New York, N.Y. – November 4, 2010 – (RealEstateRama) — Halstead Property Development Marketing today announced that they have signed on to be the exclusive sales and marketing representatives for three prominent new developments, and have also launched sales at an additional five developments in the last four weeks.
Signaling renewed strength in the new development market in New York City, Halstead Property Development Marketing added three new developments to its portfolio this month: Windows on 123 (http://www.windowson123.com/), 380 Lenox (http://thelenoxnyc.com/) and 1485 5th Avenue (http://www.5thonthepark.com/) which Halstead will begin marketing on November 20th. Each of the developments feature impeccable design at value prices, and will be appealing to buyers in the current market who are looking to take advantage of low interest rates.
“While many were predicting doom and gloom for the new development market this year, we were confident there would actually be a strong turnaround due to dwindling inventories and little new construction starts since 2009,” said Stephen G. Kliegerman, executive director of Halstead Property Development Marketing. “With so many new projects coming to market, we are confident business will continue to increase.”
Halstead recently launched sales at the following five new developments:
– Gramercy 19 (http://www.gramercy19.com/), located at 148 East 19th Street in the heart of Manhattan’s historic Gramercy District, features a total of 16 units in a mix of one, two and three-bedroom homes ranging in price from $425,000 to $2,350,000 and in size from 340 – 1409 square feet. Sales launched on October 22 and demand has been overwhelming.
– 136 St. Marks Place (http://www.136stmarks.com), located at 136 St. Marks Place in Brooklyn features nine units including duplex studios with yards as well as one and two- bedrooms from $425k – $795K. Last year its sister building, 134 St. Marks, sold out in just a few weeks at similar prices. Sales launched on October 30.
– 870 Pacific (http://halsteadpdm.com/detail/?id=75834&lprice=0&hprice=0), located at 870 Pacific Street in Brooklyn, is a boutique, eight-unit, townhome development featuring one and two-bedroom homes ranging in price from $525,000 to $735,000 and in size from 824 – 1403 square feet. Sales launched on October 23.
– Harlem Sol (http://www.harlemsol.com/), located at 121-123 West 131st Street in Harlem, is a 12-unit, two-building development; one is designed in the classic brownstone style, while the second is a contemporary take on townhouse living. The development will offer floor-through studio, one and two- bedrooms and duplexes ranging in size from 534 to 1,197 square feet and are priced from $299,000 – $729,000. Sales launched on November 1.
– Parkside Flats (http://www.parksideflats.com/), located across the street from St. Nicholas Park at 362 St. Nicholas Ave. in Harlem, features 22 homes in a mix of one bedrooms with huge terraces and two-bedroom homes ranging in price from $439,000 to $539,000 and size from 665 to 881 square feet. Sales launched on October 30.
In addition to launching new developments, Halstead is experiencing success among their existing projects as well. The company recently announced closings and move-ins at both PS90 (http://ps90condo.com/) in Harlem and Solis (http://www.solisfortgreene.com/) in Brooklyn. In addition, Columbia Commons (http://columbiacommonsbk.com/) has reached the 50% sold mark in recent weeks, while 80 Met made 17 sales this summer and Toren made 13 deals in just one week
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/.
