Manhattan Home Dec. 2011

Page 1

DEC. ’11

IN THIS ISSUE

THE CITY’S HOTTEST NEIGHBORHOODS Q&A: WHAT’S HOT IN MANHATTAN

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Gwathmey Masterwork Daniela Kunen, Managing Director, Prudential Douglas Elliman (212) 891-7611 | www.elliman.com | Web# 1401849


FEATURED PROPERTY

AMAZING HOUSE West Village Excl. Exquisitely renovated with every 21st century amenity. Roof loggia with central air conditioning, seats 12. Infinity pool: huge sunbathing beds. Perfect for entertaining. $10.5M. Web#934413 Barbara Godson/Charlie Homet 212.381.4238/6571

Scan this H-Tag with your smartphone to instantly view more detailed info, images and a floorplan of this property. Learn how at halstead.com/HTag

BIG HOUSE, LOW TAXES 100s/W Excl. 20’ wide house, over 6,000SF+ unused 5,300 FAR/SF, great garden, lots of light. Next to Columbia Univ. $4.995M. Web#2007139 Amelia Gewirtz/Andrew Phillips, EVPs 212.381.2219/2227

TOWNHOUSE FOR SALE 35th St/East Excl. Prime Murray Hill twnh on corner lot. Great for development or single fam. Approx 3,358SF of additional FAR. $3.8M. Web#1946610 Senad Ahmetovic, SVP 212.317.7867

SPACIOUS AND MINT CLASSIC 7 90s/W Excl. PW charm & mod details. Lrg LR w/wbfp, grand DR, renov kit, & 3 lrg BRs + md’s, 3 full baths. Grt clsts. $3.15M. Web#1812388 Louise Phillips Forbes, EVP 212.381.3329

WINDOWS ON THE WORLD 72/CPW Excl. Wall-to-wall wndws wrap high flr SW 2BR/2BA. Coveted G line is largest natural layout in Mayfair Towers. $2.15M. Web#2212931 Susan Ruttner, EVP 212.381.2231

A CLASSIC HOME CPS Excl. Stlyish prewar 2BR/2BA co-op on splendid st. F/T DM. Direct park views from 3 rms. Renov kitchen & baths, W/D. $2.15M. Web#1981334 Peter Cohen, SVP 212.521.5762

LRG 3BR + MAID’S, RIVER VIEWS WEA Excl. Newly renov condo, triple-mint cond. 1,812SF. Lrg LR, EIK, W/D & AC. Great light w/river views. FSB. $2.125M. Web#1986089 Louise Phillips Forbes, EVP 212.381.3329

THE BOULEVARD 80s/Bwy Excl. Gorg split 2BR/2BA. Partial river views, renov wndwd kitchen, amazing light, great closets, beaut hdwd flrs. F/S bldg. $1.25M. Web#1991355 Joanna Benigno, SVP 212.381.2380

SPECTACULAR MES 2BR, 2 BATH 50s/E Excl. City & river view, high flr, wbfp, lrg sep DA, wndwd kit, beamed ceils, hdwd flrs, incred light & grt clsts. $1.145M. Web#2227293 Chris Kromer, VP/Nora Ariffin, SVP 212.381.2334/2249

LUX ZEN OASIS BPC Excl. Gorg Riverhouse 1BR includes FSB, pool, yoga studio, billiards lounge, media cafe, onsite parking. LEED gold-certified bldg. $899K. Web#1461428 Jimmy Wood 212.521.5791

VIRTUALLY STAGED

Halstead Property, LLC Halstead Connecticut, LLC Halstead Property Connecticut, LLC We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. Q

Q

Destination: The Hamptons 2

Halstead Property Continues Its Strategic Growth


New York Connecticut New Jersey

FEATURED PROPERTY

LARGE AND LUX 3 BEDROOM WITH PARK VIEWS Flatiron Co-Excl. Mint fullfloor apt, spectacular views, great light, eat-in chef’s kitchen, 3 big BRs w/en suite baths, W/D rm, AC, private storage. Boutique F/S bldg. $4.995M. Web#2235152 Louise Phillips Forbes, EVP 212.381.3329

Scan this H-Tag with your smartphone to instantly view more detailed info, images and a floorplan of this property. Learn how at halstead.com/HTag

9 RM GARDEN TRIPLEX 78th/Columbus Best twnh blk, 5BR/4BA, solarium/dining, EIK w/hi-end appls, home office, custom lighting, oak flrs, 2 wbfps. $2.795M. Web#2231617 Eloise Johnson, EVP 212.381.3224

MINT BROWNSTONE Stunning 3 family in landmark district. Original details lovingly restored throughout. Owners garden duplex plus two rental units. $2.45M. Web#613116 Neil Tilbury/Tony Von Meyers, SVP 212.381.6508/4217

100 RIVERSIDE BLVD 60s/W Excl. High floor 2BR/2BA, 1,156SF + 700SF terr w/Jacuzzi tub, E & N expos, 2 storage bins. FSB. $2.45M. Rent $9,000/month. Web#2000220 Rex Gonsalves, VP 212.381.4245

TROPHY PENTHOUSE UWS. Mint renov 2BR/2BA w/2 setback terrs & cityscape & river views. F/S co-op, close to parks & express trains. Reduced. $1.695M. Web#625915 Joe M. Testone, VP 212.381.6565

GREAT SPACE AND LOCATION 2BR 79th/off Lex Excl. 1,419SF. PS 6 district. Ovrszd LR, DA & mint, open renov kit, 2 baths. AC, W/D, near transp & CP. $1.449M. Web#2231367 Chester Gelband, EVP/Francine Port 212.381.3225/3218

HISTORIC TRIPLEX TOWNHOUSE 80s/W Excl. Beautiful private garden, 2 BR+den/3rd BR, FDR, wbfp, 12’ ceilings and tall windows. Low mt $1,760. $1.295M. Web#1951755 William Barton, EVP 212.381.2215

ELEGANT PW 1BR Gramercy Park Excl. Spacious 1BR w/ key to park. PW details, hrdwd flrs, hi ceils, grt clsts, serene N&E expos. Renov wndwd kit & bath. $849K. Web#151955 Richard Ingenito, VP 212.381.6547

3BR BROWNSTONE DUPLEX Harlem Excl. 2BRs on 1st level, 3rd BR + prvt terr on 2nd level. Sep DA, hdwd flrs, GE kit w/granite counters, W/D, 1.5BA. $729K. Web#1899090 Ayo Haynes, 212.381.2387

INCREDIBLE SPACE & LIGHT Sutton Excl. Recently renov 2BR easily conv to 3BR. Approx 1,400SF, 1.5BA, terrace, W/D hookup, soundproof pic wndws. $599K. Web#2221125 Elayne Reimer, EVP 212.381.3372

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3


Carol A. Raskin

Mike Lubin

Miriam Sirota

11 ROOM DUPLEX WITH PARK VIEWS

DUPLEX PENTHOUSE – PARK VIEWS

CENTRAL PARK BLOCK 1 FAMILY

TOWNHOUSE DUPLEX

PREWAR ELEGANCE

WONDERFUL 2 BEDROOM ON GRAMERCY

PARK AVE PERCH

THE ESTATES SECTION

TASTEFUL 2 ON PARK

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Brian J. Manning

Lisa Vaamonde

Michael G. Mansur

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Mara Papasoff

Tobias Schapiro

Carole G. Caine

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Carol Cohen

1(: <25. &,7< 7+( +$037216 3$/0 %($&+

4


Carel Corcoran

Jacques Foussard

TEN ROOM CONDO WITH BIG VIEWS

573 %XCL 'ORG "2 BATH FULL mR HOME WITH FAB OPEN 3 CITY VIEWS BIG BALCS 'RAND LIVING SPACE WITH OPEN ,2 $2 CHEFgS 7%)+ LARGE CLOSETS STAFF RM - 7%"G ,ISA ,IPPMAN 3COTT -ORE

SPECTACULAR PENTHOUSE

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44 FEET ON CENTRAL PARK

5%3 %XCL &ANTASTIC VIEWS DIRECTLY OVER 0ARK &ULL mOOR APARTMENT PRIVATE ELEVATOR LANDING "2 BATH #OMPRISES ENTIRE TH mOOR "RING ARCHITECT - 7%"G $IANE !BRAMS &ELISE 'ROSS

Elise Roberts

Jeffrey Levitas

Jill Roosevelt

8 ROOMS OFF PARK WITH GREAT BONES

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PERFECT 2BR CO-OP AT 860 FIFTH

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PALATIAL 3 BEDROOM

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Scott Harris

Elese Reid

Richard N. Rothbloom

PRIME MAISONETTE DUPLEX

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ALL SEASON STUNNER

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1BR AND CONVERTIBLE 2BR ON SUTTON

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Emma Zilberman

Kyle W. Blackmon

1(: <25. &,7< 7+( +$037216 3$/0 %($&+

5


PENTHOUSE CONDO PLUS TERRACES

PENTHOUSE TERRACE PERFECTION

SUTTON PLACE GEM

E 72nd St. Float into your 3,700 SF+/- 49th full floor home with w/ballroom living area spectacular 360 degree city & water views. Gym, pool, playroom, garage. $9.995M WEB# 1988022 Cindy Bernat 212.836.1051

5th Ave. Museum Mile. Terrace lover’s dream. Sweeping views from wrap terrace. Sun-filled duplex apt; 4 bedroom/4 bath, luxury full service building on 5th Ave. $6.75M WEB# 2163164 Barbara Brewster 212.605.9229

E 57th St. Exquisite, grand scale full floor 13 into 10 rooms. Full service co-op. South LR, DR, windowed eat-in Kit, library, corner master, 3 additional BRs. PW detail throughout. $4.85M WEB# 2254031 Heather Sargent 212.848.0475

SPECTACULAR LOFT HOME

2 BEDROOMS+, 2 BATHS WITH ROOF DECK

TRIPLE MINT SOHO CONDO

SoHo. 1st offering-sun flooded, 1,831 SF+/-, 2 BR/2.5 bath condo loft. Stainless steel Kit with top appliances, HW floors, W/D, central AC, open views & more. Pets OK. $2.75M WEB# 2263126 P. Cliff 212.836.1063, J. Conlon 212.508.7162

Chelsea/W 23rd St. Top floor duplex, stunning roof deck, extra light with dramatic views, high ceilings, exposed brick, wood burning FP, central AC, easy board approval. $2.25M WEB# 2241834 J. Eric Becker 212.444.7979

Lafayette/Spring St. 2 bedroom, 2 bath loft style condo. High ceilings, top-of- the-line appliances, with lots of sunlight and space. Can be sold fully furnished. $1.985M WEB# 2253801 Daniela Sassoun 212.605.9382

GRAMERCY 2 BEDROOM/2 BATH BEAUTY

METICULOUS RENOVATION

CHARMING AND SPACIOUS

E 21st St. Renovated 2 bedroom/2 bath home, open and bright views, high-end kitchen, split bedrooms, windowed baths, Full service doorman building. $1.349M WEB# 2240645 Michael Rauschenberg 212.500.7049

E 36th St. Elegant 1 bedroom prewar home; former 2 bedroom layout. Pet friendly coop with part-time doorman. Storage unit included. North, south and east exposures. $1.195M WEB# 2256144 W. Bolls 212.875.2910, C. Rhine 212.875.2803

E 59th St. 1 bedroom, 1 bath prewar coop with foyer plus dining area. Built-ins, renovated, nice layout. North, south and east exposures. Maintenance $1,859. $599K WEB# 2252348 Karin Posvar Picket 212.605.9248

Search by WEB# on We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.


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MINT PREWAR 9 INTO 8 ROOMS

SUBLIME EL DORADO PARK VIEW 7

BRISTOL PLAZA GEM

E 90s/Fifth Ave. High floor. LR w/WBFP, FDR, Lib, 3-4 BRs, 3.5 baths, windowed eat-in chef’s kitchen, double staff rm, W/D, side Park views. F/S white glv bldg, pets OK. Co-excl. $4.995M WEB# 2246399 Sharon E. Baum 212.836.1036

CPW. New to market. Park views on CPW. Emery Roth classic of monumental scale: 28’ x 18’ LR, 21’ FDR, 3 large BRs, 3.5 full baths, myriad closets. White glove service. $4.395M WEB# 2260781 Daniel Douglas/Eileen LaMorte 212.875.2835

E 65th St/3rd Ave. Rarely available. Panoramic city views. Corner LR, 2 BRs, 2.5 marble baths, custom WEIK, W/D & 10’ ceils. F/S wht glv lux condo. Pool, fitness cntr, lounge & gar. $3.1M WEB# 2165901 Joan C. Billick 212.848.0474

FIFTH AVENUE PERFECTION

BRIGHT AND BEAUTIFUL

SOPHISTICATION ON FIFTH

E 74th St. XXX mint, reno large 1 BR/1.5 marble bath prewar co-op, S facing LR, sep DA, new Kit with top appliances. Pied-a-terre & Int’l buyer welcome. Low maint includes utilities. $1.75M WEB# 2247241 S. Postman, E. Teich, J. Koryn 212.893.1410

East 57th Street. Classic six rooms. High end renovation with prewar details intact. Sunny, spacious, new kitchen and baths. Best full service co-op. Pied-a-terres allowed. $1.75M WEB# 2257485 Dare Elliott 212.848.0456

Fifth Avenue. Spacious 2 BR/2 bath with home office, washer/dryer, in highly serviced co-op. Sunny south exposures, gym, garage, pied-a-terre & pets OK. Low maint. $1.575M WEB# 2250955 Abby B. Levine 212.836.1011

SUMPTUOUS DUPLEX Fifth Ave. One-of-akind 12 room co-op mansion. Totally renovated while maintaining original architectural detail. High ceilings, 4 BRs, 5 full baths plus 2 half bath. $20M WEB# 2070152 Patricia Cliff 212.836.1063 Jonathan Conlon 212.508-7162

5,000 SF+/CONDO ON PARK

DUPLEX PENTHOUSE

E 60th/Park Ave. Sun drenched, private full floor at the white glove condo – 515 Park. Grand proportions, high ceilings, oversized windows, 4-5 BRs plus staff rm. $16.8M WEB# 1526983

E 30th Street. 3 bedroom duplex penthouse. An apartment of sophistication fusing contemporary and timeless European sensibility of design with modern day technology. $4.2M WEB# 2249055

Leighton Candler 212.937.6677

Carrie Chiang 212.836.1088


BREATHTAKING CENTRAL PARK VIEWS

STEPS TO UNION SQUARE

115 ALLEN STREET PENTHOUSE

Upper East Side. 8 rooms. Elegant prewar Fifth Avenue co-op with expansive layout. 4 bedrooms plus staff room, 4.5 baths, pets and pied-a-terres allowed. $7.7M WEB# 2234734 E. Sahlman 212.323.3240, L. Yalof 212.323.3242

Flatiron. Create private full floor, 4,000 SF+/- loft, 25 windows, views, mint open kitchen, fireplace, 4 bedrooms+ library with fireplace, washer/dryer, low maint $2,700. $5.85M WEB# 2241354 Amy Katcher 212.875.2894

Lower East Side. Iconic spectacular duplex penthouse with unobstructed 360 degree views. 4 bedroom/2 bath, 3 terraces and a roof deck with Jacuzzi. $4.995M WEB# 2191704 Laurence Carty/Irene Lo 800.964.7893

AMAZING CENTRAL PARK VIEWS

FINEST 4 BEDROOM ON THE PARK

VIEWS – BRIGHT - CONDO

Central Park South. Essex House, high-floor and spacious 1 bedroom/1.5 baths with amazing Central Park views. Mint condition. Five-stars services plus amenities. $2.3M WEB# 2135803 Joseph Taplitzky 212.605.9264

Brooklyn/Park Slope. 2,405 SF+/-, perfect cond. 4 BR/3 bath with 11th floor views south, west & east from 24 windows. Full service Candela designed bldg. Gracious layout. $2.2M WEB# 2254243 J. Cornell 718.923.8081, L. Marshall 718.923.8034

Sutton. Large 1,500 SF+/-, 2 BR/convert 3. Mint reno, S/W corner. Open chef’s Kit, w/top appliances, W/D. Pied-a-terre & investors welcome. Low common charges. $925/mo. $1.895M WEB# 2241246 Marsha Matus 212.605.9383

THE “LOADING DOCK” LOFT

PRIME E-LINE AVAILABLE

GREAT DEAL - GREAT VIEWS

Boerum Hill. ExLax Loft Building. 2,000+ SF, 3 BR, 1.5 bath in former loading dock. Not your “cookie cutter” home. Master bath, W/D, deeded parking & reasonable maint. $1.425M WEB# 2188244 J. Crow 718.923.8061, S. Wolfe 718.923.8037

E 74th St. 2 bedroom, 2 bath plus den/office or 3rd bedroom. Renovated kitchen and baths, sunk living room. East and south exposures. Maintenance $1,989. $1.05M WEB# 2248832 Karin Posvar Picket 212.605.9248

E 66th St. Large corner 2 BR/2 bath with sunny SW views. Easily converts to 3 BR. Windowed Kit and abundant oversized closets. F/S co-op with garage. Needs a little TLC. Pets OK. $1.195M WEB# 2235764 Shari Scharfer Rollins 212.605.9250

Search by WEB# on We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.


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SOHO DUPLEX PENTHOUSE

PREWAR PRIME GOLD COAST

4 BEDROOMS, TERRACE AND RIVER VIEW

Baxter St. Boutique 3 BR/3.5 bath condo with 10’ timber beamed ceilings, original cast iron columns, wood burning fireplace and 600+ SF terrace off living room. $4.495M WEB# 2002280 Laurence Carty/Irene Lo 800.964.7893

GV/W 11th St. 5 rms. Immaculate XXX mint 2 BR, 2.5 bath condo. Top-of-the-line kitchen, Bolivian Rosewood floors, excellent light, high ceilings, central A/C, W/D. $3.295M WEB# 2222010 D. Albert 212.444.7940, B. Rice 212.444.7969

E 79th St. 7 rooms. Elegant 4 BR/4 bath home, 32’ terrace with direct river and panoramic city views. Excellent closets, W/D. Move-in condition. Full service condo. $2.995M WEB# 2217120 Michael Spodek 212.323.3232

VIRTUALLY STAGED

LOFT-LIKE LIVING

RARE OPPORTUNITY

COLONY HOUSE

Murray Hill. Hard to find 3 bedrooms, dining room and oversized top of the line open kitchen in an intimate full service prewar building. Mint. North and west exposures. $1.75M WEB# 2257019 R. Grobman 212.848.0473, B. Chase 212.893.1746

E 71st St. Park/Lexington Aves. Bring your designer to gracious 5 rooms with N/S/W exposures, 2 BRs & formal dining rm (or 3rd BR), WEIK, 2.5 baths, F/S bldg. Co-excl. $1.585M WEB# 2155217 Lili Gross 212.678.7215

E 65th St/Madison. 4 large rooms. Great loc, F/S co-op, reno, elegant w/beaut moldings & floors, 1 BR & large den, 1.5 reno baths, top-of-the-line kitchen, storage bin incl, no pets. $1.495M WEB# 2243481 Joan McLaughlin 212.360.1651

QUIET HOME WITH A VIEW

MOVE RIGHT IN

SERENE PREWAR ELEGANCE

E 71st Street. 2 bedrooms, 2 bath. Renovated high-end kitchen, renovated baths. Enjoy serenity on high floor facing east. Maint $1,746. 24 hour doorman and pet friendly. $929K WEB# 2168111 Karin Posvar Picket 212.605.9248

E 86th St. 2 bedroom/2 bath, mint, smartly renovated, high floor apt with sunny open city and river views. Flexible lay-out and charming prewar details. Best value. $799K WEB# 2192301 Patricia Carbon 212.745.9490

E 52nd St. Beautifully renovated, large, sunny 1 bedroom with separate dining room and wood burning fireplace in the heart of Southgate. F/S doorman building. $569,900 WEB# 2245768 Michael Rauschenberg 212.500.7049


MANHATTAN

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B R O O K LY N

|

QUEENS

|

LONG ISLAND

|

THE HAMPTONS

SUBLIME SANCTUARY ON SUTTON

MINT CANDELA PREWAR CONDO

25 Sutton Place South | $1,795,000 | Spacious, sun-filled 3-bedroom, 3-bath residence offers unparalleled river views from every room. Building features include riverside patio, top-notch staff, gym, private storage and garage. Web# 1401556. Lorna Leibowitz 917.992.5350

5th Avenue, Mid 50s | $1,595,000 | Most beautiful 4.5-room offering on market perches south over Rockefeller garden. Rare style. Wood burning fireplace, beams, new windows. Every service in reach. Details online. Low CCs. Web# 1387098. Lisa Brown 646.338.2026

INVESTMENT UNITS WALL STREET

THE MOST SOCIAL BUILDING

BE AT THE PINNACLE OF LUXURY

350 Bleecker Street, 5EF | $1,599,000 | Low-rise fullservice building in the townhouse section of the West Village. Roof garden, courtyard with BBQ, garage, gym, laundry, bike room, live-in super, part time doorman plus video intercom, and art gallery. Web# 1293833. Armanda Squadrilli, SVP 646.824.8379

1 Central Park West | $950,000 | This 1-bedroom, 1-bath suite is the perfect pied-à-terre at the Trump International Hotel and Tower. Owners can utilize their units for up to 179 days a year. Web# 1358821. Mary Anne Fusco 212.769.6509

Wall and Broad Street | $1,381,000 Amazing upside value for user or investor. Buy now near the World Trade Center site. 1,105 sf loft with doorman, pool, roof deck, 14-year tax abatement. Other lofts from $799,000$2,900,000 available. Web# 1364157. Lisa Wong 917.346.6046

PERFECT CONDOP INVESTMENT PROPERTY

GRACIOUS CONVERTIBLE 2-BEDROOM

1-BEDROOM + HOME OFFICE WITH BALCONY

East 63rd Street | $875,000 | Spacious and bright 1-bedroom with state-of-the-art renovated open kitchen, marble baths, huge closets, and W/D. Prime location between Park and Lexington Avenues. Fullservice, white-glove building. Web# 1396620. Elena Del Valle 212.891.7613 | 646.247.5558

522 West End Avenue | $839,000 | Prime Upper West Side. This prewar beauty in a full-service coop has 4 rooms in excellent condition, hardwood floors, cove moldings, high ceilings and views of the private courtyard. Web# 1408913. Helen Arden 212.891.7792 | Al Arden 917.435.0472

507 East 80th Street, 6R | $695,000 1 bedroom + home office (child’s 2nd bedroom) on tree-lined street in boutique condo. Spacious living room with balcony, renovated open kitchen, large bedroom with wall of closets and marble bath. Web# 1361306. Gisela Vergara 212.891.7659

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©2011. Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity.

LUXURIOUS LOFT LIVING Chelsea | $1,795,000 | Spacious and bright 1-bedroom, 2-bath loft condominium located in the heart of Chelsea. Boutique building. Expansive open living area. Exceptional combination of classic loft and modern luxury. Web# 1347175. Jared Seligman 212.460.0654


THE NORTH FORK

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RIVERDALE

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WESTCHESTER/PUTNAM

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FLORIDA

All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert.

BEAUTIFUL HOME ON THE PARK Central Park West/West 60s | $6,995,000 | Richly detailed classic space with grand living room, wood burning fireplace, large dining room and library with view. Huge eat-in kitchen, 3 bedrooms, 2.5 baths. Fully renovated, central air conditioning and W/D. Web# 1401613. Bill Postrion 212.769.9871

SPECTACULAR TROPHY HOME East 65th Street/ Madison Ave/5th Ave | $19,900,000 | Enjoy condo living on the top three floors plus roof of this 25-ft limestone mansion. This triplex includes every imaginable luxury for today’s discerning buyer. Web# 1402536. Joan Swift 917.991.1590

HEART OF SOUTHAMPTON VILLAGE

RARE PENTHOUSE WITH TERRACE

PERFECT HOLIDAY GIFT

$3,495,000 | This unbelievably constructed home is being offered for sale. Close to the village shops, restaurants, movie theatre, gym and ocean beaches. 6 bedrooms, 6 baths, pool house, finished basement, sauna and Gunite heated pool. Web# H17965. Carol Nobbs, SVP 631.204.2714 | 516.729.0897

Tribeca | $3,690,000 | Penthouse condo with fabulous rooftop terrace. 3 bedrooms, 2 baths, top-ofthe-line appliances, W/D, Brazilian Cherrywood floors, large arched living room windows, high ceilings, and French doors. Web# 1372916. Avi Voda, EVP 917.414.1963 | 877.578.2779

East 60s/Off Park Avenue | $3,800,000 Spectacular penthouse with 500+ sf wrap around terrace, 9-ft ceilings, fireplace, 2 corner master suites, formal dining, chef’s kitchen and more. White-glove building. No board approval. Web# 1400401. Tristan Harper, SVP 917.697.7845

PRISTINE PREWAR LOFT

BEST PARK AND SKYLINE VIEWS

AUTHENTIC ZEN ARTIST’S LOFT

Flatiron District | $1,995,000 | 2,000 sf loft with large master suite plus den, family room and office. Exposed brick, 11-ft ceilings, 2 baths, W/D, additional storage and bike room for each unit. Web# 1353687. Lisa Interdonato 917.912.1452 Raymond Dillulio 646.732.8900

Central Park North | $2,250,000 | Built in 2007, this 3-bedroom, 3-bath condo is on the 15th floor. Floorto-ceiling windows, glass balcony, gourmet kitchen, massive master suite, a washer/dryer, and parking space. Web# 1363506. Michael Rosenblum 212.769.6541 | Sandy Gansberg 212.769.6548

Financial District | $2,395,000 | 20th-Century stately design paired with 21st Century luxurious modernization, 11.5-ft barrel-vaulted ceilings, triple exposure, 16 windows, intimate fullservice building. Web# 1418454. Lucien Lidji 917.566.4601

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S T R I B L I N G

Prestigious Prewar. East 52nd & East River. Grand public rms offer 60 ft of sweeping river views. High ceilings. 13 rms: LR, DR, library, den, 4BRs, 5.5 bths, eat-in kit, 3 maid’s rms, wet bar & laundry. 2 WBFPs. Lrg basement stor. Bldg gym & grdn. $13.75M. Web #1254767. J.Garrett 452-4379

Lux Skytop Full Flr Condo. East 65th. Glamorous 4000 sf 8 rm apt w/ flr-to-ceil wndws, sweeping views, 4 terrs, 3 entertaining rms, service + chef’s EIK, grand MBR suite w/spa-bth & sauna, 3BRs w/bth & 2 pwdr rms. FS bldg w/gym, pool. Reduced $9.5M. Web #1194949. B.Evans-Butler 452-4391

It’s Lovely at the Top. East 67th. Terraced on every side, this elegant 10 rm, full flr penthouse is ideal for grand-scale entertaining. LR, library & double MBR each have WBFPs & French doors. Open city views. Offered with sep 2BR guest apt. $9.95M. Web #1269814. Jennifer Bowden 212-585-4551

STRIBLING A Privately Held Brokerage Firm

Is In Association With

Glorious Sun-filled 10 Rm Duplex. E 52nd. Architecturally beautiful, comfortable home in distinguished prwr co-op. Hi ceils, grand LR w/WBFP, libr, FDR, enorm kit & bkfst rm, 3 MBRs, 4.5 bths, staff rm, office/gym, stor. River views. New to market. $7.8M. Web #1262712. C.Eland 452-4384

880 Fifth Ave Spectacular Penthouse. New to mrkt. One of Fifth Ave’s greatest, most glamorous penthouses w/amazing CP/city vus. 2BRs, 2.5 bths, dining area, office, lrg kit, fplc, W/D & 2 terrs. Beautiful location. Very special. $6.95M. Web #1281073. J.Durham 212-452-4382/C.Taub 452-4387

Prwr Home Sweet Home. E 72nd. Lovely 7 rm UES co-op convenient to schls, shops, hospitals. Grac LR & FDR for entertaining. 3rd BR now libr. Chef’s EIK w/slate flrs/cntrs, W/D, hm offc. Orig dtls. Oak parq flrs. Thruwall AC. Grdn. Pets ok. $3.2M. Web #1253950. V.Ghilaga 452-4392

Exquisite 5BR. East 72nd. Wonderful 9 rm apt has a spacious MBR suite & 3-4 addit’l BRs. The elegant double LR & sophisticated library both have WBFPs & the formal DR is perfect for larger-scale entertaining. $5.29M. Web #1166068. K.Henckels 212-452-4402/J.Callahan 646-613-7063

New Unique Artist’s Unclassic Prewar 6 w/Pizazz. Parisian-style views, WBFP, bathed in light. FDR w/bookcases, 2 MBRs, 2 bths, lndry w/ W/D, wndwd EIK, offc. New wndws. Thru-wall AC. Top Carn Hill boutique E 95th co-op off Fifth. $1.8M. Web #1279819. L.Wallace 917-348-9093

5 Rm Condop w/Open Views. 130 E 63rd. Great light! Sunny, huge 5 rms on hi flr in FS condop. Excell cond. Spac LR, FDR, windowd EIK, 2 MBR suites, 2.5 bths, W/D, many closets. Bldg rfdk, pets ok. Easy board package, no interview, sublets okay. $1.895M. Web #1273918. J.Wenig 585-4522

Oversized & Sunny Prwr Classic 6. E 68th. Grac & tradit’l hi flr 2BR, 3 bth + maid’s rm w/S, E & W expos. LR w/WBFP, FDR, EIK w/butlr’s pntry & W/D. FS co-op w/gym, stor, bike rm, grdn. Pets + 50% fin ok. $1.795M. Web #1271802. A.Hall 212-452-4421/C.Van Amburg 646-613-2683

Classic 6 On Sutton Pl. Hi flr sun-flood renov hm feats fyr w/pwdr, LR w/ terr, FDR, 2 MBRs w/ensuite bths, chef’s kit w/W/D, maid’s w/full bth. New wndws, bths, HVAC, HW flrs. LR & MBR w/E.Rvr/59th St Bridge vus. FS bldg w/health club, gar, stor. $1.695M. Web #1249509. I.Wade 452-4439

.com/StriblingAssociates @StriblingNYC 12

Distinguished Residences Worldwide 6MĂ„JLZ HUK *V\U[YPLZ .SVIHSS`

STRIBLING

The Right Broker Makes All the Difference


S T R I B L I N G

Duplex Living with Spectacular South & West Views. Own half of the 19th & 20th floors. Mint renovation. Spacious 2 bedrooms, 2.5 baths, W/D. Full service bldg. Gym, roofdeck, bike room & storage. Pied-a-terre okay. Great Value. $1.399M. Web #1210833. J.Perlin 212-452-4373

Perfect Pied-a-Terre. East 55th. Own up to 7 weeks residency in a 2BR suite at super-lux St Regis NY, St Regis Aspen & Phoenician Scottsdale. Or enjoy 50 days at Starwood Resorts worldwide. Spas, maids, butler, personal concierge services. $470K. Web #1193851. Dan Critchett 800-759-0029

Crown Jewel at The Plaza. Hi above Fifth Ave & CPS. Spectac loft-style 6319sf trplx PH w/pvt elev. Grand park view LR + FDR span 80'. Skylit kit, libr w/WBFP. Full flr MBR + 3 addit’l BRs, 5.5 bths & 30' terr. File #CD05-0246. $33.5M. Web #1225369. E.Lorenzo 452-4411/A.Lambert 452-4408

STRIBLING A Privately Held Brokerage Firm

Is In Association With

Time Warner Duplex. Panoramic Central Park views from all rms of this spectacular full service condo. 26 ft great rm, gourmet kit, powder rm, W/D. Upstairs, 2 spac BRs w/ensuite bths. Custom audio, lighting & finishes thru-out. $7.9M. Web #1282172. B.Evans-Butler 452-4391/C.Kurtin 452-4406

Distinguished Residences Worldwide 6MĂ„JLZ HUK *V\U[YPLZ .SVIHSS`

Gorgeous UWS Prewar 3BR. Mint & unique 6 rm (orig 7) w/13 foot ceilings, incredible details, formal DR & LR. Best EIK ever. 2.5 bths, W/D & CAC. FS co-op w/drmn, gym & storage. Fab WEA location, a block from Riverside Park. Lo mt. $2.55M. Web #1271800. C.Taub 212-452-4387

Singular Soho Penthse. Stunning 3BR, 2 bath PH, sculpted fr raw warehse spc, brilliant design w/modern aesthetic. Rare prop flows beaut on 3 levels w/ 3500 sf int & 2200 sf ext distributed over 3 pvt terrs. Beaut landscaped w/360 degree vus. Co-excl. $13.9M. Web #1218317. M.Cashman 646-613-2616

W.Village Loft w/Terr. W 14th. Serenity, glowing S, E, W light & skyline views characterize except’l 2100 sf, 2BR, 2 bth condo w/din balc, expansive entertaining spaces, libr, chef’s kit, hg MBR suite. Classic loft feats, finest finishes. $2.695M or rent $11,500/mo. Web #1275401. V.Osborne 646-613-2728

LIVE/WORK Huge West Chelsea Loft. 263 Ninth Avenue. Nearly 3000 sf of grand & luxurious space. 13 foot ceilings, 8 foot windows, open floor plan, beautiful finishes. Second level is 1200 sf, perfect for home office. 24-hr drmn, FS bldg. $2.4M. Web #1278365. S.Sumser 917-733-9244

Midtown Oasis. W 36th. Sprawling 3200 sf orig loft in 1920s converted bldg on hi flr w/lots of light, NSW expos, 600 sf S terr w/ESB views. Small studio unit for inc or use full spc. 11’ ceils, concrete flrs. 2 pass + 1 freight elevs, 3 baths & sauna. $2.375M. Web #1174056. P.Browne 646-613-2718

Spectacular Views & Superior Furnishings in this designer home on the 35th flr of Bryant Park Tower, a FS luxury condo bldg. This crnr unit has an excellent layout w/alcove BR & modern, open kit. 9 ft ceils. Gym. $635K. Web #1255506. J.Iorio 646-613-2720/H.Winograd 917-509-6479

Gracious Country Living in the City. Overlook Drive, Emerson Hill, Staten Island. Harbor views, picturesque & private neighborhood, wonderful country setting. 4BR, 4 bth home. Prestigious & urban oasis. 5 minutes to the VZ Bridge. $1.125M. Web #1203092. C.McCarthy Turer 917-664-4449

Equal Housing Opportunity

Stribling.com

STRIBLING

Uptown: 924 Madison Avenue / 212-570-2440 Downtown: 340 West 23rd Street / 212-243-4000 Tribeca: 32 Avenue of the Americas / 212-941- 8420

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THE TWELFTH OF TWELVE ISSUES IN 2011 FEATURING THE FINEST LUXURY PROPERTIES

Gwathmey Masterwork

CONTENTS

Daniela Kunen, Managing Director, Prudential Douglas Elliman (212) 891- 7611 | www.elliman.com | Web# 1401849

Page 26

The City’s Hottest Neighborhoods

Page 32

What’s Hot in Manhattan

ADVERTISERS Manhattan

Photos (cover and above): Juris Mardwig

This mint-condition, much-published modernist quasi-loft — formerly a classic eight-room apartment — features a flexible floor plan, with exquisite custom cabinetry, honed limestone, maple floors, designer lighting and hand-finished Venetian plaster walls. The details are endless: The 50-foot living/dining room features a wood-burning fireplace of rare stone, and beautiful views of Park Avenue and the building’s spectacular garden/courtyard. The enormous master suite features well-designed double dressing rooms and baths. There is a library/second bedroom with a full bath, and powder room, as well as a chef’s kitchen with double ovens, double dishwashers, a Thermador professional cooktop, a Subzero refrigerator/freezer, a 128-bottle wine cooler and a laundry room. Additionally, there is a handsomely designed home office/guest room with garden views. The apartment features multizoned central air conditioning, and state-of-the-art sound and lighting systems. For more information, contact Daniela Kunen, Managing Director, Prudential Douglas Elliman at (212) 891-7611, or visit www.elliman.com (Web# 1401849).

Brown Harris Stevens The Corcoran Group Halstead Property Prudential Douglas Elliman Stribling Town Residential

Westchester/CT The Riverside Realty Group

NJ/Pennsylvania Carol C. Dorey Real Estate

ADVERTISING INFORMATION For advertising information on future issues, contact: Emil Mazzanobile (212) 556-1196 | Westchester/Connecticut Linda Elaine Gross (212) 556-1749, Swaty M. Rao (212) 556-1722 | New York General Real Estate (212) 556-1581 or (800) 843-3113

All real estate advertised herein is subject to the Fair Housing Act of 1968, which prohibits any advertisement for housing “that indicates any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin, or an intention to make any such preference, limitation or discrimination.” The New York Times will not knowingly accept any advertising for real estate that indicates any such preference, limitation or discrimination. The law requires that all dwellings advertised be available on an equal opportunity basis.

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This special advertising supplement is sponsored by participating advertisers. The material was written by Jason Forsythe, and did not involve the reporting or editing staff of The New York Times. ©2011 The New York Times


Prewar Perfected

Sean Murphy Turner Alexa Lambert

A prewar residential building in the heart of New York City’s Greenwich Village graciously renovated for contemporary living. One- to fourbedroom condominiums priced from $1.395 – $12.850 million.

www.130west12.com 646.370.1890

A Rudin Family Development Equal Housing Opportunity. Sponsor: 130 West 12th Street LLC, 345 Park Avenue, New York, New York 10154. The complete offering terms are available in an Offering Plan from the Sponsor. File No. CD-11-0094


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TOWNHOUSE AND REAR CARRIAGE HOUSE

HOME RUN

DOUBLE MINT TOWNHOUSE WITH PARK VIEW

E 61st St. Turn of the century mixed use sun flooded 4-story brick townhouse with rare 2-story rear carriage house, supernal ceilings, 6 fireplaces $6.5M WEB# 2220399 D. Albert 212.444.7940, B. Rice 212.444.7969

W 92nd St/Columbus. Mid-block brownstone, great condition, large garden, 6 WBFPs, finished RFDK, new windows and pretty facade. Perfect investment or conversion. $5.25M WEB# 2254000 Samara Heafitz 212.759.3315

EEA. Former home of Lunt Fontanne, sun flooded 4-story townhouse overlooking Carl Schurz Park. Planted garden and roof terrace, newly renovated. $4.995M WEB# 2253321 L. Candler 212.937.6677, P. Marcus 212.508.7168

COTTAGE IN GATED ENCLAVE

TOWNHOUSE GARDEN DUPLEX

GOLD COAST RENTAL

Greenwich Village/Grove Court. Historic home in private courtyard of 6 homes, renovated with delightful architectural details, 3 fireplaces, rooftop garden. Enchanting oasis. $3.9M WEB# 2209580 Christopher J. Infante 917.449.9166

E 30s/Murray Hill. Approx 2,200 SF, charming, mint 2 bedroom/2.5 baths+ office, LR, TV room, windowed dining kitchen, garden, balcony, 2 fireplaces, high ceiling. $1.975M WEB# 2133443 Kenneth Moore 212.605.9326

W 11th St. Stunning 22’ wide townhouse. Beautifully reno with garden. 3 floors, 5 BRs, 3 baths and 2 half baths. 3,400 SF+/-. 8 months short term rental. Offered fully furnished. $24,500/mo. WEB# 2257650 D. Grubman 212.836.1055, D. Dubin 212.605.9287

EVERLASTING ELEGANCE PRIME WEST VILLAGE TOWNHOUSE

CARRIAGE HOUSE

W 15th St. Mint 10,000 SF+/-, 20’ ceilings, 8-person elevator, 6-7 bedrooms, 10 baths, 2,000 SF+/-, landscaped garden & rooftop, outdoor Jacuzzi. $18.7M WEB# 2107522

West Village/ Leroy Street. 25’ wide, 3-story Carriage House with 2 car garage. Built 1900, mint condition, 2 wood burning fireplaces, 4,800 SF+/-. $9.05M WEB# 2117683

E 50s/Beekman. Architecturally renovated 4-story single family, 18.5’ wide TH with south garden, double LR, new chef’s kitchen with breakfast room, 4 bedrooms, 4 baths, office/staff room. $3.995M WEB# 1997822

Julie Pham 917.517.8123

Paul Kolbusz 212.500.7026

Joan C. Billick 212.848.0474

Search by WEB# on Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.


FEATURED PROPERTY

EFFORTLESS ELEGANCE NoHo Exclusive Relaxed luxury best describes this sun-drenched 2,500SF loft located on a prime cobblestone block in historic NoHo. Enter to a grand-scaled living/dining room with 11-foot ceilings, classic columns, an open chef’s kitchen, and brilliant light from a wall of oversized windows. There are 2 sun-filled bedrooms, a library, office plus 2 beautiful bathrooms. The entire loft has been tastefully renovated while preserving the integrity of the original architecture. A sophisticated oasis right in the heart of Downtown’s most vibrant neighborhood! Web#2238633 $3.35M.

URBAN OASIS Chelsea Exclusive Retreat from the city to this remarkable 4,700SF live/work loft featuring grandscaled rooms and soaring ceils. Extraordinary space offers an enormous sun-drenched studio plus a romantic pin-drop quiet residence with 2 bedrooms, office, den, fireplace, and magical landscaped terrace. Very special! Web#2220488 $6.5M.

SOHO GRAND SoHo Exclusive Keyed-elevator opens to this 5,000SF mega-loft featuring a ballroom-sized living/ dining room, enormous chef’s kitchen, 4 bedrooms, 3.5 bathrooms plus superb luxury finishes throughout. An exceptional residence in SoHo’s most significant Landmark building! Web#1981333 $5.95M.

PENTHOUSE JEWEL TriBeCa Exclusive This sparkling duplex penthouse condo is wrapped in glass and features a sun-blasted living/dining room with high ceilings, a wood burning fireplace, gorgeous chef’s kitchen, 3-4 bedrooms plus 2 enormous terraces offering the ultimate indoor/ outdoor lifestyle. 24-hour doorman, gym and private storage! Web#1998587 $5.95M.

SPECTACULAR SOHO LOFT SoHo Exclusive This 3,600SF loft is renovated to perfection and features a 50-foot wide living/dining room with 11’ ceilings, classic columns, state-of-art kitchen, 3 bedrooms/2.5 baths plus historic views from a wall of mahogany-framed windows. Absolutely stunning! Web#1996098 $4.695M.

THINK BIG NoHo Exclusive This authentic 4,400SF live/work loft is located right in the heart of NoHo and offers epic proportions with total flexibility. Currently set up as a grand-scaled 3BR residence plus 2 enormous private studios this extraordinary full-floor features soaring ceils, 3 expos and a sense of serenity seldom found in New York today! Must be seen. Web#1896447 $3.495M.

SUN-DRENCHED CONDO LOFT TriBeCa Exclusive Green design meets modern, sustainable lux in spectacular 3BR, 3 bath duplex in brand new contemporary steel and glass bldg in the heart of TriBeCa! Stunning home has a dramatic LR/DR with 17’ ceils, wide-plank flrs, state-of-art chef’s kit, superb finishes + open views from enormous windows. Boutique condo w/virtual DM, bsmnt storage. Web#2232824 $3.395M.

CLASSIC MODERN – FOUR BEDROOM HOME East Village Exclusive This sprawling prewar residence is renovated to perfection and offers a gracious layout with superb luxury finishes throughout. Loft-like home features high ceilings, wide-plank flooring, top-of-the-line chef’s kitchen, 4 bedrooms, 2 baths plus light from 16 windows. Triple mint condition on prime tree-lined block! Web#2227162 $2.495M.

HUDSON RIVER LOFT West Village Exclusive Enjoy brilliant light and mindblowing sunsets from this dramatic 2,100SF co-op loft featuring a massive living/dining room with 15’ ceilings, exposed brick walls, a wood-burning fireplace, 2 sleeping areas, 2 bathrooms plus unobstructed Hudson River views from enormous factory-style windows. Prime West Village location! Web#1958724 $2.35M.

DOWNTOWN SPECIALIST

Richard Orenstein, EVP 212.381.4248 rorenstein@halstead.com 451 West Broadway, New York, NY 10012

Halstead Property, LLC We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.

To View All of Richard’s Exclusives

Visit halstead.com 19


M A N H A T T A N | B R O O K LY N | Q U E E N S | L O N G I S L A N D | T H E H A M P T O N S | T H E N O R T H F O R K | R I V E R D A L E | W E S T C H E S T E R / P U T N A M | F L O R I D A

TRUMP WORLD TOWER | $12,950,000 | 4UVOOJOH EFUBJMT BOE DVTUPN mOJTIFT DPNF UPHFUIFS JO UIJT TG USPQIZ BQBSUNFOU PGGFSJOH CSFBUIUBLJOH WJFXT PG UIF &BTU 3JWFS BOE NJEUPXO .BOIBUUBO 'FBUVSFT JODMVEF DVTUPN .BIPHBOZ NJMMXPSL $IFSSZ XPPE nPPST DIFG T LJUDIFO BOE NPSF 8FC

307 WEST BROADWAY | $3,750,000 | 1FSDIFE IJHI BCPWF JU BMM UIJT TVO nPPEFE GVMM UPQ nPPS DMBTTJD 4P)P MPGU XJUI EJSFDU LFZFE FMFWBUPS FOUSZ PGGFST BO JODSFEJCMF PQQPSUVOJUZ UP NPWF SJHIU JO PS DSFBUF ZPVS PXO ESFBN IPNF CFESPPNT nFY BOE CBUIT NBLF VQ UIJT RVJOUFTTFOUJBMMZ /FX :PSL TQBDF DPNQMFUF XJUI FYQPTVSFT GU DFJMJOHT BOE )VETPO 3JWFS WJFXT 8FC

41 WEST 96TH STREET | $4,350,000 | 'MPXJOH TQBDF JDPOJD WJFXT BOE TVOOZ FYQPTVSFT DPNCJOF UP NBLF UIJT UIF JEFBM IPNF 8JUI CFESPPNT CBUISPPNT BOE B QSJNF 6QUPXO MPDBUJPO UIJT GVMM TFSWJDF &NFSZ 3PUI "SU %FDP DPPQFSBUJWF IBT JU BMM 8FC

300 WEST 14TH STREET | $4,250,000 | -VYVSJ PVT JO TDBMF TUZMF BOE MBZPVU UIJT CFESPPN CBUISPPN MPGU JT UIF EPXOUPXO USPQIZ BQBSUNFOU ZPV IBWF CFFO TFBSDIJOH GPS 4PBSJOH EPVCMF IFJHIU DFJMJOHT XJUI nPPS UP DFJMJOH XJO EPXT B QSJWBUF 4PVUIFSO UFSSBDF BOE UPQ PG UIF MJOF mYUVSFT BOE BQQMJBODFT NBLF UIJT B NVTU TFF 8FC

RAPHAEL DE NIRO, MANAGING DIRECTOR 8BTIJOHUPO 4USFFU /FX :PSL /: ] ] 5IF%F/JSP(SPVQ!FMMJNBO DPN XXX FMMJNBO DPN SBE ] #1 TEAM NATIONWIDE IN THE PRUDENTIAL NETWORK

A TALENT FOR GETTING DEALS DONE. THE DE NIRO GROUP KNOWS NEW YORK CITY.

PUT THE POWER OF ELLIMAN EXPERTISE, ANSWERS AND ACCESS TO WORK FOR YOU. ASKELLIMAN.COM

┬й2011. Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate AfямБliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be veriямБed by your own attorney, architect or zoning expert.

20


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TWO EXPANSIVE CONDO CONFIGURATIONS The Apthorp – 390 West End Avenue (79th Street). Now available at the legendary Apthorp, famous for its beautifully planted interior courtyard, are two opportunities for New Yorkers to purchase the expansive spaces they crave. One of them encompasses 5,340 SF of gracious and richly detailed space with elegant plaster motifs, multiple mantles, beautiful flooring, and 11’ ceilings. For those requiring ultralarge spaces, combine this home with an adjacent unit of 3,100 SF and own a full 8,400 SF quadrant in this treasured building. Awash in a brilliant halo of light, these homes provide quintessential City views in a fairytale European setting. Extensive amenities planned. Offered at $9.975M and $15.5M. WEB# 2259521 & 2124002

Corcoran’s #1 Westside Broker, 2000-2010 the matays group …exceeding expectations

“It is a privilege to represent these two extraordinary spaces in a building of such architectural significance -- a magnificent limestoneclad structure that marries the elegance of New York’s Gilded Age with the amenities and services of a modern condominium. It would be my pleasure to show you these exceptional properties or to speak with you regarding any of your real estate needs.” – Sherry Matays

Sherry Matays I SVP, Associate Broker I 212.875.2831 I sam@corcoran.com Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.


We define our neighborhoods as much as they define us.

330 EAST 72ND STREET - 11TH FLOOR 3 BR, 3 BATH

WEB ID: 106289

$2.85 M

50 GRAMERCY PARK NORTH 3 BR, 4 BATH

WEB ID: 940344

$10.8 M

121 WEST 19TH STREET - 9D 1 BR, 1 BATH

730 Fifth Avenue New York, NY 10019 212.242.9900

110 Fifth Avenue New York, NY 10011 212.633.1000

WEB ID: 103323

88 Greenwich Street New York, NY 10006 212.269.8888

$1.495 M

45 Horatio Street New York, NY 10014 212.604.0300

26 Astor Place New York, NY 10003 212.584.6100

TOWN Residential, LLC is a licensed real estate broker and proud member of REBNY. Town Residential LLC is a partnership with Thor Equities LLC. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.


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151 CENTRAL PARK WEST, #8C The crème de la crème of CPW landmarks. Transcendent SE Park & 5th Avenue panoramas illuminate an historic 3 to 4 BR residence. A handsome entrance gallery opens to a 29 foot LR, its long side furnishing a bird’s eye view of the Pond which once prompted Holden Caulfield to ask, “Where do the ducks go in the winter?” An impressive entertaining area contains a fine Park-side library & FDR with coffered ceilings. The Belle Époque Kenilworth interior has been revived by a careful restoration of its original detail, abetted by high end technology & conveniences. Among these are a striking chef’s eat-in-kitchen utilizing figured maple cabinetry, 2 Sub Zero fridges, a Viking range and carefully sourced granite counters. All period architecture - tracery, molding, wall treatments, fixtures, floors etc - were rebuilt. The splendid double-sized MBR suite has a serene view towards Central Park South, and a sumptuous wood and marble paneled bath ensuite. Don’t forget the well-placed powder room, the multitude of closets, Cello Sound & Crestron AV systems with HD video, full gym, attentive service and remarkably high ceilings evoking the spatial generosity of times past. Ducks would never leave a home like this. $14.5M WEB# 2072648

211 CENTRAL PARK WEST, #5K This meticulously renovated Beresford classic 7, 3 bedroom home imparts an opulence of scale and elegance of design found nowhere else on CPW, superb all day sun lighting its major rooms. A 27’ center hall gallery leads in diverse directions to a lavish 28’ LR with a WBFP encased in its original mantel, a wonderful library (or 3rd bedroom) and a serious 23’ formal dining room built to accommodate your entire address book. That master of the floor plan, Emery Roth, created this apartment to provide a multitude of separated living and working quarters, with extra-high ceilings and a splendid span of 70 feet extending from the FDR to the far end of the living room/salon. A striking eat-in chef’s kitchen retains its St. Charles cabinetry and contains a very large dining area. 3 grand-scale bedrooms, the master including an oversized bath ensuite, are housed in their own wing. An abundance of closets, shelving and cabinetry is thoughtfully placed throughout the residence. The overall ambiance is one of grace, grandeur and serenity. Noted for top-notch, white glove service with the managing agent in-house, the Beresford provides basement bin storage, laundry, a world-class gym and a bike room for those tempted by the idylls of Central Park across the street. John Beresford, a cohort of Henry the Fifth at Agincourt, for whose family (and castle) the building was named, would feel right at home. $3.995M. WEB# 2202183

“It is a privilege to represent the finest and most architecturally significant homes this great city has to offer.”

Top producers of sales on Central Park West. Daniel Douglas Senior Vice President Associate Broker 212.875.2835 dd@corcoran.com

Eileen LaMorte Senior Vice President Associate Broker 212.875-2849 elp@corcoran.com

The Corcoran Group I 888 Seventh Avenue New York, NY 10106

Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.

“There is nothing more satisfying than being able to help find my clients that perfect home that fits who they are.”


Take a complete Photo Tour of these properties & many more: www.TheRiversideRealtyGroup.com

Westport | $4,295,000

Westport | $3,795,000

Westport | $3,495,000

Westport | $3,495,000

Westport | $4,399,000

Westport | $5,425,000

Westport | $2,999,000

Westport | $5,999,000

Westport | $3,299,000

Westport | $3,777,000

Westport | $3,895,000

Westport | $3,499,000

(203) 226-8300 Search every home for sale at: www.TheRiversideRealtyGroup.com The Riverside Realty Group, LTD • 1254 Post Road East • Westport, CT 06880


M A N H A T T A N | B R O O K LY N | Q U E E N S | L O N G I S L A N D | T H E H A M P T O N S | T H E N O R T H F O R K | R I V E R D A L E | W E S T C H E S T E R / P U T N A M | F L O R I D A

CUSTOMIZE YOUR DREAM PENTHOUSE

PALATIAL PREWAR 10-ROOM CANDELA

MINT FULL-FLOOR ON PARK AVENUE

7 East 17th Street, PH | $7,095,000 | Spanning the top floor, this incredible condo offers a rare opportunity with 5,700 sf of raw interior space and a 5,400 sf roof deck. Private, keyed elevators, high ceilings and excellent light. Web# 1383177.

770 Park Avenue, 10D | $8,995,000 | Open views, high ceilings, 2 fireplaces, corner living room, library and corner loggia, formal dining room, eat-in kitchen, and den/bedroom with full bath. 3 additional bedrooms plus 4.5 baths. Staff room on separate floor. Web# 1339914.

1185 Park Avenue | $13,995,000 | Exquisitely renovated 12-room, prewar home. Private full floor with Park Avenue frontage, exceptional views, 2 working fireplaces and central air. 6 bedrooms plus library, study, 8.5 baths and maid’s room. In sought-after coop building. Web# 1311249.

CREATE A UNION SQUARE PENTHOUSE

TERRACED RIVERFRONT PENTHOUSE

PREWAR CLASSIC 8 ON PARK AVENUE

7 East 17th Street, 8th FL | $3,595,000 2,800+ sf of interior space and 2,700+ sf of exterior space. Floor plan offers canvas for creative ingenuity. Features 12-ft ceilings. Potential floor plan could have a living/dining area, 2-3 bedrooms, with master suite, sitting room and a gourmet kitchen. Web# 1364320.

25 Sutton Place South, PHO/ PHN | $4,250,000 Glamorous 5-bedroom, plus library, 3.5-bath penthouse with cinematic views. Wood-paneled gallery with marble floors, corner living room and library with access to terrace, dining room and windowed kitchen. Web# 1409449.

1185 Park Avenue, 5H | $5,250,000 | Renovated 4-bedroom, 3.5-bath home. Bright living room with fireplace. 4th bedroom easily converts back to formal dining room; chef’s kitchen. Master bedroom with en suite bath; 2 additional bedrooms with marble bath and powder room. Web# 1343536.

MEDICAL OFFICE SPACE IN PREWAR CO-OP

LUXURY CORNER CONDOMINIUM

PREWAR MAISONETTE ON PARK

1111 PARK AVENUE, 1B | $600,000 | 4-room suite with prewar details on lobby floor of prestigious co-op. Private office, consultation room, waiting room, kitchen, foyer and 2 baths. Fantastic opportunity to move your practice to a white-glove, Park Avenue building. Web# 1415624.

450 East 83rd Street, 11D | $1,595,000 2-bedroom, 2.5-bath home with living/dining room, windowed kitchen, high ceilings, open exposures and W/D. Master suite with walk-in closet, 2nd bedroom with en suite bath, powder room. Gym, playroom, and garage in building. Web# 1339054.

860 Park Avenue/East 70s | $1,750,000 Currently a doctor’s office. 1,800+ sf with high ceilings, large windows, 3 rooms on Park Avenue. Entrances on 77th and from lobby on Park. For residential and/or medical purposes. Web# 1251942.

DANIELA KUNEN, MANAGING DIRECTOR

212.891.7611

DKUNEN@ ELLIMAN.COM

A TALENT FOR GETTING DEALS DONE. DANIELA KUNEN KNOWS NEW YORK CITY.

PUT THE POWER OF ELLIMAN EXPERTISE, ANSWERS AND ACCESS TO WORK FOR YOU. ASKELLIMAN.COM

©2011. Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license. Equal Housing Opportunity. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert.

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A D V E R T I S E M E N T

New York has many neighborhoods — some well known, some overlooked — that are emerging strong and vibrant from the economic downturn, offering a host of intriguing real estate options for both renters and purchasers. Careful apartment shoppers recognize the importance of making a long-term investment in a thriving neighborhood, and now more than ever, they want that investment to be a wise one that will hold its value over time.

The City’s Hottest Neighborhoods Though so much attention is focused on Chelsea, the Meatpacking district and downtown Manhattan in general, there are plenty of uptown and midtown options hiding in plain site, suggested Kenneth Scheff, executive vice president and managing director of Stribling & Associates. “There are hot neighborhoods and smart neighborhoods — and the East 50s is a neighborhood offering truly good value,” he said recently. “These days, buyers think what is hot is what is smart. The most compelling issue for buyers is to feel that they are making a good investment. This is not a time for doing anything risky.” At 45 Sutton Place South, between East 54th and 55th Streets, a luxuriously renovated three-bedroom apartment listing at $4.5 million features an unobstructed view south all the way down the East River to New York Harbor. The white brick postwar building, built in 1958, comes with oversized, midcentury modern rooms that are once again considered stylish by a new generation of buyers. The six-room, three-and-a-half bath apartment also features a long wraparound terrace. “People used to just think prewar,” said Scheff, “but now midcentury modern is having a comeback.” Scheff also points to classic Greenwich Village as one of Manhattan’s enduringly hot neighborhoods. The 26

Devonshire House, a rental-to-condo conversion at 28 East 10th Street at University Place, and 130 West 12th Street, a 1941 building with an Art Deco feel that also underwent an extensive rental-to-condo conversion, are two successful updates of venerable Greenwich Village properties that artfully preserve the landmark nature of the area. “The appeal of the central Village is the beautiful historic neighborhood, the chic restaurants and shops, and the ease of transportation,” he said. “It is a charming ambiance that appeals to old line New Yorkers as well as to younger buyers who want to move in from the suburbs, along with foreign buyers who appreciate its scale. When you walk into an apartment, there is a good chance it is tastefully done. There is a reason people buy here: these are smart people with an awareness that good taste is what the market demands in Greenwich Village.” Sometimes a building defines the neighborhood. Western SoHo/Hudson Square scarcely had its own identity before Trump SoHo opened just over a year ago at 246 Spring Street. The property, which serves as both a 46story hotel and a condominium, is now an effective bridge between central SoHo and the Hudson River. Along with The James Hotel, which also opened in SoHo in 2010, the Mondrian

Rising majestically over Western SoHo/ Hudson Square, Trump SoHo Hotel Condominium has come to define this burgeoning neighborhood. Photo: Jon Ortner


A D V E R T I S E M E N T

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A D V E R T I S E M E N T

The Devonshire House, at 28 East 10th Street at University Place, exemplifies why Greenwich Village is always in demand.

SoHo, a boutique hotel that opened this year, and a Marriott Courtyard, which opened in December in Hudson Square, Trump SoHo has spurred increased foot traffic to retailers and eateries in the emerging neighborhood. The property also brought the 160-seat bi-level restaurant Quattro Gastronomia Italiana, cocktail lounge Kastel, seasonal pool deck lounge Bar d’Eau, The Spa at Trump (with one of the largest Turkish hammams in the city) and 12,000 square feet of meeting space to downtown north of the financial district, which previously had only 6,000 square feet of hotel meeting space in total. Condo buyers in Trump SoHo can avail themselves of all the hotel amenities — including five-star room and maid service. It also brings impressive views to greater SoHo, an area otherwise not known for its views. “I’ve been selling in SoHo for years and have always said, ‘If you want to live in SoHo, you can’t have a view apartment,’” said 28

This luxurious apartment at 45 Sutton Place South features unobstructed East River views and an 800-square-foot private planted terrace. Photo: David Paler

John Gomes, executive vice president at Prudential Douglas Elliman. “Trump SoHo proves this wrong: The views are jaw-droppingly spectacular.” Each of the 371 hotel rooms is available for purchase. The prices begin at $995,000 for a studio apartment, and range up to $8.7 million for a twobedroom, two-and-a-half bath duplex penthouse with abundant outdoor space and views. Another once-overlooked neighborhood that is making its presence felt is the Sixth Avenue corridor, a 10-block stretch between 23rd and 33rd Streets, roughly between Herald Square and Madison Square Park. Two new 54-story luxury rental buildings, the 338-unit Continental and the 301-unit Beatrice, the latter of which sits atop the Eventi hotel and a new Food Parc, have become the heart of this new residential destination in the midst of a busy commercial area. The Continental, designed by the acclaimed architecture firm Costas Kondylis and

Partners, comes with the area’s only infinity pool, while the entire 54th floor of The Beatrice is one large club space, with dining room, catering kitchen and outdoor deck with its own set of cityscape views. Both rental towers exemplify the latest trend of equipping rental towers with high-end resort-style amenities. “The bar has really been raised for what people expect in rental buildings in Manhattan, and the market has shown that people here will spend for better finishes and design in a rental,” said Cliff Finn, president of new development marketing of Citi Habitats Marketing Group. “The aesthetics and amenities have really stepped up for rental towers. You used to have to buy to get this level — but now you don’t. The housing crisis only increased the already pent-up demand for this type of high-end building with condo-style finishes and amenities.” With “starchitects” such as Jean Nouvel and Annabelle Seldorf de-


A D V E R T I S E M E N T

Spacious and airy, this 4,700-square-foot apartment at 147 West 15th Street in Manhattan is a rare find. Photo: Kevin Chu

The cityscape views from The Beatrice, in the Sixth Avenue corridor, are but one of the charms of this new 54-story luxury rental building.

Set in an increasingly popular area between Herald Square and Madison Square Park, The Continental was designed by acclaimed architecture firm Costas Kondylis and Partners.

signing for dramatic new additions to the area, which includes the wildly popular High Line and the recently red hot Chelsea waterfront, the lofts of Chelsea are in high demand. 147 West 15th Street is a 55-foot-wide steel-and-concrete former industrial printing building featuring a third floor, floor-through 4,700-square-foot apartment listing for $6.5 million. The current owners, both photographers, use the studio with a southern exposure for their workspace, and use the back for a peaceful residence with a terrace facing north to brownstone gardens. “It really feels like you are in Europe, facing ivy-covered gardens

warehouses, Kent Avenue, in the northern section of Williamsburg, now boasts a noteworthy mix of successful new condos, rentals, shopping and amenities, such as the acclaimed Brooklyn Flea and foodie-focused Smorgasbord, attracting new residents and visitors alike. Brooklyn brokerage aptsandlofts .com has ministered to this evolution firsthand, leasing out 113-unit rental 175 Kent in less than four months — much of it to Manhattanites. One of the area’s newest high-end, amenityrich rentals along Williamsburg’s Gold Coast is 111 Kent, which, because it was originally designed to be a condo, fea-

and brownstone buildings,” explained Richard Orenstein, executive vice president with Halstead Property. “It’s very peaceful, and it really transforms your spirit — very solid, and very quiet. To have this much square footage on a beautiful tree-lined block between Sixth and Seventh Avenues, just steps from Union Square and the Village in Chelsea, is a rare find.” Williamsburg’s Kent Avenue is experiencing its own waterfront renaissance, growing into one of the city’s most vibrant waterfront communities as the face of the new Williamsburg. Once a marginal neighborhood that was home to barren factories and

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A D V E R T I S E M E N T

ABOVE: With its warm palette, this kitchen at 1 Rector Park in Battery Park City typifies the quality of Costas Kondylis’s gut renovation. Photo: Evan Joseph LEFT: 111 Kent is one of the newest high-end, amenity-rich rentals along Williamsburg’s Gold Coast.

tures larger rooms than conventional rental buildings. One of the first-floor duplexes is 1,574 square feet, and rents for $4,700 a month. Besides the rooftop deck, fitness center, gaming room and full-time doorman, a pool will open in the spring. “Whenever you give New Yorkers the opportunity to live near a river, they are going to jump at it,” stated David Maundrell, cofounder and president of aptsandlofts. com. “Williamsburg buyers are looking for the industrial feel, glass towers on the river, or both. Having East River State park is also a draw, as is the esplanade and the water taxi, which just recently opened up. The views are a big driving factor for buyers here.” Water views are certainly the driver behind the success of Battery Park 30

City. A rental condo conversion at 1 Rector Park is one of the last buildings to be completed in the massive development, which is now fully built. Costas Kondylis gut-renovated the building when it was converted to condos, and dropped the number of units from 220 to 174. The amenity spaces are all brand-new, from the Bar & Books club lounge to a children’s playroom in the basement, and a high-tech fitness center and business center. “People are pleasantly surprised to see that Battery Park City has come into its own over the last few years,” said Tricia Hayes Cole, executive managing director with Corcoran Sunshine Marketing Group. “With the World Trade Center buildings coming back up, and Condé Nast signing a million-

square-foot lease nearby, there is a lot going on down there. Every day, you read about new establishments — retail, restaurants, businesses and new residents — moving into the neighborhood. Battery Park City brings together the best of being in an urban environment in Manhattan, but also being not in the center. People here enjoy the outdoors and recreational activities, the parks and the greenery: there are 13 parks here, and 36 acres of permanently protected green space. It is a nice combination of green and calm with distinctly urban amenities that make living along the river in Manhattan very appealing for a broad mix of people.” (


New York Connecticut New Jersey halstead.com

H U D S O N VA L L E Y

A MODERN HOLIDAY Excl. Stylish & luxe getaway in hot Hillsdale. Perfect amenities & perfectly loc between Hudson & Berkshires. Nr skiing, 2 hrs NYC. $3M. Web#1508004 Chris Pomeroy, VP 212.381.2531

MOUNTAINTOP MASTERPIECE Excl. Marvel at Ashokan reservoir & mountain views. Neutra inspired work of art. Edge pool, indoor & outdoor fplc. Serene. $1.97M. Web#2001648 R. Horowitz/N. Felcetto, SVP 518.821.5509/212.381.6554

HOME FOR THE HOLIDAYS Excl. Authentic, rare 1700s Gentleman’s Horse Farm on 68 acres. Gracious proportions & orig details. Gardens, creek, trails. $925K. Web#1986096 R. Horowitz/N. Felcetto, SVP 518.821.5509/212.381.6554

SIT BY THE FIRE... Excl. Forever views, Custom 4BR/4.5BA. & 4WBFPL, EIK, FDR, MBR screened porch. Carriage hse, pond on 31 PRIVATE acres. $1.245M. Web#1974279 R. Horowitz/N. Felcetto, SVP 518.821.5509/212.381.6554

PEACE & PRIVACY Excl. Cstm built 4BR/3.5BA w/9 acres, screen porch & views. Near skiing & Berks. 2 hrs NYC. See how much your money can buy. $799K. Web#2010201 Jennifer Capala 917.685.6925

COUNTRY COMFORT Excl. Rm for many. Renov 5BR/ 3.5BA w/guest suite & pond on 9 acres. NYC 2 hrs. Close to skiing, Hudson Valley & Berks. $795K. Web#1972503 Jennifer Capala 917.685.6925

OLD CHATHAM HAMLET Excl. Lovely house under towering trees, columned porch, 5 fireplaces, original detail, 8BR, 6 baths, plus 3 apts, 6.5 acres. $725K. Web#1965547 Mary Stapleton 518.929.7783

OLD STONE DUTCH HOUSE Excl. Rare and historic early 1700s home in coveted Rhinecliff, near Rhinebeck. 3BR/2BA, fplc & guest house on 5.6 acres. $695K. Web#2236645 Mary Stapleton 518.929.7783

SERENITY, VIEWS & HIGH STYLE Excl. Minimalist mod, walls of glass, LR w/20’ceil, 3BR/4BA, FDR, EIK, 2 wbfp on 10 landscaped acres. Pond & garden. $675K. Web#1994299 R. Horowitz/N. Felcetto, SVP 518.821.5509/212.381.6554

A HUDSON RIVER HOLIDAY Excl. Breathtaking, majestic views. Super prvt, uber-charming retreat near skiing, Hudson & Woodstock. IG pool, wbfp, 2 hrs NYC. $450K. Web#2232654 Chris Pomeroy, VP 212.381.2531

WATERFRONT PROPERTY Excl. Perfect setting listen to rushing water. Farmhouse offering 3BR/2BA, fplc, wd board flr, gourmet kit, out bldg, and barn. $449K. Web#2235416 Mary Stapleton 518.929.7783

ELEGANT HUDSON TOWNHOUSE Excl. Renovated brick Italianate w/every modern convenience. 7 fps, 3BR/2BA, libr, office, LR, DR, A/C. Cntrl Hudson loc. $395K. Web#2230507 Sarah H. Sterling 917.699.5688

Halstead Property, LLC We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.

Destination: The Hamptons Halstead Property Continues Its Strategic Growth

We are proud to announce our newest office in East Hampton

Devlin McNiff Halstead Proper ty 3 North Main Street

East Hampton, NY 11937

631.324.6100

Devlin McNiff has been a trusted Hamptons Brokerage Firm for over 30 years and is a Leading Real Estate Companies of the World Affiliate

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A D V E R T I S E M E N T

What’s Hot in Manhattan Nancy Candib specializes in high-end residential real estate in Manhattan. She is senior vice president and managing director for Brown Harris Stevens.

What New York City neighborhoods are attracting the most attention from buyers and renters these days? I break it down to the newer hot neighborhoods, and the bread-andbutter neighborhoods that everyone knows. For the newer ones, West Chelsea has come into its own. It used to be just East Chelsea, with all the development just west of Fifth Avenue. Now, you have a lot of new projects to the far west including the Jean Nouvel building and several other buildings along 10th and 11th Avenues that have been selling well and offer spectacular river views. The Madison Square Park area, between 23rd and 26th Streets, is also desirable. There are also several new buildings coming up around Gramercy Park, an old favorite. 36 Gramercy is now a condo conversion that’s doing well. The same developers who did 15 C.P.W. [Central Park West] are building there, near Irving Place. People just love Gramercy Park, and there is buzz about the newer inventory there. If you look at the sales versus a year ago, loft living is definitely on the rise. Whether it is Upper West or Upper East, the open-kitchen look with an expansive feel, lots of windows and high ceilings is very popular. They have done that in some of the glass buildings on the East Side, like 1055 Park, or the sliver buildings in between the old co-ops — all with a loft-like feel. The Upper East and Upper West Sides, because of the crash and the correction, are working with much less inventory, and developers are not building as much any more. The

32

Laureate, at 76th and Broadway, is practically sold out, and by itself brought an increase in prices to the area. 535 West End is close to sold out — all at a time when there was little to no condo development. The inventory is probably tightest in the city on the Upper West Side. Downtown, the West Village and Meatpacking area are of course very much in demand, and it is difficult to find inventory down there as well. Photo: Brown Harris Stevens

In that case, where are the best deals these days? The Upper East Side, in the last few years, is the place. People feel there is more selection and they will find a good deal there. The Upper East Side is breaking records: Co-op apartments in 834 Fifth Avenue are selling for $30 million and up, and you have trophy townhouses that are still holding their prices. Ultimately, the best locations hold their value. Three years ago, everyone went underground, and didn’t want to be attached to a trophy apartment. Fortunately, we are starting to come out of all of that. What other areas in the city have done well recently? Brooklyn is at all-time highs, unlike two years ago, when the area was hit hard. The values there went up so high, and the banking crisis caused people to back off. But now Brooklyn is back. Harlem, too, has had a remarkable increase in values, with a lot of new condos going up on upper Fifth Avenue. People perceive that you can get real value in both areas. Harlem is becoming a hot spot for

first-time buyers and people looking to enter the Manhattan market at an attainable price point. How does today’s New York market compare with when you started? I started in 1989, when the market was at a high, and then it went down and stayed there for 10 years. For four to five years, it was a real buyers’ market. I don’t see anything parallel to that now. I see everything today as an opportunity — and am very optimistic on the market. Two years ago, I got some great buys for people who wanted to invest in the market. There are still people on both sides of the market now — whereas in the early ’90s, it was not so. We took exclusive deals for 18 months; that was how long it took to sell something. Still, people today are taking longer to educate themselves, and are not jumping in and buying anything. There is a lot on the Internet and they understand market values. Sellers really have to know their stuff these days, and buyers really want a perceived value. (


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34


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PROPOSED FURNITURE LAYOUT

25 BOND STREET NoHo. Stunning 7,300 SF+/- full floor home with grand proportions, soaring ceilings and floor-to-ceiling windows. The gorgeous bronze elevators open directly into the incredible great room with almost 90 feet in length of entertaining space. The elegant chef’s kitchen is beautifully designed by Balthaup with an eat-at counter and top-of-the line finishes. On the south wing of the home are 5 bedrooms, each with ensuite bathroom. Building Features: 24 hour doorman, private garden with outdoor bbq & dining area, exercise room, parking spaces & private storage spaces. $19.5M WEB #2263696

18’ BROWNSTONE TOWNHOUSE

25’ LIMESTONE TOWNHOUSE

25’ TRIPLE MINT SINGLE FAMILY TOWNHOUSE

Upper East Side. Single family. Recent renovation while restoring many of the original details. The four story home has been well maintained and upgraded. Well priced. $5.75M WEB #2264215

Upper East Side. This completely renovated, triple mint, 25 foot wide mansion with elevator is perfectly located in prime Park Avenue. Gracious, generous and grand. $26.5M WEB # 2179897

Gramercy. This stunning, triple mint, elevator 25-foot wide mansion has been magnificently renovated to perfection. Soaring ceilings and well portioned rooms abound. $17M WEB# 2220445

Carrie Chiang I SVP, Associate Broker I 212.836.1088 I ccc@corcoran.com The Carrie Chiang Group I Janet Wang I Julian Berkeley I Richard Phan I Alexa Tirado Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.


Destination: The Hamptons Halstead Property Continues Its Strategic Growth We are Proud to Announce Our Newest Office in East Hampton

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East Hampton NY 11937

631.324.6100

Devlin McNiff has been a Trusted Hamptons Brokerage Firm for over 30 Years and is a Leading Real Estate Companies of the WorldTM Affiliate Learn More about Devlin McNiff Halstead Property at Halstead.com/Hamptons


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