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Milestones & Models at 305W16

New York Daily News // Feb 24, 2012

What is Chelsea’s most stylish new building? According to the New York Daily News, it’s 305W16, the art-infused residential building at Eighth Avenue and 16th Street where CORE is the exclusive sales and marketing firm. The paper’s full-page story today sings the praises of 305W16, and not without reason. As reported by Curbed earlier this week, the 53-unit building has reached the 75% in contract and sold mark, a great achievement in what is typically a slow season for real estate. Curbed also has the first photos of the latest model apartment at 305W16 (one of which can be seen above), a two-bedroom/two-bathroom unit on the second floor with a lovely private terrace priced at $1.35 million.

The building has seen brisk sales activity in February, and now that the press is taking notice, we asked CORE’s Maggie Kent what all the fuss is about. Here’s what she told us:

Traffic to the building has really been excellent lately, and for most people these are their return visits. Inventory in Manhattan is low and buyers recognize that this is a great value, and with only a handful of apartments left, people who want to be in the building are making their moves. They’re responding to the product, the location, and the fact that it’s new. And with the weather this winter being on our side, the rooftop is getting a huge response, and the apartments with private outdoor space are seeing a lot of interest.

Plus, as the Daily News noted, “It doesn’t hurt to be a few feet from the Google building.” For a current list of availability in the building, click here.

Original Article: New York Daily News