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Related's luxury Caledonia sells out condos in just eight months.


Related Companies announced the complete sell out of The Caledonia's 190 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.
 residences in just eight months.

Located at 450 West 17th Street between Ninth and Tenth Avenues and comprised on both luxury condominiums and luxury rentals, The Caledonia will be the first residential tower on the new High Line Park. This rapid pace of sales has proven that the chic, evolving neighborhood will be the place to live in coming years.

The Caledonia is Related's second successful hybrid building offering both condominiums and luxury rental residences following One Carnegie Hill on the Upper East Side.

The Caledonia's 288 exclusive rental residences will be available for lease beginning this fall with occupancy expected in winter of 2008. Distinctive residences will range in size from alcove studios to two bedrooms and will feature the same unsurpassed amenities and a luxury lifestyle without compromise. Monthly rents are expected to range from $3,495 to over $10,000.

The Caledonia offers Zen luxury and enlightened design by renowned hospitality designer, Clodagh. Blending technology, primitive materials and ancient techniques such as Feng Shui Feng shui

Traditional Chinese method of arranging the human and social world in auspicious alignment with the forces of the cosmos, including qi and yin-yang. It was devised during the Han dynasty (206 BC–AD 220).
, Clodagh approaches each residence as individual living spaces giving attention to the subtleties that make a luxury home, including details like bamboo flooring, oversized o·ver·size  
n.
1. A size that is larger than usual.

2. An oversize article or object.

adj. o·ver·size also o·ver·sized
Larger in size than usual or necessary.
 windows, and master spa bathrooms. Equinox equinox (ē`kwĭnŏks), either of two points on the celestial sphere where the ecliptic and the celestial equator intersect. The vernal equinox, also known as "the first point of Aries," is the point at which the sun appears to cross the , the leading operator of upscale fitness clubs in 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
, Chicago, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  and South Florida, was acquired last year by Related. At The Caledonia, Equinox will open its first fitness center and spa fully integrated within a Related residential tower.

Featuring Fitness Lifestyle by Equinox[sm], The Caledonia will provide residents with private access to the fitness club, an exclusive resident fitness lounge with concierge, in-home training and spa services. Related has also partnered with ASSOULINE, France's most prominent publisher of art, culture, photography and fashion and style books, where Assouline will launch its first culture lounge The Culture Lounge is a visual art, philosophy, literary, and culture magazine that emphasizes diversity and expression through the creative forms.

Published in Columbus Nebraska, US since May 2006, the main focus is raising the awareness of the individual and embracing
 at The Caledonia.

"We are extremely pleased with the sales success of The Caledonia. Its contemporary and soothing design complemented with exceptional amenities such as the fully integrated Equinox Fitness Club and desirable location have made The Caledonia another success story for Related," said Susan M. de Franca, president of Related Sales. The expected occupancy date for the condominium residences at The Caledonia is fall of 2008.
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Comment:Related's luxury Caledonia sells out condos in just eight months.
Publication:Real Estate Weekly
Date:Apr 25, 2007
Words:376
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