Broadway a beacon for buyers.In a clear sign that buyers are still eager to purchase luxury condominiums in prime locations, over 80% of the luxury homes at 1600 Broadway on the Square, a 27-story residential and retail complex on the east side of Broadway, between West 48th and West 49th Streets, have been sold in just ninety days. Sherwood Equities is the developer of 1600 Broadway on the Square, the first residential condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. in Times Square. It contains 137 studios, one bedrooms, one bedrooms with home offices, two bedrooms, two bedrooms with home offices and luxurious 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. residences. "We have been overwhelmed o·ver·whelm tr.v. o·ver·whelmed, o·ver·whelm·ing, o·ver·whelms 1. To surge over and submerge; engulf: waves overwhelming the rocky shoreline. 2. a. with interest since day one," says Jeffrey Katz, chief executive officer of Sherwood Equities. "Buyers are amazed 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. that they can purchase luxury homes with an incredible amenities package right in the heart of Times Square. International buyers and those from other parts of the country in particular have been extremely taken with the location, and are eager to buy their own piece of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of real estate." Each home has gracious 9-1/2 foot high ceilings, floor-to-ceiling windows, and washers and dryers. Gourmet kitchens feature Golden Leaf granite countertops, full height sandblasted mirrored backsplashes, and contemporary Italian rift cut oak cabinetry cab·i·net·ry n. Cabinetwork: finely detailed cabinetry. Noun 1. cabinetry - the craft of making furniture (especially furniture of high quality) cabinetwork , as well as premium Subzero, Miele, LG and Bosch stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. appliances. "Although there have been many reports that the residential market has slowed, this certainly hasn't been true at 1600 Broadway on the Square," says Jacqueline Urgo, executive vice president of The Marketing Directors, Inc., the exclusive marketing and sales agent. "It just goes to show that when you have a centrally-located, beautifully-designed and meticulously-planned building, buyers will come." "These homes add a wonderful new dimension to Broadway," adds Mr. Katz. "You have all the glamour of the Great White Way and its extraordinary views combined with the delight and comfort of your very home. What could be better?" Homes will be ready for occupancy in the spring of 2006. Prices for remaining homes range from $1,055,000 to $2.95 million for a penthouse. |
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