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Simone stakes his claim in burgeoning LIC.

One of New York City's hottest residential markets is about to get a lot hotter with the grand opening of sales for One Hunters Point and Hunters View, a pair of luxury condominium residences ideally located near the waterfront in the trendy Hunters Point district of Long Island City.

Located at 5-43 Borden Avenue near Vernon Boulevard, which is Long Island City's Main Street, One Hunters Point features 131 one-, two- and three-bedroom luxury residences, with most offering spectacular waterfront views of the Manhattan skyline.

The 12-story glass and steel building boasts high quality finishes, top-of-the-line appliances and fixtures including washer and dryer, indoor parking, fitness facility, a garden near the entrance and an indoor residents' lounge area. Virtually every residence will have private outdoor space in the form of a terrace, a balcony or a garden. The homes are priced from $371,100 to $1,100,000.

Hunters View, which is located three blocks away at 11-15/19 49th Avenue, features 73 one- and two-bedroom residences ranging in size from 639 s/f to 1238 s/f. The 12-story building is Hunters View, which features the same high quality finishes and lifestyle amenities as One Hunters Point, offers panoramic views of the Manhattan skyline.

The residences at Hunters View are priced from $400,873 to $870,075. Residents can have their own private roof-top terrace, an outdoor space about the size of a living room equipped with gas grill and water connections.

Designed by Newman Design Group, the two buildings, which are under construction, are scheduled for completion and occupancy in June 2008.

One Hunters Point and Hunters View are being developed by Simone Development Companies. Brown Harris Stevens Project Marketing of New York City is the exclusive sales and marketing agent. Newman Design Group of Cold Spring Harbor is the architect for the two buildings.

Joseph Simone, president of Simone Development Companies, said the Hunters Point District is well on its way to becoming the next hot residential market in New York City. "This exciting neighborhood has it all--spectacular views of Manhattan, a thriving arts community, excellent restaurants and shops, a five-minute commute to Midtown--and all at about 30% less than you would pay for comparable condominium residences in Manhattan," he said.

"One Hunters Point and Hunters View are a tremendous investment for first-time buyers who want to enjoy the very best that New York City has to offer.

"We anticipate strong demand for both of these properties."
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Comment:Simone stakes his claim in burgeoning LIC.
Publication:Real Estate Weekly
Date:Jun 20, 2007
Words:410
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