Closings Have Begun at 585 10th Street

Closings have officially begun at 585 10th Street, the three-unit boutique brownstone condominium in Historic Park Slope, that came to market in March 2019. All residences are in contract and the first to officially close is unit 3, which sold for $2,350,000. 

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Unit 585 10th Street, 3 offers three bedrooms, three full bathrooms and three exclusive outdoor spaces with breathtaking views of Lady Liberty, lower Manhattan and the Downtown Brooklyn skylines. Additionally, there are top of the line appliances which include Leibherr Refrigerators with Freezer Drawers, Bertazzoni Ranges and exterior venting hoods, Sharp Microwave Drawers, and Bosch Dishwashers. The Kitchens are completed with Marble countertops, backsplash and white shaker Scavollini Cabinetry.

Bathrooms include Kohler fixtures ceramic and Carrera tile, Pietro Cardosa countertops and Carattere Cabinetry. Residence three offers 2 generously proportioned bedrooms, soaring ceilings throughout, a multipurpose recreation room with radiant heated floors and a show stopping private backyard oasis equipped with a water source.

Marketing and sales of the building are being handled by Nadia Bartolucci and Rachel Altschuler of the Altschuler Bartolucci Team at Douglas Elliman.

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Central Park Tower Unveils World's Highest Private Residential Club

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Central Park Tower, the tallest residential building in the world at 1,550 feet, is announcing that it will be home to the world’s highest private club in a residential building. The developer is Extell Development Company, which pioneered the development of ultra-luxury condominiums along Billionaire’s Row with One57, and is once again redefining luxury living with Central Park Tower's 100th Floor. 

Located over 1,000 in the air, the 100th Floor at Central Park Tower is the heart of Central Park Club, an exclusive offering of approximately 50,000 square feet of thoughtfully curated luxury services and amenities across three floors. The meticulously crafted 100th floor spans over 8,300 square feet and includes a private ballroom, dining room, bar, full-service kitchen, and wine and cigar lounges—all with incomparable Central Park Tower and skyline views.   

Extell has tapped some of the world’s most sought-after Michelin-starred chefs and culinary experts to offer an unparalleled food and beverage program for Central Park Club, giving residents access to world-renowned culinary experiences without ever needing to step outside. Additionally, the unique amenity offerings at Central Park Tower will be managed by a renowned lifestyle specialist—name to be released at a later date, but it’s one you’ll know! The stunning interiors of the 100th Floor were designed by the internationally celebrated design firm Rottet Studio, who also designed the building's residential interiors.   

Additional amenities at Central Park Tower, located on the 14th and 16th floors, will include an expansive outdoor terrace with swimming pool and cabanas for entertaining, private screening room, residents’ lounge, children’s playground, a full floor of health, wellness, and spa amenities with state-of-the-art fitness equipment, and more.  

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Douglas Elliman Sponsors 43rd Annual Aspen Gay Ski Week 2020

photo credit: Will Sardinksy

photo credit: Will Sardinksy

Douglas Elliman Real Estate celebrated its third consecutive year of sponsorship of the oldest annual Aspen Gay Ski Week currently in its 43rd year. The mainstay week-long event went from January 12th to January 19th, supports AspenOUT, a local nonprofit focused on anti-bullying and tolerance programs supporting the local and national LGBTQ community.

All week long, Elliman hosted a table in the hospitality suite located at the Limelight Hotel to mingle with AGSW guests and showcase the firm’s extensive local, national and international luxury property collection with its global partner, Knight Frank. Guests also received branded swag, including branded AGSW beanies.

Kickstarting AGSW's festivities, Douglas Elliman hosted a Après Ski cocktail reception for agents, executives and VIP guests of AGSW on Wednesday, January 15th at the Gorsuch Ski Café, located in the Gondola Plaza the base of Aspen Mountain for a second year in a row with Jeffrey Gorsuch. Elliman’s Director of Operations in Aspen, Blake Greiner was the DJ for the event.

Developers Clipper Equity and Chetrit Group along with Douglas Elliman agent Monica Novo, hosted a breakfast at The Little Nell for Elliman agents who were in town to learn about their New York development, Gramercy Square. Douglas Elliman Development Marketing and Monica Novo handle sales for the project.

Members of Elliman’s executive suite including Scott Durkin, president and chief operating officer, Stephen Kotler, CEO of brokerage for the Western Region, Stephen Larkin, vice president of public relations and Stephanie Garbarini, vice president of marketing were in town. They were joined by local leadership, Joshua Saslove, president of brokerage for Colorado and Ed Foran, executive manager of sales and managing director. Top agents from around the country were also in Aspen including Monica Novo and Marcos Cohen from New York City, Tim Kelly from the Hamptons, Alison Betts from California and Kayce Driscoll from Florida.

Local Aspen Snowmass agents include Jen Engel, Brittanie Rockhill, Liza Hogan, Marian Lansburgh, Michael Latousek, Riley Warwick, Raifie Bass and Jill ShoreThe team also had the opportunity to tour some of the region’s most luxurious homes in the Douglas Elliman portfolio, including 630 East Hyman Avenue, 301, currently on the market for $15,999,000 with Joshua Saslove and Riley Warwick.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

One Essex Crossing reveals teaser website & first official rendering

 One Essex Crossing, the second condominium building and seventh overall building at the Essex Crossing neighborhood on the Lower East Side. As you know, the lower levels of the building are dedicated to retail and include a section of The Market Line bazaar. 

Credit: VMI Studio

Credit: VMI Studio

Located on 202 Broome St. One Essex Crossing has 83 units: 2% studios, 43% one-bedrooms, 35% two-bedrooms, 6% 3-bedrooms, and 6% penthouses. Approximately 30% of the units offer private outdoor space.

Designed by CetraRuddy Architecture, One Essex Crossing's private amenities include a substantial outdoor offering, a fitness center, a playroom, and a glass-enclosed residents’ lounge

Sales anticipated to begin in spring 2020 and occupancy in early 2021

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Our Favorite Listing: City Views From Every Room

Our favorite listing this week is 300 East 59th Street, 3304, a triple mint designer 3 bedroom home with spectacular views! This outstanding one of a kind home has the highest end renovation you'll see - no expense spared. Breathtaking sunsets and panoramic views of the city from every room. T

his approximate 2,000' residence was seamlessly combined and is on the market for $2,255,000, represented by Nada Rizk and Joanne Greene of Brown Harris Stevens.

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The sleek open kitchen features top of the line appliances including Liebherr Refrigerator/Freezer, AEG appliances and stunning Italian cabinetry. It offers a great lifestyle and relaxed entertaining to the large dining room and corner living room. The living room is flanked with two balconies that provide an abundance of south and west light, wonderful city views and the opportunity for fresh air.

The large master suite has an oversized marble spa bathroom with oversized shower and double sinks. The master bedroom offers a dressing area, an abundance of closets including a walk in closet to hold everything. There is a separate laundry room/ storage that is a great bonus room and convenient for all your extra storage. You'll never wonder where you're going to fit everything anymore. The 2nd bedroom has fabulous open views and lots of closets. The 3rd bedroom is currently used as a den.

In addition, you'll enjoy brand new windows, new ACs throughout, electric shades, Nest system and wine refrigerator. There are additional washer/dryer on each floor. Perfectly situated on the Upper East Side close to the best shopping, restaurants and transportation. The Landmark is a full service and pet friendly cooperative offering services equal to any 5 star hotel. A gorgeous new lobby that was just completed and all new hallways! There's a 24 hour doorman and concierge. The building features a landscaped roof deck, an onsite garage and best of all, no flip tax. Up to 70% Financing.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

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Celebs Toasts to Champagne Taittinger At The 26th Annual SAG Awards

On January 19, 2020,  The Screen Actors Guild Awards® and Champagne Taittinger are proud to celebrate a 20-year partnership. “Champagne Taittinger is excited to toast to the anniversary of a 20-year partnership with the SAG Awards and the SAG-AFTRA Foundation team,” said Vitalie Taittinger, Vice President of marketing and communication for Champagne Taittinger and in 2020 taking on the role of CEO. “We are pleased to support this talented community of artists through the Emergency Assistance program and the overall SAG-AFTRA Foundation.” 

getty images

getty images

Following to the opening toast, Champagne Taittinger, the family-owned Champagne House, will be the exclusive Champagne for the Gala with their prized Brut La Française, produced in Reims. In addition, as actors enter the SAG Awards showroom they will be asked to sign two Methuselah (6 liter) bottles of Champagne Taittinger.

The signed bottles will be available for bid at the 26th SAG Awards Ceremony Auction, starting on January 17 through January 27, 2020. For every signature, Taittinger will contribute further funds for the Foundation’s critical Emergency Assistance program, which provides $300,000 in grants annually to support actors and their families in times of urgent need. 

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Inside Ryan Korban's First-Ever Residential Project At 40 Bleecker

NoHo’s 40 Bleecker is nearing completion, and the first residential building designed by fashion darling and celeb-go-to interior designer Ryan Korban is giving a first peek inside in a unique way befitting this celebrated and rare new Downtown building.

For the first two completed residences in the 12-story building, Korban - who already designed and selected every detail, finish and fixture in the building - has furnished both with pieces exclusively from his debut furniture collection with EJ Victor, KORBAN.

Present within a Korban building, these residences also act as Korban's exclusive New York showroom, creating a total design experience from the designer who has famously worked with Kanye West, James Franco, model Jessica Stam, and fashion houses like Balenciaga, Five Story and Alexander Wang + many more.

Unit 3A Credit: Evan Joseph

Unit 3A Credit: Evan Joseph

Listed for $6.110 million (unit 3B) $4.045 million (unit 3A) respectively, items featured within the homes from the collection include the Pollok Double Pedestal Dining TableHalston Sofa CollectionCleav Side Dining ChairsGiorgio Coffee Table and Giorgio Console Tables

The custom homes by Korban boast high ceilings with crown molding, enormous banks of windows that allow in plenty of natural light, and a richly layered palette of materials. Each kitchen has culptural, cantilevered and waterfall-style islands in honed statuary marble along with book-matched marble hoods, complemented by elegant Italian cerused oak cabinetry with fluted bronze-colored glass and SA Baxter burnished nickel hardware. The flooring that is sourced from recycled wine barrels from northern Italy is Listone Giordano French Oak chevron flooring. In the master baths, the marble vanities and the floors consist of Grigio dove and Calcutta moon light marble layered in a chevron pattern, and the powder rooms have hand-selected statuary marble with lighting design by Bill Schwinghammer.


Demanding premium prices and now more than 50 percent sold with only one remaining Penthouse left of six, 40 Bleecker is the biggest building to come to NoHo in years with record-setting neighborhood pricing topping $3,000 per square foot and un-NoHo amenities such as an indoor swimming pool, private underground parking and landscaped private courtyard with waterfalls. 

With architecture by Rawlings Architects and developed by Broad Street Development, closings are set to begin this spring for the 61 one-to-five bed homes being sold by Douglas Elliman's Fredrik Eklund, John Gomes and Sarah Burke. 

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Ruinart Champagne x New Museum Debut "Forever First" Mixed Reality Pop-Up

Last night, Ruinart champagne and the New Museum toasted to its upcoming Ruinart x NEW INC “Forever First” Mixed Reality Pop-Up with a private viewing of the exhibit before it officially opens to the public on Friday, January 24 for a limited run over two weekends. The exhibit is the latest move by Ruinart, the world’s first established champagne house, as it continues its 290-year tradition of championing the arts.

The celebratory evening brought together art world elite, fashion insiders, and tech leaders to preview award-winning virtual reality project Tree and the never-before-seen augmented reality experience Dawn Chorus. The immersive projects were created by emerging artists who are members of the museum’s esteemed cultural incubator, NEW INC, which Ruinart has supported in recent years in an effort to bring to light artistic works that are defined by original thinking and being first in their field.

Credit: Matteo Prandoni/BFA.com

Credit: Matteo Prandoni/BFA.com

Guests enjoyed Ruinart’s beloved Blanc de Blancs and Rosé champagnes as the museum’s iconic Sky Room was transformed into an exploratory lounge. Highlight attendees included Timo Weiland (dj / designer), Erica Choi, Olivia Lopez, Ariel Adkins (designer), Ash Owens (designer), JiaJia Fei, Scott Albrecht (artist), Hannah Levy (artist), Reese Donohue (artist), Jonah King (artist), Heidi Lee (artist), Eric Shiner (curator), Nicola Vassell (curator), and more, who were awe-struck by the riveting projects. 

In Tree, participants transform into a rainforest tree, via touch, sight, sound and smell, growing from seedling into maturity as they witness fate firsthand in an experiential artwork that exposes the harsh realities of deforestation.

Credit: Matteo Prandoni/BFA.com

Credit: Matteo Prandoni/BFA.com

The multisensorial Dawn Chorus situates both users and the audience amongst virtual birds flocking about a real-life Yamaha piano. Harmonious visuals and sounds demonstrate the phenomena that many marvels perceive as different, such as the frequencies of musical scales, and the flocking patterns of birds, follow the same underlying statistical pattern.

The pop-up will be open to the public Friday, January 24 – Sunday, January 26 and Saturday, February 1 – Sunday, February 2 and available to all museum ticketholders on a first come, first serve basis. In another first for the museum, the pop-up will feature a Ruinart Champagne bar where visitors can purchase Ruinart Blanc de Blancs and Rosé champagne to enjoy while they step into the artworks.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

How Fintech Is Changing New York Real Estate

The real estate industry undergoes frequent change, whether it comes to renting or buying. Technology is often a big part of these improvements. It has a place in every major industry, and handling property is no different. One major concept that's swept the market is fintech. 

This technology is taking over — especially among New York properties — and it's brought a wealth of gains with it. Learn about it while it's rolling strong, and you can benefit from a smoother way to invest in property.

What Is Fintech?

Fintech stands for financial technology, which aims to streamline financial services for businesses and consumers. This tech offshoot applies to numerous industries besides real estate — any company that carries out transactions can employ it.

Fintech is a segment of proptech, a portion of the real estate industry that uses technological resources to solve problems and complete tasks. Proptech involves innovations such as artificial intelligence and automation, as well as data collection and sustainability.

People often choose the newest and best methods when they want to accomplish a task. If you could streamline a tedious process that usually takes forever to complete, you'd likely pick relevant technologies. That's why buyers and renters often go to property dealers who use fintech — they offer shiny new alternatives to old systems.

The Expansion of Fintech

This efficient method of managing real estate has gained popularity within recent years. Companies are integrating principles of fintech by using blockchain technologies, digitizing their transactions and much more. The Jumpstart Our Business Startups Act, or JOBS Act, spurred the rise of fintech in the early 2010s. This law reduced some of the small-business regulations created by the Securities and Exchange Commission, which helped them secure higher funds.

Businesspeople viewed this law as an opening for new ways to earn money. They began brainstorming improved methods of managing finances and bringing in revenue. Fintech soon developed as a viable option, and it has grown ever since. Some real estate companies remain mostly traditional while incorporating technological advancements here and there. Others have fully leaned into this new sector to appeal to consumers and make their operations more productive.

New Developments in Renting and Buying

New innovations in fintech are developing fast in New York. Though California was once the capital of finance-based technology, New York City is edging in to take that title.

These advancements can make renting an apartment or buying a home more accessible to residents, especially considering the high cost of living. Here are a few areas of real estate that have benefitted:

1. Digital Mortgage Processes

Blockchain technology is a major component of cryptocurrency. Naturally, it also has its place within fintech. Blockchains decentralize money transactions by sharing them among a network rather than operating around a bank.

This technology eliminates double-spend issues and removes third parties, which lessens the costs of conventional mortgage processes. It also boosts the efficiency of property title searches and allows you to insure your place for less.

Related article: https://www.offthemrkt.com/blogs/must-have-apps-for-food-in-nyc?

2. Software and Algorithms

The platform Built enables banks to process their loans online, especially lenders who are overseeing construction projects. Loan lenders upload data from their construction project onto the site and quickly communicate with their hired contractors.

Collecting all their information in once place allows them to approve and manage more loans without spreading themselves thin. They can see their entire loan portfolio at a glance and make financial decisions as necessary.

3. Crowdfunding

Investors have turned to crowdfunding — also known as peer-to-peer lending — to gain direct access to the real estate market. This strategy is primarily popular among wealthy investors who meet the income and credit requirements that platforms establish. Investors lessen their risk by collaborating with developers on properties, and they also get to choose which projects to invest in.

4. Online Marketplaces

The fintech company Roofstock allows you to receive greater access to single-family housing investments. It offers numerous resources for people planning to invest in rentals, including property management tools.

You can analyze a listing's details, such as the payment history and title report, and make an offer to buy. You'll be able to remotely check in on your investment while a property manager handles the on-site tasks. Marketplaces like these allow for flexible, affordable ownership from any city.

FinTech Makes Properties More Accessible

These developments give you an idea of what to expect the next time you rent a new apartment or move to a new home. The New York real estate market is transforming to provide more access and remove the middleman.

Barriers to renting and owning can dissolve with time, but it will take broader acknowledgment and adoption of fintech. A revolution in modern housing could be on the horizon.

Holly Welles is a real estate blogger covering design, finance and market trends for apartment dwellers. You can find more of her work on her blog, The Estate Update.

Related article: https://www.offthemrkt.com/blogs/5-tech-innovations-set-to-change-real-estate-in-2019

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

New York City Homes With Privacy In Mind

With all the new condos and apartment buildings being built all throughout NYC, we have seen everything when it comes to amenities – from Vitamin C showers to lavish doggy spas and beyond. However, many buyers constantly find themselves looking for a home where they can have the ultimate privacy.

The demand for these types of features for privacy has risen and new developments are adding  amenities such as secured entrances, private elevator banks, luxury porte-cocheres, and additional levels of staff and security so that individuals will never have to step onto the sidewalk outside their apartment, or even have to go through the main lobby. If you are one of those individuals that are looking for this “must-have” luxury amenity, here’s a list of some buildings that offer next-level privacy.

108 Leonard

Screenshot of RE_ New Decade, New Amenities - jeremy@offthemrkt.com - Tani USA Mail.jpg

The Developers at 108 Leonard went to extensive lengths to include an impressive private, heated, covered motor reception with private parking, allowing residents to drive straight into the enclosed vestibule and enter the building without ever stepping outside. The developers have expected, and have had confirming feedback from potential buyers, that affluent residents and high profile individuals specifically appreciate this feature. 108 Leonard also features three lobby entrances – on Leonard Street, Broadway and Lafayette Street – in addition to a separate private entrance on Catherine Lane.

The Centrale

The Centrale

Ceruzzi Properties’ The Centrale also features a private porte-cochere spanning from 49th Street to 50th Street with a private covered entrance that leads directly to the elevators. This allows residents to drive in and immediately hop into the elevator, while also avoiding the hassle of having to come in contact with other residents or outside guests.

One United Nations Park

Located in the Midtown East corridor, just south of the storied United Nations headquarters, One United Nations Park was designed with the highest level of privacy in mind. A private porte cochere and indoor motor court welcomes residents home, and they are whisked up to sun-drenched apartments clad in the finest finishes, such as Calacatta Lincoln marble countertops and custom oak flooring. The limited collection of expansive duplex residences in the building has double height ceilings with floor-to-ceiling windows that are layered black glass on the exterior, but remain completely translucent from inside the building. This reaffirms that residents won't be distrubed once inside their home.

Jardim

Tucked away in Manhattan’s West Chelsea neighborhood, Jardim is the first U.S. residential development by Isay Weinfeld, the world-renowned Brazilian architect and interior designer known for his hotels and high-end homes, including the ultra-chic Fasano Hotels around the world. The Portuguese word for garden—Jardim—is a fitting name for this plant-filled property, which boasts an ultra-private urban park that envelops the two 11-story towers that comprise the development. In addition to the 36 residences and gardens, amenities include a skylit swimming pool, fitness center, spa facilities and a brick-vaulted private tunnel that connects West 27th and 28th Streets, leading to views of the garden’s dense greenery through a lattice wall in the lobby—serving as the ultimate paparazzi-proof porte cochere. Jardim is developed by Centaur Properties and Greyscale Development Group.

Greenwich West

Hudson Square’s newest residential tower, Greenwich West, offers a modern downtown lifestyle in one of New York City’s most vibrant and exciting neighborhoods. Located at 110 Charlton Street, the 30-story building is being designed by a team of acclaimed design world visionaries led by French female architect Francoise Raynaud, founder of the Parisian architecture and design firm Loci-Anima. One of the tallest buildings in the area, the residential tower provides unprecedented views of the Hudson River, New York Harbor and the Statue of Liberty, and a robust amenities offering including private parking. A rarity in new developments, Greenwich West will boast an automated parking garage that lets those who use it go directly into the building hassle-free. To retrieve your car, you can request your car by the app and have it waiting for you when you get downstairs, or have the doorman call it or call it from the automated screen. Never having to leave the building when entering or exiting, it's a safe haven for all.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.