Home Housing & Development ONE UNIT REMAINS AT BOUTIQUE GRAMERCY PARK DEVELOPMENT: GRAMERCY 19

ONE UNIT REMAINS AT BOUTIQUE GRAMERCY PARK DEVELOPMENT: GRAMERCY 19

NEW YORK, NY – October 27, 2011 – (RealEstateRama) — Halstead Property Development Marketing today announced that Gramercy 19, a boutique condominium development located at 148 East 19th Street in the Gramercy Park neighborhood of Manhattan, has only one remaining unit for sale.

Gramercy 19 (www.gramercy19.com) is a seven-story, 16-unit, new construction building with 94% of units under contract. The remaining unit is a penthouse boasting 1,409-square-feet with three bedrooms, three bathrooms and a private 898 square foot outdoor terrace. The stunning residence is listed for $2,650,000. The penthouse unveiling will be Thursday, November 3, 2011, 5:30-7:30 P.M. Please RSVP to spaunova (at) halstead (dot) com.

“The penthouse offers a spacious layout with all the bells and whistles one would desire located on this beautiful tree-lined street surrounded by landmark brownstones,” said Dorothy Somekh, director of sales at Gramercy 19 and executive vice president in Halstead Property’s Park Avenue office.

All of the residences at Gramercy 19 have sold at their full asking prices. Many units solicited bidding wars among buyers, and most were sold off the floor plans before construction even began. Occupancy is expected in December 2011.

“We are extremely pleased with the success of Gramercy 19,” said Stephen G. Kliegerman, president of Halstead Property Development Marketing. “The innovative design, exquisite finishes and desired location attracted numerous buyers to the development and we are confident the last penthouse will sell in a short time.”

Residences at Gramercy 19 feature Brazilian walnut flooring, kitchens with Scavolini crystal glass cabinets, Dornbracht faucets, Bianco sinks, Miele appliances, Sub Zero refrigerator and a washer and dryer. The bathrooms feature vintage wood porcelain tiling, Lenfex vanity and faucets, Hansgrohe Raindance showerhead, Kohler tub, Xilo Porcelain floor tiling and glass wall tiling by Grigio. Air conditioning and heating are individually controlled in each unit.

Amenities include a one year membership to The Player’s Club, a virtual doorman and a key to the famous Gramercy Park.

Gramercy Park is private to residents only, and provides a serene setting and relaxed atmosphere in the middle of Manhattan. Harriet Gillespie, writing in American Homes and Gardens in 1914, labeled 19th Street between Third Avenue and Irving Street as “Block Beautiful” for its classical aesthetics recognizing architect Frederick Sterner’s development of the street. Residents will enjoy a lavish nightlife and eclectic restaurant scene, showcasing some of New York’s finest cuisine. Nearby entertainment also includes various museums and theatres, ideal for an evening on the town.

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/.