Jewish Business News
September 12, 2014
Miki Naftali’s real estate firm Naftali Group has revealed renderings for its new project at 210 West 77th Street in Manhattan (see full image below).
Designed by Thomas Juul-Hansen the luxury condominium building 210 West 77th Street, located between Amsterdam Ave and Broadway, will rise 18 stories above the Upper West Side, one of the most sought after neighborhoods in Manhattan. It will have 25 half and full floor residences that will range from three to five bedrooms and all will feature balconies accessed through floor to ceiling mahogany French doors. The interiors will be defined with clean lines, open spaces and the warmth of beautiful natural materials found in Danish modernism.
210 West 77th Street’s façade will feature hand formed grey bricks, Juliet balconies and mahogany lined windows. The building was previously slated to have 30 units in it. It will have a total of 78,485 square feet of residential space and have 2.317 square feet of retail space on its ground floor.
Residents will enjoy amenities such as a 24 hour doorman, roof terrace, fitness center, party room, and bike storage. All of its units will have Whirlpool washer/dryers and 5 inch white oak floors.
Naftali has already begun to market the condominiums there, offering four of them ranging in price from $4.9 to $12 million. The largest of which is a 4,919 square foot 5 bedroom, 5.5 bathroom townhouse duplex with a 1,280 square foot terrace.
The new tower will replace a Hertz car garage which currently occupies the lot. Naftali purchased the location for $55.5 million in April of 2013 from the Jewish Board of Family and Children’s Services.
Naftali Group, which specializes in residential properties, currently owns, operates and is developing 12 such properties in prime neighborhoods throughout New York City made up of more than 1000 units and approximately 1,000,000 square feet. As a builder, owner and operator, Naftali Group’s portfolio includes 277 West 10thStreet, 182 West 82nd Street, 210 West 77th Street, The Seymour at 261 West 25th Street, 234 East 23rdStreet, 245 West 25th Street, The Landmark Park Slope, The Bergen, 33 Beekman and other multifamily assets and investments throughout New York City.