Move-ins Begin at Luxury Condo Project in Financial District
- Jan 29, 2009
By Anuradha Kher, Online News EditorNew York, N.Y.–Residents have begun to close on their homes and move into 75 Wall Street, a luxury condominium project developed by The Hakimian Organization and its partners Peykar Brothers Realty & Gorjian Properties. The 349-unit condo project sits atop Global Hyatt’s new Andaz brand hotel in the Financial District in New York.Despite the crisis on Wall Street and recession, the developer says they are receiving overwhelming interest from potential buyers. “The majority of our purchasers were not from the finance/Wall St. industry and we continue to attract clients from all over the metro area and from overseas. There was a slow down in sales due to the general concern about the economy, but we have seen a return of qualified purchasers in the last few weeks with the low cost of money that is available for mortgages,” according to the Hakimian Organization. Studios at 75 Wall St. start from $620,000, one-bedroom units from $970,000, two-bedroom units from $1,580,000 and three-bedrooms from $2 million. Designed by the award-winning architectural design firm The Rockwell Group, residences at 75 Wall Street are bright, open and airy. Loft-like layouts range from traditional studios to oversized studios with home offices, one-bedrooms, one-bedrooms with home offices, two-bedrooms, two-bedrooms-plus-dens, three-bedrooms as well as penthouses. All homes feature 10-ft. ceilings, large picture windows and cerused oak flooring, as well as Boffi kitchens and spa-like baths. 75 Wall Street will also offer residents with access to several of he hotel’s services. Amenities include a cardio fitness center, massage treatment room, media room with video/TV projection and game room. The 42nd floor terrace and lounge will feature a solarium and lounge, sandy beach, hot tub, hammocks and barbecue grills.