upper west side apartments for sale

By Ronald Quin on Monday, 13 August 2018 04:41:59 Category HOUSE

upper west side apartments for sale

upper west side apartments for sale - Real-estate bigwig Ziel Feldman, head of construction huge HFZ Capital group, is reinventing the final of the upper West side's grand prewar condominium homes for contemporary consumers, a lot of whom want the background devoid of the complications. The buildings are a throwback to the days before the subway even reached the neighborhood, when the higher West side changed into nevertheless characterized by way of swaths of open area and Astor, the primary multimillionaire within the background of the united states, gathered land like Imelda Marcos collected shoes.
Most have fallen into disrepair, however, the bones are unbeatable, Feldman mentioned.
"simply, examine this! I am a builder, and that I cannot build this," he talked about of a prewar building he is changing to co-ops at 344 W. 72nd St. "or not it means too costly. this may charge a fortune to construct from scratch nowadays, and you'd need to sell it for some crazy number to make any money."
Feldman, normal for changing historic constructions akin to 190 Riverside Dr., has been on an upper West facet prewar binge recently, buying such century-historic architectural gems because the Chatsworth, on W. 72nd St., the Astor, at 235 W. 75th St., and the Belnord, a landmarked behemoth on W. 86th St. with 218 residences.
they are cut from the equal fabric as famed residential buildings such because the Dakota on primary Park West, the place John Lennon changed into famously shot, and the El Dorado, the place Demi Moore owns a timber-paneled, $75 million penthouses.
The change? These lesser-known constructions, a few of which have a major percent of employ-stabilized flats, have been in no way converted to for-sale residences.
"These are rare animals," spoke of new-construction advertising expert Andy Gerringer of the advertising and marketing directors, who is not worried within the projects. "people crave these types of constructions, and there are so few of them left. they've so an awful lot extra allure than each one of these cookie-cutter residences you see far and wide these days."
Feldman, who beat out a string of rivals to at ease the constructions, is in the middle of painstaking renovations on the Chatsworth and the Astor, both of which might be being overseen through design business Pembrooke & Ives.
The Chatsworth — named after England's Chatsworth residence, the seat of the Duke of Devonshire and residential to the noble Cavendish household seeing that 1549 — had been owned via one family unit for decades. It was once domestic to a who's who of new york's artistic elite, together with composer Irving Berlin. About 25% of its instruments are nevertheless hire-stabilized.



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