Big rush on former office building.In a remarkable success story, the former office building at 49 East 21st Street that Elad Properties El-Ad Properties is a real estate developer based in New York City, with extensive holdings in the United States, primarily New York City. The company is owned by El Ad Group, based in Israel. converted into 43 luxury condominium residences, has sold out in less than 10 weeks. "When you create the right product for the right neighborhood, amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. things can happen," asserted Elad President Miki Naftali, who felt his property "helped fill a void" in and around Gramercy Park Gramercy Park (sometimes misspelled as Grammercy) is a small, fenced-in private park in the Gramercy neighborhood of Manhattan, New York City, New York State[1]. because of a lack of newly restored and handsomely finished pre-war condominium units in the area. The Elad residences were also "very attractively priced," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. exclusive sales agent Dana Pecorella of Cantor Pecorella, Inc. The building featured mostly one and two bedroom apartments, four to a floor, all with two baths. These units sold from between $910,000 and $1.3 million. In addition, 49 East 21st Street also featured three penthouse apartments, the largest a three bedroom, 3 1/2 bath residences with 2,617 square feet of living space and a 734 square foot outdoor terrace. That unit sold for more than $2.6 million. Design team Cetra/ Ruddy rud·dy adj. rud·di·er, rud·di·est 1. a. Having a healthy, reddish color. b. Reddish; rosy. 2. Inc. and Gal Nauer of Nauer Rubenstein designed the layouts and finishes for the residences. |
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