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Mentioned in this Article:
Stephen G. Kliegerman

Stephen G. Kliegerman
President of Development Marketing

Wall Street Journal

On The Cover Wsj Own Supplement


Over 60 percent sold to well-heeled buyers, 5th on the Park at 120th Street boasts utopian views from nearly everywhere you look, including those of Central Park, the George Washington, Whitestone and Throgs Neck Bridges, New Jersey's Palisades, the Cathedral Church of St. John the Divine and Mount Morris Park. The unit mix ranges from studios to four-bedroom homes, including duplexes — and square footage is from 568 to 2,237. A select number of units feature private outdoor space. Luxe-level features and finishes include floor¬to-ceiling windows, custom-designed closets, washers/dryers and wide-plank cherry wood floors. Open Italian-designed kitchens showcase cherry wood cabinetry with frosted glass accents and granite worktops and floors. Appliances are by GE Monogram, Electrolux and KitchenAid. Honed cream-colored marble master baths feature glass-enclosed shower stalls. Communal pleasures are plentiful, including an indoor lap pool with an adjacent terrace — and a lounge with entertainment areas and a catering kitchen is adjacent to a second terrace with barbeque grills. A gym and playroom are also offered. Extras include round-the-clock doorman and concierge services and valet parking. Exclusively marketed through New York's Halstead Property Development Marketing and ready for occupancy, prices start at $395,000 with a 25-year 421-a tax abatement.

Wednesday, March 28, 2012

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