With the average condo price up over 15% over the past two years, new developments nearing completion as others are announced, and some of the world’s best architects creating new NoMad gems, the Nomad real estate market is always humming.
This month the big stories are the marketing of Morris Adjim’s Gothic Inspired Condo Tower at 30 East 31st Street and the unveiling of the amenities at Rafael Vinoly’s NoMad skyscraper.
The Morris Adjmi Tower design tips its hat to the surrounding NoMad architecture. The 500-foot tall property features six fluted terra cotta piers that soar from the ground to a crescendo of gothic-like arches. The buildings ground floor façade is a beautifully clean reference to classically-inspired deco architecture. Mr. Adijmi noted, “Our goal with 30 E 31 was to capture the essence of this historic neighborhood reimagined in a contemporary and luxurious 40-story tower.”
The interior features floor-to-ceiling windows, 7-inch-wide plank European oak flooring, solid core interior doors, custom millwork and designer hardware throughout, with stunning kitchen and baths with the highest quality appliances and fixtures. Amenities include; a viewing garden, private dining room, catering kitchen, fitness center, and lounge space.
Erik Ekstein, President and CEO of Ekstein Development Group summarized the building’s pluses, “The combination of the tower’s premier location, Adjmi’s superlative design, our commitment to using only the finest custom materials and the addition of amenities and services usually reserved for larger scale condominiums, makes 30 East 31 a unique opportunity for buyers seeking a luxury boutique building in Manhattan.”
It has just been announced that a duplex penthouse in the building will market at $12 million. Mr. Adjmi designed the penthouse inside and out. The 3,354-square-foot living space includes three bedrooms, three-and-a-half bathrooms, a 32-foot wide living room with views of Midtown and downtown Manhattan, a kitchen with a wet bar and a pantry, and a formal dining room.
Rafael Vinoly’s 277 Fifth Avenue building (at 29th Street) will be 55 stories tall and add 130 new condos to Nomad. Nearing completion the building is being developed by Victor Group and Lendlease. The first tenants are scheduled to move in later this year.
The Vinoly tower has a significant selling point as Moshe Shuster, President of Victor Group pointed out, “Given that views are the quintessence of Manhattan luxury, we created breathtaking panoramas by purchasing the air rights from six surrounding sites. This enabled us to prevent surrounding vertical growth that might jeopardize our residents’ views. It also allowed us to build desirable residences in a tower with four completely usable corners.” Further enhancing apartment views, residences only begin on the eleventh floor, giving each unit the benefit of a view.
The building will offer a Technogym fitness center, entertainment lounge, private dining area, spas with steam and sauna, a children’s playroom, a game room, and the lobby will have a library with double height bookcases. That’s a great list, but it is the design of these spaces which really set the Vinoly amenities apart. We haven’t seen designs as splendid as these designed by Jeffrey Beers.