COVER STORY, JULY 2007
REACHING NEW HEIGHTS
Profiles of Northeast residential high-rise developments. Compiled by Brianne Gloski
Forté Condominiums
Location: 230 Ashland Place, Brooklyn, New York
Property type: Condominiums
Size: 108 for-sale units in 30 stories with 155,000 total square feet
Breakdown: Studios, one-, two- and three-bedroom units ranging in size from 707 to 1,435 square feet
Pricing: $540,000 to $1.3 million
Amenities: 24-hour concierge, landscaped roof deck, state-of-the-art fitness center, landscaped street-level plaza
Completion date: Early 2008; Move in begins this fall
Owner: The Clarett Group
Developer: The Clarett Group
Architect: FXFOWLE Architects
General Contractor: Bovis Lend Lease
“Forté is unique in that it is the only brand new 30-story residential tower in the BAM Cultural District, a real brownstone neighborhood home to the nation’s most visionary center for the arts,” says Alison Maiore, marketing director for The Clarett Group. “The building will offer sensational, unobstructed views of the New York Harbor, Manhattan skyline and Downtown Brooklyn.”
EastCoast
Location: 4725 Center Boulevard, Long Island City, New York
Property type: Rental apartments
Size: 394 residences in 30 stories with 333,423 total square feet
Breakdown: Studios to two-bedroom units ranging in size from 515 to 1,279 square feet
Pricing: $2,000 to $5,500/month
Amenities: 24-hour doorman, 900-car on-site parking garage, landscaped roof deck with bocce courts, state-of-the-art fitness center, swimming pool and saunas, tenant storage, screening room, bike room, club room, children’s playroom, laundry room, catering prep room
Start date: April 2006
Completion date: October 2007
Project cost: Development Cost - $239.2 million
Owner: East Coast 7 LLC
Developer: Rockrose Development Corp.
Architect: Arquitectonica
General Contractor: Rockrose GC QW7 LLC
Financing: Landesbank Hessen-Thuringen Girozenthale (Helaba)
“The most unique aspect of this project is its complete transformation, from a near useless industrial site into a vibrant residential neighborhood with parks, new roads and exciting architectural designs,” says Sofia Estevez, vice president of Rockrose Development Corp. in New York City. “Tenants will enjoy sensational views of the Manhattan skyline and the East River...and on-site shopping, all only one subway stop from midtown Manhattan. The building will contain the first supermarket in the neighborhood, which should improve the quality of life.”
The Merrion Condominiums
Location: 215 West 88th Street, Upper West Side, New York City
Property type: For-sale condominiums, pre-war conversion
Size: 13 stories
Breakdown: 20 units being converted, ranging in size from 766 to 3,647 square feet
Pricing: $714,000 to $2.73 million
Amenities: Two new-construction rooftop penthouses — featuring unique layouts and private, outdoor spaces — made possible by the rare availability of air rights on a turn-of-the-century residential building; Other services and amenities: 24-hour doorman/concierge services, a live-in superintendent, an on-site resident manager, a common rooftop outdoor recreation area, 32 private storage units for purchase.
Completion date: End of 2007
Developer: Undisclosed
Other companies who contributed to the project: Alchemy Properties-exclusive marketing and sales agent
According to Ken Horn, president of Alchemy Properties, the most unique aspect of the project is that it is “a pre-war building with a newly constructed, modern penthouse addition. The project is already successful, sales have been going on for only a month and sales are very strong. [The building features] typical luxury condominium features...but with a classic pre-war feeling.”
Aurora Over the Hudson
Location: 320-338 Adolphus Avenue, Cliffside Park, New Jersey
Property type: Condominiums
Size: Two glass towers (totaling 352,638 square feet) with 11 residential floors; 131 total for-sale homes
Breakdown: Two- to three-bedroom/2.5- to 3.5-bathroom units ranging in size from 1,800 to 3,300 square feet
Pricing: Two-thirds of the homes over 3,000 square feet are priced from $1 million to $2.5 million
Amenities: Indoor spa, fitness/zen relaxation/sauna/steam room; resident’s club with grand salon, private dining suite, screening room and informal meeting rooms; outdoor plaza with pool, hot tub, relaxation and dining areas overlooking Manhattan and the Hudson River; two parking spaces per unit in conditioned indoor space; valet parking; 24-hour concierge services; private residence security; integrated Internet, phone, cable and digital satellite, and wireless access throughout the homes
Start date: Fall 2007
Completion date: 2010
Project cost: $150 million
Owner: Aurora Development (Pinnacle Downtown, Kohl Partners and Craftex)
Developer: Aurora Development
Architect: Perkins Eastman
General Contractor: TBD
Financing: Fortress
Other companies who contributed to the project: Philippe Starck-YOO by Starck
When asked about the most unique aspect of the project, Mary Boorman, senior vice president of development and marketing for The Pinnacle Companies, says it is, “Cliffside’s location at 200 feet overlooking a panorama of the Hudson River and Manhattan from George Washington Bridge to the Financial District and beyond and exceptional design from Perkins Eastman and YOO by Starck. Perkins Eastman has created contemporary steel and glass towers over a central podium with a shape that maximizes view potential for all of the units. Starck has created amazing indoor and outdoor amenity space and worked with the architect to perfect one-of-a-kind floorplans and design kitchen and bathrooms.”
77 Hudson
Location: 77 Hudson Street, Jersey City, New Jersey
Property type: 1 ground-up condominium tower
Size and Breakdown: 48 stories (total square footage: 944,354 square feet); 420 for-sale homes (ranging in size from 525 to more than 1,700 square feet) with 222 one-bedroom units, 105 two-bedroom units, 24 three-bedroom units and 24 penthouses (ranging in size from 915 to more than 1,700 square feet)
Pricing: $400,000 to more than $2 million
Amenities: Indoor: private dining room and kitchen, lounge, 15-seat screening room, game room and click café, virtual golf, technologically advanced business center; Outdoor: 30,000-square-foot landscaped roof-top park 11 floors above ground with spectacular New York City views, 18-foot by 65-foot pool, lounge area, BBQ pit, dog run, jogging path and grass open lawn
Start date: June 2006
Completion date: Winter 2009
Owner: K. Hovnanian Homes
Developer: K. Hovnanian Homes
Architect: Cetra/Ruddy Inc.
General Contractor: Hunter Roberts
Other companies who contributed to the project: Equity Residential is building a rental tower that is connected by a parking garage and retail space at street level.
“77 Hudson is the first Manhattan-style condominium tower in Jersey City boasting glass curtainwall, several design alternatives and color schemes to choose from, as well as state-of-the-art amenities, including a landscaped rooftop deck,” says Randy Brosseau, area president for K. Hovnanian Homes in Edison, New Jersey. “The community boasts a central location close to transportation that makes 77 part of the Manhattan lifestyle. Buyers tell us they want great views, the excitement of a curtainwall building and interior schemes designed by a world-class interior designer, all of which we’re delivering.”
Solaria
Location: 640 W. 237th Street, Riverdale, New York
Property type: For-sale condominiums
Size: 20 stories; 65 residences; 134,438 gross square feet
Breakdown: One- to five- bedroom units ranging in size from 787 to 3,075 square feet
Pricing: Starting from $660,000
Amenities: The city’s first stargazing deck with an enclosed dome that holds a professional Meade telescope, and the Amateur Astronomer’s Association of New York will offer residents rooftop stargazing sessions and educational astronomy programs. Other amenities: a 200-car valet parking facility adjacent to the residences, a state-of-the-art fitness center, a 24-hour doorman and concierge service, a lounge and entertainment center, and an indoor-outdoor children’s play area
Start date: Spring 2005
Completion date: Summer 2007
Owner: Riverdale Heights LLC
Developer: Arc Development LLC
Architect: SLCE Architects (Shuman, Lichtenstein, Claman and Efron)
General Contractor: HRH Construction LLC
Financing: PB Capital Corporation is providing the construction financing.
Other companies who contributed to the project: The Marketing Directors, Inc. is the marketing and exclusive sales agent
“One unique aspect of this project is Solaria’s rooftop observatory,” says Joseph Korff, president of Arc Development LLC. “Situated just away from the city lights, our family friendly building is in the ideal position for stargazing. Solaria offers residents a living experience at a value that comparable buildings in Manhattan, Brooklyn and Queens cannot offer. It offers the charm and scenic beauty of Riverdale’s upscale neighborhood and a close proximity to Manhattan. Solaria’s concept is to offer the best of all worlds: high-end finishes and amenities, suburban-level home size, multiple expansive luxury baths, floor-to-ceiling glass windows, high ceilings, and an abundance of light in each home. We also designed the building specifically with families in mind, which led to the larger residences, more bathrooms, thicker walls to block sound, an indoor-outdoor playroom and the observatory.”
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