The Element

The Element
Location: 555 W. 59th St.          
Size: 186 units
Floors: 35
Floor Plans: 1, 2, 3 bedrooms,
Townhomes, Penthouse
Prices: $792,000 – $5 million
Developer(s): Brack Capital Real Estate,
Coalco International, Continental Ventures Realty
and S&H Equities.
Architect: SLCE Architects
Sales and Marketing: Corcoran Group Marketing
Marketing Tel: (212) 977-5900
Website Url:
www.elementcondominium.com

 

The Element, which lies west of Columbus Circle, is situated in Lincoln Square – just north of Times Square. This energetic, vivacious part of Manhattan is known for its legendary entertainment amenities and cultural institutions.

Recently, the Manhattan Movement & Arts Center opened its doors in the new condominium. The arts center consists over 17,000 sq. ft. space on the first and second floors. Additionally, the arts center also houses the new home of the Manhattan Youth Ballet, formerly known as the Studio Maestro.

Residents of this spectacular 35-story condo enjoy amenities to almost-no-end. Amenities include yoga and fitness studios, swimming pools, squash and basketball courts and even a wine valet service. Fitness, martial arts and dance classes are offered as well. Avid theater goers don’t have to go far – as a matter of fact – they don’t even have to leave the building. Residents can sit back, relax and enjoy their favorite films in the building’s 200-seat theater

If you crave the outdoors (365 days per year) you’ll enjoy what is referred to as a “natural experience”. Natural it is, the palatial 12,000 sq. ft. landscaped outdoor space is astounding.

If you are a fitness fanatic and you ‘must’ leave the building for a work out, the closest gyms are the Equinox in Columbus Circle, New York Sports Club on 61st and 9th and Crunch on 64th and West End Avenue. To add a pinch flavor to your daily workout routine, you also have the West Side Highway’s 6 mile-long bike and jogging path that’s literally a stones throw away …And don’t forget Central Park.

Other Amenities: Entertain guest and business associates in the building’s resident lounge. You can’t beat this – the lounge has high-definition flat screen TV’s with surround sound and integrated computer wireless capabilities.

Parents can take an extended breather and unwind in the fitness and well-being spa that features a Scandinavian-style sauna with massage and treatment room. Meanwhile, the children can remain occupied in the outdoor children’s playground. The building also has an indoor children’s playroom that has FAO Schwartz toys and games.

Elevator: Yes
Gym: Yes
Pool: Yes
Laundry: Yes
Doorman: Yes
Concierge: Yes
Playroom: Yes

Interiors: Every unit has 9′6″ ceilings with elegant white oak flooring. The kitchens have top-of-the-line installations, Bosch and Sub Zero, just to name a couple. 1-bedroom condo’s have pass-through kitchens. 1-bedroom bathrooms have shower-tub combinations – the floors have a palette of natural stone colors. 2-bedroom master bathrooms have separate shower stalls and twin sinks. Every unit comes equipped with washer/dryers.

City Attractions: The Time Warner Center, Lincoln Center for the Performing Arts and a host of restaurants, cafes, boutiques and retailers, health care facilities and educational institutions and much more.

Subway & Bus Info: The closest transportation is located at Columbus Circle and 57th street cross-town bus. Subways include A, C, B, D, and 1 trains. On-site parking is available.

The Element is a great investment. No wonder it has been coined the epitome of luxurious living and a family-oriented condominium located in the heart of a thriving community.

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New Condo Development: 80 Metropolitan Avenue, NYC 11211

Location: 80 Metropolitan (Kent Avenue and Wythe Avenue)
Size: 123 units
Prices: $425K to $1.6M
Expected Occupancy: immediate
Developer: Steiner New York
Architect: GreenbergFarrow
Sales and Marketing: Halstead Property

Overview: Williamsburg Grows Up

For years, the joke has been that the best thing about Williamsburg is that it’s the East Village, while the worst thing about it is… that it’s the new East Village. 10 years ago, this meant that Williamsburg was filled with hipsters flocking to art openings, loft parties, or shows at dive bars. While this facet of Williamsburg life is still there (and there to stay), Williamsburg has come to resemble the East Village in other aspects well. These include the presences of sushi restaurants, upscale lounges, designer furniture stores and, now, luxury condominiums.

80 Metropolitan is a completely new condo development, built on the site of the Old Dutch Mustard Company building. GreenbergFarrow’s design is tastefully reminiscent of the site’s- and neighborhood’s- industrial character. This does not mean that life inside 80 Metropolitan in any way resembles life inside a warehouse loft. The units’ luxurious kitchens include Liebherr refrigerators, Miele ovens and cook tops, Bosch dishwashers, marble finishes, polished Caesarstone countertops, lacquer and glass cabinetry with Wenge details, and garbage disposals. Baths include glass showers with marble benches, double sinks, Grohe Rainwater Showerheads, and custom Wenge Vanities. In apartment washers and dryers ensure the best of both worlds: living in Williamsburg, but never having to schlep down to the twenty-four hour laundromat on Bedford and Metropolitan.
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New Condo Development: Ariel East and Ariel West, Broadway and W. 99th Street, NY 10025

Location: 2628 Broadway and 245 W. 99th Street (Broadway and W. 99th Street)
Size: 137 units total
Prices: $1.6 through $14.5 million
Expected Occupancy: immediate
Developer: Extell Development Company
Architect: Cetra/ Ruddy
Sales and Marketing: Corcoran group

Overview: Ariel East and West- Family Friendly Luxury, Rising Over The West Side

Ariel East and Ariel West- a pair of striking glass towers on W. 99th Street and Broadway, respectively- can be seen from both New Jersey and the East Side. The two towers are architecturally very different from each other, but they stand together high above their Upper West Side neighborhood.

While striking, The Ariel Condominiums are also surprisingly livable. This is especially true for families. The buildings offer lush parkland views, child friendly common areas such as playrooms and gardens, and are comprised solely of multiple bedroom units. They offer an ideal option for who want a nice place to raise their family, but still want to live give up luxury high-rise life.
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New Condo Conversion: 1200 Fifth Avenue, NY 10029

1200 Fifth Ave.

Location: 1200 Fifth Avenue (E. 101st and E. 102nd Streets)
Size: 59 units
Prices: $1.5 to $14.5 million
Expected Occupancy: 2008
Developer: Joseph Nakash, Joseph Chetrit, Lloyd Goldman and Mann Realty
Architect: Emery Roth
Sales and Marketing: Corcoran Sunshine

Overview: 1200 Fifth Avenue- Old World Charm and New World Luxury

Condo buyers are often forced to choose between the charm of a pre-war building and the luxury of a new development. The conversion of 1200 Fifth Avenue means that you can have both at the same time. Modern luxury amenities have been seamlessly worked into 1200 Fifth Avenue, without disturbing the elegance that has graced the building since it was first built in 1928. High-beamed ceilings co-exist with central air and tilt-and-turn picture windows; old world craftsmanship co-exists with electric fireplaces, state of the art kitchen appliances, and a fitness room.

1200 Fifth Avenue’s northerly location on E. 101st Street means that it is slightly removed from the competitiveness and bustle of Carnegie Hill (some might say mercifully so), without sacrificing any value. Furthermore, the fact that 1200 Fifth Avenue is a condo building means that you can buy Fifth Avenue real estate directly, without having to go through the involved condo board approval process.
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New Condo Development: The Riverhouse 1 River Terrace, NY 10282

The Riverhouse

Location: 1 River Terrace (Murray and Vesey Streets)
Size: 264 units
Prices: $1.7 to $6.2 million
Expected Occupancy: Spring 2008
Developer: Site 16/17 Development LLC.
Architect: The Polshek Partnership/ Ismael Levya/ David Rockwell
Sales and Marketing: Corcoran Sunshine

Overview: Combining Luxury and Green Development

The Riverhouse is ahead of its time. In an age where many other buildings still ignore environmental sustainability altogether, The Riverhouse is an entirely green building. This means that priority is placed not only on quality, but on energy efficiency, occupant health, environmental health, and overall environmental friendliness as well. The Riverhouse achieves these goals through many innovations, such as using only non-pollutant materials and finishes, heating and cooling the building with a geothermal system, placing solar panels on the roof, filtering its own waste, re-filtering air, and employing an energy efficient triple pane window system. These efforts have earned The Riverhouse a Gold rating from Leadership in Energy and Environmental Design (LEED), the national rating standard for green buildings.

No need to worry, though; this focus on eco-friendliness does not come at the expense of comfort. In addition to green technologies, The Riverhouse includes all the luxuries and amenities of contemporary New York City condo living, such as health club, valet parking and laundry. Eco-friendliness also does not mean skimping on technology either. Units come equipped with high speed internet, wall mounted TV’s, and a sound system with speakers in every room.
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New Condo Conversion: The Mark Condo, 25 East 77th Street, NY 10075

Mark Condo

Location: 25 East 77th Street (between Madison and Fifth Avenues)
Size: 160 units (118 hotel/ 42 condo)
Prices: $1.9 million to $60 million
Expected Occupancy: Summer 2008
Developer: Alexico Group
Architect: Shwartz & Gross (new interior by Jacques Grange)
Sales and Marketing: Corcoran Group Inc.

Overview: A Perfect Blend of Past and Present

Across the street from the Cafe Carlyle- where the legendary Bobby Short once held court- lies The Mark Hotel.

This copper-topped building has been a premier New York hotel since being built by the architecture team of Shwartz & Gross in 1927. It is now undergoing a full renovation and will reopen Summer 2008, featuring 118 hotel rooms and 42 cooperative suites.

The Mark will still be very much a working hotel and- unlike with a typical condo conversion- buyers will have a chance to reap the benefits. Those who wish to purchase a furnished condo in the Mark, but plan to only live there part of the year or only during the week, will have the option of allowing management to use it as one of their hotel rooms and receive 70% of the room rate in return.
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