A sampling of last week’s press coverage of CORE and CORE properties.

Introducing the Upper East Side’s New CORE
In celebration of CORE’s new Madison Avenue office, our good friends at The New York Observer hosted a night of mingling, good food, and outstanding conversation last Wednesday at Rouge Tomate.  The New York Observer was also celebrating the launch of their new lifestyle section “NYO”, with guests of the party getting a first look at the new publication.  Guests included CORE brokers and staff, industry professionals, developers, architects, members of the media, and other invited guests.

Living Large:  A Townhouse in the Sky
Adrian Noriega’s penthouse listing at 15 West 20^th Street was the highlight of last week’s “Living Large” segment with Emily Smith.  The Flatiron District home, equipped with over 2,000 square-feet of terrace space, private elevator access, and several other upgraded amenities, represents the best in luxury city living.

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Last July, New York City’s Mayor, Michael Bloomberg, announced his adAPT NYC contest for proposals on the development and design of micro-dwellings based on the idea of accommodating the housing needs of the City’s growing population. Shortly after, CORE’s CEO, Shaun Osher, was interviewed by CNN on the contest and overall concept of micro-apartments in Manhattan.

Since then, 33 development teams submitted renderings, floor plans, and other visuals in the hopes of winning the first NYC contest focused on facing the challenges of space and a growing population within an urban setting. In early 2013, Bloomberg announced the winning group from the adAPT NYC contest which includes Monadnock Development, Actors Fund Housing Development Corporation and nARCHITECTS. The winning team’s design will be constructed on a city-owned site at 335 East 27th Street and will consist of compact residences ranging from 250-375-square feet.

Although this project hasn’t even broken ground yet, the response generated from the contest by developers, architects, real estate professionals and the general public has proved Mayor Bloomberg’s housing goal to be valid and in many ways necessary. Yesterday, the New York Observer reported that the Department of Housing Preservation and Development is hoping to have another request for proposal (RFP) out on another 2-3 micro-unit developments throughout the City this year. We can’t wait to see what the next round of proposals for micro-apartments will look like, and we’re excited about this small new development trend within one of the world’s greatest cities.

The Observer's Jared Kushner, Joseph Meyer and CORE's Jack Cayre and Shaun Osher

To toast to the grand opening of CORE’s new Madison Avenue office and the launch of The New York Observer’s new lifestyle section, “NYO”, CORE partnered with the New York paper last night for an evening of celebrations at the Upper East Side’s Rouge Tomate.  Filled with Observer bigwigs including the paper’s owner, Jared Kushner, industry professionals, CORE agents and staff, developers, architects, members of the media and other invited guests, the night featured speeches from our CEO, Shaun Osher, and Joseph Meyer, CEO of The New York Observer, great food and outstanding conversation.  Check out the recap of last night’s event, courtesy of our friends at The Observer.

Check out scenes from last night’s party below:

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Last night’s The New York Observer’s 25^th Anniversary celebration at The Four Seasons Restaurant had no shortage of celebrities and other notable guests in attendance.  With names like Katie Holmes, Spike Lee, Rupert Murdoch and Donald Trump as guests, one could easily get lost in the crowd of New York’s most influential individuals.  This week’s “Photo of the Week” captures CORE’s very own Shaun Osher and New York City Mayor Michael Bloomberg having a meeting of the minds, taking a moment to chat as the event was underway.  Perhaps the two of them were discussing the real estate market in New York City or the latest episode of Selling New York!

CORE was a proud sponsor of last night’s event, along with several other real estate firms throughout the city.

A sampling of last week’s press coverage of CORE and CORE properties.

“Slim supply gives condo prices new pop”
Crain’s
Record rents, low interest rates and wealthy buyers looking to invest their fortunes are all helping to pump up the condominium sales market, Crain’s reports. One of the projects benefiting from the lack of new inventory is CORE’s Walker Tower development (above). “Walker Tower is shattering record prices for downtown,” CORE CEO Shaun Osher tells Crain’s. For more on Osher’s take on the current real estate market, read his comments on the new housing shortage.

“Trophies On Display: In Gaga Global New York, the Loudest Listings Bag the Billionaires”
New York Observer
In the Observer’s look at the current culture within Manhattan’s luxury real estate world (”If you’ve got it, flaunt it. That’s the new rule of thumb in luxury real estate, anyway.”), CORE Managing Director Emily Beare commented on the important roles advertising and publicity play in marketing expensive properties.

“What’s new”
New York Post
The Post’s big fall real estate preview featured CORE’s upcoming 93 Worth Street project on its cover. The former garment factory in TriBeCa, built in 1924, will launch sales later this fall with prices from $1,250 to $2,000 a square foot. Click here for more on the project.

A sampling of last week’s press coverage of CORE and CORE properties.

Walker Tower photos by David Dunlap for the New York Times

“Downtown Prices Are Set to Get Lift”
Wall Street Journal
Last week’s launch of sales at CORE’s Walker Tower development in Chelsea may prove that “ultrawealthy New Yorkers will pay some of the highest prices in the city for a spot in the funky neighborhood,” the Wall Street Journal reports. With 25% of Walker Tower’s 50 ultra-luxury condominiums already in contract, that certainly looks true. Read on for more about the project, including analysis from CORE CEO Shaun Osher.

“Developer in Chelsea Honors a Great Architect While Redesigning His Work”
New York Times
Veteran journalist and architecture historian David Dunlap explores a different path regarding Walker Tower’s launch, focusing on the complexities of the $200 million restoration and renovation of the pre-war Art Deco building, and explaining how new elements “were based on existing decorative motifs found in the building entrance and lobby or on archival drawings showing how Walker’s design evolved.” Also check out Dunlap’s great photos of some of Walker Tower’s original design flourishes.

“Walker Tower, 25 percent sold, gets a warm welcome from residential brokers”
The Real Deal

“Walker Tower: Historic Icon + Modern Luxury Will Cost You”
New York Observer

“See The Views From Walker Tower’s Opening Party”
Curbed
Completing a week of Walker Tower media mania, the building’s launch party and early sales success are covered online by The Real Deal, the Observer and Curbed, including some excellent photo galleries.

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A sampling of last week’s press coverage of CORE and CORE properties.

“Big Deal: Trophy Hunting”
New York Times
CORE chief executive Shaun Osher commented on the wave of “trophy apartments” for real estate columnist Alexei Barrionuevo’s piece on the most desired high-priced apartments in town. Barrionuevo also highlighted CORE’s new Chelsea development, Walker Tower, where sales will begin this month: “Several brokers said they were waiting for new downtown developments that will provide fresh trophy penthouses to challenge uptown’s dominance. Projects like Walker Tower in Chelsea (at 212 West 18th Street), where a two-floor, 12,470-square-foot penthouse is expected to list for $94 million later this summer.”

“Patience Pays for Chelsea Flipper on West 17th”
Curbed
Tom Postilio’s and Stuart Sussman’s sale at 246 West 17th Street in Chelsea (above) was featured on Curbed, which wrote, “Market timing helps, but patience and resolve seemed to pay off in this case.”

“Billionaire discounts $21.5M Fifth Avenue spread”
The Real Deal
Michael Graves commented on the tremendous amount of interest in the luxury segment of the real estate market for The Real Deal’s story on Seagram heir Charles Bronfman, who is marketing his full-floor apartment at 810 Fifth Avenue for $21.5 million.

Go West!
The Observer’s Luxury Rentals
Elizabeth Kee was interviewed on the growth of Midtown West in the Observer’s bimonthly magazine on the luxury rental market. (Please see page 15 for the story.)

“Just sold!”
New York Post
Michael Graves’s sale of a small Upper West Side condo at 595 West End Avenue was featured.

A sampling of last week’s press coverage of CORE and CORE properties.

“Dial C for Condos”
New York Times
CORE’s Walker Tower project, the conversion of a classic pre-war Art Deco telephone building into 53 luxurious residences, made a splashy debut in the New York Times over the weekend. The paper wrote: “The developers say they are sparing no expense in the furnishings and finishes. The 12- to 15-foot-high ceilings will be coffered. Radiant heat will course through French-oak herringbone floors.” Curbed and the New York Observer also weighed in on the initial Walker Tower details, and The Real Deal added that CORE’s Emily Beare and Vickey Barron will head up the sales team.

“Stalled LIC condo set to hit market in April”
The Real Deal
Walker Tower wasn’t CORE’s only big reveal last week. Long Island City’s One Murray Park was also unveiled on the CORE Blog, and The Real Deal spoke with CORE’s Doron Zwickel about the launch of sales. Curbed also shared the initial details about the project, which is the first new LIC development in over a year.

“House of the Day”
Wall Street Journal
Adrian Noriega’s colorful loft listing at 15 West 20th Street was spotlighted by the Wall Street Journal, which explains that the design is inspired by an Indian color palette. Click through for an excellent slideshow.

“Meet Walker Tower, the Newest Pre-war Building in Town”
New York Observer (11/14)
CORE’s newest development is Walker Tower, and news of the building was broken on the CORE Blog. The Observer followed that up with a look at the Chelsea building’s pre-war credentials. The weekly writes, “So if you’re looking for a new pad and want the pre-war facade without the pre-war maintenance fees, this might be a good place to start.” At right is an undated archival photo of Walker Tower.

“Chelsea’s Sleeping Giant Remade as Luxury Condos With 14-Foot Ceilings”
Curbed (11/14)
Curbed also jumped on the Walker Tower news early, cementing the building’s status as a spring blockbuster-to-be. Here’s a taste: “One of the more remarkable features is its lofty ceiling heights—since each floor is nearly 15′ tall, the whole building looms over its neighbors, affording gobsmacking panoramic views to the south, west and north.”

“$849,000 for an 1830s 1BR With a Very Cozy Footprint”
Curbed (11/11)
For its “Six Digit Club” feature, highlighting the best listings priced under $1 million, Curbed took a look at Ivana Tagliamonte’s co-op listing at 47-49 King Street, which is a landmarked 1830s Federal-style brick rowhouse. Wrote Curbed, “OMG, cute.” We concur.