LUXURYLETTER JANUARY 2013

150 CHARLES STREET (ARTIST’S RENDERING) This advertisement is not an offering. It is a solicitation of interest in the advertised property. No offering of the advertised units can be made and no deposits can be accepted, or reservations, biding or non-binding, can be made until an offering plan is filed with the New York State Department of Law. Sponsor: 150 Charles Street Holdings, LLC, 130 East 59th Street, 15th Floor, New York, NY 10022. This advertisement is made pursuant to Cooperative Policy Statement No.1, issued by the New York State Department of Law. File No CP12-0023.

2013: THE YEAR OF NEW CONSTRUCTION As 2012 draws to a close with a shortage of inventory of high quality apartments, especially Downtown, 2013 promises to be THE YEAR OF NEW CONSTRUCTION in the real estate market. A flurry of new buildings are heading our way, including the highly anticipated, once-in-a-lifetime West Village building, 150 Charles Street. This remarkable building designed by Cook + Fox with interior architecture by Allan Wanzenberg will house 91 units with an unprecedented variation of floor plans and styles of apartments, including many with private terraces, offering the ultimate Village experience with a comprehensive list of amenities including a 75-foot swimming pool and a parking garage. With over 40,000sf of landscaped terraces, delivered fully planted, this building delivers a checklist of ‘buyer dreams’ that will indeed make it a collector item in the West Village. 150 Charles Street’s proximity to the and the Greenwich Village community of tree-lined cobbled streets, quaint restaurants and exclusive boutiques makes it the most desirable building in decades. Other highly anticipated buildings coming in 2013 include 56 , the resurrected One Madison Park and the penthouses of The Puck Building in Soho. It will certainly be an exciting year, with many interesting new additions to the Manhattan skyline. LEONARD STEINBERG

JANUARY 2013 SELECTION

497 SOHO 372 FIFTH AVENUE MIDTOWN

NEW! The best of modernism: At the crossroads of NEW! One bedroom with sleeping loft in a 24-hr Soho, The Village and , this ultra-wide, sleek doorman building, directly on Fifth Avenue moments condo affords over 2,600sf of living space with 2 from the SETAI, Morgan Library, Grand Central balconies in a full service building with a swimming pool Station, the Garment Center and so much more. Roof moments from the Hudson River Park. deck. Pied-a-terre allowed $499K $ 4.25m

85 LEONARD STREET TRIBECA 115 FOURTH AVE GREENWICH VILLAGE

NEW! A private floor 2 bedroom + study condo. loft on Rarely available this 2 bedroom, 2 bath corner loft at a prize street in Tribeca. Grand proportions feature The Petersfield Condominium offers outstanding throughout this MINT Southern lit home. A fireplace, exposures, 11’ ceiling, Chef kitchen and more. Minutes dreamy Master Suite and the ultimate luxury: a huge, from Union Square. Full time doorman, roof deck. 750sf+ storage room in the basement. $2.95m Available for Rent 1/1/2012. Asking: $7,750/month

For more information on any of these properties, or to schedule appointments, please call: (212)727-6162

JANUARY 2013 SELECTION

205 EAST 63rd STREET UPPER EAST SIDE 205 EAST 63rd STREET UPPER EAST SIDE

BEST PRICED THREE BEDROOM! This south-facing, This perfectly proportioned high floor studio sunny apartment is an incredible find: This superbly apartment features a gracious entry foyer with a located high-floor, south facing 3 bedroom Upper East charming, quiet sleeping alcove, a large living Side apartment boasts superb light all day long, with a and an abundance of closets. Unit can be combined gracious layout and wonderful, generously proportioned with 8B. $375k rooms. $999k 40 BOND STREET NOHO 57 EAST 75th STREET UPPER EAST SIDE

In Noho’s most prestigious building and block, this rare Prime location! Charming, tri-level apartment, Wood- duplex townhouse features a beautiful private garden, a burning fireplace in the cozy first-level living-room, large eat-in kitchen, 3 full bedroom suites and a large, renovated kitchen and dining area just a few dramatic double-height living room featuring a Herzog steps up. On the upper level is a large sunny bedroom De Meuron designed architectural stairway. $6.25m with walk-in closet + Juliet balcony. $699k

For more information on any of these properties, or to schedule appointments, please call: (212)727-6162

JANUARY 2013 SELECTION

270 TRIBECA 270 BROADWAY TRIBECA

Extraordinary, five bedroom suite Steven Harris- This duplex (brand new, never-lived-in) penthouse designed penthouse in an A-grade full service building features a supreme quality renovation with three with panoramic, wraparound protected views and bedroom suites and an amazing rooftop terrace with incredible light in every room. No expense spared magical protected southern views towards the Gehry renovation, with two magnificent terraces and every Tower and the : dreamy light conceivable luxury and amenity. $12.5m streams in through 22 windows all day long. $6m 92 LAIGHT STREET TRIBECA 173 PERRY STREET WEST VILLAGE 2.63

Located in the best Tribeca riverfront full service Located directly on the Hudson River Park in a Richard condominium, this large real 3 bedroom home boasts Meier designed contemporary masterpiece, this full superb views in four directions. Superb proportions floor 2 bedroom, 2.5 bathroom showstopper with a and finishes feature throughout, with a grand master balcony basks in light all day with protected views in a suite and exceptional entertaining space. $6.95m premium full service building. $4.495m

For more information on any of these properties, or to schedule appointments call: (212)727-6162

422 WEST 20th STREET – NEW RENTAL! WEST CHELSEA 285 LAFAYETTE STREET - RENTAL SOHO

NEW! Located in a brand new building on the exquisite NEW! Unlike anything anywhere, this grandly scaled Seminary block of West Chelsea, this efficiently laid 3,200sf+ one-bedroom loft in an A-grade full service out, gorgeous, never-lived-in 2 bedroom, 1 bathroom doorman condominium features dramatically scaled apartment overlooks the magical Seminary gardens entertaining space, a massive kitchen and a bedroom across the street. Hurry! $4,750/month with a brand new en suite bathroom. $25k/month

144 DUANE STREET TRIBECA

Built in 1862, and recently gut renovated to the highest standards, this exceptional limestone LOFT MANSION located in the heart of Tribeca is a one-of-a-kind masterpiece. With 30,000 sq. ft. of usable interior space, this is one of the largest and most beautiful properties to ever become available downtown. Built 41ft x 109ft with six floors above grade and two floors below grade, this property has been completely renovated both structurally and cosmetically to retain the structure's original character. The grand proportions of this building, with ceiling heights ranging from 12-17 feet, huge windows and multiple skylights bathe all areas with superb light. Brand new mechanical systems and an elevator are in place, as well as top-of-the-line appliances, fixtures and hardware. The building features an owner's penthouse (approx. 11,000 sq. ft. of living space) on the 4th, 5th and 6th floors with an extraordinary, fully landscaped roof deck and terrace (2,775 sq. ft.). This Penthouse also comes with a private gym and half basketball court in the basement (2,650 sq. ft). The property generates substantial rental income from two floors of meticulously renovated rental units (2nd and 3rd floor, 4000 sq. ft. each) that if desired can be delivered vacant, and a high end showroom on the ground/retail floor with a half basement (7,750 sq. ft.).

Offered at $49.5million

For more information on any of these properties, please call: (212) 727-6162

WEST CHELSEA – ON THE HIGHLINE PARK 245 TENTH AVENUE – LAST REMAINING UNIT! Perched directly alongside The Highline Park, this last remaining unit in this brand new West Chelsea stainless

steel clad modernist landmark has the largest private terrace. With one bedroom and two bathrooms with an enormous kitchen, this showstopper sits in the heart of

the Chelsea Art’s District, minutes from the new Whitney Museum and AVENUE’s school. $1.75million

306 MOTT STREET – PENTHOUSE – NOHO/SOHO At the crossroads of Soho, Noho and the East Village, perched above its neighbors, this unusually unique 5 bedroom triplex is like a townhouse in the sky, surrounded by windows that engulf the space with light and views over the surrounding skyline. With beautifully renovated bathrooms and a gourmet kitchen, fastidiously outfitted with wood cabinetry, stone counters, a WOLF range, Sub Zero fridge and other Miele appliances, this home also boasts a rooftop terrace with gorgeous views including the Empire State building. Within moments of Whole Foods, several subway lines, all shopping, restaurants and amenities. The boutique condominium building features a part time doorman. $4.5million

JANUARY 2013 REPORT

MINILUXE – VOLUME UP, PRICING STABLE Although smaller, luxury is not compromised, priced between $1million and $2million.

# of properties sold: 190 SIGNED AND CLOSED (UP COMPARED TO PREVIOUS MONTH) Average price: $1,486m ($1,221/sf EVEN compared to previous report) Average Size: 1,221sf (DOWN compared to previous report) OUR ANALYSIS: * Pricing remains even above $ 1,200/sf. * Sales volume rises nicely. Pricing remains stable. Inventory remains low.

MIDILUXE –VOLUME UP SHARPLY, PRICING SLIPS Mid-sized luxury properties, priced between $2million and $4million

# of properties sold: 110 SIGNED AND CLOSED (UP notably compared to previous month) Average price: $2,779m ($1,391/sf) (DOWN compared to previous month) Average Size: 1,999sf (UP compared to previous month) OUR ANALYSIS: * Pricing slips again after previous months' decline. Volume recovers after weaker Sandy- related November.

ULTRALUXE –VOLUME AND PRICING RISE SHARPLY Larger, luxurious properties priced between $4million and $5million

# of properties sold: 15 SIGNED AND CLOSED (UP compared to previous report) Average price: $4,417m ($1,857/sf, DOWN from previous report) Average size: 2,403sf (UP compared to previous month) OUR ANALYSIS: * Activity recovers, up 50%. Pricing rises notably, heading towards the $ 2,000/sf mark.

MEGALUXE –VOLUME AND PRICING SOAR Large, exceptional properties, priced over $5million many with private outdoor space

# of properties: 42 SIGNED AND CLOSED (UP compared to previous month) Average price: $ 9,229m ($2,669/sf. UP compared to previous month) Average size: 3,504sf (DOWN compared to previous month) * A record breaking December: Did activity accelerate due to year-end expiring tax laws? * This is where the strength of the market is. * Is this sector approaching $ 3,000/sf? It appears so.

HOUSELUXE – INCREASED ACTIVITY Larger, Single family townhouses are a rare breed in the Downtown market.

# of properties: 20 SIGNED OR CLOSED (UP compared to previous month) Average price: $ 5,733m (DOWN compared to previous month) Average width: 19 feet OUR ANALYSIS: * Increased activity swallows inventory: A large volume of townhouses will experience gut renovation in Chelsea in2013/2014, possibly introducing entirely new pricing to the area.

FOR FURTHER INFORMATION OR TO SCHEDULE A CONSULTATION t:(212)727-6162

Leonard Steinberg, Hervé Senequier, Lois Planco, Matt DOUGLAS ELLIMAN Amico, Glen Jackson, Amy Mendizabal, Helene Gresser, 26 West 17th Street 7th Floor Kane Manera, Aimee Scher and Maria Hadjidemetriou New York, NY 10011 are consistently Downtown’s leading brokers specializing in the luxury real estate market with a proven track record for integrity, professionalism and results. For more information about our unique full service brokerage, view: www.luxuryloft.com T:(212)727-6164 REAL ESTATE SOLUTIONS

***While every effort has been made to provide accurate, up-to-the minute information based on closed and contract-signed transactions, the information is provided subject to errors, omissions and changes. Our criteria for luxury may be different to others. Some prices are estimates only as they have not closed yet. For 100% accurate information, please consult a legal professional to perform the necessary due diligence.

LUXEFIND – A NOVELTY, VERSATILE SHELVING SYSTEM

BOFFI, mostly known for its sleek kitchens, interiors and modern furnishings, has collaborated with architect Victor Vasilev, known for his graceful mix of modern and traditional elements. Tall units with shelves, available in different heights and depths create a characteristic composition with irregular profile and very versatile use. Usable in every room of the house. The mirror on inclined front side (available upon request) personalizes the single module in bathrooms. The Milan based architect has designed innovative storage solutions in blind shapes for Boffi, drawing inspiration from the profiles of high-rise buildings in New York. The CTline, these blinds for inside actually feature vertical units with shelves that impressively works as ‘staggered floors’ in varied heights and depths: this modular shelving system creates a characteristic composition with an irregular profile. www.boffi.com

theLUXURYLOFTteam REAL ESTATE SOLUTIONS

Leonard Steinberg

Hervé Senequier

Lois Planco

Matt Amico

Glen Jackson

Amy Mendizabal

Helene Gresser

Kane Manera

Aimee Scher Maria Hadjidemetriou