25 Bond is The Ultra Luxury! Check out these pics on one of NYC’s best tastes…
Oh…and there is still one unit left for a cool $8M if you got it! Interested?
Past Posts on 25 Bond: See them all here
$2000 per square foot and you can’t even live in it year round! Gotta love NY!
Now that the long-awaited plans for Trump SoHo have finally been approved by the city, the next question is: How much are these suckers going to cost? Although the sales office has yet to open (the offering plan will be ready “imminently,” we’re told) and our requests for specific pricing information have been unsuccessful, the parties involved predict the numbers will be unprecedented below 14th Street.
“The demand is going to create a price point that will set the benchmark for pricing downtown,” says Shaun Osher of Core Group Marketing, which will be selling the hotel-condo units. “It will be well in excess of $2,000 a square foot.”
Though Donald Trump Jr. notes that “$2,000 a square foot doesn’t have the shock factor it used to” (especially to foreign buyers taking advantage of the weak dollar), that price point is still high compared to the new Hudson Square buildings a stone’s throw west of Trump SoHo. Continued…
Source: New York Post
For the same money of one of their high-end units, you could visit our SOHO fav - 25 Bond (with only one unit left). Also, visit other NY Condos and condo-hotels here.
Rumor has it that one of the buyers of one of the $50 million-plus condo at The Plaza is Italian real-estate tycoon Luigi Zunino, the CEO of Milan-based Risanamento S.p.A., one of Italy’s largest real-estate development companies.
The Math:Â 9100 sq/ft X $6100 per sq/ft = $56,120,000 (bonus = free 500 sq.ft terrace)
Sources: The Real Estate Bloggers, Observer, NYTimes
Developer and philanthropist Steven Belkin is well known about town for his business acumen, incredible generosity and ownership of the Atlanta Hawks. Belkin was the sole bidder last fall when Boston mayor Tom Menino was looking for someone to develop a skyline-changing building. If all goes as planned the building at 111 Federal Street will be 1,000 feet tall and 80 stories with 1.3 million square feet of office space and 40,000 square feet of retail and restaurant space. It will also include an enclosed one-acre Town Green on the ground floor and a rooftop garden complete with trees.
Source: Greater Boston TV.com
Steve - Don’t forget a residential component.
Going down to visit the Providence Condo market today so we thought we would play one of our favorite vid’s. The 903 in Providence, RI is a place defined by what you’re able to do between sleep and work. It’s about owning a lifestyle as well as a condo, about owning a piece of the Renaissance City. It’s time you see The 903 for yourself…view the movie now!
Visit all condos in Providence
There he was in Us Weekly, handsome Orlando Bloom. His left hand cradled a folder, the word ATELIER—as in the 46-story condo tower on way-west 42nd Street—printed on the front. Paparazzi moment or genius product placement?
It’s hard to tell, as projects entering the market are now linked with boldface names almost as frequently as Lindsay Lohan is with partying. (Lohan herself, in fact, is said to have poked around Atelier.) It’s a way to generate buzz for a new building, especially in a crowded field. Leonardo DiCaprio has been connected with Hudson Blue, Naomi Campbell with the Cipriani Club Residences, Scarlett Johansson with the Chelsea Club on West 19th Street.
Sometimes, developers give celebrities price breaks in return for cachet, says publicist Stephen Larkin. He says discounts can reach 20 percent. If celebrities are hosting condo launch parties, or lending their creative vision to the project, they’re probably getting paid outright. Continued…
See Atelier Condos 627 West 42nd (Triple Mint)
See more New York Condos
Source: NYTimes
Other Recent Movie Star Discounts:Â Lindsay Lohan 1, Lindsay Lohan 2
Last week, developers Arthur and William Zeckendorf announced they had sold all of the building’s 202 units, 15 of them for more than $20 million, including an eight-bedroom penthouse to hedge-fund executive Daniel Loeb for $45 million. Bob Costas one of the latest buyers at 15CPW.
Visit their website at 15CPW.com if you want to see on what you missed out on! And if your looking to drop in the $20M range…we still recommend our NYC fav - 20 Bond, I think $19M will buy you the entire floor (last unit). For all other New York Condos visit www.NY.condoDomain.com
The Department of Buildings on Tuesday approved the plans and the application for a building permit for Donald Trump’s proposed 42-story condo-hotel on Spring St. in a manufacturing district in Hudson Square, a project that has roused intense opposition from preservation advocates.
The approval of the application for 242 Spring St. at Varick St. did not yet include the actual permit to continue construction on the site, where the foundation is nearly completed, according to a department spokesperson.
The developer, actually Bayrock/Sapir Organization, with the participation of Trump and his grown children, still had to submit nearly 20 technical documents before a permit could be issued, according to a Department of Buildings statement.
or visit the DEV WEBSITE:Â www.TRUMPSOHO.comÂ
Source: The Villager
Our Pal Philippe Starck from London based design development firm YOO is on the loose again in New York City…this time in Gramercy Park! After 2 super successful development (Downtown by Starck and the Jade), Starck is on to his third new condo development. Victor Homes Development is behind this New York Condo. Also, by the looks of the temp website, units will range from $500k to $2M+. Contact Mr. SHVO for more questions (and let him know condoDomain sent ya). Thx!
So for this new project on Gramercy Park - check out www.GramercyStarck.com
Congress Street or Summer Street — which will be the coolest?
Two development teams are competing to create the new “main street” in a reinvigorated neighborhood of old wharf buildings across the Fort Point Channel from downtown Boston.”Summer Street is the spine,” insisted Tony Goldman, who has done stylish urban redevelopment before, in New York’s Soho and Miami’s South Beach, and now has a portfolio of 11 brick buildings, clustered around Summer, that he’s intending to develop.
A block to the north is Congress, the center of a chunk of buildings owned by Berkeley Investments Inc.
“Congress is going to be where a lot of restaurants and stores are — the heart of the whole district, where people want to hang out,” said Young K. Park, Berkeley’s president. “Summer is much too wide, much too trafficked,” he said. Continued…
Source: Boston Globe
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We are so excited to see this development neighborhood built…in our opinion it is all going to be awesome! Each property has put up their temporary website. Goldman’s - www.BostonWharf.com and Park’s - www.fp3boston.com. Park does though have his fair share of work cut out for him to stand next to Goldman’s not only experience in leading neighbohoods such as SOHO and South Beach to worldwide status….but his creativity & passion that he put into every pieces of his product will be tough to top. Hes wanted to do a project like this in Boston his whole life…and now he finally has got his shot.
Above Left to Right - RG Kahoe, Kelly Chase, Tony Goldman from the Goldman Properties team and Tony Longo from condoDomain
Got a sneak peak email from Goldman Properties Managing Partner Albert Price today. He shared with us that the 25 Bond Street website is live as of right now!
If you are truly looking for a ‘one of a kind’ home in Manhattan 25 Bond has just 2 units left. Check it out at www.25bond.com and if you have discrete inquiries about the property which spans 100′ of street frontage on Bond Street in New York ….then contact them!
More to come 25 Bond soon!
(From Left to Right - Christian Major, VP West Coast, Matt Busby, Lead Web Architect, Anthony Longo, Founder & Nick Sudano, SVP Market Development)
Missing from the photo: Pete Flint, Richard Barton, Fergie, Brand Inman and Glenn Kelman (j/k)
Looking for a new condo in Minneapolis? Maybe you should check out the W Minneapolis …
As you can clearly see above we got a new T’s from our blog pal Derrik Dyka @ Flippin Rich who is marketing the all new W Minneapolis. Now that your on the Condo Blog, your worldwide baby!
Click here to check out some new photos of the property or visit their website at www.wminneapolis.com
Other Posts:
Minneapolis Condos | Chicago T-Shirt Post | Minneapolis T-Shirt Post
Nicky went a little crazy lastnight and thought he would upload our video’s to YouTube.com. Our server has been maxed out the past few months mainly due to the thousands of video downloads we have been handling. So for now we are going to try out YouTube, Brightcove and a few other video sources like Real Estate Video source WellcomeMat.
Check out Condo Movies here.
or watch this one right here:Â The Residences at the Westin in Providence, RI
Donald Trump is using his assistant-grooming reality show to sell units in his second Las Vegas condominium tower.
For a one-hour episode of “The Apprentice” scheduled to air Sunday, contestants were tasked with devising a marketing plan for Trump Tower II, which like its predecessor will be 64 stories of gold glass just off the Las Vegas Strip, developers said.
The challenge is formidable. Las Vegas’ once-hot condo market has cooled in the past year, leaving dozens of projects stalled in blueprint stages and many condo buyers wanting out.
Trump’s Las Vegas projects are partnerships with casino owner Philip Ruffin, owner of the New Frontier hotel-casino next door.
Both towers include about 1,300 luxury condominium units, with a hotel rental option, at prices ranging from $700,000 to $7 million.
Tower I is expected to cost $600 million and be completed in early 2008. Tower II, targeted for completion two years later, is estimated to cost $700 million. Gross sales on the towers are projected to reach $2.5 billion, making it Trump’s largest project to date, said Jack Wishna, a dealmaker involved in the project.
Shop all Las Vegas Condos
Source:Â Hollywood Reporter
111 Central Park North or 110 Central Park South? Hmmm. We want to hear from you. Two different styles, two different products, two different areas. New Constuction vs. Condo Conversion. Views uptown vs. Views downtown! Let us know…we are anxious to hear!!!
Here are the websites:
Also, here is a movie on 111 CPN.
After you vote…feel free to visit all New York Condos
Latest news from my Lindsay Lohan Condo Post yesterday…is that she was actually given the Condo, and she did not purchase it.
As noted in the article, many high-end developers will do this to attract more PR around the development. If you think about it, it costs just about the same to kick off a killer PR campaign with print advertising and its NOT as cool as having a celeb in your condo building!
Condo Developers of these luxury lifestyle buildings are using everything from world renown artists like Philippe Starck, Designers like Armani Casa in 20 Pine downtown NYC and Ian Schrager world renown hotelier in 40 Bond Street in NOHO and even Jade Jagger, Mick Jagger’s daughter designing the Jade in Chelsea (as you can see NYC is taking the lead in branded condominium buildings!)…. and its the buyers are eating it up.Â
These aren’t sales tactics, they are positioned marketing & designer goods that last. They have staying power and tell a story. This is what actually attracts me to the urban condominium marketplace. I believe we are just scratching the surface of creativity, luxury & lifestyle aspects of “Branded Buildings”.
Your thoughts on branded condo buildings?
The South Beach hotel once slated for Nicky Hilton’s debut in the lodging industry has filed for bankruptcy, as its hopes for star-powered profits fall drastically short.
Condo-hotel converter Robert Falor is asking for Chapter 11 bankruptcy protection to reorganize the Breakwater and Edison hotels — adjoining properties that were to be renamed ”Nicky O” after the celebrity socialite.
That deal fell apart last month. A lender suing Falor for $36 million claims the Chicago developer also failed to deliver other star endorsements for the Ocean Drive property.
The suit by an affiliate of Oaktree Capital Management includes a loan agreement requiring Falor to sell condominiums to Scott Storch or Pharrell Williams, both famous hip-hop producers, or another “celebrity reasonably satisfactory to the Mezzanine Lender.”
The bankruptcy filing in Miami marks a dramatic turnaround for a property that only last summer enjoyed extensive coverage in People magazine and approving mentions by David Letterman. And it represents the latest financial setback for Falor, a developer who once led South Florida’s booming condo-hotel trend but left a string of failed partnerships and court fights.
”I would say he was among the top in the country,” said Coral Gables hotel broker Guy Trusty. “I think he has given the condo-hotel model a bad name.” Continued…
Source:Â Miami Hearld
More on Miami Condos
The Downtown Condo Team of Stephen May and Wayne A. Willbur will be showing units for sale and lease at the adaptive-reuse Little Tokyo Lofts, 420 S. San Pedro St., formerly a Westinghouse factory, this Saturday, March 24, from 10:00 am to 4:00 pm.
Downtown Residential Real Estate has moved its office to the Little Tokyo Lofts, Unit 519 in the mixed-use industrial/residential Toy District, which is located between Los Angeles St. and Alameda St., just south of Little Tokyo. This live/work loft also serves as Broker Stephen May’s second home. Unit 519 is a corner plan with exposures to the east and south, a large closet, maple floors, and 12-foot ceiling. The secure deeded parking is located in a separate garage structure connected to the residential building by a walkway overlooking the pool and spa.
Stephen May, though himself a real estate licensee, chose to be represented in both the sale of his Bartlett Building loft and his purchase by teammate Wayne A. Willbur of Deasy/Penner & Willbur. Both transactions are reported at www.themls.com, MLS# 07-158999 and MLS# 07-153877.
This Saturday, March 24, Wayne and Stephen will be available at Little Tokyo Lofts from 10:00 am to 4:00 pm to show clients units for sale and for rent. Out of 161 units, 51 are still available for sale. They range in price from $325,000 for a 690 sf loft to $1,020,000 for a 2207 sf two-level unit. All come with deeded parking. One 861 square foot west-facing unit with skyline view, walk-in closet and secure, covered parking is available for rent at $1700 per month. Wayne and Stephen can repressent you as a team in either a purchase or lease. Two for the Price of None (Seller/Landlord pays commission)!
Let Stephen (213-804-3800) or Wayne (213-500-0254) know if you’ll be coming by on Saturday, March 24 any time between 10 and 4, so we can arrange a tour for you with the Sales Staff, or just drop by. There is ample guest parking; just pull up to the security station in the alley south of the building and tell the guard you’re seeing Stephen May, Unit 519.
If you want to be assured of a quiet upstairs neighbor, be sure to ask to see Unit 419. It’s a 966 sf corner unit with huge windows and large closet, asking price $495,000, $20,000 less than what Stephen paid for the unit one level above! And Stephen and Wayne will attempt to negotiate some amenities/concessions from the Seller on your behalf.
You can visit Little Tokyo Lofts Here…but dont forget to call Stephen May if you want to check them out!
Stephen Seiferheld May, Broker
Downtown Residential Real Estate
downtownlofts@gmail.com
Office: 213-221-4514
Cell: 213-804-3800
25 Bond Street (above) was unveiled this weekend. SOHO visionary Developer Tony Goldman who is also currently involved with projects in Boston, Philly & Miami, unveils his new NOHO masterpiece! Eight stories of hefty rough-cut Jerusalem limestone partnered with details of dark bronzed steel. It’s been designed by architect George Schieferdecker of BKSK Architects as six stories of four bold asymmetrically arranged sections with recessed windows down below and a couple of stories of contrasting steel crowning the top. The building runs for a full 100 feet along Bond Street across from Ian Schrager / Herzog and de Meuron’s all glass palace at 40 Bond. What a pair these two make. As different as Archy and Mehitabel.
Schrager’s 40 Bond Below.
Source:Â Curbed
Famed Jorge Perez and John Hitchox / Philippe Starck Killer Combo has done Mexico with their new project Icon Vallarta. See the new property here.Â
This is a very exciting new pre-construction opportunity on the beaches of Puerto Vallarta. The Related Group has announced it is developing Icon Vallarta in partnership with YOO by Philippe Starck. The beachside project will feature three 26-story high-rise luxury towers comprised of 336 condominiums with 7 spectacular pool side villas all fronting the Pacific Ocean and minutes away from historic downtown Vallarta. Â
YOO Here
Â
Why Dubai condos are not like Miami and will avoid a real crisis.
The overbuilding of Miami condominium buildings is worrying realtors. They point to 10,000 completions this year and 10,000 next year, while only 11,000 units were absorbed by the market in the previous decade. Importantly the developers are highly leveraged and so are the off plan buyers of many of these units.
Pessimists are more concerned about the leveraging of off plan units, although the figures from Dubai mortgage providers suggest that no more than 15,000 off plan apartments have been bought using finance, and that means that 85 per cent are bought with cash. Continued…
Check out this powerpoint on Dubai Condo Hotels. This makes us want to open condoDomain Dubai asap! For now we will let these pictures tell the story.
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Quick Quiz:Â Did you know that 20% of the worlds active cranes are in Dubai right now?
National Basketball League Hall of Famer Earvin “Magic” Johnson and his partner, Canyon Capital Realty Advisors, will provide $12.4 million in financing for 130 condominiums in the Greenpoint neighborhood of Brooklyn, New York.Green Street Development LLC is building the units in a six- story building two blocks from the East River that separates the borough from Manhattan. The Bank of New York is providing a $41 million senior loan for the project, according to a statement from Johnson’s Los Angeles-based joint venture, the Canyon-Johnson Urban Fund.  Continued…
Source: Bloomberg
Another article here on Greenpoint Condos - CPN
Link to Johnson Development Corp.
PS - The MJ Urban Fund is also financing a new loft condo development here in Boston (well actually Charelstown, MA) More to come on this shortly! (condoDomain is shooting the movie for this property)
A hundred angry SoHo residents yesterday called on the city to block the construction of Donald Trump’s planned condo-hotel, saying it violated zoning laws and would de-stroy the character of the neighborhood.
Holding up placards and chanting, “Trump’s got to go!” the protesters were joined by community activists and politicians in protesting the development on Spring and Varick streets.  Check out Trump Soho Here.
Yikes…pretty scary news for the big man! Curious to see the reaction….lets hope for the neighbors its not similar to the Rosie snapback.
Besides the great BBQ, Honkey Tonk Bars and some of the nicest people we have met, EVER, living in Tennesse may be the new hot spot. We got to travel there this week to shoot another Condo Cast Movie (which should be airing in the next few weeks). We traveled to Nashville and got some really neat footage to show “YA’LL”. The property we filmed was Jamison Station which is actually in Franklin, TN just a few minutes outside of downtown Nashville. I won’t spoil you with the details…yet…Jamison Station The Movie will be out soon! But if you must peak…here is a link to their website.
Below are some ‘behind the scenes’ pictures from the movie clips…
(Above - Crystal from Jamison Station)
(Above - Jennifer from Centrum Properties)
(Above Crystal & Tony Longo from condoDomain returning from an aerial tour over the property).
Send a note to info@jamisonstation.com to be alerted when Jamison Station The Movie Releases…
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