● Prodigy Network
Downtown crowd pleaser
Prodigy Network has tapped Woods Bagot to turn design ideas into reality at its 17John development.
The firm will test-fit the crowdsourced winning designs from the first Prodigy Design Lab competition, held this past spring.
The competition was an open call for proposals to determine the design of the interior spaces and digital services of the collaborative community-based extended stay hotel.
“Woods Bagot is the ideal partner to bring the 17John crowdsourced concepts to fruition, focusing on an interactive and collaborative version of a traditional extended stay,” said Rodrigo Nino, CEO and founder of Prodigy Network.
“We are striving to create an innovative extended stay experience, incorporating the crowd’s vision and the needs of the modern international traveler into one space.”
Prodigy Network closed on the purchase 17John in downtown Manhattan for $85.3 million, with more than $25 million in crowdfunded equity, senior financing from Deutsche Bank and subordinate financing from a New York-based institutional investor.
Accredited investors from over 12 states and 10 countries invested in participations starting at $50,000 in the building.
The extended stay property will be 23 stories and feature 191 furnished units, including full kitchens and workspaces and state-of-the-art technology.
●Solow Building Company
Sutton Place rental starts leasing
Solow Building Company and Citi Habitats New Developments are pleased to announce the opening of the leasing center and 21st floor model residences at Two Sutton Place North, located at 1113 York Avenue @ East 61st Street. Designed by Costas Kondylis & Partners, this 37 story, sleek glass tower offers 209 rental apartments, including 5 spectacular penthouses.
Residences at Two Sutton Place North feature generously proportioned floor plans with foyers at entry, and white oak hardwood flooring throughout. The open kitchens come complete with stainless-steel appliances, white stone countertops, glass tile backsplashes and custom cabinetry. Each home includes a full-size washer/dryer, and all baths are finished with glass tile and Greek marble. The floor-to-ceiling windows look out to Spectacular East River and skyline views in many residences.
Residents enter Two Sutton Place North via a private, tree-lined cobblestone driveway and into a glass-walled cherry and travertine lobby with expansive concourse entry. The property’s state-of-the-art health club includes men and women’s locker rooms, dressing areas, sauna and steam showers in addition to a full-size, sky lit, indoor swimming pool. In addition, there is a 24-hour doorman and concierge, valet service and an attended on-site garage. For commuters, Two Sutton Place North offers shuttle service to public transportation.
Monthly rents for studio apartments begin at $3,000 per month. One bedroom homes (all with 1.5 baths) begin at $3,960. Two and three bedroom units start at $7,250 and $9,760 per month, respectively.
Weehawken luxury complex speeding up next phase
Demand for Estuary in Weehawken’s Lincoln Harbor, the leading luxury apartment complex along New Jersey’s Gold Coast, has driven Hartz to expedite construction of the community’s Phase III in order to make it available for new residents three months ahead of schedule.
Phase I, which opened in March 2014 is 100 percent leased, Phase II, which opened in mid-July, is more than 94 percent leased, and Phase III which is now open and leasing will welcome its first residents in early November.
“We knew that creating luxury residential rentals with the best waterfront views, high end interior finishes, an unparalleled amenities package, and a location steps away from transportation to NYC and Hoboken would result in a fast absorption rate,” said Emanuel Stern, President and COO for Hartz Mountain. “However, our leasing velocity has far exceeded even our expectations, encouraging us to consider additional waterfront residential opportunities in Lincoln Harbor.”
Estuary consists of 582 luxury rentals in three buildings, which are 181 units in Phase I, 174 units in Phase II, and 224 in Phase III. Its collection of well-appointed studio, one, two and three bedroom rental residences range from $2,110 to $5,380, and feature European style cabinetry and built-in surround-sound speaker systems.
The well laid out open floor plans feature upscale finishes, floor to ceiling oversized windows, chestnut hardwood floors, granite countertops and stainless steel Energy Star appliances in the kitchen, porcelain tile floors and marble vanities in the bathrooms, in-unit full sized washers and dryers, and individual climate control and alarm systems.
All residents can enjoy all the on-site resort style amenities available including a 24-hour concierge, club room and billiard room, package room, cold storage, state of the art fitness centers, a yoga room with virtual fitness classes, media lounge, theater room, Crayon Corner and outdoor playground, a golf simulator, storage facilities, covered parking garage, and complimentary WiFi in amenity areas. Additionally, the pet-friendly community is adjacent to a dog run.
● HAP INVESTMENTS
HAP unveils newest uptown project
HAP Investments LLC announced a new project located at 284 Wadsworth Avenue, between 187th and 188th Street in Washington Heights.
The new development will be a six-story, plus basement, rental project. The 11,000-square-foot building will be comprised of 10 one- and two-bedroom apartments. HAP Investments and its architects have selected and will employ the award-winning Insulated Concrete Form (ICF) wall system for building construction.
“We are thrilled to announce this new development,” said Eran Polack, CEO of HAP Investments. “We have been a leader in development in transitional areas such as East Harlem, Harlem and Washington Heights. This project continues on our path of providing much needed housing in diverse New York City neighborhoods.”
HAP is currently developing 11 other projects in Upper Manhattan, Chelsea and one in Jersey City, New Jersey.