Posted: May 26, 2015
Aptsandlofts.com retained as the exclusive sales and marketing agent for Forty2East
According to The Bondee Group, Forty2East, a new six-story, 53-unit condominium in Williamsburg, Brooklyn, is slated to launch sales in Summer 2015. aptsandlofts.com, one of New York City's leading full-service real estate brokerages, has been retained as the exclusive sales and marketing agent.
"With so few new properties currently on the market in Williamsburg, we are proud to introduce Forty2East to potential residents. Forty2East will offer the Williamsburg market the chance to experience the impeccable attention to quality and detail showcased in every property we develop," said Ronald Bonelli, managing partner of The Bondee Group.
In 2013, Bondee Properties and Cristom Construction, affiliates of the Bondee Group, partnered with the group that had originally purchased and planned to develop the site, located at 42 Maspeth Ave., but were halted by the 2008 recession. Since then, neighborhoods throughout NYC, especially in Brooklyn, began seeing a resurgence and tremendous growth in technology sector jobs. Bondee Properties began looking for a site to develop within the tech corridor, from lower Manhattan across to Williamsburg and spanning the areas surrounded by the new Cornell University Tech Center, located on the south side of Roosevelt Island.
"This property presented itself as a perfect fit since the owners knew of us from our industry reputation, mutual contacts and previous business dealings," Cristom Construction President Tom DeVito said. "And we knew that the quality of our construction combined with what this building will offer in layout, functionality and design would resonate well with potential residents in Williamsburg. Everything we build, we design and build to last, and this building will stand the test of time."
Forty2East, designed by Christopher V. Papa, features an industrial red brick façade and is located between Kingsland and Bushwick Aves. at the intersection of Conselyea Street and Maspeth Ave. The building is also located a block from Cooper Park and near many transportation options including the L and G subway lines, making the trip into Manhattan extremely convenient.
"We are expecting a tremendous market response to Forty2East," said David Maundrell, founder and president of aptsandlofts.com. "This will be one of the most exciting condominium launches of 2015, considering the buildingÂ’s location between North Williamsburg, Greenpoint and Bushwick - three of the arguably most talked about neighborhoods in NYC today - in addition to its unique and fresh interior design concept."
These contemporary, sophisticated homes are designed by Durukan Design, known for their elegant and warm aesthetic features, defined by classic, yet modern design concepts. All Forty2East apartments will offer timeless design elements including stainless steel appliances, hardwood floors, oversized windows and premium finishes. The property will include a range of studios, one- and two-bedroom layouts.
Forty2East will offer high-end amenities for residents, which will serve as an extension to their homes. Select amenities include both a common roof and rear deck, a high-end fitness center, a residentÂ’s lounge, parking garage and individual storage units, among a number of other services and features.
Located in Williamsburg, Forty2East is a short walk from Grand Street, which has a fantastic mix of independent shops, boutiques, cafes, bars and highly ranked restaurants. For more information, please visit www.forty2east.com.
MORE FROM Brokerage
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring