Soho Properties Introduces 45 Park Place, 50 Individually-Designed Luxury Homes by Piero Lissoni

6/5/17

Sales Launchfor Iconic Tribeca Tower in the Heart of the New Downtown, Created and Designed by a Consortium of Groundbreaking Talents

New York-based real estate investor and developer Soho Properties announces the commencement of sales for 45 Park Place, an exclusive collection of contemporary loft and tower residences in the New Downtown area of Tribeca designed by interior designer Piero Lissoni and architect Michel Abboud of SOMA. Stribling Marketing Associates is directing the sales and marketing efforts for the property, with a team led by Elizabeth Stribling and sales directed by Sean Murphy Turner and Mary Ellen Cashman.

“We are proud to be working with such an extraordinarily creative design teamand excited to see45 Park Place coming to fruition,” said Sharif El-Gamal, chairman and CEO of Soho Properties. “We are honored to know that this remarkable tower will be a striking contribution to the New Downtown. It is humbling to see our vision for, not only the building, but the overall neighborhood,materializing. We look forward to the continued renaissance of this neighborhood as 45 Park Place comes to life.”

The collaboration at 45 Park Place has brought together some of the most celebrated talents in the design world for this innovative partnership, including Piero Lissoni for his first New York residential condominium development. Additional artists involved in the conception of this limited edition of unique residences include Michel Abboud of SOMA as the design architect and Ismael Leyva as the architect of record. The tower’s plaza, garden and neighboring proposed future museum will be designed by world renowned architect Jean Nouvel.

Residences at 45 Park Place offer exclusive amenities designed by Piero Lissoni, including a spacious double-height, 24-hour attended lobby and garden, a luxurious 50-foot indoor pool and spa, a resident’s club, fitness center andyoga/barre studio as well as a children’s playroom.

Piero Lissoni and Michel Abboud have designed three very distinct residential collections for 45 Park Place, each with unique attributes: theLoft Residences, encompassing floors 6-23, and the Tower Residences, on floors 24-39, and two exquisite duplex Penthouses at the pinnacle of the tower.

The Loft residences are a collection of one, two-and-three-bedroom homes with soaring ceilings and ultra-modern design and finishes, befitting of its Tribeca location.

The Tower Residences are unique three-and-four-bedroom full-floor homes with 11’ ceilings encased in floor-to-ceiling glass curtain walls that provide owners with 360 degree views of the Manhattan skyline. The key feature of these Tower residences is the breathtaking Great Rooms with triple-exposure (North, West and South) views that will provide residents with vistas of the Statue of Liberty, the World Trade Center, the Hudson River, Midtown Manhattan and the Empire State Building.

“Stribling is pleased to introduce 45 Park Place to the New Downtown market. The homes offer an incredible opportunity to be a part of a novel residential landmark in historic Tribeca,” said Elizabeth Stribling.“Lissoni’s sleek,contemporary design details have been incorporated into all 50 residences. Each home is a true work of art. These condominiums will undoubtedly be one of the most desirable properties in 2017.”

Each Loft andTower residence at 45 Park Place will feature select-grade white oak flooring throughout all bedroom and living spaces as well as custom designed Italian limestone and marblelining the floors and walls of all bathrooms. Every residence will feature top-of-the-lineBoffi-designed kitchens, stainless steel fixtures, white Corian countertops and Gaggenau appliances.

Master bathrooms in eachLoft residence will feature heated floors of beautiful honed white Carrara marble and walls clad withtextured RAW white Carrara marble from Salvatori, as well as white stone baths andcustom-designed vanities imported from Italy. The Tower residences’ master bathrooms will feature rich,dark Italian Pietra d’Avola heated limestone floors withstrikingwalls of textured RAW Pietra d’Avola dark limestone from Salvatori.Tower residences’ master bathrooms will also feature free-standing tubs,white matte lacquered vanitiesand a private water closet with a wall-mounted Duravit toilet (and a bidet in select residences). All bathrooms and kitchens inthe residences will feature custom designed Italian-made Stainless Steel tapware.

Construction commenced at 45 Park Place in June 2016 and is expected to be completed in early 2019. The sales office for 45 Park Place is at 74 Leonard Street. For more information, see the tower’s website at 45parkplaceny.com.

About Soho Properties:

Soho Properties, Inc. is a commercial real estate investment firm and owner of office, multi-family and retail developments founded by Sharif El-Gamal in 2003 in New York City. The Soho Properties team arranges and participates in real estate investments in office, residential and retail property markets in New York City, generating opportunities for its clients through the acquisition of both single assets as well as portfolios. Soho Properties recently announced plans for a $300 Million development of a new hotel and retail offering in Times Square.

Stribling Marketing Associates:

Stribling Marketing Associates is one of the most respected and successful development marketing groups in Manhattan, specializing in consulting, marketing and sales of new developments and conversions. With over twenty-five years of experience, the Stribling Marketing Associates team has represented some of Manhattan’s most architecturally significant properties, including The Plaza Private Residences, Philip House at 141 East 88th Street, 252 East 57th Street, 130 West 12th Street, Devonshire House at 28 East 10th Street, 210 West 77th Street, 221 West 77th Street, 360 Central Park West, 151 East 78th Street, The Shephard at 275 West 10th Street, 508 West 24th Street, One Vandam, 211 Elizabeth Street and numerous projects in Brooklyn.

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