According to Edward J. Minskoff Equities, Inc. and Corcoran Sunshine Marketing Group, they have completed the sellout of 101 Warren St., the Tribeca condominium designed by Skidmore, Owings and Merrill. The building, which is 35 stories tall and has 227 residences in total, is now 100% sold and closed. At total sales of over $650 million dollars, the sellout is one of the largest and most successful condominium offerings in the history of the area.
Sales of the condominium residences commenced April 2006 and were concluded this month. Closings began in December 2007. In the past year, 19 residences were sold.
101 Warren Street is the centerpiece of a million-plus s/f development that includes a Whole Foods Market, Bed Bath & Beyond, and Barnes & Noble Booksellers. Also part of the development is a luxury rental property at 89 Murray St. The developer is Edward J. Minskoff Equities, Inc.
"101 Warren Street brings an unprecedented level of service to its residents, and more importantly, to Tribeca as a whole," said Edward Minskoff. He said, "Each component of the development-lifestyle-enhancing retail, new residential opportunities, and the iconic architecture of Skidmore, Owings and Merrill-enriches its surrounding neighborhood."
Condominium amenities include an elevated pine tree "forest" designed by Thomas Balsley Associates, and thought to be the only one of its kind in the world. Public spaces at 101 Warren St. house a collection of artwork, including an original tapestry in the lobby by Roy Lichtenstein, the prominent American Pop artist, as well as an original, large scale Joel Shapiro sculpture in front of the main lobby. Interiors are a collaboration between S.O.M. and Victoria Hagan, a member of Architectural Digest's "AD 100" list.
Other amenities at 101 Warren St. include a fitness center and spa, indoor/outdoor children's play area, and board room with screening area.
The Corcoran Sunshine marketing and sales team was lead by James Lansill, senior managing director, and included Heather Cook, Angeli Dahiya, Jeannie Woodbrey, Larry Kruysman, and Sabrina Radoncic.
Edward J. Minskoff Equities, Inc. (EJME) was founded by Edward Minskoff in May of 1987. The primary objective of EJME is to own, develop and manage institutional quality commercial office buildings in major urban centers. It is the corporate policy of EJME to oversee all phases of its properties, which includes the design/development, management, leasing and financing of all projects. Currently, EJME owns, leases and manages 4 million square feet.
EJME has assembled an in-house construction, management and leasing staff that monitors all phases of work of each development project. Through the supervision of its in-house personnel, EJME has been able to establish a national presence as a full-service real estate company. Our staff has extensive experience in all aspects of owner occupied commercial property and facilities management. The EJME staff has provided services for a diversified roster of landlords and tenants. A representative list focusing on projects over the last ten years is presented on the following pages.
ABOUT CORCORAN SUNSHINE MARKETING GROUP
With over 20 years of experience in marketing and collective sales in excess of $20 billion, Corcoran Sunshine Marketing Group is the recognized industry leader in the planning, design, marketing, and sale of luxury residential development. Representing properties throughout the United States and in select international locations, Corcoran Sunshine Marketing Group's portfolio contains a curated collection of the world's most desirable new addresses.
MEDIA CONTACT
John Felicetti
Marketing and Public Relations Manager
Corcoran Sunshine Marketing Group
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