News: Owners Developers & Managers

FLAnk tops off 12-unit 385 West 12th St. condominium

385 West 12th St., the newest luxury residential building from Manhattan-based design and development team FLAnk, has topped off at seven stories. The boutique twelve-home condominium located between Washington and West Sts. in the West Village is slated for completion in early 2009.  Seven of the 12 residences are in contract; the remaining inventory is comprised of two penthouses and three triplex townhomes. Once completed, the building's most distinguishing characteristic will be its untreated copper facade.  "The modulating copper panels will slowly acquire a patina over the next three decades while deliberately sized and detailed glasswork will remain constant.  The glass panels are carefully calibrated to provide controlled privacy to the domestic layouts behind," said Mick Walsdorf, principal and co-founder of FLAnk.  The facade system is being designed in conjunction with Front, the innovative design consultant, who is also collaborating with FLAnk on its mid-rise condominium tower at 441 East 57th St. The available residences range in size from 3,649 s/f to 4,331 s/f, with combinations that can yield 8,400 s/f.  Ceiling heights vary from 10' to 18'. FLAnk offers a unique lifestyle management service in each of its boutique condominium developments, meeting and working with client/buyers from the pre-development and design phase through relocation, and beyond.   Reid Price, managing director of ID Marketing Group of Brown Harris Stevens, is the marketing and exclusive sales agent for 385 West 12th St. A portion of sales proceeds will benefit the Catalog for Giving, a non-profit organization based in New York City.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily