Stephen G. Kliegerman
President of Development Marketing
NEW YORK, NY - July 25, 2011 - (RealEstateRama) — Halstead Property Development Marketing and West 147th Street Associates LLC, an affiliate of L+M Development Partners, Inc., today announced that 80% of the units are closed or under contract at PS90, a premier residential development in Harlem.
According to the developer, eight new closings were completed in the last four weeks at PS90, which is located at 220 West 148th Street. Traffic continues to be steady at the development, where immediate occupancy is available.
PS90 is a redevelopment of a circa 1905 elementary school, which is now home to 75 residences in a mix of studio, one-, two-, and three-bedroom units. This unique, award-winning property is highlighted by spacious layouts, Manhattan views, custom kitchens and spa-like bathrooms. Penthouses feature generously-sized rooftop terraces.
The remaining units on the market range from approximately 762 to 1,579 square feet in size and from $445,000 and $849,000 in price. Three penthouse one bedroom apartments remain with private terraces of approximately 135 square feet. For more information, please visit: (www.ps90condo.com).
“We feel particularly proud of this development as we reach this new benchmark in our sales effort at PS90,” said Lisa Gomez, executive vice president of development at L+M Development Partners, Inc., the lead developer of PS90. “Clearly, both the buyers and the city as a whole are seeing the value of our redevelopment efforts and that is extremely satisfying.”
All homes at PS90 are built with herringbone pattern oak flooring, central air and heat, and Bosch washers and dryers. Custom-designed kitchens include: stainless steel appliances; under-mount sinks with disposals; walnut-toned wood cabinets and pantries; Quartzite countertops and backsplashes, as well as under-counter microwaves in the islands. Bathrooms are accentuated by grey staggered bond mosaic walls and floors, honed Palmira tiled bath and shower walls, custom tubs and separate showers with oversized rain shower heads with wands, charcoal grey vanities with integrated sinks, and dramatic recessed lighting coves.
PS90 residents also enjoy amenities such as a fitness room, an attended lobby, a landscaped, European-style garden terrace courtyard, common lounge, work studio, media room, storage lockers and a bicycle room.
PS90 is being developed by West 147th Associates LLC, an affiliate of L+M Development Partners Inc., financing is provided by Goldman Sachs’ Urban Investment Group, and the development is exclusively marketed and sold by Halstead Property Development Marketing. For more renderings, photos or more information, please contact Amy Nizwantowski at Amy (at) mediashoppr (dot) com or 212-867-8778 x232.
Monday, July 25, 2011