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A SPECIAL ADVERTISING SUPPLEMENT TO THE NEW YORK TIMES IN THIS ISSUE: Fall Preview 9 2015 221 West 77. A Fresh Approach. Developed by Naftali Group | 221west77.com Alexa Lambert, Stribling Marketing Associates 212-221-0077 The New York Times Real Estate App Download it today at the App Store Photos (cover and above): TK ADVERTISING INFORMATION Fall Preview PAGE 16 For advertising information on future issues, contact: Brendan G. Walsh, Advertising Director 212-556-8718 Walter Eisenhardt Jr. 212-556-5835 | New York City Jyoti Sachdev 212-556-8420 | New York City MANHATTAN WILLIAM PITT SOTHEBY’S Corcoran Group Douglas Elliman Halstead Property Stribling & Associates INTERNATIONAL REALTY William Raveis Real Estate PENNSYLVANIA Carol C. Dore WESTCHESTER/CONNECTICUT UPSTATE NEW YORK Gary Di Mauro Lisa James Otto All real estate advertised herein is subject to the Fair Housing Act of 1968, which prohibits any advertisement for housing “that indicates any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin, or an intention to make any such preference, limitation or discrimination.” The New York Times will not knowingly accept any advertising for real estate that indicates any such preference, limitation or discrimination. The law requires that all dwellings advertised be available on an equal opportunity basis. This special advertising supplement is sponsored by participating advertisers. The material was written by Jason Forsythe, and did not involve the reporting or editing staff of The New York Times. ©2015 The New York Times 8 221 West 77. A Fresh Approach. Developed by Naftali Group | 221west77.com Alexa Lambert, Stribling Marketing Associates | 212-221-0077 ADVERTISERS Coldwell Banker NRT Houlihan Lawrence Lisa James Otto ON THE COVER: Developed by Naftali Group and marketed by Stribling Marketing Associates, 221 West 77 is perfectly situated between Central Park and Riverside Park in the heart of Manhattan’s esteemed Upper West Side. Nestled among museums, restaurants and boutiques, 221 West 77 represents the ultimate in modern uptown living. Thomas Juul-Hansen’s thoughtful exterior and interior design honors the materials and scale of the neighborhood’s historic buildings, while creating 26 two- to five-bedroom residences that are fine-tuned to reflect the way we live today. The units offer open, airy spaces that display a meticulous attention to detail — all at a scale that is spacious and livable. The layout of each residence is designed with flexibility in mind, evoking classic architecture but tailoring it for modern living. Spacious floor plans, light-filled rooms, large casement-style windows, kitchens by Smallbone of Devizes, Juliet balconies and exceptional amenities — including a basketball court, gym, roof terrace and wood-paneled library — are just some of the components that rival the city’s largest and most luxurious residences. A D V E R T I S E M E N T A D V E R T I S E M E N T OPPOSITE PAGE: RIGHT: AKA Sutton PLace BOTTOM: Fall Preview A brief look at some of Manhattan’s best resale and new-development properties currently on the market. F ollowing the Metropolitan Museum of Art’s takeover of the Whitney Museum’s former Upper East Side location, a major realignment of some of the area’s most coveted residential spaces is taking shape. Acclaimed interior designer Alexandra Champalimaud and architectural firm Beyer Blinder Belle are transforming a row of 19th and 20th century brownstones, recently vacated by the Whitney, into 10 custom-designed condominium residences. Ranging in size from 3,850 square feet to over 10,000 square feet, the ten capacious new residences, collectively called 33 East 74th Street, comprise more than 50,000 square feet in all, and include the footprint of the Atterbury Mansion, once owned by Cornelius Vanderbilt’s niece. Occupancy is expected by December, with prices starting at $14.5 million for the six core apartments. The penthouses start at $32 million. Later this week (on Sept. 16), Douglas Elliman Real Estate is open- 16 ing a fully furnished model apartment within the building. “Because it is a historical district, we had to keep the facades, but everything else behind them, from the row houses on Madison Avenue to the two massive homes on 74th Street, was scooped out and built anew,” explained Katherine Gauthier, associate broker with Douglas Elliman. “We have spent the last five years planning and now building a brand-new building that gives us all the modern amenities, like four-pipe heating and cooling, extra-thick poured concrete slabs — all with no columns in the way. Because we are not a restoration, we can include every single bell and whistle, all the best of the best, as you would expect for such a prime location just off Central Park. There is nowhere in Manhattan with an assemblage of prime living space on this magnitude.” Also on the Upper East Side, this one where Midtown and uptown meet, 200 East 62nd Street is being transformed from a rental to a condominium 33 E 74th St 200 East 62nd St by the Greenwich Village–based architectural team Messana O’Rorke and developer O’Connor Capital Partners. Originally built in 1967, the 30-story building will have 115 condominium residences ranging from one- to five-bedroom homes, with a porte-cochère and a furnished landscaped rooftop terrace. Occupancy is expected later this fall, with a mix of 1,145-square-foot one-bedroom homes starting at $2.18 million ranging up to a four-bedroom, 2,536-square-foot duplex priced at $6.25 million. “The designer and developer collaborated very closely to create new layouts that reflect how people live today, maximizing movement and abundant natural light,” explained Melanie Estrada, sales director with Corcoran Sunshine Marketing Group. “The building is set back from the southeast corner of 62nd and Third Avenue, a tree-lined block offering inherent light and air even in the lower floors.” In July, AKA, the luxury brand of long-stay ser- viced residences, announced that a limited number of its residences at one of its premier locations, AKA Sutton Place at 330 East 56th Street, would be available for sale as condominiums. With the announcement, the brand introduced AKA Citizen, a program to provide special amenities, rates and services at all eight AKA locations, plus access to exclusive events, priority reservations, personal trainers and beauty specialists for owners. In addition to locations in Beverly Hills, Philadelphia, Washington D.C. and London, AKA operates four properties in New York, with a fifth, AKA Wall Street, opening this winter. Designed by Edward Asfour of Asfour-Guzy Architects, AKA Sutton Place’s residences range from 700-squarefoot one-bedroom homes to 2,000-square-foot two-bedroom homes. “Given our brand loyalists, offering condominium ownership felt like a natural step,” noted Elana Friedman, AKA’s vice president of global marketing. “We anticipate that our buyers will live here a month or two out of the year, and then put their residence in AKA’s inventory so that we can lease them out for 30 days or longer.” Built on the site of a former parking garage, 210 West 77th Street is transforming a once-dreary block between Amsterdam Avenue and Broadway into one of the best on the Upper West Side. The entire block is being overhauled, with new sidewalks, lighting and two new ground-up-construction condominiums designed by Danish architect Thomas Juul Hansen and developed by The Naftali Group. The first, at 210 West 77th, is an 18-story mahogany-clad condominium with 25 luxury residences, currently 75 percent sold, that will provide a 24-hour doorman, a sports court, a spa and residents’ roof deck with an outdoor fireplace. Move-ins in the three- and four-bedroom-homes building (the two townhouses have already sold, and there is also a five-bedroom penthouse) are expected next fall, with occupancy at the two- to 17 A D V E R T I S E M E N T A D V E R T I S E M E N T RIGHT: 87 Leonard St BOTTOM: five-bedroom homes at 221 West 77th Street slated about four months later. Apartment 9W, a 2,720-square-foot four-bedroom home on the market for $6,775,000, features a cook’s kitchen handmade in England by Smallbone of Devizes. “It is a small building instead of a big-box condo, yet you still have very appealing and practical amenities, including a gym and the rubberized sports court, and the sauna,” said Alexa Lambert, sales agent with Stribling Marketing Associates. “It is like coming home to a little hotel, or a small private club.” A duplex penthouse atop Chelsea Enclave, the celebrated condop at 177 Ninth Avenue between West 20th and West 21st Streets, features a 400-square-foot private terrace facing the Empire State Building and upgrades that include a custom-designed Boffi kitchen, matte Burmese marble floors and a floating staircase trimmed in glass. Built in 2008, the 53-unit condop provides exclusive access to The Close, the private lawns and gardens of the General Theological Seminary. The sixth-and-seventh-floor penthouse is on sale for $6.895 million. “The current owners took out all the finishes of a brand-new building to make it truly spectacular, but at the same time not showy, shiny or gaudy,” said Brian Babst, associate broker with The Corcoran Group. “There have not been many resales in this complex, so this is a rare opportunity for someone who appreciates the charm of the neighborhood, a private park, an indoor parking garage with direct access, and the short walk to the Highline and Chelsea Market.” A combination unit at 2 Fifth Avenue, a venerable 1950s-era co-op once inhabited by Mayor Ed Koch and Congresswoman Bella Abzug, is listing for the reduced price of $5.25 million. Overlooking 18 ABOVE LE FT: 210 W. 77th St. ABOVE RIGHT: B E LOW: 177 Ninth Avenue 2 Fifth Ave 21 W. 20th Washington Square Mews and the carriage houses on MacDougal Alley, the 2,300-square-foot home was recently renovated and is comfortably laid out. “This apartment is well priced for a sprawling four-bedroom apartment in Greenwich Village,” said Richard Orenstein, associate broker with Halstead Property. “The heart of the village is a big draw, especially in a full-service building with a doorman and security, and comes with plenty of privacy for adults on one side, and kids on the other. The building recently underwent a multimillion-dollar facade renovation. It is considered to be a blue-chip co-op.” Listing for $13,965,000, Penthouse 2 at 21 West 20th Street — the new 15-story ultraluxury residential building just off Fifth Avenue in the Flatiron district — features a unique 100-foot-wide floor plan, with 4,663 square feet of interior and 525 square feet of outdoor living space all on one level. Developed by Gale International, best known for Seoul’s Songdo International Business District, the new 13-residence building, was designed by Beyer Blinder Belle with interiors by David Mann of MR Architecture + Décor, and is inline for both Well and LEED certification. Penthouse 2 has four bedrooms with four en suite bathrooms, plus a separate media room, powder room, laundry room, powder room, butler’s pantry and a kitchenette in the master bedroom. “You can access the terrace from the master bedroom and the living room through floor-to-ceiling glass accordion doors that give you an indoor-outdoor feel,” said Rachel Glazer, associate broker with Brown Harris Stevens. “The penthouses are set back, so it is very private — and yet in a very accessible location. It is almost impossible to find anything comparable with 100 feet facing south.” Constructed in 1870, 87 Leonard is a classic TriBeCa conversion with cast-iron columns, oversize windows and open floor plans with 7.5-inch-wide white plank oak. The fourth-floor residence, one of three floor-through homes in the 40-foot-wide Italianate style building, is on the market for $9 million. It comprises 4,652-square-feet, with radiant heat throughout, smart features, an ethanol fireplace, a honed Prada black-marble slab for the kitchen counter and the best Sub-Zero, Wolf, Miele and Waterworks appliances. The building has a residents’ gym, an unusual perk for a boutique building. All seven units, including two penthouses and two maisonettes, should be done by December. “There are other buildings that aren’t delivered for two or even three years, so here, lead time is a key selling point,” said Raphael De Niro, associate broker with Douglas Elliman Real Estate. “It is very compelling to walk into a new development as beautiful as this one that you can be living in in just a couple of months.” ■ 19