Here’s your rare opportunity to purchase a NYC condominium in an upscale building for a fraction of market-rate prices. The developers of Clinton Hill‘s under-construction condo Waverly Brooklyn are now accepting applications for 11 subsidized homes priced as low as $156,444. Qualified applicants have a chance to purchase the deal of a lifetime with studio, one- and two-bedroom homes priced 86-percent below the neighborhood’s market-rate medians. The condos are available to households earning between $32,617 to $48,923.
Leasing has begun at Midtown East‘s newest rental building at 235 East 44th Street. Developed by CMSJ Development, the 70,000-square-foot, ground-up building contains 67 units across its 19 floors. For current availabilities, monthly prices start at $3,300 for studios, $4,500 for one-bedrooms, $6,105 for two-bedrooms, and $8,100 for three-bedrooms.
Designed by Gerner Kronick + Valcarcel Architects, it’s is situated mid-block along a dense urban canyon just two blocks east of Grand Central Terminal and one block west of the United Nations. Its street-facing exterior is finished in GKV’s trademark aesthetic of exposed cast-in-place concrete, reminiscent of the Brutalist movement of the 1950s and ’60s. The tower’s glass walls and concrete floor slabs undulate in opposite directions, softening the raw materials and adding fluidity to the building’s form.
The teaser site has launched for Clinton Hill’s seven-story condo development known as Waverly Brooklyn. The project, developed by Andrew Bradfield’s Orange Management, will accommodate 48 condominium units throughout roughly 60,000 square feet of floor area. The architect is Gerner Kronick + Valcarcel Architects (GKV), who have perfected textured exteriors comprised of exposed cast-in-place concrete. Inside there will be studio, one, two, three and four-bedroom condominium residences.
In anticipation of its official sales launch later this winter, Ben Shaoul’s Magnum Real Estate Group has illuminated Luminaire, a 103-unit condominium-conversion at 385 First Avenue in downtown’s Gramercy Park neighborhood. According to the marketing team, the cool-blue lighting scheme, specified by Magnum, is inspired by the building’s floor-to-ceiling windows and sun-bathed units.