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Mentioned in this Article:
Stephen G. Kliegerman

Stephen G. Kliegerman
President of Development Marketing

Brokers Weekly

Fifth Is Number 1

Halstead Property Development Marketing announced that 5th on the Park, the new, full-service residential high rise on Upper Fifth Avenue, signed a total of 41 contracts throughout 2011, the most out of any new development property in Harlem.

HPDM represented seven of the top 10 new developments with the most contracts signed in Harlem in 2011, including runner-up 88 Morningside with 38; followed by 2280 FDB with 31 and PS90 with 30. Gateway Towers, Windows on 123 and Parkside Flats made up the final three with 17, 13 and 12 signed contracts respectively.

"This data reflects the value many buyers see in 5th on the Park," said Stephen G. Kliegerman, president of Halstead Property Development Marketing.

"WIth the combination of a first rate sales team and the development's intelligent design, luxurious amenities and prime location, we expect to maintain a brisk sales pace in 2012."

Located at 1485 Fifth Avenue, 5th on the Park is a 28-story glass tower. Remaining units consist of studios, one, two, three and four-bedroom apartments, many with private outdoor space, ranging in price from $395,000 to $1,725,000.

Wednesday, February 08, 2012