The Gold Coast on lower 5th Avenue is finally getting a new condo building. It will be converted from a prewar building but all building systems will be completely updated, as well as all unit finishes. This will be a classic example of modern conveniences wrapped in gorgeous architectural details of another era. New Yorkers love this combination.
New Construction Spotlight
Naftali Group is at it again—this time with The Willow in Kips Bay. This boutique 19-story condo has just 69 units. Sales launched two months ago, and already 26% are in contract.
New Construction Spot Light
The Brooklyn Tower—the tallest residential building in the borough—is making its comeback. After an energetic start and a few bumps along the way, it’s now re-entering the market under a new sponsor.
This month we bring you another new building that’s not on the public market yet. Midtown East is about to welcome a new addition: Malabar Residences. Located on 57th Street, just steps from Billionaire’s Row, this 28-story tower will feature 145 units. The offering plan was accepted in April, and sales are expected to launch soon.