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U.S. Real Estate Company Introduces $8 Million Penthouse

New penthouse located in the Nine on the Hudson development in the Port Imperial neighborhood of West New York, New Jersey showcases Alexander Hovnanian’s inspiration from a variety of developers and architects.

By Brielle Bryan

K. Hovnanian at Port Imperial Urban Renewal VI, LLC has introduced its $8 million dollar penthouse at its Nine on the Hudson development, which consists of beautiful new luxury condos and is located in the Port Imperial neighborhood of West New York, New Jersey, which is just north of Jersey City and Hoboken. Nine has spacious floorplans with views of New York City and five-star amenities.
The penthouse showcases Alexander Hovnanian’s inspiration from a variety of developers and architects that he admires. Nine pushes the envelope with the penthouse’s design by creating a zen oasis, inspired by Japanese design and Dutch aesthetics a design incomparable to other penthouses in New Jersey or New York City.
The one-of-a-kind dining room, inspired by a hibachi concept, was designed to bring people closer together in a less than typical arrangement. The minimalistic designed kitchen has a greenhouse. The penthouse also has a private zen garden and a dedicated tatami room. A floating staircase graces the foyer, and leads up to a modern-glass cube on the penthouse’s expansive private terrace.

Photos courtesy of VDP

Luxury beauty brand, La Prairie, showcases its latest product at The Crown, a penthouse located at Madison Equities’ 212 Fifth Avenue in New York City.

By Brielle Bryan

Majestic purple hues filled The Crown, the penthouse at Madison Equities’ 212 Fifth Avenue, as guests enjoyed intricate hors d’oeuvres and sipped on signature cocktails amidst the glistening New York City Skyline. Top beauty editors, influencers and real estate professionals gathered together to celebrate the launch of La Prairie‘s latest product, Platinum Rare Cellular Night Elixir.
La Prairie, a luxury beauty brand based in Switzerland, is most widely recognized for its anti-aging skincare products which have a cellular complex. La Prairie’s quest for timeless beauty began when the brand was founded in 1978. Its products give new life and energy back to the very cells where beauty is born, enhancing the skin’s natural renewal process.
The sweeping 10,079 square-foot triplex was transformed for the luxury brand’s unveiling of its new elixir. The Crown became an intimate wonderland, filled with posh cosmetics and opulent jewels, including a showcase of exquisite jewelry provided by Van Cleef & Arpels.

Guests were given the opportunity to view the new elixir, and were also offered eye treatments and hand massages in the dimmed rooms on the penthouse’s first floor. The candlelit second floor of The Crown led guests to the top floor of the penthouse, where guests were treated to sweets and custom cocktails, as well as one-of-a-kind views of New York City from The Crown’s private outdoor space.

Photo courtesy of Natalie Poette

Inventories, demand, new construction, urban renewal, untapped potential and changing business opportunities. All of this and much more vary greatly from region to region, market to market, and submarket to submarket. We took it all into account as we determined which 18 places most warrant keeping an eye on in 2018.

By Camilla McLaughlin

Atlanta, Georgia — Midtown is on fire, the result of extensive redevelopment, and local experts believe downtown will become equally vital. Buckhead is still a locus for the high end, but new upscale buildings bring luxury to revitalized city neighborhoods. Look for more upscale communities in the suburbs as well.

Austin, Texas — Along with Atlanta, Austin is setting the pace for a new age for cities in the south. Technology, pharmaceutical and biotech industries coupled with a unique lifestyle bring newcomers. Not to be discounted is Texas’ status as a no-income-tax state. Californians will continue to look favorably on this city.

Boston, Massachusetts — New

ultra-luxury buildings have buffed Boston’s luxury patina. And the redevelopment of neighborhoods is creating more upscale addresses. Prices in the greater Boston area reached a new high in October with a $568,000 median. A steady influx of foreign investors and slightly more balanced inventory are expected to drive the market into 2018. 

Charleston, South Carolina — This city’s ascendancy to the luxury elite is undeniable. Christie’s ranks Charleston fifth, ahead of Paris and Sydney, on its Luxury Thermometer, based on demand and growth. Antebellum classics in historic sections still captivate, but enclaves outside the city or on the water also capture attention. Food, authenticity and waterfront — is there a more compelling combo?

Charlotte, North Carolina — Forecast to be a top housing market in 2018, Charlotte offers urban perks with renewed neighborhoods, new towers and major sports teams without the big-city hassle. Investors, developers, retirees and millennials are all taking notice. An international airport and a temperate climate place this city in the major league.

Darien, Connecticut — Experts anticipate interest in suburban towns with easy access to major metros to grow this year, and Darien is a good example. Homes that are priced right and close to the water sell quickly. Recent ultra sales in nearby Greenwich bring more high-end focus to Connecticut suburbs.

Las Vegas, Nevada — Not too

long ago, some predicted that it would take decades, if ever, for Las Vegas to bounce back from the recession. Today, it tops Realtor.com’s list of the best housing markets for 2018.  While a few segments still play catch up, luxury in Las Vegas is back full force with new ultra-lux properties in a range of prices. Architecturally, many are innovative showstoppers.  

Maui, Hawaii — More visitors return to Maui than any other Hawaiian island. The number of private jets on the tarmac at Kahului Airport, condominiums asking $25 million and a recent $40 million home sale attest to Maui’s luxury charisma. Montage Residences Kapalua Bay with $54 million in sales in 2017 set the bar for resort residences.

“We have seen value increase, but what we have seen of significance is the number of luxury home sales in our marketplace has really grown year over year, each of the past three years,” says broker Peggy Hoag.

Minneapolis/St. Paul, Minnesota — More than Super Bowl LII adds to hubbub in downtown Minneapolis. The boom includes a new 120-block downtown neighborhood anchored by a new stadium, home to the Vikings, and a five-block Wells Fargo mixed-use complex. Offering a higher quality of life at an affordable price, Minneapolis tops Urban Land’s outlook for the Midwest.

Nashville, Tennessee — Once considered a second-tier city, this music hub is now a real estate superstar. Nashville was one of eight metros showing inventory gains in October. Buyers responded, making days on market in November among the

lowest in the country. Nashville appears on several markets to watch this year, making it more than a good bet for 2018.

New York City’s Northern New Jersey suburbs — Developers are eyeing submarkets adjacent to major metros, and towns in Northern New Jersey are in their sights. Already, the region is home to some of the priciest ZIP codes in the country. Manhattan is less than 30 minutes away, and estates here greatly appeal to celebrities thanks to lifestyle and privacy.

Newport Beach, California — Slim inventories make tear downs prized properties here. Developers look for properties to tear down and build new product that appeals to high-end clients who can come in and customize. RE/MAX broker Jeff Grice said more agents are

working with these builders, and his brokerage recently listed a property in the process of being rebuilt for $8.8 million that sold within 11 days. “I foresee this getting bigger and bigger in 2018,” he says.

Orlando, Florida — Florida attracts more international buyers than any other U.S. state and more than Mickey Mouse makes this city a top destination for global buyers in Florida. New luxury enclaves are being developed including more properties in Lake Nona by noted architects.

Philadelphia, Pennsylvania — Inventory is the story here, but one of more rather than less inventory as new luxury rentals and residences come online in Center City. For single-family residences, demand still exceeds supply. Slow and steady

describes a continued influx of newcomers to the city, the second greatest among U.S. secondary markets.

Portland, Oregon — A slim inventory has pushed prices up by almost 10 percent, but low housing prices compared to Vancouver and San Francisco bring newcomers, as does a growing tech presence. Luxury here is on a steady growth path. “We have seen value increase, but what we have seen of significance is the number of luxury home sales in our marketplace has really grown year over year, each of the past three years,” says local broker Peggy Hoag.

San Diego, California — Luxury is not new here, but the cachet of this Pacific star continues to expand. There is no better testimony than the inclusion of San Diego on Christie’s list of

the top 10 fastest growing luxury markets. Luxury has expanded downtown with artful new towers and large-scale developments include North Embarcadero Esplanade.

San Jose, California — The heart of Silicon Valley led the country in price growth with a year-over-year price increase of 19.2 percent in October with 76.3 percent of homes selling above list price. But don’t expect any cooling here until inventory pressures are relieved with more homes in the market.

Seattle, Washington — It’s no surprise Seattle leads ULI’s list of markets to watch. At year end, the typical home was snapped up in just 10 days, making it the fastest market in the country. Upscale properties are in demand thanks to international interest and home-grown tech wealth.

Photo courtesy of iStockphoto.com

Whether you’re celebrating a first home or enjoying life as new parents, these are the best New York City homes for any romantic situation.

Welcoming Little Ones

Circa Central Park is the perfect place for young families to call home. The Upper West Side residential development has an array of amenities conducive to inspiring the minds of youngsters. In addition to a children’s playroom and tween room, Circa offers an environment that stimulates education, socialization and fun. Residence 3G, priced at $4.5 million, boasts a spacious layout outfitted with 3-bedrooms and 3.5 bathrooms, the perfect setup for a family-friendly environment.
 

Photo courtesy of FXCollaborative

The Single Life

The one bedroom apartment at 525W52 offers residents hotel-like amenities, making each day a new adventure for those living the single life. The team at 525W52 works to curate attention-grabbing experiences for residents and their guests including book club in the library, film series in the screening room, social events on the rooftop and day trips. For those newly living on their own, 525W52 offers opportunities to connect with neighborhoods.
 

Photo courtesy of 525 West 52nd Street

Empty Nesting

Retirees living at the d’Orsay will appreciate the building’s classy interior design by renowned French designer Jacques Garcia. Two-bedroom, two-bathroom Residence 5B, priced at $3,175,000, has the perfect amount of space for couples wishing to host friends and family visiting from out of town or spend quality time with the grandchildren.

 

Photo courtesy of The Neighborhood

Moving in Together

Couples shacking up together for the first time have a lot on their plate, but Fifty Third and Eighth offers a stress-free move-in process through a unique partnership with Design Within Reach, where buyers can purchase a unit fully-outfitted.
 

Photo courtesy of Fifty Third and Eighth

Sales have begun at 62-66 North Third Street, a boutique condominium situated in the heart of Williamsburg, Brooklyn.

 
Flatiron Real Estate Advisors, Duke Equities, and MJM have announced the commencement of this luxury development, which consists of 13 exclusive residences between two buildings. 62-66 North Third is the first project in Williamsburg to present a viable offering to buyers looking for newly constructed, family-sized residences.
62-66 North Third Street addresses the needs of the fast growing Williamsburg market, delivering expansive open-floor plans, over 11-foot ceilings, walk-in closets, and outdoor spaces,” said David Dweck, the principal of Duke Equities. “What sets this project apart from other developments is the quality of design, bringing together a design team to offer Williamsburg its finest product — an intimate, boutique building. It caters to the ever-growing population of families looking to set their roots in the area, as Williamsburg is quickly becoming the ideal living and working neighborhood with luxury retail, cultural offerings, great schools and the best recreational activities.”
 

 

62-66 North Third
is comprised of two distinct buildings. While the exterior of each building appears identical, their interiors feature their own unique design themes.
The development features eight homes — a mix of 1-, 2-, 3- and 4-bedroom residences — ranging from 731 to 2,000 square feet.
66 North Third also features 5 full-floor residences, with direct key-lock elevator access to each of the grand 3- and 4-bedroom homes. Four of these loft-like units are approximately 2,000 square feet and have large, open kitchens, oversized islands and outdoor space.

Each building offers a grand second floor home that boasts an open and airy 1,200-square-foot terrace, located right off of the kitchen and living room area, perfect for entertaining. The development also offers two 3-bedroom penthouses, which each boast an incredible amount of outdoor space.
In conceiving 62-66 North Third, architecture firm SRA Architecture and Engineering created a modern interpretation of traditional Williamsburg through the expressed concrete and brick structure, with a unique Jack Arch, black railings and Shuco windows that distinguish the façade. Providing residents with the ultimate privacy, each building has its own lobby, featuring polished dark concrete floors, Japanese charcoal wood walls, Italian tile and a black steel chandelier. Interior designer, Kimberly Peck, masterfully curated interiors that flow naturally from the building’s exterior and reflect Manhattan loft style finishes.

“62-66 North Third is delivering a much-needed experience for Williamsburg families and is filling the gap in the luxury boutique condominium market,” said Andrew Barrocas, CEO of MNS, the exclusive sales and marketing firm on the development. “We’re excited to be involved in a project that will strengthen Williamsburg’s bustling community, especially being the first development in the area to provide four-bedroom residences. With its proximity to the borough’s most well-known retail spaces, restaurant scene and business offices, we are confident that potential buyers will be drawn to the project and all of its bespoke offerings.”
Creating the ideal home for families of any size, 62-66 North Third’s modern, smart and sleek design elements will offer residents expansive living spaces, with high exposed concrete ceilings, oversized windows, outdoor space, tons of natural light, endless views, a virtual doorman, smart-home capabilities, private storage spaces and bike parking.
62-66 North Third is conveniently steps away from major transportation options — including the L, G, J, M and Z line subways, Williamsburg ferry, East River ferry and Citi Bike stations — making it easy to get anywhere in the five boroughs and beyond.

The project is scheduled to be completed by December 2017, with pricing starting at $1.1 million.

Photos courtesy of Indira Lourenço

Built by FXFOWLE Architects, CIRCA Central Park is a brand-new residence on one of the remaining undeveloped corners next to New York City’s coveted Central Park. 
By Samantha Myers

With a curved, contemporary facade leaving its mark on the cityscape, and optimal building amenities, CIRCA offers its residents a flawless Central Park lifestyle.

“I think the number one distinguishing feature of CIRCA is that it’s such a prominent structure on such a beautiful circle,” says Elaine Diratz, managing director at Town New Development of the 11-story building on Frederick Douglass Circle. “It will become a landmark, I have no doubt.” 

Light, airy openness describe the 38 residences that boast high ceilings and generous windows with views of the park. “Each apartment is unique,” says Diratz. “Most of them do not fit into the cookie-cutter apartment. They are spacious and angular, and reflect a higher level of design than most buildings.”

Besides a 24-hour doorman, green oasis and family-friendly amenities such as children’s, tween and study rooms, other special amenities appeal to the proximity to Central Park. Residents are welcome to fully stocked picnic baskets, a bike-share program, kids’ scooters and remote-controlled boats to be used in a classic family activity at the park’s water features.

“One of the best features we offer, especially for the Upper West Side, is private, self-parking. It’s so convenient. You don’t have to call in for your car to be brought down — to me that is the greatest and most luxurious feature,” says Diratz.

Apartments at CIRCA Central Park range from $2 million to $6.5 million. 

Photo courtesy CIRCA Central park

Everyone knows that New York City is a breeding ground for architectural innovation. To celebrate the end of Archtober, we have located four New York properties with hidden architectural marvels that are nearly invisible to the naked eye.

1 Flatbush
Downtown Brooklyn

This “floating” Hill West Architects-designed apartment building appears to hover gracefully above the retail space on its ground level, which is accomplished by setting the second floor amenity space back with terrace parapets and a view gap.

 Photo courtesy of MAQE

1 Seaport
Financial District

Hill West Architects replicates the exact color of sunlight reflecting off of the East River for the color of the glass on the condo’s exterior, seamlessly extending its 360-degree harbor views.

Photo courtesy of Williams New York

277 Fifth
NoMad

Rafael Viñoly opted to place the support columns on the outside of this luxury condo, creating the appearance of an exoskeleton in between the floor-to-ceiling windows. On the interior, the result is wide open spaces without support columns breaking up the open layout.

 Photo courtesy of Pentagram

Sky
Midtown West

One would never guess this slim building boasts the most apartments in a single tower in New York City. At 1,175 units and nearly one million square feet, Hill West Architects kept the building sleek and slim by sliding two connected masses away from one another on a single base.

Photo courtesy of Tim Waltman for Evan Joseph Photography

The Clare, a first-of-its-kind Porcelanosa-sheathed condominium situated on Manhattan’s Upper East Side, offers 30 elegant yet comfortable residences.

Designed by Manuel Glas to capture the relationship between light, shadow and air, The Clare showcases dawn-to-dusk light and sweeping city views. Residences feature 7-inch white oak plank flooring, double-paned insulated glass operable windows, LED lighting, and radiant floor heating throughout.
Open kitchens are equipped with appliances by Miele, along with custom Poggenpohl cabinetry. The serene master bedrooms feature 9-foot ceilings and en suite baths with fixtures by Watermark.
Unique to The Clare is the sprawling 13th floor amenity space, which offers views of Central Park and the Queensboro Bridge. Residents can enjoy a fitness center and flex-room, a spacious lounge with a bar and entertainment area, and an 800 square-foot terrace. The full-service residential experience at The Clare also includes a 24-hour doorman, as well as a bike room for added convenience.

Photos courtesy of Binyan Studios for IF STUDIO and MW Studio

Here’s an exclusive look inside the $19.3 million residence within the record-breaking glass tower, ONE57. 

Extell Development Company tapped renowned interior designer Tony Ingrao for his impeccable understanding of luxury design and extensive experience working with the high net-worth clients. Together, the teams worked to deliver a model residence that is modern, vibrant and inviting.
With a gold and purple theme throughout, the residence offers 4 bedrooms and 4  bathrooms.  The long gold hallway — an art collector’s dream — leads to the expansive living room and dining room.
The New York City residence also offers 180 degree views from Central Park to the East Side, Midtown and the Hudson River. The 3 bedrooms have en-suite bathrooms and the master suite’s bathroom has a view of Central Park from the bathtub.
By living at ONE57, all residents have access to an array of lifestyle amenities including a screening and performance space, library with 24-foot long aquarium and billiards table, conference room, private fitness center, along with access to the Park Hyatt Hotel amenities such as the spa, swimming pool, steam rooms, catering and room service.

 Photos courtesy of Evan Joseph

Since launching sales in February, House 39 — a 36-story, 297-residence LEED certified glass tower in Murray Hill — is more than 70% leased.

Designed by Handel Architects and complete with interiors by the renowned Rockwell Group, House 39 brings a new energy to the bustling Murray Hill.
“This elevated luxury offering brings a new, vibrant energy to the neighborhood,” said Winston Fisher, a partner with Fisher Brothers. “House 39 encompasses an opulent combination of high-end design and incredible five-star amenities that has never been seen before in Murray Hill.”

“House 39 was designed to stand out in an area of typical architecture,” said Handel Architects Managing Partner Gary Handel. “The gently curving glass facade provides a tranquility to the building, while inside, residents will have amazing floor-to-ceiling views.”

The 395-foot tower provides a range of amenities including a Grand Lobby and second floor Club Level, which consists of a fire pit, library, conference center and individual workstations. Demonstration and catering kitchens are open to master and amateur chefs, while the arcade and game room are great for busy residents looking to have fun. Outside, House 39 also offers space for bocce ball and shuffleboard, as well as a children’s playground.
 

Spacious, sleek, contemporary studio to 3-bedroom homes have 9’ ceilings with floor-to-ceiling windows framing views of New York landmarks, such as the Empire State Building and the Chrysler Building. Monthly pricing begins at $3,115.
“Centrally located, House 39 provides residents with easy access to an endless list of nearby eateries, bars and shopping hot spots in addition to an array of transportation hubs,” said Jacqueline Urgo, president of The Marketing Directors. “The incomparable amenity mix and location make living at House 39 the ultimate in convenience, as residents have everything within reach, including a private driveway for busy on-the-go residents.”

Photos courtesy of Evan Joseph.



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