New York—The View, a 19-story luxury building with nine penthouse duplexes on the 18th and 19th floors, opened two years ago in Long Island City, New York. The two- and three-bedroom penthouses range from 1,495 to 1,785 square feet, and boast private balconies.
The View was developed by TF Cornerstone. Modern Spaces is its exclusive sales and marketing agent. The property recently reached a milestone when sales reached and surpassed the 70 percent mark. Of the nine penthouse units, two have sold and, in the wake of a recent price reduction and the penthouse collection release party, one more is now under contract, Modern Spaces CEO and president Eric Benaim tells MHN.
Each penthouse home is contains gourmet custom kitchens with Viking and Sub-Zero appliances, floor-to-ceiling windows, up to 12-foot ceilings and elegant, five-fixture marble bathrooms. Prices extend from $1,485,000 to $1,785,000.
“The penthouses are like townhouses in the sky,” Benaim says. “They feature great layouts, they’re sensational living spaces, and we decided to market them by showcasing the terrific floor plans and how livable they are.
“The views are spectacular. You see the UN, Chrysler Building and the Empire State Building. And it’s in a real neighborhood, just five minutes and one subway stop from Manhattan. The best views of the city are right outside it.”
The target market for the penthouses is populated by upscale buyers who want more for their money than they might be able to command in Manhattan, where prices for similar condominiums would likely be twice as much, Benaim says.
“A typical buyer is someone who wants the best of the best,” he adds. “Everyone who walks in, their jaws drop. When you walk in, you’re left speechless. This is the only true waterfront condominium in the neighborhood. Our views are protected, so you’ll never lose your view.”
Not to be overlooked is the attractiveness of the community in which The View is located, he adds. Long Island City has evolved to become a leading center of arts and innovation, and delivers everything from leafy green spaces to green grocers, from museums to cafes to shopping. What’s more, the city is centrally located to provide quick and convenient access to Manhattan and Long Island.
“It’s a very vibrant and happening area. I live in the neighborhood, and I’ve really seen if flourish and grow,” Benaim says. “It’s very convenient; from Grand Central Station, it’s five minutes. And it offers a vibrant neighborhood ambience, where you feel like everyone knows everybody.”