Penthouse Deal Marks Busy Sales Period for New Condominium Building

The Lindley — Murray Hill’s newest full-service condominium building rising in one of New York City’s most convenient locations — has surpassed 50% sold, developer CBSK Ironstate announced today. Since launching sales over the summer, The Lindley has become one of the fastest-selling condominium developments in Manhattan, seeing steady sales velocity and foot traffic throughout the typically slow late-summer and winter periods. Closings in the 20-story building, featuring 74 residences starting under $1 million, are expected to begin this spring, with the first completed model residence opening to prospective buyers in spring as well.

“The Lindley is a testament to great planning, great pricing and a great partnership,” said Jackie Urgo, President of The Marketing Directors, the exclusive sales and marketing agent for the development. “It is one of the few new developments offering a rare, 10-year, 421-a tax abatement, and buyers recognize that value, along with the smart and stylish design, beautiful views and a development team that has successfully completed a vast portfolio of celebrated residential and hospitality projects.”

Recent sales at The Lindley include one of two penthouses at the building’s apex. Signed for $3.13 million, the two-bedroom, two-bathroom penthouse home features a gracious, nearly 400-square-foot outdoor terrace that provides striking views of Midtown, the Empire State Building and Downtown Manhattan. A selection of studios, which are rare in new ground-up condominium buildings, through three-bedroom residences are still available for purchase. CBSK Ironstate is a partnership between prolific development firms CB Developers, SK Development and Ironstate Development.

Designed by Rawlings Architects, best known for the boutique SIXTY LES Hotel and Greenwich Village’s 215 Sullivan Street, The Lindley sports a timeless look, with a facade comprised of varying shapes and shades of brick that give the building depth and texture. Oversize casement-style windows provide an abundance of natural light to the residences.

Amenities at The Lindley include a 24-7 concierge service, residents’ lounge, fitness center, a live-in resident superintendent, bike storage and private storage units. Perched atop the building is a beautifully landscaped roof garden open to all residents, with a grilling and dining area and incredible New York City skyline views.

Offering residents a central Manhattan location, The Lindley is within walking distance to the United Nations, Bryant Park, the New York Public Library, the East River waterfront and Murray Hill’s beloved neighborhood dining gems. With close proximity to Grand Central Terminal, five subway lines, the expanding East River Ferry, the FDR Drive and the Midtown Tunnel, The Lindley provides easy access in and out of the city, and to both major airports.

The sales gallery is located on-site at The Lindley at 591 Third Avenue in Manhattan. For additional information or to schedule an appointment, please contact the gallery at (212) 557-7755 or visit www.thelindley.com.