New Year, New Real Estate Outlook

If 2021 was a crazy year, 2022 was downright schizophrenic.  We started the year at an unprecedented rate – each well-priced and properly-positioned property garnered market interest and enthusiasm and contracts were signed as quickly as they could be written. Third quarter brought the juxtaposition of real estate headlines warning of instability, a looming recession and increasing interest rates. Through it all, demand met limited supply, albeit at a slowing pace.  

Buyers are adjusting to the new norm of interest rates by seeking creative financing options and value in their purchases. Sellers are beginning to adjust as well with pricing that is more in-line with buyer expectations. 

Looking ahead to 2023, I anticipate continued stabilization to emerge from this transitional time.  I offer the following tips for buyers and sellers. 

Buyers

• Get excited! Nearly every listing still on the market is owned by a real seller; there are great deals to be had.  

• Start now and see properties and even make offers.  There is far less competition and many buyers still waiting on the sideline.  

Sellers

• Price your property to the market, and you'll get interest and offers. There is less uncertainty than there was a few months ago.  

• Buyers' excitement is directly correlated to their comfort with mortgage rates.  With a rate environment that appears to be softening right now -- and low levels of inventory -- buyers seems to be adjusting.  Therefore, there's no point in waiting for housing prices to recover to 2021 pricing.  Take advantage of buyer interest now.  

• Pay close attention to rate drops -- and stock market upward moves -- as a cue to "catch the wave" of buyers.  Go to market on the heels of one, or both, and you'll see more buyer interest.

Scott Harris

Scott Harris is a top-producing residential real estate agent with Brown Harris Stevens who can claim transactions totaling more than $1 billion to his credit.

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Top Hamptons Broker, Kieran M. Brew, Joins the SERHANT. Hamptons Division

Kieran M. Brew

Adding to its team at SERHANT. House Hamptons in Water Mill, the brokerage is proud to announce that Kieran M. Brew, a local, top-producing broker with over $60M in sales and rentals in each of the past several years and more than 15 years of experience has officially joined the SERHANT. Hamptons division. He joins the multidimensional real estate and media company after most recently serving at Saunders & Associates for over six years.

“The real estate business has entered a new era. It is fluid and fast moving; conditions change on a dime. And keeping on top of market conditions requires constant data analysis and wide-ranging market research,” Brew said in a statement. “This is where SERHANT. comes in. I was highly impressed with its well-developed solutions to match every need. It’s a natural fit for me and I expect it’s going to be a lot of fun to help develop this innovative luxury brand even more in the Hamptons.”

Founder and CEO of the brokerage, Ryan Serhant adds, “We are excited to have Kieran join SERHANT. as we continue to grow our footprint out East. As a proven Hamptons and luxury market expert and a trusted advisor in the luxury sector, we are proud to have him aboard.”

This summer, Ryan Serhant’s eponymous real estate brokerage established a bigger presence in the Hamptons with the opening of its Hamptons office location, known as SERHANT. House Hamptons, in Water Mill. SERHANT. brings its Signature division to the Hamptons, which specializes in serving high net worth clients and focuses on properties priced over $10 million with “premium white-glove services, bespoke marketing initiatives and a team of property experts that work exclusively in the high-end luxury market,” the brokerage says.

Brew grew up riding bikes and horses through the backyards, fields and woods out East. He's a volunteer firefighter, a little league coach, and supports many local causes. A solidified Long Islander, he lives in Amagansett and vacations in Montauk. Brew is so ingrained in the Hamptons community, he is the host of the podcast, Brew’s Cafe. Brew notes that the podcast gives him a chance to connect with people and hear about their lives. He’s had the opportunity to interview guests ranging from the East Hampton Chief of Police, to the Superintendent of Schools, the owner/editor of The East Hampton Star, to many others. This venture is also embedded in his career in real estate.

Brew adds, “One of the aspects that I truly cherish is listening to buyer’s stories. People’s homes, even their second and third homes, are not only among their most valuable assets, but their most personal belongings. It becomes not just a pleasure to work with someone selling a summer home where they’ve raised generations, but a privilege. Homeowners bring us into their lives in ways that few other professionals get to appreciate. It’s important that we don’t take that for granted and maintaining these relationships after the sale has closed is an advantage that cannot be overstated.”

SERHANT. is growing its presence not just in the Hamptons, but across Long Island with the Michael Sadis Team and the Rachel King Team.

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NYC Condos Perfect for Holiday Entertaining

For those who love to entertain during the holidays, below are four New York City properties on the market that offer the perfect kitchens and dining spaces for hosting festive gatherings with family and friends.

Residence 6A – The Westly

Available for immediate occupancy, residence 6A at The Westly features a gorgeous pre-war-style layout that dazzles in southern and eastern light. Wide plank oak floors provide a warm, organic palette for any design style, and oversized windows possess beautiful city views and polished bronze accents. The residence features an open-concept living room with a wet bar and ice maker, dining room, and kitchen with dual exposure. The kitchen is adorned with gleaming cremo delicato marble slab countertops, striking singette papyrus mosaic marble backsplashes, sleek Waterworks fixtures, marble-clad oven vents, custom walnut finish Italian cabinetry by Aster Cucine, a Wasteking garbage disposal, and fully-integrated appliances from Gaggenau.

Photo Credit: Donna Dotan

Residence 7A - 2505 Broadway

Available for immediate occupancy, this gracious residence features 9’5" ceilings with herringbone oak flooring throughout create ample proportion with generous light and air. The formal entry foyer opens to an expansive great room and kitchen ideal for both entertaining and daily living, capturing eastern and western exposures. Adjacent to the dining room is a large and lavish custom-designed open kitchen featuring white lacquered cabinetry complimented by Taj Mahal quartzite countertops and backsplash, including an island. The kitchen is fully equipped with state-of-the-art Waterworks Henry fixtures in antique brass. Fully integrated, Gaggenau appliances include 5-burner stainless steel cooktop, refrigerator, freezer, dishwasher, built-in 24-inch microwave, speed oven and Thermador undercounter wine cooler.

Photo Credit: Aaron Thompson

PH2 - Quay Tower

This penthouse at Quay Tower features private high-speed elevator access into the grand entry foyer, generously sized gallery and entertaining spaces, a sperate closed chef-inspired kitchen with seating, a mudroom with custom Italian cabinetry, an audiovisual closet, a secondary residence entry, a full-size vented Whirlpool washer/dryer, pre-wiring for motorized shades, multi-zone heating and cooling, and UV-insulated floor-to-ceiling windows with double exposures. Perfect for entertaining, the private closed kitchen is equipped with a peninsula island and table, white oak cabinetry, leathered-finish White Princess Quartzite countertops, backsplash, and hood surround, smoked bronze custom hardware, an Insinkerator, and a fully integrated Gaggenau appliance package that comes with a rare 5-year warranty.

Photo Credit: Donna Dotan

PH53 - 277 Fifth Avenue

Imagined by Rafael Viñoly Architects and Jeffrey Beers International, the home features airy ceilings nearly 11-ft high, American white oak floors, multi-zone temperature control, key-locked elevator access with a private landing, a side-by-side Bosch washer/dryer, and floor-to-ceiling windows with panoramic river-to-river views. The home begins with a sprawling open-concept living room, dining room, and kitchen with northern and western exposure and dazzling sunset views. The kitchen is adorned with a massive eat-in waterfall island, bold Calacatta Saccheli polished marble slab countertops and backsplash, a wall-mounted pot filler, custom white oak cabinets with recessed satin brushed metal trim, and a suite of high-end integrated Miele appliances.

Photo Credit: Donna Dotan

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150 East 78th Street Total Sellout

Midwood Investment & Development and EJS Group today announced the total sellout for 150 East 78th Street, a new Upper East Side luxury residential development featuring architecture by award-winning firm Robert A.M. Stern Architects and interiors by AD100 interior designer Robert Couturier. One of Manhattan's top agents, Alexa Lambert of Compass Development Marketing Group, exclusively handled sales and marketing. Located on the corner of Lexington Avenue and East 78th Street, the 16-story building features 25 residences and multiple levels of carefully curated amenities. 

150 East 78th Street recently signed a contract for Duplex Penthouse 11B, a five-bedroom and five-bathroom residence, which was listed for $16,950,000. The home was the last available residence in the building, so its sale heralds 150 East 78th Street being 100% sold. In addition, an over $33,000,000 residence just closed, it is a combined unit of the top two penthouse floors of the building. In addition, the popular French patisserie Angelina Paris signed a lease to open a new location, its second in Manhattan, at the base of the building. 

“Midwood Investment & Development and EJS Group are proud to have worked alongside the stellar design team to bring 150 East 78th Street to the Upper East Side and offer truly special homes,” said John Usdan, CEO of Midwood Investment & Development. “Compass Development Marketing Group’s Alexa Lambert drove sales of this stunning development with her experience and market expertise and we are thrilled at the building being completely sold.”

150 East 78th is a thoughtfully designed boutique building by Robert A.M. Stern Architects, known for the architecture of Manhattan’s most successful residential buildings, including 15 Central Park West, 220 Central Park South and 70 Vestry. The building’s stately facade features distinctive handset Indiana limestone, patterned brick, and ornamental metalwork. Inspired by the neighborhood, Robert A.M. Stern Architects designed an exterior steeped in New York City Classicism. The 16-story building's overall aesthetic is refined and distinguished, highlighted by arched windows, limestone pilasters, and rich green metal and glass conservatories. The canopied entrance, located on 78th Street, fits in beautifully with the neighboring townhomes and tree lined streets. 

"Midwood and EJS Group together have made 150 East 78th Street a destination address on the Upper East Side. The project exemplifies world-class design and has resulted in a truly unique boutique residential and commercial offering,” said Ted Segal, Founder & President of EJS Group. 

The building’s timeless architecture is married perfectly to the interiors' prewar sensibility and the Parisian flair of AD100 Hall of Fame designer Robert Couturier. Homes range from three-to-five bedrooms, consisting of half-floor, full-floor, and duplex residences, each with direct elevator access. The homes feature serene and light-filled primary bedrooms, spacious eat-in kitchens designed by Couturier in collaboration with Christopher Peacock, gracious great rooms perfectly suited for entertaining and an abundance of natural light. The penthouses also include custom fireplaces and large terraces, offering multiple exposures of Central Park, the East River, Midtown, and the Upper East Side. 

150 East 78th Street residents enter the building through a stunning hexagonal shaped residential lobby that evokes a grand style through a hand-finished gold leaf ceiling, decorative plaster crown, thoughtful metalwork and antique finishes. The building also features a curated suite of amenities and services. The Parlor features a billiards table and on-suite catering kitchens for private gatherings. The Athletic Club includes a regulation squash court and regulation-height retractable basketball hoop, state-of-the-art fitness center, private training studio, and multi-sport simulator. The rooftop features a landscaped terrace with seating and dining areas, including a firepit and grill. Additional amenities include a children’s art and activity room, a pet bathing station, bike storage, cold storage, commercial washers and dryers and a 24-hour concierge. 

“In addition to the residential sell-out, we’ve seen great success with commercial leases at the building as well with the recent signing of Angelina Paris in the base," said Ron Bondy, EVP of Leasing, Midwood Investment & Development. "Angelina Paris perfectly fits into the fabric of this neighborhood and the building with its elevated store design and celebrated food and beverage offerings."

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Our Favorite Listings For The Week

639 West End Avenue, Apartment #3A

Boasting an array of sleek finishes throughout, this immaculate three bedroom, three bathroom home is a paradigm of contemporary living! Upon entry, the home flows into the luminous, living and dining rooms and the beautiful chef's kitchen features exquisite custom cabinets, ample counter space, and a breakfast bar overlooking the living and dining. The corner primary bedroom is sun-drenched and enjoys lovely arched windows, great closets and an en suite bathroom.

The secondary bedroom is generously sized and can fit a king bed with ample room for a proper sitting area. Tucked behind the mural by Alex Turco in the dining is a custom wet bar with sink, plus floor to ceiling storage for your glassware and serving plates - perfect for entertaining! A secret third bedroom with an en suite bath, behind the wet bar, is perfect for guests. Asking $2,995,000. Represented by Louise Phillips Forbes, Brown Harris Stevens.

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11 Fifth Avenue, Apartment 15G

Photo Credit: Coldwell Banker Warburg

This one-bedroom is the ideal New York apartment, blending convenience, great light, and glam! The unit includes a home office that can easily convert to a second bedroom, a windowed kitchen, and a spa-like bathroom, all in more than 1,000 square feet! The bedroom is situated in a separate wing and includes a custom, queen-size Murphy bed with closet storage and matching cabinets in the attached glamorous dressing room. Alternatively, the bedroom can also fit a king-size bed and additional furniture! 

More features of this thoughtfully curated apartment include overhead lighting and even a small media center that can also be used as a wine room. Further, the windowed kitchen comes with a Subzero refrigerator, cherry cabinets, soapstone countertops, and a small eating bar. The oversized terrace, accessible from the living/dining room, stretches to the home office and kitchen. 

Jeanne Byers & George Case of Coldwell Banker Warburg are the Listing Agents.

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2 Columbus Avenue, Apartment #24A

Rarely do you find this gracious of a layout in a condo. In addition to its 2,110 square feet, this home offers spectacular city views from every room. Perched on the 24th floor with 3 exposures facing North, South and West. Substantial proportions throughout starting with a grand entrance gallery featuring coat closet and powder room. Continue into a formal living room drenched in light with magnificent views overlooking Lincoln Center. High ceilings throughout with oversized windows. Off of the living room is a formal dining room with double exposure facing North and West. Enjoy breathtaking sunsets to the West. Conveniently located off of the dining room is a windowed chef's kitchen with incredible cabinet space and laundry closet with vented washer/dryer. The bedrooms are privately secluded from the living spaces each with an ensuite bath and open views. Asking $3,750,000. Represented by Joanne Greene and Nada Rizk, Brown Harris Stevens.

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1025 Fifth Avenue, Apartment #7AN

Thoughtfully designed by the renowned architect, West Chin, recognized as one of the "Top 50 Designers You Need to Know in Metro NY Design", no detail has been spared in this meticulously renovated home. As you enter this pristine home, you'll be impressed by the oversized living room and dining area which offers an ideal space for a quiet night at home or an evening of gracious entertaining. Facing south over the building's landscaped courtyard, all rooms are basked in an abundance of natural light making this home a cheerful retreat. Apartment 7AN features fumed wide plank oak floors throughout, which seamlessly blend in with the rest of the home's design and brings a level of sophistication and warmth to the space.

The open-plan chef's kitchen is outfitted by Boffi and features sleek marble countertops, stainless-steel appliances by Gaggenau and Miele with custom paneling, and counter seating for bar stools and casual dining. You'll also find a thoughtfully placed separate desk space ideal for all of your work from home needs. Asking $4,250,000. Represented by Matthew Cohen, Brown Harris Stevens.

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Douglas Elliman Development Marketing Commences Sales at The Chatsworth

Douglas Elliman Development Marketing recently announced that the firm has commenced sales as the exclusive sales and marketing agent of certain luxury pre-war units at The Chatsworth. The Chatsworth is a 12-story building located at 344 West 72nd Street on Manhattan’s Upper West Side offering cooperative conversions. Kathy Murray of Douglas Elliman is the Director of Sales for the project. The first phase of sales has begun and includes 10 available units with architectural design and resident interiors by Pembroke & Ives.

“This is truly a special project, and we are excited to be selling these cooperative units,” said Karen Mansour, Executive Vice President of Douglas Elliman Development Marketing. “With our long-standing knowledge, expertise and success on the Upper West Side—and backed by our national and international networks —we look forward to the continued success of the project as we guide the building into the next chapter.”

Courtesy: Evan Joseph

The available residences are comprised of one-to-five-bedroom units spanning approximately 1,042 to 4,038 square feet and feature five-foot-wide white-oak herringbone floors. Kitchens are open to the living areas and have custom millwork in a high-gloss white lacquer, with brushed stainless metal trim and mesh panel accents, and full-height brushed stainless-steel pantry and appliance cabinets and polished pale gray quartzite slab countertops and backsplash. Appliances include Gaggenau refrigerator and freezer, Wolf gas range and oven in most residences, Miele recirculating range hood, speed oven and dishwasher and Bosch washing machine and dryer.

Courtesy: Evan Joseph

The primary bath surfaces are composed of Carrara marble slabs, tile, mosaics and Bardiglio marble accents. All bathrooms feature custom high-gloss lacquer vanity millwork with Bardiglio or Arabescato marble slab countertops, free-standing solid-surface bathtubs in most residences, undermount tubs by Kohler feature Bardiglio marble slab deck, Kohler undermount porcelain sinks and water closet, shower and water closet compartments enclosed with frameless glass doors in most residences and Kallista polished-chrome fixtures and accessories.

Amenities include a 24/7 doorman and concierge, fitness center featuring a private training/yoga studio and changing room, children’s playroom, entertainment suite with a resident’s lounge, game room and screening room, library and business center, bike storage and laundry room. Private storage units are available for purchase.

“Buying at The Chatsworth is an incredible opportunity to own a piece of New York City history,” said Kathy Murray of Douglas Elliman. “This property is the epitome of beaux-arts design, and we anticipate buyers will be especially drawn to this project.”

Situated on West 72nd Street and presiding over Riverside Park and the Hudson River beyond, The Chatsworth is a rare and unique opportunity to live and own in a historic pre-war building with all the modern conveniences of a new development in one of New York City’s most prestigious neighborhoods.

Pricing for Phase One ranges from $1,850,000 to $8,350,000, with penthouses and townhomes being released in a second phase. Sales have commenced this month with immediate occupancy for select residences.

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What $3,200 Gets You in Long Island City

Curious what you can get for $3,200 in Long Island City? This week we follow Youtuber Elena Taber navigate the area and see’s what friends Long Island City Home apartment. What do you think of the apartment

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Inside 111 West 57th Street Full Unveiling with SHoP and William Sofield

JDS Development Group and Property Markets Group today celebrate a major milestone for 111 West 57th Street, by fully unveiling its new interiors, which herald the completion of the monumental ultra-luxury residential development. Award-winning Studio Sofield, led by William Sofield, designed the interior architecture for the history-making development which is comprised of two adjacent structures: the landmarked Steinway Hall, once home to the Steinway & Sons piano company, and the newly constructed 1,428-foot tower designed by SHoP Architects — the second tallest residential building in the Western Hemisphere. Perfectly centered over Central Park, 111 West 57th Street sets a new standard for bespoke luxury living.

There are a total of 60 residences within 111 West 57th Street, 14 in the landmarked Steinway Hall building and 46 full-floor and duplex residences within the 91-story tower, which has redefined the Manhattan skyline with its bold yet slender silhouette. Originally crafted in 1925 by Warren & Wetmore, the famed architecture firm behind New York landmarks such as Grand Central Terminal, Steinway Hall has been comprehensively reimagined to create gracious, light-filled residences and refined amenity spaces that honor the spirit of the original design. As part of the development, the neoclassical building’s ornate historic rotunda and Indiana limestone façade were painstakingly restored in collaboration with the Landmarks Preservation Commission of New York.

“The completion of 111 West 57th Street is a testament to the design and ingenuity that can only be achieved by collaborating with today’s most extraordinary designers, artisans, construction, and sales teams. Every aspect of this development has been meticulously conceived to achieve a delicate balance that pays homage to the classic skyscrapers of Manhattan's past while also setting a new standard for the future,” stated Michael Stern, Founder and CEO of JDS Development Group, a developer and builder of the project. “The interior architecture created by Studio Sofield is nothing short of breathtaking, and we are proud to fully unveil it for the first time.”

“With 111 West 57th Street, I set out to create interior architecture that was unmistakably and quintessentially New York. While celebrating the vibrancy of today, I am a historian by nature and sought to honor and evoke the splendor of our city’s gilded age,” said William Sofield. “One hallmark of my work has always been the Studio’s collaborations with the most renowned artists and artisans of our time. Steinway Hall offered endless possibilities, for my imagination.”

Through the use of subtle detailing, luxurious finishes and superb craftsmanship, Studio Sofield has created something truly spectacular that offers residents understated elegance that is simply not available anywhere else. The interior architecture takes inspiration from the original Warren and Wetmore designed building to create the monumental lobbies and residential interiors and a stunning collection of amenities.

The 82-foot swimming pool is housed within an elegant paneled double height room with full length windows and abundant natural light, Kentia palms, cabanas, and an arched ceiling that altogether evoke the grandeur of a ballroom. The his and hers spa suites were influenced by the European Art Deco style with upholstery inspired by the Duke and Duchess of Windsor. Numerous inhouse service options include a barber shop, hair salon, treatment room, and shoe-shine station. The triple-height fitness center offers state-of-the-art equipment and abundant natural light.

Inside the tower are 46 full-floor and duplex residences with soaring ceiling heights and breathtaking views of Central Park and Manhattan’s skyline. With only one residence per floor, each home is organized around a central entrance gallery with horizon-deep views north and south that leads to a signature Great Hall, which often spans the full width of the tower. Studio Sofield’s perfectly tailored interior architecture accentuates the homes’ impressive ceiling heights, which measure up to 14 feet. Floors are paved in smoke-gray solid oak as well as macauba stone, while 9-foot-tall macassar and lacquer doors are fitted with bronze handles and hinges by the P.E. Guerin, the country’s oldest architectural hardware firm. Bespoke kitchens by Studio Sofield feature custom cabinetry, stepped Crystallo white quartzite countertop and backsplashes, along with top-of-the-line appliances by Gaggenau. Richly veined white onyx covers the walls and floors of the bathrooms, which come with an antique polished metal freestanding tub by William Holland, as well as custom bronze fixtures cast by P.E. Guerin.

“111 West 57th is a skyscraper designed for the future while being historically rooted in New York City in the timelessness of its refined detail and robust form,” said Dana Getman, Principal, SHoP Architects. “The building was conceived of and shaped through light and shadow, as seen in its feathered setbacks and the sun’s reflection in the glazed terracotta curves and textured bronze detailing. Its design is completely unique on the skyline yet immediately recognizable as a part of the city.”

Available residences range in price from $7,750,000 to $66,000,000. The Corcoran Group is the exclusive sales and marketing representative for 111 West 57th Street.

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Our Favorite Listings For The Week

120 East 29th Street

This is a truly rare maisonette at the crossroads of NoMad, Kips Bay, and Midtown East in Manhattan and there simply aren’t homes like 120 East 29th St on the market in the area—especially not with this much outdoor space.

Selling at approximately $12 million, the property spans 4,800 SF across 6 bedrooms and 4.5 baths. It also includes a 2,500-SF outdoor oasis, where homeowners can truly experience indoor-outdoor living that even most high-net-worth New Yorkers would envy. This dual-level backyard has a large dining space, landscape speakers, and an outdoor kitchen equipped with infrared chef’s BBQ perfect for entertaining. Additionally, the features of the 25-foot water wall, raised wood slat pergola, Brazilian hardwood fencing, and manicured grass create a tranquil environment amidst the buzzing city.

Robert Dankner of Prime Manhattan Residential is the listing agent.

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15 Central Park West, Unit 36D

The New York City home of the late political cartoonist Ranan Lurie and his wife Tamar Lurie at 15 Central Park West, Unit 36D is now for sale with The Jane Advisory Team of Compass. Ranan, who Guinness World Records named the most syndicated cartoonist in the 1980s, brought his artistic genius to the luxury three-bedroom and three-and-a-half-bathroom condo. 

Ranan transformed the apartment's east wing interior walls with glass panels. The imaginative endeavor created the feeling that you're walking into Central Park from the sky, making it the only unit in the building's coveted D-line with panoramic park views. He also reshaped what was a hallway into a gallery space, creating a blank canvas of art and light—a testament to his creative genius. 

The elegance of Unit 36D spreads across 3,173 square feet with 11' ceilings, crown moldings, and colonnades in a perfect marriage of old warm charm and modern sophistication. The home also offers awe-inspiring views from the gallery, study, great room, dining room, and kitchen.

The couple's daughter, Danielle Lurie of Compass, is the lead listing agent. 

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533 Leonard Street #PHB

Classic architecture meets modern luxury in Greenpoint Brooklyn, 533 Leonard Penthouse B. The building’s preserved architectural details from the 1880’s offset the luxe interiors of this floor-though 2 Bed / 2 Bath home. The generous layout offers 1,356 sqft of interior space with an additional 898 sqft of private outdoor space. Enjoy your time indoors or watch the seasons change from one of two large terraces or the communal roof deck with sweeping Manhattan views. The Austrian floor-to-ceiling triple-pane windows will keep the apartment bright and quiet all year round.

You’ll find floor to ceiling windows and walnut hydronic radiant heated flooring throughout the home as well as tasteful modern features and amenities. The kitchen is equipped with custom Italian Miton cabinets, a Carrera marble countertop and backsplash, a Blanco Culina faucet, and a state-of-the-art Miele appliance package. The bathrooms feature a custom Miton vanity, Duravit bathtub and toilet, Aquabrass faucet, bath, & shower fixtures, and beautiful Marmo Bianco tile work. Additional features include central air, a smartphone video intercom, and a Bosch washer & dryer.

Jessica Peters of Douglas Elliman is the Listing Agent.

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111 West 82nd Street

Sophistication and elegance abound in this 3 bedroom 3 bathroom duplex located on a tree-lined street in the heart of the Upper West Side. Recently gut-renovated, you will find that there was no lack of attention to detail featuring high-end finishes throughout the home. A large loft-like and sun-drenched living/dining room warmly welcomes you in with three oversized bay windows revealing tree-top views, complete with cushioned window seats that provide additional storage. The large primary bedroom is a luxurious escape with windows that overlook landscaped gardens. Partnered is an en-suite Italian Carrera marble spa-like bathroom right next to the TransFORM-designed custom boutique-like walk-in closet. Asking $3,545,000. Represented by Louise Phillips Forbes, Brown Harris Stevens.

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Inside a a COLORFUL $5200 Manhattan NYC Apartment

Today we dive into Jess Stempel's NYC apartment filled with endless amounts of her beautiful art. This is an artist's dream apartment! In the heart of Manhattan's Financial District, Jess' brightly colored home is one you need to take inspiration from! Even her view of the New York Harbor is stunning.

Related's 450 Washington Launches Sales on the Hudson River Waterfront in Tribeca

Related today launched sales at 450 Washington, offering 176 residences on the Hudson River waterfront in Tribeca. Featuring a renowned design team including exterior and interior architecture by Roger Ferris + Partners, luxurious furnishings in building amenity and common spaces by MAWD and landscape architecture by Hollander Design, 450 Washington offers a new vision of modern living in Tribeca within a stunning redevelopment of a full city block. 

“Related’s commitment to creating incredible residential experiences in the most coveted locations has been a point of pride for many years,” said Robert Bernstein, Senior Vice President at Related. “Joining its next-door neighbors 456 Washington and 70 Vestry, 450 Washington will offer buyers a rare opportunity to own a modern home with protected waterfront views in Tribeca, while having access to the service, lifestyle, and amenities that only Related is known for.”

CONTEMPORARY RESIDENCES WITH A SOPHISTICATED PRESENCE photo credit ColinMiller

450 Washington is the latest residential project in New York City designed by Roger Ferris + Partners, the world-renowned architects behind some of the most significant modern residences in the United States. Roger Ferris + Partners designed both the exterior, featuring a new French limestone plastered façade and oversized bronze-framed picture and casement windows, as well as the interior, a complete reconstruction with contemporary layouts and sophisticated residential interiors. 

“Our design strategy was to expand all the views in an effort to open up vistas, in all directions, towards this incredible waterfront amenity,” said Roger Ferris, Founding Principal of Roger Ferris + Partners.

All residences at 450 Washington feature kitchens with a top-of-the-line Miele appliance package, custom cabinetry in a white lacquer finish, and opalescent Brazilian Naica Quartzite countertops and backsplashes. Primary bathrooms showcase Honed Calacatta Lincoln marble floors and surfaces, custom vanities with European White Oak cabinetry, and rain showers and Zuma bathtubs in select residences. All residences feature brand new windows with high-performance glazing, 7” wide European White Oak advanced flooring in a natural stain throughout, NEST Smart thermostats, shade pockets at each window to accommodate custom shades, and Samsung in-unit washer & dryers.

AN UNFORGETTABLE ENTRANCE photo credit ColinMiller

Entering from Tribeca’s historic cobblestone streets, residents arrive at 450 Washington through a gated entryway into a private courtyard designed by world-renowned landscape architect Hollander Design in collaboration with Roger Ferris + Partners. The nearly 8,000 square-foot garden features lush plantings and a covered walkway path leading to the grand lobby with custom furnishings and lighting by MAWD, where residents are welcomed by a 24-hour doorman.

“From its quietly serene courtyard to its verdant roof deck designed for living, working and play, the landscape at 450 Washington welcomes you home to the best moments of contemporary living,” said Stephen Eich, Urban Studio Director, Hollander Design

COMPREHENSIVE SUITE OF AMENITIES AND SERVICES photo credit: ColinMiller

450 Washington features a comprehensive suite of curated interior and exterior amenities, elegantly furnished by MAWD.  Entertaining amenities include a landscaped 12th floor roof terrace with panoramic views of the Hudson River, and featuring a sundeck, lounge seating and multiple grilling areas, a residents’ lounge with fireplace, and a private dining room with adjacent catering pantry and seating for 14. Health and wellness- amenities include a fitness suite with cardio and weight training equipment by The Wright Fit and a golf simulator lounge with multi-sport capabilities. Residents will be able to work remotely in a business center with two meeting rooms, available for on-demand or private use by reservation. Residents will also have access to a children’s playroom, and an on-site parking with direct elevator access from lower level and private storage for an additional fee. 

“Capturing the intrigue of Manhattan’s most coveted downtown neighborhood, our concept for 450 Washington was to bring the warmth, artistry, and heritage of Tribeca’s cultural hold into this waterfront project, crafting an unparalleled modern experience,” said Elliot March, MAWD Co-Founder  

All amenities are complemented by expert lifestyle programming by RELATED Life, designed to cultivate community and a distinguished lifestyle at the highest standards by leveraging RELATED’s expertise, affiliated brands, and partners.

Tribeca is one of Manhattan’s most beloved areas, unique in its proximity to green space and Hudson River Park, as well as its walkability to some of the city’s best restaurants, shopping, and cultural touchstones. 450 Washington is located within a particularly favored enclave, bookended by two successful buildings also developed by Related; 456 Washington Street, a luxury rental property, and Robert A.M. Stern’s 70 Vestry, one of the most successful condominium projects in the history of Downtown Manhattan.

Corcoran Sunshine Marketing Group is exclusively handling the marketing and sales at 450 Washington. For an onsite tour of the model residences, contact 212-570-4500. Residences range from open plan studios to four-bedrooms, priced from approximately $1 million to $12 million.  For more information, please visit 450washington.com and follow the Instagram @450washingtonnyc for project updates.

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These Amazing NYC Penthouses You Can Move into Right Now — For only $35 Million

New York City's luxury real estate market is known for show-stopping homes with hefty price tags. Below are three spectacular on-the-market penthouses that take living in Manhattan to new heights (literally!). I thought you might be interested in a round-up of one-of-a-kind spaces.

All three of these unbelievable penthouses give you the best NYC views and lifestyle — with floor-to-ceiling windows showing off the iconic skyline from every angle and amenities that give you everything you need without even leaving home. Plus: they're all on the market right now with closings underway, so you can drop everything and move in immediately.

Penthouse Viewing Central Park — $23 Million

A birds-eye view of Central Park, a white spiral staircase and a seamless indoor-outdoor lifestyle are the elements that make Penthouse 34 the prime listing at 200 East 59th Street, the sister building of 432 Park Avenue, one of the tallest (and most successful) residential towers in the Western Hemisphere. The penthouse shines for its soaring 14-foot ceilings and incredible floor-to-ceiling windows that place residents high above the intersection of the vibrant Upper East Side and Midtown East neighborhoods. The grand spaces are made all the more unique by their column-free interiors, an engineering feat accomplished by architecture firm CetraRuddy by pushing the interior support structures out to the exterior. The columns now proudly epitomize the building’s crisp, ultra-modern architecture and give it its iconic Manhattan-meets-Miami look. This particular listing also has massive private outdoor space, with a wraparound terrace as well as a covered rooftop deck offering plenty of room for a summertime lounge overlooking Central Park.

Photo courtesy of 200 East 59th Street.

Penthouse Among the Clouds and Celebrities — $27 Million

An iconic residential development in NYC, Waterline Square is more than 95% sold and this is the last opportunity to own a penthouse this impressive community that has housed celebs like Tom Holland and Zendaya and was the filming location for hit shows like And Just Like That... and Billions. Located in One Waterline Square, the stunning full-floor penthouse spans over 6,500 square feet and houses five beds and 6.5 baths. Sweeping views of Manhattan landmarks from the Empire State Building to Freedom Tower can be enjoyed through expansive floor-to-ceiling windows, as well as from a private terrace, complete with an outdoor kitchen and fireplace—perfect for entertaining. Rounding out the elegant residence is a truly spectacular amenities package unlike anything offered in NYC, which includes a tennis court, indoor gardening studio, recording studio, basketball court and skate park.

Tallest Penthouse on the Upper East Side — $33 Million

Fans of the Upper East Side will swoon over this one-of-a-kind triplex penthouse at the crown of 180 East 88th Street, the striking Carnegie Hill tower developed and designed by Joe McMillan's DDG. Currently on the market for $33 million, this amazing penthouse spans 5,508 square feet with an additional 3,500 square feet of private terrace space across all levels, including an expansive rooftop terrace overlooking Central Park at an elevation of 467 feet — the highest elevation on the UES. The home features panoramic views in all directions, two living room spaces — including one with a gas fireplace and wet-bar — a large dining area, eat-in kitchen, five bedrooms plus den, four full and two half baths, and an eye-catching sculptural spiral staircase leading to the upper-floor bedrooms and third-level roof terrace. The penthouse has been staged by IMG and can be purchased fully furnished.

Photo courtesy of Sean Hemmerle.

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First Look At The Luxurious The Perigon Miami Beach

Annabella Pardo

Perfectly positioned on 200 linear feet of pristine oceanfront, The Perigon, a diamond-shaped building designed by international architecture firm OMA, has released a first look at its hotel-style amenities private to owners, offering an unprecedented level of service and experiences in Miami Beach. Blurring the line between condominium and resort, the inspiring spaces were thoughtfully designed by Tara Bernerd, one of the most sought-after hospitality designers in the world, to deliver a palatial lifestyle evocative of a five-star hotel. Bernerd leveraged her decades of experience designing iconic properties from Belgravia to Vienna to create over 20,000 square feet of amenities that provide both exclusivity and an idyllic setting for connection and socializing.

Photo via @theperigonmiamibeach

“When we first launched The Perigon, our buyers were struck by the tower’s remarkable design that is seemingly afloat above lush gardens,” said Camilo Miguel, Jr., CEO of Mast Capital. “The architecture’s slender columns, soaring lines and wraparound terraces maximize the indoor-outdoor experience, and we had a clear vision to use this additional space to bring resort amenities and experiences into the condominium setting. With reservations successfully converted to contracts, and incredible demand for the limited remaining inventory, we’re proud to reveal how The Perigon’s amenities are as impressive as the residences themselves, and a true extension of one’s home. The amenity collection will cultivate a community for private owners to enjoy this enriched everyday lifestyle together; with every need being met by a team of butlers and expert concierges ready to make any request a reality.”

For the design of The Perigon’s amenities, Bernerd looked to the building’s masterful architecture. Residents arrive through a grand yet inviting lobby featuring honed white travertine flooring in a diamond pattern, a nod to the building’s distinctive shape, and finished in an Italian stone trim to connect to Miami’s natural textures. Warm, organic and bright, the interiors evoke the same sophistication as the European Riviera, a design choice inspired by the many seaside travels of The Perigon’s future residents.

Photo via @theperigonmiamibeach

“We envisaged the residents at The Perigon to be well travelled, design-savvy and highly cultured,” said Tara Bernerd. “We have created interiors that speak to the architecture of the building, with a conversation between interior and exterior design, that would appeal to this individual and their penchant for an international design sophistication. The amenity collection epitomizes this ethos, with finishes and furnishings chosen to evoke a refined relaxation, so that it truly is a destination in and of itself. 

The amenities in this initial reveal are located on two levels and include a highly anticipated spa, featuring a mixture of materials and fabrics selected both for their authenticity to the area and their connection to sought-after natural environments.  A billiards room was designed by Bernerd as a refreshing, mature approach to a game room. The warmly lit space is located just off the lobby and features a floor-to-ceiling glass interior wall to invite participation and spectatorship. The building’s signature diamond pattern is repeated here via its clever wood flooring. The sunrise lounge and hospitality kitchen stay consistent with the building’s soft and natural color palette, with light wood paneling and a dramatic stone bar for entertaining and private events.

Photo via @theperigonmiamibeach

An awe-inspiring indoor-outdoor conservatory doubling as a breakfast lounge and terrace stands apart as one of the most hotel-like amenities at The Perigon. Residents will start their days in the serene, dedicated space, where a barista will be available upon request to serve hot or iced coffee to a resident’s liking. The staff at The Perigon will always ensure that every owner’s ideal daily morning routine, from reading the local paper to enjoying sunny-side-up eggs, will be realized.

“The conservatory on the north side of The Perigon will be a dreamy, light-filled space encased in glass with lush garden views,” Bernerd said. “We were influenced by the notion of a shared breakfast area, which is an amenity you rarely see in condominiums, incorporating a wood floor inlaid with diamond-shaped white travertine inserts, as a contemporary take on iconic country house floors.”

Photo via @theperigonmiamibeach

The wine room and garden on the building’s south side is another unique space inspired by serenity, with views overlooking the property’s waterfall garden. The space will keep nearly 450 bottles of the most refined wine selections in stock and will offer storage services to residents with their own prized collections. A top sommelier will be on hand to host private tastings both at the bar and in the garden, while a celebrated chef will design a variety of pairing menus depending on the season. Bernerd continued, “We envisioned a room where the world’s finest wines will be enjoyed and stored and designed interiors that evoke this level of exclusivity.”

The Perigon features an expansive collection of amenities in addition to the spaces newly revealed. This includes a resident-only oceanfront restaurant, speakeasy bar, oceanfront swimming pool, poolside cabanas and sunbeds, a terraced fitness center with ocean views, children’s playroom, private salon and a screening room.

Photo via @theperigonmiamibeach

Starting at $4.15 million, The Perigon offers 72 two- to four-bedroom condominiums ranging from 2,100 to 6,700 square feet, with eight private guest suites offered to residents only. The project is expected to break ground in early 2023.

The Perigon is a joint venture between Mast Capital, one of South Florida’s most active real estate development and investment firms, and Starwood Capital Group, a leading global private investment firm. Sales and marketing are exclusively handled by Douglas Elliman Development Marketing. For more information on The Perigon or to schedule a private preview, please visit www.theperigonmiamibeach.com, call 305-390-5333, or email info@theperigonmiamibeach.com.

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Douglas Elliman Development Marketing Commences Sales at 277 Fifth Ave NoMad

Douglas Elliman Development Marketing, a division of Douglas Elliman Realty, announced today that it has commenced sales as the exclusive sales and marketing agent for 22 of the remaining luxury units at 277 Fifth Ave NoMad. The successor sponsor is Shokai, with architectural design by famed starchitect Rafael Viñoly and interiors by Jeffrey Beers International. 277 Fifth Ave is a 55-story modern, glass and steel building located in the very heart of Manhattan’s NoMad neighborhood. Julia Jiang Hawkins and Charles Hawkins of The Julia Jiang & Charles Hawkins Team at Douglas Elliman and Fredrik Eklund & John Gomes of The Eklund | Gomes Team at Douglas Elliman are handling the exclusive sales.

Julia Jiang Hawkins & Fredrik Eklund

“We look forward to working with Shokai on the next phase of 277 Fifth Ave NoMad,” said Susan de França, President & CEO, Douglas Elliman Development Marketing. “Backed by our unprecedented national and international networks, we are confident that our entire team will guide this iconic building to a successful sellout.” 

“I am very proud to be part of this project, which is the tallest residential building on Fifth Avenue with some of the best views of New York City from what is arguably the best location in Manhattan,” said Julia Jiang, who represented the buyer for the very first condo sale in the development back in 2017. Julia proceeded to sell eight other homes in the building as well as multiple rentals, setting price per square foot sales records for the development. When awarded the project by the Successor Sponsor Shokai, Julia Jiang and Charles Hawkins enlisted the star-power Eklund | Gomes team for the backing to successful sell out. “This is an incredible opportunity to own a piece of New York City on the famed Fifth Avenue,” added Charles Hawkins.

“I am thrilled to be part of this project, which is the tallest residential building on Fifth Avenue with some of the best views of New York City from what is arguably the best location in Manhattan,” said Fredrik Eklund of Douglas Elliman. “277 Fifth Ave NoMad is the pinnacle of luxury, and it will be an honor to work on such a successful and well-received project,” added John Gomes of Douglas Elliman.

From left to right. Alfred Renna, Joan Huang, Cindy Dai, Julia Jiang Hawkins, Fredrik Eklund, Ryan Zou, Charles Hawkins, John Gomes and Scott Durkin Photo Courtesy: LPG

The residences comprise one- to three-bedroom homes spanning 828 to 2,333 square feet, with two loggia units featuring 206 square feet of outdoor space. All residences include five-and-a-half-foot-wide American white oak flooring and expansive views. Kitchens feature light-stained white oak cabinetry with recessed satin-brushed-metal accent trims throughout the counters and islands; upper cabinet doors with either metal-trimmed, white back-painted glass or light-stained white oak; Calacatta Saccheli polished marble slab countertops; backsplashes with integrated cooktop niches; and island countertops with waterfall edges, all in a polished finish. The stainless-steel sinks are Undermount Blanco with Dornbracht swivel spout faucets and pull-down spray in a polished chrome finish, and the Loggia Residences have cold water pot fillers on the cooktops. The appliances are fully integrated stainless-steel finish Miele, including a refrigerator and freezer, wine cooler, gas cooktop with sealed burners and retractable ventilation hood above, 30” convection hood above, 30” convection oven, 24” speed oven and full size 24” dishwasher.

The primary bathrooms feature Bianco Dolomiti marble flooring in a honed finish; San Nicola marble tile walls in a honed finish; custom walnut vanity with Bianco Dolomoti marble slab countertop with waterfall sides and backsplash in a polished finish; custom metal frame medicine cabinet with integrated lighting; Kaldewei Puro Duo steel enamel tub with Bianco Dolomiti marble slab tub deck and apron in a polished finish; Dornbracht tub deck control with pull-out hand shower; and waterfall tub spout in a polished chrome finish. There are all-glass showers with San Nicola stone walls and integrated wall niche shelf in a honed finish; Bianco Dolomiti mosaic tiles on shower floor with integrated “infinity-edge” drain; Dornbracht wall-mounted rain showers and wall mounted hand shower in a polished chrome finish; and Duravit water closets and heated floors.

There are over 7,000 square feet of amenities, including a curated lobby library with a double-height bookcase wall, entertaining suite with separate bar and kitchen pantry, private dining room, dramatic circular stair connecting leisure and entertaining areas to the Fifth Avenue terrace and the fitness club with separate training/yoga studio, as well as men’s and women’s spa with steam/sauna rooms and a kids’ club and games lounge with ping pong table. Conveniences include private storage/bike storage, pet priority program, dry cleaning program and vehicle concierge.

Located in one of the city’s most sought-after neighborhoods, 277 Fifth Ave NoMad is situated at the crossroads of Manhattan’s East and West Sides, Uptown and Downtown.

Pricing ranges from $1,875,000 to over $10 million with immediate occupancy.

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Our Favorite Listing For The Week: Showstopper Penthouse Offering Space, Light

Looking for a new place to live or just curious about what's on the market? Check out our favorite homes you should make an appointment for this week. 

Have a listing you think should be featured? Submit your open house or contact us to tell us more! And be sure to view our new Listings Calendar

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440 E 57th St | $4,500,000

A striking penthouse at 440 E 57th St in the Sutton Place area of New York City is now for sale for $4.5 million with Compass, the real estate technology company that joined the Fortune 500 list this year after revolutionizing the industry with innovative digital tools and unique services.

The spacious abode has many distinguishing features, but perhaps none is more stately than a rare 432-bottle wine wall designed by "Joseph & Curtis Custom Wine Cellars."

The home spreads across 3,500 square feet of welcoming indoor space with an awe-inspiring 200-square-foot terrace. This top-floor penthouse offers iconic views from all four cardinal points.

According to the listing page, it is currently configured as a four-bedroom abode with an elegant library that can easily be transformed into a fifth bedroom.

This airy penthouse is the perfect destination for entertaining.

All to say that this home is a wine lover's dream come true.

The eastern exposed living room is adorned with a gas fireplace in the center and a brilliantly positioned roll-top painting cloaking the television out of sight. Next, the good times roll over to the kitchen. Marvelous and recently renovated, it is dressed with Calcatta Marable and packed with best-in-class appliances. A grand dining room can easily accommodate a dozen guests when dinner is served.

The tasting continues in liquid form. Undoubtedly, the standout feature is the 432 bottom designer wine wall, which embodies the quality and standards of the most prestigious restaurants.

Pamela Marcus of Compass, who is marketing the listing, noted the fabulousness of the home's unique qualities. "It is a penthouse in mint condition with a fabulous refrigerated wine wall holding about 500 bottles/magnums. I have had a wine closet in a listing but never a wine wall."

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