VillaBXV - Bronxville, NY

Bronxville, NY Opening for sales as the holiday season began, 40% of the 54 homes at the VillaBXV were sold within a month and interest continues to be strong. The homes sold include three penthouses and four combination homes. Situated in Westchester County, VillaBXV offers homes designed with a blend of classic Mediterranean styling and European architectural features with contemporary interiors. VillaBXV presents an opportunity to live in a community where new in-town construction is infrequent, and Gateway Development, a company of Fareri Associates, the developer, anticipated that demand would be strong.

“We expected that when sales began there would be an excellent response,” said John Fareri, CEO and president of Fareri Associates. “This is a special community and people have been waiting for many years for this site to be redeveloped. But the pent-up demand within Bronxville itself has been truly impressive. Of our first group of buyers, the majority are long-time village residents who want to remain here, but not in a large house. They were waiting for a viable option, and VillaBXV has provided it.”

Interior at VillaBXV - Bronxville, NY

Plans to redevelop the site, had been in the works for 10 years. A condo building had been approved for the site, but as a result of the real estate recession was never built.

Director of sales and marketing, Elise Platt, who has worked with a wide range of residential properties throughout the region for more than 30 years, took a unique approach to working with the initial group of buyers. With the building company president, Jim Carnicelli, she made house calls. “I’ve been selling homes for a long time,” she said. “We’ve worked out of tents, trailers, boats, storefronts, you name it. But this is first time we’ve made house calls.”

They began working from a list of names of people who had expressed interest in buying once sales commenced. “There were a number of interesting advantages that came from these meetings,” she said. “You are in the potential buyer’s home and you can talk with them and gain a true understanding of how they live, what they like and what they would expect in a new home. I’ve spoken with the early buyers every week for a year, that extra lead time is a big advantage for those who are willing to commit early.”

Platt noted that “new home sales at this level are very different than they were 20 years ago. Today you have to work very closely with the buyer. They are looking for a home that fits the lifestyle they are accustomed to. Being able to meet those expectations is a key to completing the sale.”

Fareri Associates, based in Greenwich and known for creating and building distinctive, high?quality properties that honor local character, was selected by the Village of Bronxville to purchase and develop the property. The company, working with Platt, designed the building with an emphasis on open floor plans.

The building will feature a 24?hour doorman/concierge. The lobby is open, bright and welcoming; the club room with a large screen TV, a piano, a bar and a catering kitchen opens wide to a courtyard with a pavilion, an outdoor bar, flat?screen TV and other amenities. The building also offers a fitness room that opens into a Zen garden.

At the VillaBXV Presales Center at 19 Park Place in the village, prospective buyers can take a sophisticated virtual tour of the residences and stroll through a fully designed kitchen, and view samples of all available finishes. The Sales Center is open daily from 10 a.m. to 6 p.m. Appointments are encouraged. While construction is still in the early stages, it’s the ideal time to consult with professional staff at the Sales Center.

The residences at VillaBXV’s are priced beginning at $1.1 million with penthouses in the $3.6 range, well below comparable condominiums in Manhattan and Brooklyn. The 1?, 2? and 3?bedroom residences range in size from 1,300 square feet to more than 2,000 square feet with the spectacular penthouses featuring roof?top terraces. Homes on the garden level offer expansive patios.

Flooded with natural light, the residences feature open plan great rooms and kitchens with gourmet islands, and are equipped with appliances by Wolff, Bosch and Sub Zero. Gracious master bedroom suites feature a spa bath with a glass?enclosed, wet room featuring free?standing tub and separate shower.

Construction of an expansive parking garage that forms the base of the building is now well underway. As the garage is completed, work will begin on construction of the residences that will rise above it.  Each residence includes garage parking. Residents are expected to begin moving in the summer of 2017.

Fine dining, shopping and entertainment are just a stroll away in Bronxville’s quaint, bustling business district. The Metro?North station is just a few steps away offering frequent express train service south to Grand Central Station in just 31 scheduled minutes and north to White Plains in 14 minutes.