Printer Friendly
The Free Library
14,505,983 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Millennium gets in the mix.


Millennium Partners, which in recent years has developed a major portfolio of luxury residences in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem"
tandem
 with The Ritz-Carlton Hotels and Four Seasons Hotels and Resorts The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter.
It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view.
, has found a new partner for its latest high-rise residence in lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North : itself.

The developer's new 35-story project, with 236 condominium apartments, will be called Millennium Tower Residences, Battery Park.

A groundbreaking ceremony for the new project occurred on April 14, attended by 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
 Governor George Pataki, who welcomed Millennium's Battery Park residence as a major milestone in green design for lower Manhattan and New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

Offering more than 340,000 s/f of residential space, Millennium Tower Residences will be located on West Street, adjacent to The Ritz-Carlton New York, Battery Park, another Millennium property that has become a downtown anchor since it opened in 2001. Millennium Partners reports that its new project has received extraordinary pre-sale interest, with a waiting list of more than 1,000 potential buyers.

It arrives as lower Manhattan continues to rebound as one of the city's prime residential areas.

Construction on Millennium Tower Residences, with panoramic views of the Hudson River, the Statue of Liberty Statue of Liberty

great symbolic structure in New York harbor. [Am. Hist.: Jameson, 284]

See : America


Statue of Liberty

perhaps the most famous monument to independence. [Am. Hist.: Jameson, 284]

See : Freedom
 and the Financial District, is expected to be completed at the end of 2006.

Units range from 875 s/f 1-bedroom apartments starting at $705,000, to 2,400 s/f 4-bedroom homes starting at $1.8 million.

The average 3-bedroom unit, one of the hardest configurations to find these days in New York, will start at $1.37 million, below market average. Prices are expected to increase soon after sales commence.

The project promises to hit an especially high bar in environmental sensitivity, in keeping with a pledge by the Battery Park City Authority The Hugh L. Carey Battery Park City Authority is a New York State public benefit corporation whose mission is to plan, create, co-ordinate and maintain a balanced community of commercial, residential, retail, and park space within its designated 92-acre site on the lower west side  to create a sustainable community. Millennium Tower Residences will be LEED gold-certified as a green building, close to the highest category in the emerging field of environmental design.

The Millennium Tower Residences are being designed by Handel Architects, which is also the designated designer for the World Trade Center Site Memorial.
COPYRIGHT 2005 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Millennium Partners constructing a high rise residential building
Publication:Real Estate Weekly
Geographic Code:1USA
Date:May 11, 2005
Words:337
Previous Article:Brooklyn condos in the zone.(condominium building occupancy)(Brief Article)
Next Article:New Harlem homes promise to be great investment.(construction of The Walden condominium)
Topics:



Related Articles
After five years, condo market comes back. (Zeckendorf Realty L.P.) (Review and Forecast Section III)
Millenium Tower sales off to a brisk start.
Millennium Partners plans two more deals. (New York, NY, real estate deals)
a development team for the next century. (Millenium Partners)(Company Profile)
South Norwalk redevelopment plan unveiled.
New Phase of Long-Stalled Oaks Project Moves Forward.(New Millennium Homes' Oaks of Calabasas community project)(Brief Article)
Millennium developer puts hotel back into project mix. (Up Front).(Apollo Real Estate Advisors)(Brief Article)
Ventura Boulevard to get housing.
Homes come to Wilshire strip as office projects are limited.(Spotlight On Park Mile)
City's east side shows signs of shaking off dot-com hangover.(Spotlight on Santa Monica)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles