Text extracted via OCR from the original document. May contain errors from the scanning process.
PARK PARTNERS
November 23, 2015
Dear Partner,
I hope this letter finds you well — please see the below updates on the Park Mansion:
I am happy to report that we have completed the building's demolition stage. I have included a
few photos for your reference.
Furthermore, we are very close to filling our building permit and we have finalized our design
for the units. Please see the attached plans. The team is finishing interviews with General
Contractors (GCs) and has come down to the final five GCs that will be allowed to bid on the
project.
Additionally included are visuals for the sidewalk shed and a rendering for the website.
Please fell free to contact me if you have any questions at
or
Thank you so much for your trust and friendship,
David J. Mitchell
801 Madison Avenue, New York, NY 10065
EFTA01080936
0. No Wotan.. 1.1mj
Cr4vrn
"Ns Iell flx. groin aa.o.ne 7o.3 dgto
lAn, at a
or ..45t 4204:v wao
ind an. apeaaNW Ponitoss.
/8•11, 0) , ./t ,
T
212 7126088
10'
SIDE PANEL
Uliwicion,L
uu
PARK MANSION
Introducing The Park Mansion, a striking prewar condominium conversion
featuring four full floor residences, one grand duplex Maisonette with
dramatic outdoor space and one spectacular Penthouse.
50'
FRONT PANEL
WiL I to.tSO , 4
Ichtdµf no The PO* lAinliert i Muhl;
ts~
cambrona 0).4,0,194 lionotrj
10,411 110,”..V.no,y4,14.yee.
Muyntle.
,1-1
•
O
s _4 X
10'
SIDE PANEL
12'-4'
EFTA01080937
77 TIIIIIrsr_r_r_rrr
71ISSINDIIIMINIllielienlirnIOR
Or
II
Sii
ii=ttrunran
z1
g licinnilltiaL
7 G
l
ina
..
6•,. -4
1.4
.22
ei
ra
illi
•P
anterwAttinsz
cif
ar
ceti
,1
1/4.
•K
, :41:7lif4dlireillig
yor
earralra
lik
inti:
,.
Sr
--Aas :.-- :-
1
wa
XI LIV.T.M.TJUSir ... j ,
awe -
EFTA01080938
JEFFREY
E
ARCH
I TECTS
456 EA$13RDSTREE1
MOO R.GCR
NEM YEARN, MR
ACME 2,55454551
F4x 2i51454554
3ff.IV
Gismo WMSWAY mow
N
DRAG
REINDER
ROCA(
C
b
" Sr
A
®
CELLAR
rAourics wGR.
Q T:
CD—
11
C-
-
)— REF.7
_J
—
—
REFUSE ROOM
"
94-X et
rNEC.
E
PORDE
SOON
STORAGE FOR
LIVE 3
I
STORAGE FOR
UNIT 4
STORAGE FOR
UMT 5
FC
6
RCC ROOK ;OR unit I
Sc".
•
SCYuG404110vE
= =_ tfi
It
II
exams It
II
GOLum
HI
ERMING
COLum
JOR
ONG
L
n
r
P0A13EA
ROOM
ImMING
COLum
weNSTS
320 EAST 82ND
STREET
CELLAR PLAN
I
A-100.00
EFTA01080939
JEFFREY
ARCH
I TECTS
/361413111,SIREE1
:WV Mgt
NEW YColic
Me
Alen 2,2.3./Skssi
F/x 212.3./54551
b
st
b
I
c--
-/
/
C
PAIN`
I
I
2 elan.
ON
1101E Or- CE
FOR 2110
BOOR will
CLOSET
I
0
FOYER
mass
F
CLOSET
T
2
1- WO
C
uP
I • V V
sANU)0
41130E
*71/21
off
0
wa.STO!
IM111011m
U.
T
C7I
tel
noffooff 3
12-c x 10.4"
BEDROOM 2
12'-tx 17-0*
MASTER BEDROOM
1791160
C
C•- CulDOOtitittn2
1011311u:0R
II
up
- OuTDOOR TIRRACE
FOR 2ND FLOOR urn -
® 1ST FLOOR
ERR.
Sreetare
ASR
S110.17-tf
Doe
320 EAST 82ND
STREET
a
_SET
A-101.00
EFTA01080940
JEFFREY
c\
Cc.JL E
ARCH
I TECTS
TS! EAST 3RDSTREE1
GELT,E0 TICCIT
NEW YCONNY txxM
NEAR TIEST SAW io
FM TIESS4SET
it
L
6-, 2ND FLOOR
orn
TIRING ROOM
]Sax lel
ON 2oRisERS c Rue
RECESS', t
12, 1*X 840'
ONG ROOM
344- X9Le
ARY WALL
Eto $SJoS
REEL
CLOSET
BAEHR
I
I
J
ISTTSIMIFTEE
YRIR.1 R
.
17.-TYPLET
LAITIRETCSI
/
KALMAR
N'oTtEr
ROOT.
MECHANICAL
ROOM
•OT
co
as
r
DOM.
scsomaER
NETT
b
Ri
UR
ULSTER
ELITTRcosi
11
0
CIMET
ULOROOm 3
ins in
1—
BEOROOTT 2
17-C X 17.0*
NESTER !TEDROW
TELrx
I
I
ON
=JI
320 EAST 82ND
STREET
20Is HET
SECOND FLOOR
PLAN
A-102.00
EFTA01080941
JEFFREY
C_)L E
ARCH
I TECTS
'SE EAMAGSTREE1
GRYEA0 MOT
*MECHAM IME.
FM MIENS
77. 2'
b
iy
UTING_RO011
25.2•X le-C
MACON
tr.rx I7.I•
l=1
MENG ROOm
I7J,94
AM Mtn
ENTRY FOYER
to
Tv*
C
C
C
C
MYR
REE.
KITCHENETTE
00
00
r
TYPE A
-.8AIHROOH
1
S
MiLLWAY
DRESSING
AREA
CLOSET
DAM
a
PONDER
R008
eaECHANICAL
ROOK,
MOSEY
tNE
1
UP —
In man
Kr
b
II SSW,
a r
EXIST.
SPIENKLER
AETR
3RD FLOOR
O
vASICR
BATHROOM
-w
CLOSET
8
st :ROOM 3
2.!%124
t
I-
HESTER GEOROOt.
W.9, IELT
ra
4
cy
EAST 82ND
STREET
20IS I I.'S
I
A-103.00
EFTA01080942
JEFFREY
E
ARCH
I TECTS
'SUM, 3RDSTREE1
NEW YCONNY
FHC.,E 2,2.1454,551
FM 2i2.1454554
I
b
LIVING ROON
W-41/2•Xle..-
BMOC... I
I34-9,
btr
sintinEt_i
f
MS&
0 4THr4FLOOR
LA
JA Ao;
A
A
DIEDIGACKIN
xr.
ENTRY
HALLWAY
l
e
pot<
ROD'
DECKANCAL
ROOM
rr-r
KITCHENETTE
TYPE A
N
/
MASTER
SADIRON
r
MATCH 3
I7.CX ITOT
BEDROOM 3
17+- 217.0*
MASTER BEDROCK.
13•4., WAr
I-
RALCOD,
320 EAST 82ND
STREET
2MSibis
I
A-104.00
EFTA01080943
JEFFREY
C_)L E
ARCH
I TECTS
iNEASINGSTREE1
ORRAEO EI.CER
NEW VOW HY MB
RNA( 212.3/54.5M
FM 212.14545:4
BOY
b
11.---,
(
1
'a Li i
-
'
C
TYPE A
a
I
il lI
I
it
C
iii
C
KIICHEREITE
RAWN0014
,
7
BEDROOM S
17.4”1 KAN
.Neu
WRING ROOM
1
1III
1
.e,
MMHG ROM
254 HTX IE-E
FRB,.
3MEX R-6'
it— ARTWALL
---
MORE
2 INNS
HALLWAY
RAMP
41/4
B3"
/
\
O'\
it-CX INC
. , _ _ _
—
34i.,RAN
_ AENHCLOSET
I
.
—
I
-E;
BEDROOM 4
MASTER BWROON
13.9,17-M
saSTER
BEDROOM
ITN X 14W
II
r
-
I.F
REIHR%...
ROO
-
___
I
niAi
MECHANICAL
ROOM
k4:::::::::::":
ITh 5TH FLOOR
„
E 1St
SPRINKLER
NNE
BALCONY
320 EAST 82ND
STREET
101541.18
a
_SE
I
A-105.00
EFTA01080944
JEFFREY
COL E
ARCH
I TECTS
234EAST HOMEY
GROW:010R
NEW IrCIII04Y IAMB
FRIOAR 2,24:54,55i
FM EINJS4SSI
O.
O
r
-
I
I
MICOEFBURHINCI
FIREPLACE
L./Inc nom
25-2 lax IS‘S I/2"
BEDROOM 3
min 17-23/C
MING ROOM
IT-ITR9A•
7
ENTRY 'OYER
O
w/D
w/D
Ro
GEC.
DRESSING AREA
CLOSET
BATHROOM 3--
T
C
[CHIMER
ROOM
KITCICKETIE
0 C
0
(
0
Rt
REF.
MECHANICAL
ROOM
LIP
BRISERS
M1
Y-
I
SEISMS
oil I/2'
O
ilAIHRODM
0
IXOSCT
V
AAP.
MASTER
BATHROOM
r
At
TERRACE
6TH FLOOR
320 EAST 82ND
STREET
I
A
a
201S03 CO
1 A-106.00
EFTA01080945
JEFFREY
C_)L E
ARCH
I TECTS
,56E,413ISSIREE1 .-
GIVJNOFICCO
NEW YClbole
RICOC 2,24/54,551
FM 2i2.1454554
D
IH FLOOR
RRAFE BELOW
NEVATOR MAOIEAD
ON
320 EAST 82ND
STREET
2015400)
S
ROOF PLAN
in ROOF
vs -
A-107.00
EFTA01080946
•
EFTA01080947
EFTA01080948
c.
A
EFTA01080949
EFTA01080950
br—
EFTA01080951
_
EFTA01080952
IN THE NEWS:
US OPEN TENNIS
DEFLATEGATE
DONALD TRUMP
TOM BRADY
REAL ESTATE
HOME
SECTIONS
SEARCH
0000
The Upper East Side's last
affordable pocket goes luxe
By Nona R. Albert(
Sapeetat, 9, 2015 I 7 Sepe
Take (nee% of YOC kvdle (and beyond) Iron( a poah 20 East End Ave. terrace.
PI i)kp He',
It's a tale (practically) as old as time. When New York City real estate thrives, home
builders and buyers seek to colonize neighborhoods previously deemed undesirable.
The Financial District was once the exclusive domain of nine-to-fivers; these days,
every other office building is a condominium. Along the Hudson River, midtown
Manhattan used to be an industrial no-man's-land of warehouses and strip clubs.
No more — residential projects abound. And now the Upper East Side neighborhood
dubbed Yorkville, which stretches from about 72nd to 96th streets east of Third
Avenue, is ready for its turn.
FOLLOW
SUBSCRIBE
SIGN IN
auctIon
•com'
r
[
'
New York. NY 10016
206-208 East 35th Stree
54927
14'
•
ABC's David Muir nicknamed
'Anchor Monster'
EFTA01080953
YORKVILLE
Area
<y ot
&Ha
944
3
lbseutta
0
°
".3e,c.
302 E96th St
I must
1 CentrilePark
4 205 &Sind%
t Ones MO
4, IS0EIEMSt
• baellGristedsib
F.0.1
Ann
8
5$1182d S.
& 225E8La
I& Iconoeatys
Scconi kfe.ste
Ii. 20 East Wart
12. thr Chutes
lbeRcseModent
The area, defined by its dearth of all-glass towers and
plethora of tree-lined streets, has long been a favorite
for blue-bloods looking to live near prep schools and
the FDR Drive — for weekend getaways out East, of
course.
But as both land and condo prices hit record highs, it's
attracting a fresh wave of interest. More than a dozen
new buildings are on the way, and with them a crop of
buyers who see Yorkville as a place where apartments
are a relative bargain.
Yes, until the Second Avenue subway comes online in
late 2016, public transportation is limited as you
approach the East River. But the Q extension's
imminent completion — coupled with a new Whole Foods and easy access to parks,
museums, hospitals and other family-friendly perks — all mean people want in on a
neighborhood in the throes of a transformation from nice 'n' quiet to construction-
induced, decibel-busting busy.
Extell Development sure wants a piece of the action, shelling out 4100 million for a
Gristede's grocery store on 86th Street near First Avenue. (The property giant already
owns at least four tenement buildings in the vicinity, and reports say it's cobbled
together enough land to build something big.) Extell has also filed plans for two
smaller projects on 92nd Street and Second Avenue, plus, it's already begun the
foundation of a 30-story building at the corner of 95th and Third Avenue, just a block
south of the boundary with East Harlem. Called The Kent, sales of 83 luxe two- to five
bedroom residences in a handsome brick structure will hit the market in the fourth
quarter. Talk about flooding the zone!
A biker tackle:: Can Sclera ParkIseconio promenade along the East River.
Note that The Kent, set for completion in the fall of 2017, is replacing a row of walk-up
tenements that used to dominate their block. Similarly, Icon Realty spent less than 450
million for a comparable row on Second Avenue in the 80s, which it is demolishing
n
Vegas hooker inspired former
Olympian to turn tricks
' I
Cops wrongfully nab tennis star
James Blake on way to US Open
VIDEO
STATE iI~
!HI ill
rf..1a
nnAlla
Check out the $66M 'crown
jewel of Soho real estate'
reattoccom•
Musician Dave Stewart's
House in Toluca Lake Gets
the Hollywood Treatment
Musician Nell Young Is
Saying 'Aloha' to Compound
on Hawaii's Big Island
Hot in the Hollywood Hills:
Amass Ali Laner Is Selling
Loh-Style Home in LA.
Hal of Famer Torn Glavin
Selling Florida Beach Home
Dean Cain's Colorado Rents
Needs a Hero to Come to
the Rescue
MORE F ROA,
EFTA01080954
with the goal of putting up a chic high-rise on the site. It's markedly cheaper than
Extell's deal, in part because Icon started assembling properties in 2007. (Icon is
working on a second high-rise as well as a shorter rental building in the same neck of
the woods.)
lust look to other data and the same trend emerges. In 2010, Yorkville's median sale
price was S663,500, according to real estate listings site StrectEasy. Compare that to
the first seven months of this year — it's 14 percent higher, at S757,500. But remember,
the sub-market remains cheaper relative to the Upper East Side at large, which boasts
a year-to-date median of 51.15 million.
Get your lid of brats andglass boots of WarsteWer at HendeRerg.
Despite the building boom, some low-rises remain, housing institutions, such as
German butcher Schaller & Weber and beer garden I leidelberg, that arc vestiges of
centuries past when Yorkville was an immigrant enclave.
Schaller &Weber owner Ralph Schaller happily holding his WOSSYSIII.
Let's hope they can hang on: Even more small buildings were razed to make way for
star architecture firm SlloP (of Barclays Center fame) to design a tower of 83 condos
with Anbau Enterprises at the corner of 89th Street and First Avenue. The building,
dubbed Citizen360 because its height will afford many residents an all-around view of
NOW ON Psix
ne
a
Justin Timberlake shows off
son, Silas
Docs don't have to admit
wrongdoing in Rivers' death: judge
John Slattery drops 51,600 at NYC
art fair
SEE ALL
— NOW ON
DECIDER
Afea
• • 'el
lirSsiOtball Comedy 'The ,
League' Was Mocking Bro
Culture Before It Was Cool
SEE ALL
Run your business
anytime.
Track sales &
expenses
iii
CB
Get paid faster
V Rum payroll
dek 'mud
OuckBooks
Try it Free )
EFTA01080955
the neighborhood, will have 6,000 square feet of amenity space that ranges from music
rehearsal and art rooms to a gym and children's play area. Apartments go on sale this
fall, with pricing in the 51.3 million to over-5,12 million ballpark.
Thelate% readent% roe skysetorfoing
Ornzen360.
"The site was highly undervalued because it was so far
east, and there were no good transportation links, and
people just weren't interested or willing to go there.
But we saw opportunity," says Barbara van Beuren,
Anbau's managing director. "I think the absolute prices
are manageable. This is not a building full of 510
million apartments?' Still, it points to a future far more
expensive than the current data shows.
Just one block from 113-year-old lowish bakery
Glaser's, which churns out delicious black-and-white
cookies, Citizen360's shimmery facade will rise 410 feet
above street level. But trumping them all will be DDG's
under-construction goliath on IS0 E. 88th St. At 521
feet, it will be the tallest structure on the Upper East
Side north of 72nd Street. Its 48 apartments with 16-
foot ceilings and custom lobby amvork launch sales this
fall, with two-beds starting from 53.4 million, three-
beds from 54.5 million and four-beds from 57 million.
It's not all about living among the clouds, though.
Michael
president of Michael Paul
Enterprises, oversaw the overhaul of two smallish
rental buildings east of Third Avenue into boutique luxury projects. "They were prime
locations for condominiums catering to families," says
of the projects, 225 E.
81st St. (a.k.a The Justin) and 554 E. 82nd St., which have nine apartments between
them. "They arc three or four bedroom units, with big living and dining areas with
fireplaces, and they all have outdoor space:" Six have been snatched up, with asks
ranging from 52.25 million for a two-bedroom to 55.99 million for a four-bedroom.
iii~unit .--de654 East 82ncla
Meanwhile, another rental-to-condo conversion — Carnegie Park — attracted first-
time buyer Elizabeth Dean, who realized Yorkville offered more bang for her buck after
house-hunting in lower Manhattan.
"Originally, I wasn't going to go north of 86th Street. I didn't know what was above
there,' says Dean, 29, who works in finance, paid 51,184 per square foot for her one-
EFTA01080956
bedroom and loves the restaurants, bars and grocery stores that dot the area
File.t.W/10 hornobuyer Elizabeth Dean in a model
and at Carnegie Park. She moves into her Qum
one ibedroorn soon
In July, StreetEasy reports Yorkville's median
price per square foot was 51,098, up 5.1
percent from the year prior and a whopping
29.8 percent from the month prior. The Upper
East Side as a whole, of course, boasts a
higher median: $1,694 per square foot in luly.
"It'll actually be a great investment, Dean
says. "Downtown is extremely pricey, and I
think there's a lot more upside to the Upper
East Side.'
Part of Carnegie Park's makeover includes a
slate of plush amenities designed by classicist
Robert
a
Stern, the architect behind
famously ritzy buildings like IS Central Park West. (The pool, the roof deck and the in-
house "mini-Equinox" gym lured Dean.) Available apartments range from a 4955,000
one-bedroom to a 57.15 million penthouse.
Voul be al* to drive up to 20 East End in style via its potte-oothare and motor ecurt. (The latter isdepicted in
the tendering.)
Stern is also working on a ground-up project at 20 East End Avenue that could pass as
a setback-laden prewar, with old-school details like a porte-cochere, which allows
residents to enter in a vehicle via an archway from the street and drive right up to the
lobby door in a circular motor court. One of these hasn't been a part of any newly
constructed building since the 1930s! About half of its 43 condos, spread across 18
stories, arc in contract from $4.49 million to 514.25 million.
Still, three-fourths of New York City residents are renters, and the Upper East Side's
new crop of construction has something for them, too. Related has topped out on a 36-
story tower at 205 E. 92nd St., where a playground used to sit. The uber-fancy
development will have a massive two-story Equinox gym and a private school for kids
with language-based learning disabilities on its lower floors.
EFTA01080957
The under-construction rental at 205 E. 92nd Si.
The apartments above, set for completion and leasing in the spring of 2016, will have
layouts that skew in favor of three- and four-bedrooms. 'There will be thermostats
programmable remotely on all the A/C units, and motorized shades in some of the
units,* says Bryan Cho, executive vice president at Related Companies. "From the
marble bathrooms to the highly designed public spaces and the amenities, it's what's
usually in condominiums."
On the rental market sooner is The Rose Modem, a 20-story, 82-unit tower currently
finishing up construction on York Avenue. The leasing office will open the first week of
October offering "competitive' rents for a luxury building, according to Bond New
York's Douglas Wagner, with move-ins slated for November and December.
An wt-inrusedkitohen inside a condo at The Charles
PI-ofa Evan
ImaRr,
Want to buy now, and move in immediately? The building most ahead of the curve is
The Charles. Previously stalled after 2008's downturn, the 32-story condo at 1355 First
Ave. got redesigned to emphasize large MI-floor apartments before breaking ground
in 2012. And it's paid off. There are four units left out of 27 total, which started at
$5.97 million. A recent sale of the top six floors to two unidentified relatives for a total
of 459 million made headlines. That price? On First Avenue?
EFTA01080958
First look!Onee a three-story
garage.302 E. 96th St bill become
a 2I-story luxury ococb.
"The preconceived idea of what was considered prime and where you would build
luxury has completely changed," says Jason Karadus of Town, who is director of sales
for the Charles along with Ginger Brokaw. "A lot of people in the industry smirked at
the pricing — about $2,500 per square foot ... Now it's not so risky, which is why you're
seeing companies like Extell building up what's left to be developed up there."
Every developable parcel seems to be getting snatched
up. lust take a three-story garage on 302 East 96th
Street, which developer Wonder Works bought in March
for $24 million. On the northernmost border with
Harlem, the developer plans to put up a 21-story, 48-
unit "affordable luxury" condo building — basically
right on the approach to the FDR. (Don't worry, the
facade will have extra soundproofing.)
"The Second Avenue subway station for 96th street,
which will be one of the first ones opened, is just 200
feet away," says Eric Brody, Wonder Works' managing
partner, who adds that brokers are recommending
asking prices of S1,500 to 42,300 per square foot when
units go on sale next year. "The buyer is anyone who
can't afford to be in all these downtown neighborhoods,
but still wants to live in the city and have incredibly
close access to a train'
Public transit of the future is why Andrew Ellis bought
a fixer-upper on 95th Street and Second Avenue in
2013. The 31-year-old consultant paid a mere $430 per
square foot for a one-bedroom garden-level duplex.
Then came a massive year-long renovation that updated the windows and kitchen
appliances. He also completely redid the backyard, adding a rear deck and koi pond. In
Yorkville, Ellis discovered a "neighborhood feel" that was a far cry from the raucous
scrum of Murray Hill, where he had been renting.
"I had sort of grown out of that," says Ellis, who is no longer alone in his move uptown.
"My high school friends and some college friends are migrating to the Upper East Side.
One is two doors down, literally, and two others are a few blocks away. Having that
subway there eventually is really what did it for me. This place can only go up."
Andrew EIGs stands in As Yorkvite backyard.which he completely redid. adonis a deck (so that the outdoor
space was accessible from the upstairs living room of the duplex) and a koi pond.
EFTA01080959
anbau
DESCRIPTION
360 East 89th Street
New York, NY
360 East 89th Street is a new construction luxury
condominium building located in Manhattan's
Upper East Side between Carl Schurz Park on the
East River and the new Second Avenue subway.
The building will offer a full range of residence
types. all with floor to ceiling windows. innovative
kitchens. and high ceilings. Over 7.500 SF of
amenity space will be available for the residents'
use and an on-site. fully automated parking
COMPLETION DATE
SIZE
Ciiflf.Di SP 771 stories
UNIT MIX
83 one. two, three, four bedroom and penthouse
AMENITIES
doorman. gym and fitness studio.
ci iildien's playroom. catering kitchen. tenant and
bike storage, common laundry & automated
parking facility
TEAM
Architect
SHoP Architects
Interior Designer
Clodagh Design
Engineers
Cosentini Associates
Thornton Tomasetti
Marketing & Sales The Corcoran Group
Creative Agency
IF Studio
Contractor
Ryder Construction. Inc.
EFTA01080960
st-antk•rrrly with
nerAlion
in•
tor trte city
Big Ticket
1355 F .trAt Avenue I MICHELL,. incur's!.
Four Floors, One Apartment
A three-apartment penthouse
combination. ;palming the top
four floor; of the Charles condo-
minium at 1355 First Avenue, sold
for 537.94 million and was the
most expensive closed sale of the
week, according to city record!.
$37,940,000
I he price is the highest ever
paid fora home on the Upper East
Side east of Third Avenue. accord-
lint to CityRealty, which tracks co-
op and condo sales_
The common charges for PHI,
nn 11.740-squaredoot quadruplex
with 1.300 square feet of private
terraces on two levels and views
that extend north, south and from
river to river. are 510,347 a month.
Taxes are 14,04S a month, abated
through 2020.
The buyer, who was shielded
under a limited liability company,
CRE Acqutsition L.LC, created
the sprawling unit by combining
the original duplex penthouse.
Priced at 3163 million, with the
two contiguous Data beneath,
one priced at SIo.Nt million and
the other at 510 63 million.
The three apartments. eta Boors
29 to S2, comprise a gairrn
rooms and t2 and Ala,
bath -
*AV it C. bO
TI• MI.. -4*
1335 First Avenue
rooms But acconlinx to a publi-
cist for the Charles, t he buyer.
who is American. IS c reating a
custom configunition with 12-foot
ceding& and a pnvate elevator.
"It's like having a townhouse,
but with views and (hr ;civic es of
an ultraluxury condominium."
said R. Ramin Kander, the chief
executive of Bluerock Real Estate,
which is des-eloping the propel
with the Victor Group.
The buyers were represented
by Beth Benalloid of the Corcoran
Group, who declined to comment
The Charles, a 27-unit glass-
ancl-limm one condommiam de-
signed by Ismael Uryva. is on
Ant Avenue between 72nd and
nrd streets. a neighborhood with
more tenement style walk 11 tic
and postwar high-rises than ritzy
townhouses and luxury condos.
'There was always a line of de-
lineation; stud Ginger Brokaw. an
associate broker with Town New
Development, who * handling
sakes at the Charles with Jason
Rands*. also of Town. - West of
Third was considered better than
rmything east of Third." But now,
'with the Second Avenue subway
underway. she said. there has
been `a shift in luxury commer
cal and residential real estate to-
ward the East River."
Units st the Charles have eat-u•
kitchens with Miele and Sub-Zerc
appliances. soundproofing comp(
rents like under-floor padding,
and master bedroom suites with
dresstint areas, walk-in closets
and marble soaking tubs. Intend
finishes, designed by David Col-
lins Studio, include white oak an
marble floors.
Budding amenities include a
children's lounge, private sierra)
a fitness center. a game room at
24-hour dcMrmen and Concierge
Five MI-floor four-bedrooms at
still for sale from $6.58 million tp
59.88 million
Rig Ticket includes closed sa
(ruin the previous week, riktir4
‘Vednesday.
•
EFTA01080961