New York, NY – January 5, 2010 – (RealEstateRama) — Halstead Property Development Marketing and Loewen Development today announced they have signed four new contracts at Graceline Court (www.gracelinecourt.com), a new residential development in Harlem. With eleven units remaining, Graceline Court is currently 66% sold.
The four newly signed contracts are all three-bedroom residences, ranging in size from 1,215 – 1,679 square feet and are priced from $795,000 – $1.2 million.
Graceline Court is a 16-story, 32-unit luxury condominium development located at 116th Street and Lenox Avenue. The residences at Graceline Court feature walnut hardwood floors, floor-to-ceiling windows, balconies and fireplaces in some units, high ceilings, spacious floor plans and the best of today\’s finishes and amenities. Occupancy at Graceline Court is immediate and the developer is offering free common charges for the first six months for buyers who sign contracts before February 28, 2010.
“Buyers realize there are great values in today’s Harlem market, particularly when you factor in the value of the 421-A tax abatements offered at Graceline Court,” said Stephen G. Kliegerman, executive director of Halstead Property Development Marketing. “Additionally, today’s market is an immediate demand market and Graceline Court offers immediate occupancy in a high quality product that meets the needs of today’s savvy buyer.”
Graceline Court features a private fitness center outfitted with a sauna and top-of-the-line CYBEX equipment, which opens to a tranquil, landscaped garden. The lobby is attended by a part-time doorman and each unit also has a video intercom and individual storage. The building also has a bike storage room and a roof deck on the sixth floor that is open to all residents and has southern exposure.
The on-site sales office is currently open and there are open houses Friday – Sunday from 12 p.m. to 5 p.m, Monday from 12 p.m. to 3 p.m. and also by appointment. For a full list of available units and floor plans, please visit: www.gracelinecourt.com or call the sales office at (212) 521-5746.
Close to gourmet food shops, couture clothing boutiques, award-winning restaurants, parks and cultural centers, Graceline Court enjoys a prime Harlem location steps away from the 2/3 express subway at 116th Street and Lenox Avenue. The building is pet friendly and not only is it walking distance to Central Park but several units boast sprawling views of the park and midtown Manhattan skyline.
Graceline Court is being developed by Howard Loewentheil Inc. and Loewen Development, which have served as general contractor and developer for nearly 3,000 residential units for more than five decades, running the gamut from luxury single-family homes, condominium apartments, urban townhouses to affordable housing.
For renderings, photos and floor plans, please visit http://www.gracelinecourt.com/ or call the Sales Office at (212) 521-5746. For more information, please contact Allison Berger at (212) 867-8778 or allison (at) mediashoppr (dot) com.
About Loewen Development and Howard Loewentheil, Inc.:
For over five decades, Howard Loewentheil Inc. and Loewen Development have served as general contractor and developer for nearly 3000 residential units, running the gamut from luxury single-family homes, condominium apartments, urban townhouses to affordable housing, representing a total development cost of $261,000,000. For more information on Loewen Development and Howard Loewentheil Inc, please visit: http://www.loewendevelopment.com/
About Halstead Property Development Marketing:
Halstead Property Development Marketing is the exclusive sales and marketing firm for numerous new developments in the tri-state area. They consult with developers on every aspect of the development process, including: pre-development planning such as comprehensive market research, detailed unit mix and layout analysis and amenities planning, all of which enables their clients to maximize sales prices, increase absorption rates and provide an overall superior product benefiting the consumer and developer. In addition, the division directs and coordinates the selection of all on-site personnel, conducts extensive sales training and monitoring, designs exceptional sales environments, and creates integrated communications planning including marketing, advertising, public relations and branding. For more information on the Halstead Property Development Marketing Division, please visit: http://www.HalsteadPDM.com/.
