Located in a former tin-and-sheet-iron factory with a garden oasis at its core, 51 Jay Street is a collection of 74 luxury penthouses and condominiums built near old railroad tracks.
Located in a former tin-and-sheet-iron factory with a garden oasis at its core, 51 Jay Street is a collection of 74 luxury penthouses and condominiums built near old railroad tracks.
Chris Noth, still otherwise known as Mr. Big from “Sex and the City” (even though the show ended in 2004), has been spotted looking at two- and three-bedroom apartments at the Sorting House.
That’s the spot at 318 W. 52nd St. where new luxury condos are being built on top of a working post office.
As the demand and pricing of available land continues to grow, developers are becoming more creative, building their new development projects on top of existing buildings.
Literally buildings on top of buildings.
The New York Post delves deeper into this new phenomenon, featuring HPDM projects 21W20, which was partially built atop an existing garage, and The Sorting House, described as the transformation of a functioning Post Office.
http://nypost.com/2016/01/28/crafty-nyc-developers-are-putting-buildings-on-top-of-buildings/
“Unless land prices come down,” said HPDM President Stephen Kliegerman, “expect the trend to continue to lean towards condo development in the future.”
HPDM is proud to be the exclusive marketing and sales firm for 388 Bridge, voted #1 among the Bisnow’s recent 10 Best-Selling Brooklyn Condo and Co-op Buildings in 2015.
Pet Friendly will always be a buzzword when choosing your perfect home. A couple of our projects, 51 Jay and 388 Bridge, take ‘pet friendly’ one step further by offering amenities for resident pooches. The New York Times provides some great coverage on the evolution of four-legged amenities.
“This is a healthy sign for the market as sellers need to come back down to reality,” said Robin Schneiderman, director of business development at Halstead Property Development Marketing
More than half of the residences at the Sorting House, a functioning post office-turned-luxury condominium in Midtown Manhattan, have sold.