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Fashion week launch for 485 Fifth Ave.


Fashion designer, Peter Som, has joined forces with international real estate investor A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit.  and developer, Belfonti Capital Partners, to create the ultimate experience of luxurious living at 485 Fifth Avenue.

The first residential tower to bring the hands-on styling of a world class fashion designer to the execution of sophisticated urban residences--an innovation conceived by Belfonti Capital Partners Principals Michael Belfonti and Adam Hochfelder--485 Fifth Avenue offers 104 residences within the exclusive pre-war property.

Belfonti Capital Partners began construction on the $170 million development in January 2006. The team launched the exclusive "collection" of residences at 485 Fifth Avenue in conjunction with the Spring 2006 fashion shows in Bryant Park Bryant Park is a 9.603 acre (39,000 m²) public park located in the New York City borough of Manhattan. It is bounded by Fifth Avenue, Sixth Avenue, 40th Street and 42nd Street in Midtown Manhattan.[1] The central building of the New York Public Library is in the park. .

"We are proud to work with critically acclaimed fashion designer Peter Som, who is bringing the same elegance, beautiful materials and functional ease to his designs for 485 Fifth Avenue that he does to his clothing collection unveiled every season just across the street in the Bryant Park tents," said Mr. Belfonti. "The residences come with the very clear imprimatur of good style and taste. 485 fifth Avenue is not just a building; it's a lifestyle from the moment you step into the lobby."

Residents enter a refined ground floor residential lobby with an impressive double height space and a three-story winding staircase. The front desk will be additionally staffed with a member only concierge service providing residents with the best recommendations, tickets, event planning Event planning is the process of planning a festival, ceremony, competition, party, or convention.

Event planning includes budgeting, establishing date and alternate date (rain date), selecting and reserving the event site, acquiring permits, and coordinating transportation
 and global travel arrangements. The second floor of the building will feature an expansive private garden, tying the two residential towers together.

485 Fifth Avenue provides access to amenities catering to a sophisticated clientele. It also boasts a 10,000 square-foot amenities space including a state-of-the-art fitness center, screening room, wine cellar, private lounge and dining room, all featuring a special collection of furnishings furnishings

the extra type or quantity of hair on the head, tail, ears or legs, specified for a particular breed. For example, the feathers in setters, the beard in Bearded collies, the eyebrows in Schnauzers.
 reflecting Peter Som's signature look. 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.
 Michael Belfonti, principal of Belfonti Capital, "485 Fifth Avenue will be the perfect blend of style, sensibility sensibility /sen·si·bil·i·ty/ (sen?si-bil´i-te) susceptibility of feeling; ability to feel or perceive.

deep sensibility
 and advanced technology--the ideal sanctuary in the heart of midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 Manhattan."

Peter Som welcomed the opportunity to bring his magnificent designs and creative energy to the residences at 485 Fifth Avenue. "485 Fifth Avenue is an expression of an elegant lifestyle, "he said.

The residences will range from one to four-bedrooms, with one 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.
 featuring 3,000 square feet of outdoor space.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Feb 22, 2006
Words:384
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