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Real Estate Showcase - Downtown

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        FEATURED PROPERTY
There’s an interesting back story to 120 Gramercy Hill, the new condo at 120 E. 29th St. readying for occupancy in January. Five 19th-century brownstones were combined into one building in 1961, but now, starting with nothing more than the original façades and interior walls, these beauties are being transformed into 25 luxury residences by Alchemy Properties Inc.. Six first- and second-floor duplexes come with a private garden. Each of the stunning kitchens features Viking appliances (including a wine fridge), Poggenpohl cabinets and Maytag washers and dryers. There are lavish stone-tiled bathrooms and top-of-the-line Pella windows throughout. The three penthouse homes include fireplaces and enormous terraces, and built-in Miele coffee systems for beck-and-call espresso or cappuccino. Ranging in size from 1,005 to nearly 4,000 sq. ft., and in price from $675,000 to $2.4 million, only eight units remain unsold, says Ken Horn, Alchemy’s president. The first crop of buyers is a mix of young single and married professionals.
 
Marketing director:
Wendy Triffon
212-732-0372
www.120gramercyhill.com
 
 
  HOT PROPERTY
A joint venture with AFC Realty Capital that includes actor Robert DeNiro, is the boutique-like, seven-story building at 116 Hudson Street. By BKSK Architects—they of Hubert Condominium, Fischer Mills Building and Trump International Chicago fame—it has all the spectacular bells and whistles you’d expect to find. Top-drawer amenities include stone-hearthed wood-burning fireplaces, Brazilian cherry wood floors; kitchens with Snaidero cabinets, quartzite-slab countertops and stainless steel center islands. The luxe-life bathrooms boast radiant-heated marble floors, steam showers and marble-topped Burma teak vanities. Offered by Stribling, occupancy is set for early 2005, with prices ranging from $2.3 million to $4.2 million.
   
  Broker: Sean Turner
646-613-2619
www.striblingny.com
 

HOT AMENITIES
Developers know a jaw-dropping amenity when they see one—and among the more knock-your-socks-off home accessories are Internet refrigerators (think food tracking, video cameras for up-close-and-personal memos) and a robotic garage at the 25-unit, seven-story condominium going up at 123 Baxter Street. The American Development Group will offer a flood of tech-friendly amenities, but its computer-assigned parking garage is a city first. Residents will drive their car onto a platform where, after a series of clicks at a nearby kiosk, a computer will move the car to an open bay in a rack of 67 spots. From start to finish, it’ll take less than three minutes. Want the car back? The process simply works in reverse with a push of a button inside your home. Ready for occupancy in June 2005, prices will range from $875,000 to about $5 million (monthly parking will be less than $400).

   
         
    Broker: Hal Henenson
212-702-4068
www.douglaselliman.com
 
  Lois Benjamin-Bohm, Shleppers Moving and Storage’s president says, “Be aware
that most buildings and their managing agents require a Certificate of Insurance, which protects you from potential damage caused to the premises during your move. It is very important that you check with your management company prior to your move for their requirements at both pickup and delivery addresses."
 
 


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