Tag Archives: PS90

5th on the Park Signs Most Contracts in Harlem in 2011

New York, NY – February 1, 2012 – Halstead Property Development Marketing today announced that 5thon the Park, a new, full-service residential high rise on Upper Fifth Avenue, signed a total of 41 contracts throughout 2011, the most out of any new development property in Harlem.

Halstead Property Development Marketing represented seven of the top 10 new developments with the most contracts signed in Harlem in 2011, including runner-up 88 Morningside with 38; followed by 2280 FDB with 31 and PS90 with 30. Gateway Towers, Windows on 123 and Parkside Flats made up the final three with 17, 13 and 12 signed contracts respectively.

“This data reflects the value many buyers see in 5th on the Park,” said Stephen G. Kliegerman, president of Halstead Property Development Marketing. “With the combination of a first rate sales team and thedevelopment’s intelligent design, luxurious amenities and prime location, we expect to maintain a brisk sales pace in 2012.”

Located at 1485 Fifth Avenue, 5th on the Park is a 28-story shimmering glass tower on the corner of 120th Street directly across from historic Mount Morris Park. The remaining units consist of spacious studios, one, two, three and four-bedroom apartments, many with private outdoor space, ranging in size from 568 to 2,386 square feet and in price from $395,000 to $1,725,000. Immediate occupancy is available for purchasers.

5th on the Park provides residents with the pinnacle of amenities, including a state-of-the art gym and a 55-foot indoor, heated lap pool, which have an adjacent outdoor terrace and sun deck overlooking Central Park and the Manhattan Skyline. For further relaxation and entertainment, there is an additional outdoor common terrace, entertaining areas and resident lounge with catering kitchen, as well as a children’s playroom. The development also provides a 24-hour concierge service, on-site, elevator-accessed valet parking and bicycle storage.

Homes at 5th on the Park combine striking interiors with the finest materials to provide a harmonious living space.  Each pet-friendly residence features five-inch engineered cherry wood floors; 9’ to 10’ 6’’ ceilings; floor-to-ceiling double-paned windows; a washer and dryer in each unit; custom designed closets; and central air conditioning.

Italian designer kitchens are purpose-built for everything from everyday meals to entertaining with style.The chef-inspired spaces feature:  GE Monogram and KitchenAid stainless steel appliances; absolute black granite countertops and flooring; European cherry wood cabinets with frosted glass accents; task lighting; under-counter stainless sinks; sleek Kohler fixtures; bar-style counters; and distinct dining areas. Baths are highlighted by: honed cream-colored marble floors and walls; soaking tubs; and glass-enclosed showers.

The top 10 properties with the most signed contracts in Harlem in 2011 are: 5th on the Park at 1485 Fifth Avenue with 41; 88 Morningside at 88 Morningside Avenue with 38; 2280 FDB at 2280 Frederick Douglass Boulevard with 31; PS90 at 220 West 148th Street with 30; Apex at 2300 Frederick Douglass Boulevard with 23; Pascal at 333 East 109th Street with 22; Embelesar 118 at 152 East 118th Street with 19; Gateway Towers at 2098 Frederick Douglass Boulevard with 17; Windows on 123 at 117 West 123rdStreet with 13; and Parkside Flats at 362 St. Nicholas Avenue with 12 signed contracts.

For floor plans or information regarding listings, please visit: http://www.halsteadpdm.com or http://www.5thonthepark.com/.  To make an appointment, please call: (212) 348-5353

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.

PS90 Affordable Unit Price Reduction

By HarlemGuy

There seems to be a real estate price reduction trend in Harlem, as indicated by our previous and now this post on the subject.

I really like the “for residency” only proviso.

PS90 Affordable Unit Price Reduction

Harlem Real Estate – Open Houses Galore

By HarlemGuy

What a difference 6 years makes, as the sampling of available real estate offerings in Harlem below from Halstead makes clear.

When I first bought in Harlem there was just one property on this list that I can recall, the Gateway Condominium.  My slice of Harlem which is Frederick Douglass Boulevard from 110th to 125th (we called it the Gold Coast, the NY Times called it Harlem’s Restaurant Row) was just beginning an epic transformation.  It was my move into the neighborhood and its transformation that prompted my fellow bloggers to partner together to create HarlemCondoLife – Your gateway to Harlem.

Today is a few days after the 7th anniversary of my first day as a Harlem resident and owner with a vested interest in this community’s future.  I am happy to report how much has transpired since then.

Halstead Property Development Marketing Open House Schedule.



 

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