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Mentioned in this Article:
Stephen G. Kliegerman

Stephen G. Kliegerman
President of Development Marketing

Felicia De Chabris

Felicia De Chabris
SoHo Office

The Real Deal

88 Morningside 50 Percent Sold

Stephen Kliegerman and 88 Morningside

Halstead Property Development Marketing has sold half the units at Harlem development 88 Morningside in the last year, the company announced yesterday. Sales launched at the 12-story, 73-unit condo by BOS Development, Horsford & Poteat Realty and the Bluestone Organization last June, and the building is now 50 percent in contract or closed.

The remaining 32 units range in size from approximately 735 to 1,270 square feet and in price from $415,000 to $880,000.

"[Buyers] are seeing the long-term value in buying a luxury residence located right in between Morningside Heights and the 'gold coast' of Fredrick Douglass Boulevard -- two areas that are booming," said Stephen Kliegerman, president of Halstead Property development Marketing and of recently announced Terra Development Marketing. He said he hopes to maintain the current sales momentum throughout the summer.

The building was designed by GF55 Partners with interiors by Curated. -- Katherine Clarke

Thursday, June 30, 2011