Zar Property NY has nearly completed the renovation of an eight-story commercial office building at 349 Fifth Avenue in Midtown, Manhattan. Located across the street from the Empire State Building, the property now offers tenants a bright new lobby, a roof terrace, modernized elevator cabs, and 8,000-square-foot through-floor offices with minimal columns or dividing walls to maximize the flow of natural light.
The Rowan, at 21-21 31st Street in Astoria, Queens, has received its TCO, with closings now imminent. DXA Studio is the designer of the residential development, which yields a total of 46 residences, and is among the newest construction projects that have risen over the neighborhood in recent years. RockFarmer Properties is the developer of the building and Brown Harris Stevens Development Marketing is handling sales and marketing of the one to three bedroom condominiums. Only four units remain available for sale, which include a three-bedroom duplex measuring 1,856 square feet with 1,057 square feet of outdoor space, asking $2,549,000; and two three-bedroom penthouses with their own outdoor space. The Rowan is over 85 percent sold, with a recent penthouse sale setting a new record for the highest price per square foot paid for a three-bedroom condominium in the neighborhood.
L&M Development Partners and Wilder Balter Partners Inc. have completed work on their $190 million project in downtown New Rochelle, called ‘Stella’. The new addition to the city at 10 LeCount Place stands as a 28-story mixed-use residential building. The property is designed by Beyer Blinder Belle and offers 380 homes, including studios and one- and two-bedroom apartments. The Marketing Directors is the exclusive leasing and marketing firm for the development. The gross monthly rents for the 285 market rate residences start around $2,000 per month. Stella is built to Enterprise Green Communities efficiency standard, including Energy Star appliances, Zero-VOC interior paints, LED light fixtures, and water- conserving plumbing fixtures.
Sales have officially launched for Adam America Real Estate‘s 2505 Broadway, a new 19-story residential building located on Manhattan’s Upper West Side. The 75,000-square-foot building is designed by ODA and is situated by the corner of Broadway and West 93rd Street. There will be a total of 44 one to four+ bedroom residences, all cleverly oriented to capture the very best lighting while maximizing living space. Many residences also feature private outdoor terraces. Ariel Tirosh along with Douglas Elliman Development Marketing are the exclusive sales and marketing agents for the project.
Work is progressing on Eastlight, a 34-story, 388-foot-tall condominium building in Manhattan’s Kips Bay. Designed by CetraRuddy Architecture and developed by 200 East 34th LLC, which is listed as the owner on permits, the 135,094-square-foot project will yield 144 condominiums and 2,992 square feet of commercial space on the lower levels. The site is located at 501 Third Avenue, at the corner of Third Avenue and East 34th Street and is alternately addressed as 200 East 34th Street. Alongside the recent launch of the building’s website, the 4,600-square-foot sales gallery is also now open on the 29th floor of 475 Park Avenue South. Views of Eastlight are visible from within, and the gallery also includes a full-scale model of the building and its location in Manhattan in relation to nearby neighborhoods such as NoMad, Midtown, Gramercy Park, and the Flatiron District.