CORE is delighted to confirm that sales have officially launched at 241 Fifth!  The New York Times got an exclusive look at the project and spoke with the project’s Director of Sales, Doron Zwickel.

Boasting 46 condominium units conveniently situated between 27th and 28th streets, 241 Fifth also carries the unique distinction of being the only ground-up construction residential project in the trendy neighborhood of NoMad.  Designed by Eran Chen of ODA-Architecture, these homes offer an inspired blend of sophisticated and contemporary style right in the heart of the Manhattan.

Residents will enjoy views overlooking the historic Flatiron District and Madison Square Park.  Thoroughly modern interior design elements will include stained white oak flooring and white-finished fixtures from the Zuchetti-Kos Faraway Collection.  Residences also feature oversize windows, kitchens with a suite of Miele appliances, bathrooms with a deep-soaking tub, glass-enclosed shower and solid teak wall detailing.

The building’s amenities package features 24/7 concierge, a rooftop terrace, a fitness center equipped with state-of-the-art cardio and weightlifting equipment, a Zen tranquility room for yoga, Pilates or meditation, a residence lounge and private wellness treatment room, which offers a serene space for massage or beauty treatments.

An exclusive landmark address with unparalleled detail, 241 Fifth promises to be the most desirable residential destination in NoMad.  We’ll have more news soon, including details on the 241 Fifth launch party!

If you’ve been near Madison Square Park lately, you’ve probably noticed a building rising on Fifth Avenue between 27th and 28th Streets. Over the course of this past year, every time we pass by the site, we’re wowed by the building’s progress. Since no one ever stays put in NYC to watch a construction site in evolution, we’re excited to share this construction time lapse video of our new development project at 241 Fifth

Where: 11 East 29th Street, #29B
Size: 2 bedrooms, 2 bathrooms
Asking: $1,695,000
Listed by: Tom Postilio & Mickey Conlon

If good views and great light top your list of priorities (and is there anyone out there who doesn’t value those qualities?), then this high-floor unit in the Sky House is the one for you, boasting nine large windows and exposures looking out onto Fifth Avenue’s architectural icons. The floor plan is elegant and practical, with winged bedrooms that provide privacy, and ample living and dining space. And while good design is never an accident, sometimes a little bit of luck does come into play in real estate. The Sky House’s location on East 29th Street, neither Midtown nor Downtown, was seen as a drawback by some when the building first went up, but the neighborhood has been surging the last few years. Dubbed NoMad, a wave of new boutique hotels, restaurants and shops have turned the area into one of Manhattan’s most exciting (and investment-worthy) neighborhoods. But we digress. Let’s get back to those lovely views.

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

“Added Life, Costs on West 29th Street”
Wall Street Journal
The WSJ included Parul Brahmbhatt’s quirky listing at 120 West 29th Street (right) in its look at how the boutique Ace Hotel has transformed the neighborhood now being referred to as NoMad. We took a closer look at the topic last week.

“Manhattan Sales and Rental Projects Hitting the Market in 2012″
Curbed
The 54-unit Walker Tower, an ultra-luxury Art Deco condo conversion being brought to the market in the spring, is highlighted in Curbed’s map of new developments to watch in 2012.

“Development updates”
The Real Deal
The Real Deal reported that just two apartments remain available at 83 Franklin, the new Tribeca luxury rental building that starred on an episode of “Selling New York” last month. Apartments in the building have rented for up to $22,500 a month.

New York City’s neighborhoods are always evolving, whether it’s an established area like Fifth Avenue by the park, or a neighborhood without a name. Today the Wall Street Journal shines a light on the area that’s not quite Chelsea, not quite Midtown, and, up until a few years ago, was only known for its discount electronics and fragrance stores. Now the neighborhood has a flashy nickname, NoMad (for north of Madison Square Park), and a boutique hotel, the Ace that is driving all sorts of new restaurant and retail development.

Who stands to profit? Local property owners, of course. “Real-estate people predict the pace of development in the area will continue in the next few years,” the Journal writes, hinting at high-end projects to come like the NoMad Hotel a block away from the Ace on Broadway and 28th Street. Will residential real estate prices mirror the neighborhood’s rise? The paper highlights a handful of for-sale apartments in its look at NoMad, including the one-of-a-kind apartment at 120 West 29th Street listed by CORE’s Parul Brahmbhatt, seen here. (It also made the WSJ’s neighborhood map, right.) It just goes to show that sometimes all it takes is a spark, or in this case, a hotel, to change a neighborhood’s fortunes — and a wise buyer knows when to check in.