Strong Sales Momentum as a Result of Distinguished Design and Attractive Pricing
HFZ Capital is pleased to announce that the company has officially commenced closings at 88&90 Lexington Avenue, a “happy coupling” of two distinct buildings in the heart of NoMad: one pre-war and one post-war. The first move-ins at both buildings, which were reimagined by New York-based design firm Workshop/APD, are underway. With a sophisticated collection of one to four-bedroom residences featuring loft-like layouts, high ceilings and oversized windows, 88&90 Lex offers a new look at urban living.
“In collaboration with Workplace/APD, we’ve been able to successfully conceptualize our vision to create a unique residential experience that combines classic with contemporary,” said Alicia Goldstein, Senior Managing Director and President of Sales and Marketing for HFZ Capital.
“88&90 Lex features an innovative blend of pre- and post-war architecture, desirable NoMad location, sought-after amenities and attractive price points that are resonating well with buyers. Another noteworthy attribute is that the residences are available for immediate occupancy, eliminating the waiting period that usually occurs when purchasing at a newly constructed building” said James Lansill, Senior Managing Director of Corcoran Sunshine Marketing Group, exclusive sales and marketing firm for the development.
With this major milestone, the building has released a select number of larger-sized homes, including a corner four-bedroom residence with 10’-2” ceilings and incredible natural light streaming through oversized windows, asking $5,750,000 and a south facing three-bedroom residence with an oversized living and dining room for entertaining, asking $4,820,000.
88&90 Lex is a rare architectural feat. Where else can you find a tall, classic 1927 building with Art Deco details connected to a Postmodern building, complete with a stunning new façade.
“Some people are naturally drawn to either pre or post-war styles. We’re able to offer the best of both worlds,” added Goldstein. “It’s a beautiful dichotomy.”
Built in 1927, 88 Lex features graciously scaled living areas, high ceilings and gallery-inspired art walls. Built in 1958, 90 Lex received a “facelift” where the developers replaced the original façade with sand-colored stone with sharp, clean lines that accentuate the floor-to-ceiling windows.
The residences are graced with a distinctive palette of French limestone, silver travertine, and fumed grey oak floors, and the model home is adorned with Mid-century modern décor and has dramatic 10’ 4” ceilings. Interior details include cove and recessed overhead lighting, 8’ solid wood interior doors, and concealed window pockets pre-wired for electronic solar shades.
88&90 Lex share over 8,000 square feet of handsomely designed amenities for health, wellbeing and leisure. A 60-foot L-shaped swimming pool and adjacent whirlpool will be situated beneath a double height atrium for a wealth of warm, natural light. Additional lifestyles amenities include:
* Residents’ Lounge with adjacent Screening Room equipped with top-of-the line HD and surround sound
* State-of-the-art fitness center with attached sauna and steam room
* Children’s Playroom with a variety of age-appropriate, stimulating games, toys, and climbing wall
Prices for residences range from $1.905 million to $5.75 million. The Sales Gallery is located at 88 Lexington on the seventh floor. For additional information or to schedule a private appointment, please contact Corcoran Sunshine Marketing Group at 212-685-8890 or visit www.88and90Lex.com.
ABOUT HFZ CAPITAL GROUP
HFZ Capital Group is a Manhattan-based real estate investment and development firm with expertise in a broad range of real estate disciplines including underwriting analytics, structured finance, investment, development, construction and asset management. HFZ capitalizes on development and investment opportunities both in the U.S. and abroad and has acquired, owned, developed and operated properties across many asset classes, including residential, hotel, retail, sports and entertainment. Ziel Feldman, HFZ's Founder and Managing Principal, has championed the development of mixed-use luxury properties for over 25 years across a broad range of Manhattan neighborhoods with over 12,000 residential units bought, sold and developed. Today HFZ is managing and developing over 4 million square feet of Manhattan real estate. The company has a stellar reputation for restoring and preserving historic buildings to their original grace and refinement, as well as ground up developments that deliver architecturally significant properties through collaboration with renowned architects and designers. www.hfzcap.com
