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luxury real estate

New Renderings Give a Peak Inside the Luxe Residences from Aman in New York

Much buzz has been created over the past few months since the announcement that Aman Resorts would be opening its first urban residences in New York, at an iconic address, The Crown Building (57th Street and 5th Avenue)

While other buildings rising along 57th Street have garnered attention because of their height, pricing, and other features, Aman has quietly released new renderings of the project, and they are simply stunning! Based on the look inside, these homes are truly delivering the vision of an oasis in the middle of urban chaos.

Aman New York is slated to open its doors in 2020, bringing 83 rooms and suites in addition to 22 private residences. It’s been reported by the Wall Street Journal that nearly half of the private residences have already sold, despite being listed. It is rumored that asking prices start at $4.65M

About the Residences

For the Condo portion, there will only be 22 residences. As of now, we know that some homes are slated to have terraces as well as private pools. All of them come with access to a suite of ultra-luxe amenities. There is expected to be a Sky Lobby, members club, piano bar, wine library, cigar bar, a members-only jazz club and 2 restaurants. Arva will be serving Italian fare while Nama will be Aman’s interpretation of Japan’s washoku dining tradition.  

Living Room

Living Room

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The Aman Club will encompass 3 stories of the building with a 75-foot pool, hot and cold plunge pools, fire pits, hammams, salon, gym, and juice bar. Based on the renderings, this Club will be a true representation of the Aman brand and the serene and luxurious spas for which it is known the world over.

Pool Terrace

Pool Terrace

Cigar Lounge

Cigar Lounge

 About Aman:

Aman Resorts are located around the world in both remote and urban settings, known for their meticulous design to frame their natural settings. People love Aman Resorts for the space and privacy that they offer.

Aman started in 1988 with the first location being on Phuket’s West Coast. It was named Amanpuri which means “place of peace.” From that, the Aman name was born. Today, there are 33 resorts, hotels, and private residences across 21 countries.

All Renderings Courtesy of Aman

5 New Developments Coming to Market in Manhattan this Spring

Spring is typically a bustling time for the housing market, and this season has been no exception. Activity has picked up from Q1 lulls across multiple tiers of the market, but we have been observing good momentum in the luxury sector specifically.

The New Development market in New York City continues to have a pipeline of impressive projects. From a Buyer’s perspective, inventory has never been better. New Development projects are offering the best amenities, design from starchitects and renowned interior designers, as well as concessions to Buyers. Now is a great time to explore new development as a Buyer. Developers are competing amongst each other for the same set of Buyers in many instances so there are deals to be had.

Just as the market picks of the Spring, so too is New Development. Here are some of the most notable projects coming to market in Manhattan during Spring 2019.

The Centrale

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Midtown is experiencing a wave of development, and The Central is part of it. The tower will rise 803 feet and is designed by Pelli Clarke Pelli. Interiors will be done by Champalimaud Design who has also done the interiors at The Kent. The 124 residences will be a mix of 1 through 5 bedrooms with pricing starting around $1.825 million.

Amenities at The Centrale include a lounge with fireplace, 75-foot lap pool, fitness center, and attended garage.

The Hayworth

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Located at the corner of Lexington Avenue and 87th Street, The Hayworth will bring 61 apartments to the Upper East Side. The building, rising 21 stories, will be a mix of 2 through 5 bedroom homes with multiple penthouses.

AD100 architect Lee Mindel will be doing interior at the Hayworth. Residents will enjoy a suite of amenities including a music and dance studio, fitness center, and rooftop terrace with fireside seating.

Pricing anticipated from $3.5 million

100 Franklin Street

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DDG Partners (you may recognize them from 180 East 88th Street) is bringing a boutique collection of Condos to TriBeCa nearby the Roxy Hotel. This spring, the 10 full floor homes, inclusive of 2 penthouses, are expected to come to market with pricing from $3.3 million.

The development is actually comprised of 2 buildings that are joined together. Amenities include bicycle room and storage.

The Park Loggia

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If you love the Upper West Side, but do not want to live too far up, The Park Loggia is the ideal location. The SOM-designed tower, located on Broadway at 61st Street, just above Columbus Circle, will offer a convenient location and is set to bring 172 residences to the neighborhood.

Apartments will span the gamut in size, ranging from Studios to 4-bedrooms. Pricing is expected to start around $1 million and go up to over $10 million. The amenity package will be sizeable, at 20,000 square feet. Amenities will include a game room, theater, café, music performance rooms, a fitness center, and children’s playroom.

35 Hudson Yards

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The tallest residential building within the Hudson Yards development debuted its lavish apartments on March 15th. 35 Hudson Yards is home to 143 apartments which start at $5 million. The apartments start on the upper floors of the tower with the world’s fist Equinox Hotel occupying the bottom floors.

35 Hudson Yards is designed by David Childs and Skidmore Owings & Merrill with interiors by Tony Ingrao. No detail has been spared on residence interiors such as the custom kitchens designed by Tony Ingrao in collaboration with Smallbone of Devizes.

The amenity suite is equally as lavish. Residents will enjoy 22,000 square feet devoted to wellness and entertainment. Amenities include yoga, playrooms, Grand Terrace and Dining Room, event space, and access to the Equinox which will have both indoor and outdoor pools.

All Photos via respective developments

Pied-a-Terre Tax Looms Over New York City Luxury Real Estate Market

Thought taxes in New York City couldn’t get any higher? Think again. The Pied-a-terre tax is back on the docket, and it has recently gotten some major support that pushed it further along than what it was last a topic of discussion in 2014.

Ken Griffin made headlines when he purchased a penthouse at 220 Central Park South for $238 million, making it the most expensive home in the country. He plans to use the home when he visits his New York office. This headline also caught the attention of City Council who started discussion on the Pied-a-terre tax once again.

So, what is a Pied-a-terre and the proposed tax?

A pied-a-terre is a part-time second home occupied for less than half of the year. Often times, it is an investment for the owner and may not be occupied. Given that the owner’s primary address is elsewhere, owners of a pied-a-terre in New York are not subject to state or local income tax.

The current proposal has a sliding tax surcharge and fee for homes priced $5 million and over, with higher priced homes incurring higher fees. City and State officials cited that they feel this additional tax is necessary to fund the failing mass transit system in New York City.

 Cause for Concern

Regardless of whether you think it is fair to tax the rich disproportionately or not, a proposed tax plan should be assessed in regard to economic impact before being implemented. From a real estate perspective, there is cause for concern based on the proposal of a pied-a-terre tax in New York City.

International Buyers: International Buyers have already been on the decline in recent years, and the implementation of a pied-a-terre tax would likely prevent some would-be foreign buyers from investing in New York.

 Luxury Condos and Co-Ops: We would likely expect to see some sort of downtick in the luxury segment of the market. Just because a buyer can afford a $5 million apartment, does not mean they spend frivolously and love taxes. Why would they invest in New York when they could invest in another viable city that does not impose a pied-a-terre tax?

The luxury segment of the market has already been under pressure in recent years, so another tax could additional pressure that is not needed in this sector.

 New Development: An adverse impact on the Luxury Market would likely spill over to the New Development pipeline for luxury properties. If there is a decreased demand overall for properties $5 million and up, why would Developers be incentivized to build properties that may not sell? This, of course, would then have an impact on all the employment created within the construction sector when development is booming.

High Costs to Transact: New York City is one of the most expensive places to transact on property without the additional pied-a-terre tax. Costs associated with a real estate transaction in New York City include Transfer Tax, State Transfer Tax, Mortgage Recording Tax, Mansion Tax, and Real Property Taxes. Not to mention, under the new Federal Tax Code, the deduction of SALT has been eliminated.

 Overall, if the tax were to have an adverse impact on the real estate market for properties $5 million and up, we would likely see a reduction in value at the high end of the market. This may especially may be the case for properties that are already valued/priced near the $5 million threshold as Buyers will submit bids under $5 million to avoid the tax.

Image via Getty Images

35 Hudson Yards: Here's What We Know

All Images Courtesy of Related Oxford

All Images Courtesy of Related Oxford

The long await and anticipation of Hudson Yards is almost over, with the Grand Opening scheduled for next week. We have been following the development and progress of what is America’s largest Real Estate development project. From Condos and Rentals to dining and shopping, Hudson Yards will be a true epicenter of the Far West Side. In fact, a new neighborhood has even popped up on the radar dubbed “SoHY”, or South of Hudson Yards.

We covered the launch of 15 Hudson Yards, one of the residential condominiums that is part of the project, and now, we are learning details about 35 Hudson Yards which is expected to launch sales next week along with the Grand Opening. If you thought 15 Hudson Yards was luxurious and jaw-dropping, wait until you see 35 Hudson Yards.

Here’s What We Know:

35 Hudson Yards is designed by David Childs and Skidmore Owings & Merrill with interiors by Tony Ingrao. The building will rise 92 stories, making it the tallest residential building within the Hudson Yards project. There will be 143 residences starting on the 53rd floor and ranging in size from 2 to 6 bedrooms. Pricing is anticipated from $5M.

Residences:

35 Hudson Yards Condo Related Oxford

Residences range in size from 1,500 to 10,000 square feet. They will feature gracious entry foyers and ample wall space for art. Ceilings are 11 feet. In regard to finishes, there will be smoked oak flooring throughout the homes. Luxurious kitchens are designed by Tony Ingrao in collaboration with Smallbone of Devizes and feature Gaggenau appliances, white opal marble counters, and high gloss stained Eucalyptus cabinets.

35 Hudson Yards Kitchen Smallbone
35 Hudson Yards Condo Bedroom
35 Hudson Yards Master Bathroom Related Oxford

Homes are sure to offer stunning and sweeping views of the Manhattan Skyline and of the Hudson River.

Amenities:

35 Hudson Yards Amenities

Residents of 35 Hudson Yards will enjoy a host of amenities and hotel-style service. There will be 22,000 square feet devoted to wellness and entertainment. In addition to this space, the building will be home to a 60,000 square foot Equinox as well as the world’s first ever Equinox Hotel.

  •  6th Floor entirely devoted to amenities including yoga, playroom, fitness

  • 24th Floor will be the Grand Terrace and Grand Dining Room, an event space that can accommodate more than 50 guests

  • Residents enjoy access to the Equinox which will have an indoor and outdoor pool with large sundeck and cabanas

  • Priority reservations at the building’s restaurants

  • On-site concierge that can arrange thing such as in-room dining and ground transportation

35 Hudson Yards Event Space

In addition to the in-building amenities, residents enjoy all the amenities that come along with calling Hudson Yards home – there will be myriad world-class dining and shopping options, including New York City’s first Neiman Marcus.

Stay tuned for more information about the Grand Opening of Hudson Yards!

Luxury Amenities are Going to the Dogs - In the Best Way Possible

Owning Pets in NYC

Owning a pet in New York City can be challenging – Will they get enough outdoor space? Who is going to walk them when you are putting in long work days? Will the building I want to live in even allow pets? As more and more New Yorkers get pets, these questions have become ever more important for Developers looking to attract well-off city dwellers. So, are the amenities going to the dogs? Yes – but in the best way possible! 

If you are looking to ensure your dog is living its best life, there are buildings across Manhattan that are offering your canine companion the best of the best when it comes to amenities and services. The buildings below, of course, allow residents to have pets, but the first step in searching for a home in New York when you have a pet is letting your Broker know. Some buildings do not allow pets at all, while some only allow cats, or have some restrictions related to size and breed.

We’ve rounded up some of the buildings with the best Pet Amenities across town-

Waterline Square

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The Starchitect-designed Waterline Square project features a host of amenities, of which lavish pet amenities are included. The good news is, whether you choose to live in One, Two, or Three Waterline Square (perhaps based on your preference for architects including Richard Meier, Kohn Pederson Fox, or Raphael Vinoly), you will have access to the Waterline Club which includes over 100,000 square feet of amenities.

For your four-legged friend, the Waterline Club will offer an indoor playroom for dogs to socialize as well as a dog washing salon and dog training studio. 

50 West Street

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Rising tall above lower Manhattan at 778 feet, 50 West Street is a new development glass tower that arrived with the wave of revitalization happening Downtown. While residents will enjoy stunning River and Harbor views from the homes as well as luxe amenities for themselves, pets will be able to enjoy a dedicated amenity space as well – 200 square feet for the pets to be exact.

Additionally, 50 West has partnered with a top-notch Vet and Groomer so you don’t have to worry about where to take your pet. They will make house calls right to the building. Rumor has it the Groomer is the same one that fashion designer Isaac Mizrahi uses.

 

15 Hudson Yards

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Hudson Yards has a lot of buzz surrounding it – from it being the biggest development project to more intricate details of businesses and stores moving into the area, this project is seriously transforming the Far West side of Manhattan. Part of the project includes both Rental and luxury Condominiums. 15 Hudson Yards has received a lot of attention as a condo within the project.

The luxurious building from Realted Companies will offer Residents access to services from Dog City. Related Companies founded Dog City in 2011 when it launched inside MiMa in Midtown Manhattan. The company offers onsite boutique pet services for building residents ranging from everything from grooming and walking to play dates. Annual membership starts around $250 with services such as Grooming being an additional premium at time of service.

555 Ten

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This Midtown Rental building from Extell offers, perhaps, some of the best pet amenities that can be found in the city. 555Ten is an Extell building, and Extell is known for their extensive and over-the-top amenity offerings throughout their buildings – think One Manhattan Square!

If you want your pets to be able to live their best life, 555Ten offers everything to help make that possible. Amenities for pets include a Pet Spa and Veterinary Clinic by Throw Me a Bone. There is also a daycare facility and covered outdoor play space to ensure your dog gets the outdoor time it deserves.

Throw Me a Bone offers services including walking, training sessions, 2-hour play sessions, house call vet visits, and “Yappy Hour” where your dog can meet its fellow neighbors.

252 East 57th Street 

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Worldwide’s 252 East 57th Street may be located conveniently to the Second Avenue Promenade, but the building is also ensuring your pet can get pampered without having to leave the building. 252 East 57th Street is home to Spot 57 Play Space and Grooming Bar.

Spot 57 offers residents and their pets an array of services from walking to daycare. Additionally, there is an interactive play space for dogs to mingle and play on those rainy or snowy days when getting outside is difficult. In need of grooming? That’s also possible at the grooming station which included convenient sitting so you can wait while your pet gets pampered.

Greenwich West Launches in SoHo

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SoHo, historically known for its converted luxury lofts and lack of amenity filled buildings is experiencing a new wave of development, bringing luxury condos outfitted with full amenities to the neighborhood. One particular area, Hudson Square, has become an enclave for luxury developments in SoHo. Greenwich West is the latest luxury development to bring a full-service building to SoHo. 

Located at 110 Charlton Street, Greenwich West will rise 290 feet tall and be comprised of 170 condos. The development just launched sales, and we were among the first to get an inside look during their launch event.

Sebastien Segers Interiors

 Greenwich West is designed by a collaboration between two Parisian Firms – Loci Anima and Sebastien Segers. Adamson Associates is the architect of record for the project. The design team was inspired by the iconic industrial architecture of West SoHo but applied an infusion of classical French inspiration. This is especially evident in the interiors which are warm and inviting, yet do not lose their “downtown” feel and modernism.

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Greenwich West Interiors.jpg

Residences will range in size from Studios to 3 bedrooms with prices starting at just under $1M. Construction is currently underway and is expected to wrap up in 202.

Greenwich West will offer a suite of amenities to residents including fitness center, lounge, rooftop terrace, bicycle storage, automated parking, and a children’s playroom. Additionally, given the buildings location, we expect the views of the Hudson to be beautiful from high floor units.

Questions about Greenwich West and luxury living in SoHo? Contact us for more information and pricing!

Rendering via Familiar Control

Condos with a Luxe Perk: Residents-Only Dining

We’ve written about the lavish amenity offerings that have changed luxury real estate in a landscape where high-end inventory is up and competition among new developments is tough. Some of the most exclusive buildings offer residents a unique experience, one that will cost you even more than a SoHo House membership since admission will require the purchase of a unit in the building…residents-only dining.

Amenities are an extension of the residents’ homes, and restaurants take this to a new level with sophisticated private dining by top chefs only available to residents and their guests. These types of buyers look for convenience, but do not want to sacrifice quality to achieve that. These restaurants allow busy people with demanding careers to come home and not worry about cooking, hosting business lunches, or catering a dinner party.

432 Park Avenue

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432 Park Avenue made a name for itself as the tallest residential building in the Western hemisphere as well as for its tall prices for units in the building. The building amenity package is unrivaled, with the exclusive restaurant occupying the entire 12th floor. The restaurant is headed by Michelin-starred chef, Shaun Hergatt. In addition to the interior dining room, the space also has a 5,000 square foot terrace overlooking 57th Street which can be reserved for private events. If you aren’t in the mood to eat in the restaurant on the 12th floor, in-residence dining is also available.

15 Central Park West

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15 Central Park West made a splash among the world’s elite as it quickly became an “it” address recognized across the globe upon completion. It set the bar high in terms of luxury offerings, including a private restaurant for residents and their guests. The restaurant at 15 CPW debuted before that of 432 Park Avenue. The building describes the dining offering as a “private dining service with an in-house chef provides full catering for Fifteen Central Park West residents desiring anything from a four-course custom menu for 80 guests to an at-home romantic dinner for two.”  The restaurant is known to host special meals year-round including women’s lunches with speakers covering varying topics and a special brunch on Mother’s Day each year.

Jade Signature

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The trend of resident-only dining is not confined to New York. One of the latest luxury high-rise to hit the shores of Sunny Isles Beach, just north of Miami, has embraced the exclusive trend as well. Jade Signature, designed by famed architects Herzog & De Meuron, offers a truly luxurious amenities package which allows residents to experience resort-style living on the shores of South Florida. The Jade Signature Beach Bar & Grill so residents can dine pool and beach side without having to head back their residences. The experience is similar to that of many beachfront hotels.

Featured Listing: Jade Signature - 16901 Collins Avenue, #4905

16901 Collins Avenue

3 BED | 4.5 Bath | $4,495,000

Stunning high floor north east corner residence with breathtaking direct ocean, Intracoastal and city views. This home in the sky features 2,929 square feet of interiors and 806 square feet of terraces, 3 bedrooms, 4.5 bathrooms, study plus maids quarter, private elevator entry.  Residence comes fully finished with white marble floors and finished closets, gourmet kitchen with European designer cabinetry by Snaidero, top-of-the-line appliances by Gaggenau. Jade Signature, designed by Pritzker Prize-winning architects Herzog and de Meuron with interiors by French design firm PYR led by Pierre-Yves Rochon, offers five-star amenities with full-service spa and fitness center, concierge services, resort style swimming pool, library, resident lounges, chef's kitchen, full-service restaurant and much more

LEARN MORE ABOUT THIS LISTING

Is Downtown Driving the Luxury Market?

Financial District Manhattan

We’ve written many articles on the resurgence of downtown, from the luxury buildings along The High Line, to the rebirth of Lower Manhattan in the post 9/11 era. While Midtown developments, such as 423 Park Avenue, have certainly broken headlines for record prices, or price cuts on resales in buildings such as One57, downtown has provided much support for the overall Manhattan market. Midtown continues to see high prices for unit while volume has seen an uptick downtown.

During the middle week of May, Olshan reported a staging figured that showed the influence of downtown Manhattan on luxury transaction. Of the 21 contracts signed during that week for properties priced $4M and above, 10 were south of Midtown. Of the volume in Mid-May, nearly 50% was driven by properties in downtown Manhattan.

Why Downtown?

Buyers are flocking to Lower Manhattan for various reasons ranging from inventory, to empty nesters downsizing and looking for a new pace of life, to easy access to some of the best shopping and dining in the city.

Selection of New Development inventory in Downtown Manhattan is extensive in all neighborhoods, and these projects are bringing the most coveted architects and interior designers coupled with luxurious amenity offerings. The High Line is dotted with new buildings from the likes of Zaha Hadid and Soo Chan. In Flatiron, 45 East 22nd Street has been creating buzz and offers some of the best views of the city. Tribeca has a flurry of new projects including New York’s first Four Seasons Private Residences at 30 Park Place, the Woolworth Tower Residences, and many others such as 30 Warren and 108 Leonard Street. Meanwhile, the Financial District has welcomed 50 West Street and looks forward to the arrival of One Seaport and 130 William Street.

130 William Street coming to Lower Manhattan  via

130 William Street coming to Lower Manhattan via

In addition to a variety of inventory, Lower Manhattan is attracting buyers with cultural offerings as well. The best stores and restaurants have all opened spaces from SoHo to the Financial District. Additionally, new luxury hotels such as the Four Seasons and The Beekman offer a swanky place for guests to say and locals to frequent.

The Seaport is experiencing perhaps the biggest revitalization – we previously discussed the overall redevelopment of the neighborhood after it was battered by Hurricane Sandy. Most notably, Mr C is slated to open very soon. This will represent the Cipriani family’s first hotel venture in New York City after is launched the Mr. C brand in Beverly Hills in 2011. The hotel, which will be run by Ignazio and Maggio Cipriani, will have 66 rooms, a Cipriani restaurant, and is being designed by Thomas Juul-Hansen.

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More Coming Downtown:

More exciting things are coming to downtown as it continues to establish itself as a culinary, entertainment, and shopping destination. We are continuing to track the development of the Seaport District and have the latest timeline of events.

Seaport Timeline:

June: Pier 17 opening with rooftop restaurant. Initial schedule of performers and entertainment released

July: Concert series returns to the Seaport with the Chase Sapphire outdoor bar now open. District wide events will be taking place

September: 10 Corso Como slated to open as well as Jean-Georges opening

November: A Winter Village pop-up is set to be installed for the season along with the opening of Momofuku

Want to Live Downtown?

The Victoria Shtainer Team currently as an exclusive rental opportunity on the market at the brand new 50 West Street designed by Helmut Jahn. Our listing, Unit 20B, is one of only a handful in the building that features a double-height living space with soaring 20' ceilings. 

50 West Street

50 West Street, 20B | 3 Bed | 3.5 Bath | $14,995/MO

We have access to all the hottest inventory in Downtown Manhattan! Contact us so we can create a tailored search and property tour for you.

6 Condos Designed by Luxury Brands in New York & Miami

Major luxury brands from around the world are leaving their market (and branding) on the luxury real estate market. There is a growing number of projects where major designers are doing interiors of luxury buildings, especially in Miami. 

These collaborations increase the appeal and attract buyers in a competitive new development market where prospective buyers have many projects from which to choose. Both sides stand to benefit from bringing on a global luxury brand as the development gets increased publicity because of the collaboration and the luxury brand gets to reach a potentially new audience that may not have previously been immersed in the brand. 

In today's market a brand is everything. Young, wealthy buyers especially love luxury brands, and many of these collaborations are familiar in that they most like have pieces from them in their home already. These powerful brands give the building an identity immediately rather than the building trying to have to establish itself as brand on its own.

New York

Baccarat Hotel and Residences

The Baccarat Hotel in Midtown Manhattan has a boutique collection of 60 residences with interiors by AD100 designer Tony Ingrao T.he apartments are luxurious as one would expect, yet in a sophisticated way. The major appeal of these residences is the plush amenities and services available from the Baccarat Hotel. Baccarat brand is more subtle within the residences while it is very prominent in the renowned Grand Salon and Bar where guests enjoy beverages out of Baccarat crystal glasses

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QUICK FACTS:

  • 60 Residences ranging in size from 1 to 5 bedroom currently on the market
  • Homes features luxurious finishes including Siematic kitchens custome designed by Tony Ingrao and entrance doors made of Zircote Wood with Baccarat crystal handles
    • Residents enjoy exclusive perks at Baccarat Hotels around the world as well as perks such as private shopping and priority custom design and production at Baccarat

The Getty

While Peter Marino is not a luxury brand or label himself, he is worthy of being included on this list as he has worked for some of the top fashion houses and artists around the world with his designs. Marino's work include flagship stores around the world for the likes of Louis Vuitton, Chanel, Bvlgari, Dior, and Giorgio Armani. His building along the High Line in West Chelsea has attracted much attention because of its boutique nature and the recent sale of a penthouse for $59 Million. 

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QUICK FACTS:

  • 12 story building consisting of only 6 bespoke homes designed by Peter Marino
  • Base will be a museum and gallery holding the private collection of J. Tomilson Hill worth $800 million     
  • All floorplans different and decked out in 80 various kinds of stone, marble, and wood finishes
  • Penthouse will have a private, rooftop pool 

20 Pine - The Collection

Renovated in 2009 at a historic downtown building, 20 Pine was at the forefront of the downtown revolution and was truly a first for the area with its Armani/Casa designed residences. Sleek kitchens, spa like bathrooms in the residences, and lofty ceiling heights have attracted buyers and investors to this building.

20 Pine The Collection

QUICK FACTS:

  • 408 Residences with 38 floors
  • Unrivaled amenity collection including the Collection Club & Spa including pool and Hamman Steam room, 25th Floor Sun Terrace, and Library Lounge
  • Designed by Armani/Casa

Miami

Fendi Chateau

Fendi Chataeu may not rise as tall as some of the new developments in Miami, standing at just 12 stories, but its 58 residences will pack a punch with their exceptional design and amenities. Chateau Group has teamed up with Italian Fashion Label Fendi to design residences that come with top of the line finishes, unparalleled amenities, and white-glove service

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QUICK FACTS:

  • 3,400 square feet to over 7,000 square feet of living space
  • Amenities include Library, Fitness Center, Private Cinema, 2 Swimming Pools surrounded by Tropical Garends Luxury Concierce by Fendi Chateau Attaché
  • 3 to 5 bedroom flow-through residences with the best finishes including Italian kitchen cabinets by Fendi with Mother of Pearl finish

The Residences by Armani/Casa

The Residences by Armani/Casa is a new development rising 60 stories on Sunny Isles beach with interiors designed by Giorgio Armani and Armani/Casa with each unit having a touch of Giorgio Armani himself. The building is set to finish in late 2018 and has already attracted buyers from around the world. 

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QUICK FACTS:

  • 6 different floorplan options with residences ranging in size from 1500 to 3000 square feet
  • Residences will include the finest in European-design cabinetry and designer finishes
  • 35,000 square feet of amenities all designed by Armani/Casa including an Armani Prive Lounge, fine dining restaurant, cigar room, fitness center, exclusive beach amenities on 300 feet of private shore

Missoni Baia

The Italian Fashion house is bringing their first branded building to the Edgewater area of Miami. The luxury condominium will rise 57 stories above Biscayne Bay and feature interiors designed by Paris Forino Design under the direction of Missoni. Slated to be complete in 2020, the building can be expected to feature the fashion house’s signature color palette throughout.

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QUICK FACTS:

  • 249 1-5 bedroom residences ranging in size from 776 square feet to 3,788 square feet
  • New York designerParis Forino envisioned the tower’s 249 elegantly crafted one- to five-bedroom residences and curated the Missoni fabrics, furnishings, and artworks that complement Asymptote’s modern architectural design.
  • Residence finishes include custom European cabinetry, top-of-the-line appliances, and floor to ceiling marble in masterbaths
  • Amenities include an Olympic-sized pool, spa, landscaped gardens by Enzo Enea, pet spa, game room, 2 poolside resident lounges

 

Want to learn more about the influence of luxury brands on real estate? Contact us to arrange a visit to these properties and more:

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Escape the Cold: The Best of Miami Real Estate

For those in the Northeast East and Midwest, winter can be quite brutal and feel seemingly longer than any other season of the year. The winter season thus far has been brutally cold in New York City, yet those looking for an escape only have a 2.5-hour plane ride to be transported to sun and sand.

Miami is often times referred to as the 6th borough of New York City given the quick and easy plane ride. Some of the hottest developments are under construction or nearing completion in South Florida. Similar to New York, some of the biggest names in architect and design are backing these new projects in Miami.

Looking at the Miami luxury market, we see some similar themes to what we have previously shared for our outlook for the Manhattan luxury market. One of those is opportunity as a result of uncertainty. There is no doubt that cranes have been dotting the South Florida skyline from Sunny Isles to Brickell. Some of these projects have foreign investment, with a large proportion in Miami being from South America, which has caused concern for some as it relates to foreign exchange rates and the ability of those invested to maintain their stake and close. We do not feel overly concerned about this, but rather look at the opportunity of a Buyer’s Market that has resulted in South Florida and the opportunity to purchase some of the best product the area has seen at the best prices.

The Victoria Shtainer Team is pleased to market 3 of the most notable new developments in the Miami area – The Ritz Carlton Residences Sunny Isles, Muse Sunny Isles, and Echo Brickell.

The Ritz Carlton Residences Sunny Isles

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The Ritz Carlton Residences is a collaboration between some of the best names in the industry including development by Chateau Group and Fortune International, Architecture by Arquitectonica, design by Michele Bönan, and lifestyle services by the renowned Ritz Carlton Hotel Company. The property is situated on 2.2 acres with 250 feet of pristine beachfront. Rising 52 stories tall, the Residences will be a new landmark along the Sunny Isles shore, positioned between Bal Harbour and the Aventura Mall. The property will be managed by the Ritz Carlton Hotel Company, offering residences an unparalleled collection of lifestyle amenities and services. 

Notable Features:

  • Each Residence has a private elevator lobby
  • Italian designed kitchens outfitted with Gaggenau appliances
  • Ceiling Heights clear 10 feet in residences and 13 feet in penthouses
  • Very extensive amenity and service list including cabanas with butler service, club level lounge and fitness center, housekeeping, yacht charter, and restaurant
  • Ocean, City, and Intercostal views
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We are pleased to market one of only a few of the crowning penthouses in the building. Penthouse 5002 is a full-floor 5 bedroom comprised of 6,085 interior square feet with 3,730 exterior square feet. 

Residence Features:

  • Ceiling height clearing 13'
  • Summer Kitchen
  • Enormous Terraces
  • Private Garden
  • Private Swimming Pool
  • Service Quarters
  • Italian designed kitchen with Gaggenau appliances including wine cooler and cappuccino maker

Muse Sunny Isles

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Muse, a monumental gem in the heart of Sunny Isles Beach, co-developed with partner S2 Development, offers the most unique living experience.  Soaring more than 650 feet high, this boutique residence will offer curated amenities and large living spaces exclusive to only 68 residents. With a focus dedicated to the highest level of luxury, comfort, and service, Muse is a boutique oasis, reflecting the grace and style of the discerning few who call it home. Muse offers residents’ unobstructed views and a variety of spacious floor plans from two to five bedrooms starting at 2,360 square feet. In addition, Muse consists of two- full floor penthouses with five bedrooms, four and a half baths, a den and a service suite totaling more than 5,800 square feet. With east and west views, these penthouses have been built for only two lucky buyers. The residences at Muse are delivered fully finished, with up to 12' ceilings with floor-to-ceiling windows, outdoor living spaces complete with summer kitchens, 2 private elevators with biometric technology, marble/wood floor throughout, and a midnight bar in master suites.

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Notable Features:

  • 12-ft ceilings with floor-to-ceiling windows
  • Outdoor living areas spanning 60 feet
  • Interior design by Antrobus + Ramirez
  • Wellness Living from renowned Deepak Chopra
  • Amenities include vanishing edge infinity pool, fitness center, resort-style poolside food and beverage service, and automated parking system

Echo Brickell

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Echo Brickell is the result of a first-time collaboration between conceptual designer Carlos Ott and the esteemed innovators at yoo Studio. With only 180 residences, Echo Brickell is the most exclusive architectural icon south of New York. Echo Brickell will further distinguish itself by offering larger floor plans than those that are typically found in the Brickell and Downtown condominium markets.  Featuring a variety of one-, two- and three-bedroom floor plans from the 9th to 42nd floor, 28 opulent penthouses will sit atop the highest floors of the sculpturesque tower. Echo Brickell’s state-of-the-art residences will redefine the standard of excellence for South Florida high-rise living. 

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 Notable Features:

  • Residences delivered fully finished with high tech security
  • Expansive terraces
  • Ceiling heights between 10-14 feet
  • Top penthouse designed by acclaimed architect Carlos Ott
  • Amenities include 4,000 square foot fitness center, spa, resort-style poolside food and beverage service, and pet walking services.

 

Interested in these properties or others in South Florida? Contact Us:

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