Alchemy Properties building new penthouses in Tribeca.Kenneth Horn, president of Alchemy alchemy (ăl`kəmē), ancient art of obscure origin that sought to transform base metals (e.g., lead) into silver and gold; forerunner of the science of chemistry. Properties, believes he has put his finger on the pulse of the residential real estate market with his new AFFORDABLE PENTHOUSES at The Keystone Building The Keystone Building is a high-rise building located in downtown Boston, Massachusetts. The building stands at 400 feet (122 meters) with 32 floors, and was completed in 1971. It is tied with Harbor Towers I as the 26th-tallest building in Boston. , on Warren Street in Tribeca. "In the aftermath of Sept. 11 even penthouse penthouse Enclosed area on top of a building. A penthouse can be an apartment on the roof or top floor of a building or a structure on the roof housing the top of an elevator shaft, air-conditioning equipment, or stairs leading to the roof. buyers want a deal," he said. Penthouse living, at the top of a building where the views are best, has always been coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. by Manhattan buyers though few can afford it. In addition to unique views and light, penthouse units traditionally come with private outdoor terraces adding to the exclusivity of penthouse living. Further, these rare apartments tend to hold their value very well as they are typically, the most coveted residences. That's where Alchemy Properties' AFFORDABLE PENTHOUSES come into play. Though slightly smaller than other penthouses in Tribeca, they command the top of the building, with the luxurious appointments and expansive private terraces that befit be·fit tr.v. be·fit·ted, be·fit·ting, be·fits To be suitable to or appropriate for: formal attire that befits the occasion. a prestige pad. They go for as little as $1.17 million -- or 60% less than their closest competitor. At The Keystone Building, a 1,248-SF, 2-bedroom, 2-bath penthouse with a 648-SF private rooftop terrace can be had for $ 1.175 million. A 1,955-SF, 2-bedroom, 2-bath penthouse with a 1,001-SF private rooftop terrace is listed at $1.895 million. By contrast, on the same block, a penthouse with similar finishes in a similar building, albeit a bit more square footage is listed at nearly $3 million. "Although ours are smaller; they are still penthouses that command the sweet spot at the top of the building," said Kenneth Horn, president of Alchemy Properties. The Keystone penthouses feature woodburning fireplaces, deluxe kitchens with maple cabinets, granite countertops with full height and backslashes, Sub-Zero refrigerators Sub-Zero Refrigerator is a brand of residential refrigerator built in the USA. The company also manufactures kitchen appliances under the Wolf brand name. History The Sub-Zero Freezer Company was founded in 1945, by Westye F. Bakke in Madison, Wisconsin. , Subzero 40-bottle wine coolers, Thermador stainless-steel ovens, Bosch stainless-steel dishwashers and Bosch washer/dryers, as well as sweeping terraces. "I don't know Don't know (DK, DKed) "Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party. when was the last time you could buy a Tribeca penthouse with 1,000 square feet of outdoor space for less than $2 million," noted Horn. |
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