Tag Archives: 148th Street

Harlem Development, PS90, Is Now Sold Out

We were just informed that the premier re-development in Harlem, PS90, is now sold out.  The real-estate market in Harlem continues to boom.  PS90 is located at 220 West 148th Street and is a re-developement of a circa 1905 elementary school converted into condominiums.  It is among the finest schools ever built in New York City with its Collegiate Gothic-style architecture.  See the full story below sent to us by Amy Nitzwantowski.

HARLEM DEVELOPMENT, PS90

IS NOW SOLD OUT

 NEW YORK, NY, January 30, 2012 – Halstead Property Development Marketing and West 147th Street Associates LLC, an affiliate of L+M Development Partners, Inc., today announced that all units at PS90, a premier residential development in Harlem, have been sold.

  Located at 220 West 148th Street, PS90 is a re-development of a circa 1905 elementary school, which is a mix of studio, one-, two-, and three-bedroom units ranging in size from 760 – 1,630 square feet and in price from $425,000 – $899,000. The sell out comes after a steady stream of sales, which initially launched at the end of 2009 byHalstead Property Development Marketing.

“We are extremely proud to reach a successful conclusion at PS90,” said Lisa Gomez, executive vice president of development at L+M Development Partners, Inc. “Buyers were drawn to the development for its unique design and value from the start, and we thank our sales and marketing team at Halstead Property Development Marketing for their hard work in strategically executing the sales process.”

PS90 is a unique, award-winning property highlighted by spacious layouts, Manhattan views, custom kitchens and spa-like bathrooms.  Penthouses feature generously-sized rooftop terraces.  The homes are built with herringbone pattern oak flooring, central air and heat, and Bosch washers and dryers.  Custom-designed kitchens include: stainless steel appliances; under-mount sinks with disposals; walnut-toned wood cabinets and pantries; Quartzite countertops and backsplashes, as well as under-counter microwaves in the islands.  Bathrooms are accentuated by grey staggered bond mosaic walls and floors, honed Palmira tiled bath and shower walls, custom tubs and separate showers with oversized rain shower heads with wands, charcoal grey vanities with integrated sinks, and dramatic recessed lighting coves.

“From the quality of the design to the high-end finishes and the generous amenities, buyers clearly recognized the value in purchasing a home at PS90,” said Stephen G. Kliegerman, president of Halstead Property Development Marketing. “The development’s value will only increase over time as this Harlem neighborhood continues to flourish.”

PS90 residents also enjoy amenities such as a fitness room; an attended lobby; a landscaped; European-style garden terrace courtyard; common lounge; work studio, media room; storage lockers and a bicycle room.

PS90 was developed by West 147th Associates LLC, an affiliate of L+M Development Partners Inc., financing was provided by Goldman Sachs’ Urban Investment Group, and the development wasexclusively marketed and sold by Halstead Property Development Marketing.

NEW YORK Home Design / Harlem

By HarlemHouse

Harlem Real-Estate continues to be hot and in demand with frequent articles in New York Magazine along with New York Times, Uptown Magazine and Architectural Digest.  Here are two new properties featured this month in New York Home Design.

“A peaceful Oasis overlooking Morningside Park”  88 Morningside is mentioned in this months issue of New York Magazine Home Design.

1, 1 + home office, 2 and 3 bedroom homes starting at $365k.  On Morningside at 122nd Street.

Also listed is “A new take on an old school” PS 90 at 220 West 148th Street near historic Jackie Robinson Park. An excellent example of neo-gothic architecture exterior with elegant contemporary interior design.

Offering one of the lowest price-per-foot averages of any new condo in Manhattan–prices begin at $475,000 with a 15-year J-51 tax abatement.