New York Times Homes
September 1, 2014
A look at the new inventory of spacious luxury properties coming onto the high-flying residential real estate market this fall buying season and beyond.
Two Ten West 77th Street is an 18-story condominium with 25 luxury residences designed by the prolific Danish architect Thomas Juul-Hansen. Formerly a parking garage, the site is one of a scant few that will see new construction in the landmarked Upper West Side this fall. Move-ins are slated for early 2016.
Prices for three-bedroom units at $4.8 million, with 2,700-square-foot four bedroom units starting at $6.5 million. There will also be two duplex townhouses, and full-floor units on the upper floors. The building will have its own gym, children;s playroom, bike storage, a lobby with a small lounge and a common roof terrace. Corcoran Sunshine is the exclusive sales and marketing agent. “Our research found that the demand on the Upper West Side is strong for larger units on this scale,” said Miki Naftali, founder of the Naftali Group, and developer for the building. “But while the units here are very bid, it is not a huge building.
By doing that, we can customize the product to our buyers. We call it new modern-all the materials are natural, from wood to real stone and Danish brick. The design is modern, but not too modern, and will fit well into its Upper West Side surroundings.”