The Marketing Directors sets price per s/f record at Moinian Group's The Residences at the W New York

The Marketing Directors, the exclusive sales and marketing agent for The Moinian Group's The Residences at the W New York - Downtown, located at 123 Washington St., set a price per s/f sales record for FiDi when they closed on two luxury penthouses. Residence PH55A, a 799 s/f one bedroom penthouse sold for $1.99 million or $2,491 per s/f Residence PH55B, a 1,175 s/f two bedroom sold for $3.01 million or $2,562 per s/f. "These record sales demonstrate the revitalization of the downtown Manhattan market," said Jacqueline Urgo, president of The Marketing Directors. The Residences at W New York - Downtown offer buyers views of New York Harbor and a lifestyle that befits the W brand. These penthouses were featured this spring in the "Designer Showhouse of New York" that benefitted the new Lenox Hill HealthPlex. In just over a decade, Lower Manhattan's residential population has increased 336%, according to the Downtown Alliance. Brookfield Place has been transformed into a curated shopping and dining destination and is leading the charge in revolutionizing the luxury shopping experience in Lower Manhattan. Joseph Moinian, president and CEO of The Moinian Group said, "This is further evidence of the transformation of FiDi. There's a vibrant retail scene as well as new corporate headquarters for major companies such as Conde Nast. FiDi has really become one of Manhattan's premier neighborhoods," he commented. The building's tower, designed by Gwathmey Siegel & Associates, rises from the 23rd to the 56th floors with views of the Hudson River, the Statue of Liberty and beyond. As the only W residence in New York City, The Residences at W New York - Downtown offers an array of amenities including BLT Bar & Grill, the Living Room Bar & Terrace, a digital entertainment lounge, fitness center, and sauna and spa treatment rooms. The building has a David Rockwell designed residential lobby and contemporary-style studios, as well as one- and two-bedroom residences with wall-to-wall windows.