $4.59M

● 4 bedroom and 4.5 bathroom with 2,735 square feet for $6.713M

● 5 bedroom and 5 bathroom with 3,564 square feet for $9.145M

Neighborhood

With its midpoint location between Carl Schurz Park and Central Park, The Kent provides convenient access to Whole Foods Market, the stylish boutiques along Madison Avenue, Museum Mile, Asphalt Green and much more.

[ The Kent ]

The post The Kent appeared first on Elika Real Estate.

Soori High Line

At a height of eleven stories, the Soori High Line offers stylish living in Chelsea throughout all of its 31 residences. Striking architecture and exquisite interiors are enhanced even further by the building’s prime location right next to High Line Park and Hudson Yards. To top things off, over half of the residences at the Soori High Line have private pools.

Architecture

 Rendering Courtesy of Soori High line

 

The fact that the Soori High Line is redefining contemporary living in Chelsea is immediately apparent upon seeing its exterior. That’s because it has a striking vertical facade. Designed by Soo K. Chan, this facade includes very large windows that bathe interior spaces in lots of natural light. Chan has stated that he was inspired by the colonial houses from the cosmopolitan island city where he grew up in Malaysia.

Residences

 Rendering Courtesy of Soori High line

 

The luxury inside Soori High Line matches the striking nature of its exterior. Every residence is outfitted with custom-designed, monochromatic finishes, like white marble countertops and tall, dark wood wardrobes. As mentioned above, one of the truly incredible things about this building is sixteen of the residences will include private pools that are 23-feet long and four-feet deep. Other notable features include motorized blinds and radiant heated floors, along with private roof decks for the building’s two triplex penthouses.

 

 Rendering Courtesy of Soori High line

 

Living spaces in each residence are accented with a Town and Country fireplace, while kitchens are equipped with Miele and Sub-Zero appliances. Marble spa baths include fittings from Toto, Boffi and Dornbracht.

 

 Rendering Courtesy of Soori High line

 

Amenities

 Rendering Courtesy of Soori High line

 

Given the level of luxury found throughout this building, it should come as no surprise that the Soori High Line has an impressive list of amenities. Highlights include a doorman, elevator and in-unit washer/dryer combos, along with the building being pet-friendly. Other amenities are a bike room, concierge, gym and available parking.

Availability

Of the ten active listings for this building, six are already under contract. The four remaining listings are:

● 2 bedroom and 2 bathroom with 1,255 square feet for $3.5M

● 3 bedroom and 3.5 bathroom with 2,53 square feet for $6.995M

● 5 bedroom and 5 bathroom with 3,586 square feet for $10.875M

● 3 bedroom and 3.5 bathroom with 2,708 square feet for $15.1M

With the exception of the 2 bedroom, the rest of the active listings all include a private pool that’s both heated and uses saltwater.

Neighborhood

With its prime location in Chelsea, Soori High Line provides convenient access to all of the things that make this neighborhood so compelling. Chelsea Market is very close, as is the Whitney Museum. Hudson Yards is the largest mixed use development in Manhattan, and High Line Park provides the perfect venue for relaxing on the weekend.

[ Soori High line ]

The post Soori High Line appeared first on Elika Real Estate.

21 East 12th Street

Standing 22 stories tall, 21 East 12th Street offers a total of 52 corner residences. The building is a modern translation of the traditional prewar apartment buildings that have made Greenwich Village such an iconic part of New York. Throughout the building and the residences, meticulous design details come together to create livable luxury.

Architecture

Thanks to its height, slender design and being set on a podium, 21 East 12th Street provides incredible views of the city and brings lots of natural light into the residences. The tone for the building’s exterior is set by two stories of landscaping, followed by the modern take on a limestone building by Seldorf.

 

 Rendering Courtesy of 21 East 12

 

Upon entering the building, residents are met by a lobby space that’s highly curated but also still very welcoming. Defining elements of this space include white linen panels, oak floors and shikkui plaster walls.

Residences

One of the great things about the design of 21 East 12th Street is almost all of the living rooms throughout the building offer corner exposure. These living spaces are set between perfectly proportioned piers. Casement windows are balanced with plenty of space for displaying art. This space flows into the kitchen, which is outfitted with gorgeous white oak millwork cabinetry, as well as Gaggenau, Miele and Sub-Zero appliances.

 

 Rendering Courtesy of 21 East 12

 

Moving to the master bedroom, this large space is designed to work as an open suite of rooms. Those rooms include a combined dressing room and walk-in closet. Then in the master bathroom, there is Bardiglio Lucca marble flooring and vanity counters with polished chrome fittings. This space offers both a large shower and freestanding tub.

 

 Rendering Courtesy of 21 East 12

 

In addition to the building’s expertly designed residences, 21 East 12th Street features two townhomes, along with several penthouses. Each townhome has a large private garden, while the penthouses are defined by their glass-wrapped facade.

 

 Rendering Courtesy of 21 East 12

Amenities

The select few who call 21 East 12th Street home can take advantage of the living-dining setting in the residents’ lounge for everyday use or private events. The building has a fantastic fitness room, along with a residents’ garden and on-site parking.

Availability

There are currently nine residences and one townhome available at 21 East 12th Street. The residences start at $2.425M for a 1 bedroom and go up to $8.85M for a 4 bedroom with 2,679 square feet. The available 4 bedroom and 4.5 bathroom townhome is listed for $12M, and has 3,242 square feet of exterior space to go along with the 3,307 interior square feet.

Neighborhood

As the original home of the Whitney Museum and Beat Generation, Greenwich Village has a rich history that’s infused with art and culture. Today, the neighborhood offers an incredible landscape of architecture that’s matched by the variety of shops, cultural venues, and restaurants that are all easily accessible.

[ 21 East 12 ]

The post 21 East 12th Street appeared first on Elika Real Estate.

70 Vestry

Standing fourteen stories tall, 70 Vestry offers once-in-a-generation waterfront homes. The location of this building right on Hudson River Park means residents have incredible panoramic views of the river.

History

70 Vestry first gained attention when reports came out that Tom Brady and Gisele Bundchen had purchased a $20 million condo in the building. Since then, information has continued to come out about the building, including its incredible waterfront design and impressive lineup of amenities.

Architecture

[image error]

Rendering Courtesy of 70 Vestry

 

Designed by Robert A.M. Stern Architects, the team wanted to choose the perfect material to complement the building’s location on the river. That’s why they went with limestone, which works more beautifully in the sunshine than any other material. The western and southern light that will hit 70 Vestry means the building will literally glow. Robert A.M. selected Beaumaniere limestone, which is sourced from a quarry on the banks of the Seine in France.

 Rendering Courtesy of 70 Vestry

 

Residences

Daniel Romualdez is responsible for the design of the building’s residences. His vision was guided by featuring traditional, natural materials applied in distinctively modern ways. He wanted to ensure that when people come home, they feel comfortable and taken care of throughout all their spaces.

 

Rendering Courtesy of 70 Vestry

 

Kitchens are finished with top of the line appliances. This space includes custom designed oak cabinetry and Bardiglio Luco marble countertops with Calacatta Milano marble accents. Master bathrooms have Statuary Monarch marble on floors, walls and vanities. Custom enclosures of brushed nickel and fluted glass surround showers and water closets.

Amenities

At 70 Vestry, amenities play a key role in the experience that this building is able to provide its residents. The experience starts as soon as residents arrive at the building’s elegant private courtyard. At their convenience, residents can take advantage of a stunning spa suite. An 82-foot swimming pool, separate children’s pool, and hot and cold plunge pools provide residents with a variety of aquatic activities. The Wright Fit designed the building’s fitness club, which has all the latest exercise equipment, free weights and studios for both yoga & Pilates.

 

Rendering Courtesy of 70 Vestry

 

The building also has a lounge on the ground floor where residents can enjoy relaxed family gatherings or formal dinner parties. Rounding out the amenities is a library, along with a cafe where residents can store their favorite coffee beans or cocktails.

 

Rendering Courtesy of 70 Vestry

Availability

There are currently ten active listings for 70 Vestry. The listings start at $7.25M for a 3 bedroom and 3.5 bathroom. $11.95M is the asking price for a 4 bedroom and 4.5 bathroom. And the listings top out at $29.5M for a 5 bedroom and 5.5 bathroom residence with a total of 4,647 square feet.

Neighborhood

With its Hudson River Park location, residents can enjoy a variety of unique outdoor activities, along with convenient access to all of the best destinations that Tribeca has to offer.

[ 70 Vestry ]

The post 70 Vestry appeared first on Elika Real Estate.