Finest property developments within the luxury sector in New York

November 18, 2014 | Author: | Posted in Misc

A selected group of luxury property designers in New York City has been the driving force behind a few of the city’s most beautiful domestic structures in recent history. Here is a conversation of 2 long-standing companies who have altered the face of luxury in America.

Related Companies

A famous luxury real estate company, Related Companies develops high end houses in a number of huge cities in the United States, such as New York City, Chicago, San Francisco, Boston and Los Angeles.

Covering rental and sale of properties, the company has declared the new developments of significant homes in the past few years. In overall, the company has handled the development of 25,000 luxury residential units.

Its apartments units consist of 1214 Fifth Avenue and 1 MoMA Tower in New York City; and The Century property in Los Angeles. The previous is based on the Upper East Side of Manhattan, with stunning views of Central Park and a rooftop sun terrace. The latter features ultra luxury domestic apartments with afitness center and catering cooking area.

Zeckendorf Development

The renowned Zeckendorf brothers are the grandsons of the popular Zeckendorf Sr., a property mogul who made his name in real estate. His legacy led to his descendants’ financially rewarding step into property development, which focuses primarily on luxury condominiums in the Manhattan area of New York.

The Zeckendorf brothers have combined forces with successful investment focus company Global Holdings on numerous development projects. All have shown to be profitable, with sales going beyond the millions mark. Global Holdings CEO, Eyal Ofer has been instrumental in the creation of lovely apartment such as luxury property blocks, commercial properties, and luxury hotels.

Examples of their joint work includes 15 Central Park West and 18 Gramercy Park, both expensive condominiums either converted from previous property or built completely from scratch. Other buildings built by the strong development and financing group include 50 United Nations Plaza, a condo with apartments being set aside to be sold for a minimum of $2.11 million for a one bedroom lot. The appeal has been enhanced by the use of designers such as Foster + Partners, whose first residential development was the famous 50 United Nations Plaza.


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