A Look At The Hottest New Developments Set To Launch This Spring
The New York City real estate market has seen record-breaking activity so far in 2021. Corcoran Sunshine, one of the city’s top new development sales and marketing firms, just released stats that May 8-14 officially marked the strongest week for signed contracts of any week in Manhattan since May 2007.
Below is a roundup of some of NYC’s most exciting and successful launches this year with information outlining the various building details, amenities and pricing.
450 Warren
Address: 450 Warren Street, Gowanus, Brooklyn
Developer and architect: The team is all Brooklyn-based, with developers TANKHOUSE and architecture firm SO - IL, in their first multi-family building in New York City.
Number of units/unit mix: 18 total - 2-bedrooms and 3-bedrooms, including penthouses
Pricing: TBD
Building: 450 Warren offers a completely new way to live in Brooklyn, with striking architecture featuring a central courtyard and entrances to each residence directly from the outside through a separate foyer vestibule outside the residence.
Amenities: 450 Warren will feature extensive communal and private outdoor space, a gym, lounge and work space, dog grooming stations, and parking available for residents. The building will also include multiple retail spaces of over 4,000 square feet on the ground floor.
Most specific estimation of sales/leasing launch: Sales anticipated to begin in June 2021
Sales team: The Corcoran Group’s Behzad Amiri
2505 Broadway
Credit: MOSO Studio
There’s a rush of new development taking place in the UWS and this building is responding to that with floor plans that speak to a wide range of buyers (i.e. not just families) and an architectural design that is respectful of the neighborhood but still has a forward approach
Address: 2505 Broadway
Developer and architect: Adam America Real Estate / ODA
Number of units/unit mix: 44 one-to-four bedroom residences, which includes two duplex residences and a penthouse
Pricing: Current availability ranges from $1.5 million for a one bedroom to $5.9 million for a four bedroom
Amenities: An elevated amenity package, includes a well-appointed fitness center, a children’s playroom, sports court, pet spa, library lounge, and a number of private outdoor spaces.
Most specific estimation of sales/leasing launch: May 2021
Sales team: Douglas Elliman Development Marketing with Ariel Tirosh overseeing sales
Solaire
Address: The Solaire - 20 River Terrace, New York, NY 10282
Developer and architect: Albanese Organization, Inc. / Exterior architect Pelli Clarke Pelli Architects & SLCE Architects, with interiors by Award-Winning COOKFOX Architects, in the nation’s first LEED Certified residential high-rise.
Number of units/unit mix: Studio to 3BRs
Pricing: starting from approximately $800,000
Amenities: Full-time Doorman, Live-in Resident Manager, Light-filled fitness center with private training studio, Children’s playroom, Residents’ lounge, with chef’s kitchen and dining area, Game Room, Landscaped roof terrace with sundeck, lounge area, barbeque and dining area, and Bicycle storage. Onsite Parking and Private storage is available at an additional cost.
Most specific estimation of sales/leasing launch: Spring 2021
Sales team: Corcoran Sunshine Marketing Group
The Mill
Address: 10 Glenville Road, Greenwich, CT
Developer and architect: The Mill Owner’s Company / Granoff Architects
Building: Bisecting the Byram River with an idyllic waterfall, The Mill is a truly historical landmark that has been changing and adapting in Greenwich for over 200 years. The two largest buildings, the 1881 Building and 1981 Building, are being rebuilt from the inside out as 59 new luxury rental apartments, transformed to become a unique residential enclave within a walkable village atmosphere, worthy of a property with such a legacy as one of Greenwich’s most notable landmarks.
Number of units/unit mix: 59 luxury rental residences in a unique residential enclave within one of Greenwich’s most notable landmarks.
Pricing: Approximately $2500 - $11,000/month
Amenities: Amenities at The Mill include spacious gyms in each building, a large resident lounge and entertaining terrace overlooking the waterfall, outdoor grill and lounge venue, exceptional resident storage, bicycle storage, and package reception. A concierge service attended by LIVunLTD, located in the 1981 building, will offer a full-service planning and reservation atelier for residents. Though the area is easily walkable, cars are easily accommodated, with covered garage parking with capacity for more than two vehicles per unit, and electric vehicle chargers in the garages that support an environmentally-conscious lifestyle.
Most specific estimation of sales/leasing launch: May 2021
Olympia
Address: 30 Front Street, DUMBO, Brooklyn
Developer and architect: Developer Fortis Property Group / Architect Hill West
Number of units/unit mix: 76 residences, including penthouses
Pricing: TBD
Building: Created by careful hands and thoughtful minds, Olympia is a modern interpretation of its surroundings. Rising tall from the heart of historic DUMBO, Olympia offers open and expansive views of the sun-drenched Harbor and lower Manhattan skyline from the highest crest in the neighborhood. Thoughtful exteriors by Hill West Architects and interiors by Workstead all reflect a sense of scale and rhythm, and a palette of colors and materials that is grounded in the maritime and industrial inheritance of DUMBO’s waterfront. Design that reimagines luxury as artisanship and craftsmanship that you can see, touch, and feel. With 76 hand-crafted homes, Olympia is a dynamic and vibrant new community all its own.
Amenities: There will be over 38,000 sq ft of indoor and outdoor amenities.
Most specific estimation of sales/leasing launch: Sales anticipated to begin in summer 2021
Sales team: The Eklund | Gomes Team at Douglas Elliman, and Karen Heyman of Sotheby’s International Realty.
Era
Address: 251 W 91st Street (Corner of 91st Street and Broadway in the Upper West Side)
Number of units: 57
Pricing: $1.625 Million - $11.25 Million
Developer: Adam America Real Estate and Northlink Capital
Architect: ODA
Amenities: Rooftop pool, 24-hour concierge, fitness center and yoga studio, lounge, children’s playroom, youth room for gaming, music room, bike room, pet grooming station, and private storage units for purchase. Slated to be the only open-air rooftop pool on the Upper West Side. The rooftop will also feature recreational and lounge areas.
Sales & Marketing: Reuveni Real Estate
Sales Launch: Sales are anticipated to launch spring 2021.
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