10 of the 18 residences at Gotham’s newest condominium project under contract
Gotham Organization, a New York City-based real estate development firm, is pleased to announce that its newest residential project – Inkwell – a schoolhouse-to-condominium designed by New York-based design firm AvroKO – is more than 50 percent sold. Located in the heart of Manhattan’s bustling Hell’s Kitchen neighborhood, 10 of the building’s 18 residences have signed contracts. Closings are scheduled to commence later this month, with the remaining units ready for immediate occupancy. Brown Harris Stevens Development Marketing, led by broker Lisa Lippman, are exclusively handling the marketing and sales for the project.
The five-story, pre-war brick buildingconsists of 16 two-bedroom residences, ranging in size from approximately 1,200 to 1,400-square-feet with prices starting at $1.78 million. There are also two three-bedroom residences comprising approximately 2,000-square-feet. The three-bedroom residences include private gardens and start at $2.8 million.
“The sales velocity at Inkwell is a true testament to the high quality design, craftsmanship and dedication to preserving its early 20th century authenticity,” said David L. Picket, president of Gotham Organization.
Housed in the former PS51 elementary school, the Inkwell condominium re-contextualizes the turn-of-the-century architecture by taking inspiration from the building’s history and injecting it with luxurious modern touches. The 18 apartments feature custom door frames and transoms, complete with brass knobs and full-height library ladders on rails that operate along slides to reach ceiling-height custom cabinetry. Blackboards featured in the entryways and AvroKO-designed custom lighting and millwork are found throughout, including the residents' mailboxes in the lobby, a custom caged ceiling fan in the gym, entry closets in each apartment with extra storage compartments and bespoke light fixtures in the kitchens and bathrooms.
“Inkwell’s 13-foot ceilings and spectacular 10-foot windows are endemic of its distinctive architectural legacy,” said broker Lisa Lippman of Brown Harris Stevens Development Marketing. “The old-school charm - coupled with its luxurious finishes - is what makes Inkwell stand apart from anything else in the marketplace and has continued to attract strong interest.”
Inkwell building amenities include a gym with an outdoor lounge and bike and tenant storage.
For more information, visit www.InkwellNY.comor call 212-712-1145.
About Gotham Organization
Founded in 1912, Gotham is a New York real estate developer, owner and property manager delivering smart and stylish life experiences that transform the buildings and neighborhoods where tenants and consumers live, work, shop and dine. Its three business divisions, Gotham Development, Gotham Properties, and Gotham Hospitality, offer a diverse and evolving portfolio of luxury rentals, condominiums, retail and mixed-use spaces, a full-service property management business, and the artisanal food halls Gotham West Market and Gotham Market at The Ashland.
Gotham, a privately-held business known for thorough attention to detail and a talented, seasoned staff, shows its ingenuity by creating innovative real estate concepts, unique value-maximizing investor opportunities using public-private financing structures, and resident environments and experiences that set the standard for the industry. Gotham’s rich legacy includes the transformation of Hell’s Kitchen through the development of Gotham West, the first 50/30/20 affordable housing development in New York City, including Gotham West Market, the trendsetting food hall that garnered two stars from The New York Times; leadership in dormant markets, such as the development of New Gotham, the first luxury residential building constructed out of the slowdown in the 90’s; and the development of Harlem USA, a major commercial project for a historically underserved neighborhood. Gotham is dedicated to enriching the lives of residents, from first-of-a-kind resident event offerings in the early 2000’s to its latest evolution, the launch of a city-wide cultural pass offering special benefits, access and discounts to institutions, retailers and restaurants exclusively for Gotham residents.
For more information, please visit: www.gotham.com.
About Brown Harris Stevens Development Marketing
Brown Harris Stevens Development Marketing specializes in the planning, marketing, and sale of best-in-class New York City residential developments and conversions. Brown Harris Stevens, established in 1873, is the premier provider of residential real estate services in Manhattan. The firm has offices throughout New York City, The Hamptons, Palm Beach, and Miami. Brown Harris Stevens offers more luxury residential exclusives than any other Manhattan firm, and serves as exclusive affiliate of Christie’s International Real Estate, a subsidiary of Christie’s International, PLC, the world’s oldest fine arts auctioneer.
