The 2015 Color of the Year is “Marsala” wine red

unnamedColor constantly evolves based on the influences that surround us. Pantone is the undisputed global color authority and besides their many helpful color selection tools, the company’s annual color forecast helps keep us in vogue. This year’s forecast consists of a number of bold colors mixed with earthy neutrals.

Introducing the Color of the Year: Marsala (Pantone 18-1438), an earthy wine red color, gets the nod. According to Leatrice Eiseman, executive director of Pantone Color Institute, Marsala “enriches the mind, body and soul, exuding confidence and stability. Eye-catching, but not overwhelming or bright, Marsala is ideal for use in graphic design and packaging.”

Other colors in the fall’s top 10 include:

  • Dried Herb (17-0627), Desert Sage (16-0110), Stormy Weather (18-4214), Oak Buff (1601144), Biscay Bay (18-4726), Reflecting Pond (19-4326), Cadmium Orange (15-1340), Cashmere Rose (16-2215), Amethyst Orchid (17-3628)

See the colors and full commentary here.


Another week, another Atlanta penthouse sold

The Residences at W Atlanta - Downtown PenthouseAtlanta, Ga. — On the heels of a recent penthouse sale last month which sold for $1.2 million, The Residences at W Atlanta Downtown confirms yet another record-breaking luxury condominium sale. The unfinished two-story, three-bedroom, 4,154-square-foot penthouse sold for $1.6 million.

Both of these million dollar-plus sales within the last thirty days highlight a strong desire for this luxurious five-star lifestyle, and buyers will be hard pressed to find anything in the Atlanta market that compares. All penthouse homes at The Residences at W Atlanta Downtown boast large square footage, sleek modern design and magnificent floor-to-ceiling windows along with five-star luxury finishes such as Gaggenau appliances and Dornbracht fixtures.

“It’s clear that savvy penthouse buyers recognize the opportunity to buy top-notch new residences well below replacement cost and it’s a testament to the extraordinary high-end value The Residences at W Atlanta Downtown delivers,” proclaimed David Tufts, president of The Marketing Directors whose firm handles the exclusive sales and marketing. “These two sales highlight the compelling value proposition The Residences at W Atlanta Downtown offers. Buyers should act now as prices will only continue to rise.”


Anticipated Manhattan condos continue sales streak

image002New York, N.Y. — Time Equities Inc. (TEI), a leading full-service real estate firm announced today that 50 West, the firm’s highly-anticipated residential condominium development in Manhattan’s ‘New Downtown,’ has reached 50 percent sold. To celebrate this milestone, the developer hosted an exclusive event on Thursday, June 11, allowing brokers to tour the site, see the double-height ceilings, the high-tech curved glass and breathtaking panoramic views of the New York Harbor, Hudson and East Rivers.

“50 West continues to be well-received in the local and international markets and we’re considered to be a strong value play for new construction high-rise Downtown. Our non-penthouse residences average less than $2,400 per square foot,” said Francis Greenburger, CEO and Founder of Time Equities Inc. “Having passed the 50-percent mark, we look forward to topping out the superstructure and finish a sample unit by the end of this summer. Both purchasers and the brokerage community have been especially enthusiastic about 50 West as they see the building rising and the installation of curved glass.”

Once complete, 50 West will rise more than 700 feet in the air and bring 191 residences to the Downtown neighborhood. Noted Danish interior designer, Thomas Juul-Hansen, designed residential layouts and hand-selected the finish materials. 50 West’s 191 homes will range in size from a 1,045-square-foot, one-bedroom home to a 9,000-square-foot, five-bedroom duplex penthouse.

“50 West is an ideal destination for families, as we thoughtfully designed areas and programming to nurture parents and their children,” said Javier Lattanzio, Time Equities Inc. Sales Manager of 50 West. “My family and I loved the project so much that we purchased here, and I know my son will have access to spaces that truly set this development apart from the theater to kids studio to professionally-curated library.”


FENDI Château penthouses acquired in center of Miami

landscape-1434550136-hbz-fendi-chateau-indexMiami, Fla. – Luxury private developer Château Group has contracted to sell two penthouses at FENDI Château Residences, a new 12-story waterfront condominium development in Collins Avenue in Surfside, Florida, two blocks south of the renowned Bal Harbour Shops. The remaining penthouse is available for $25 million and is being marketed by Venegas International Group.

“Selling two penthouses has vindicated our belief that discerning buyers would understand and value the unique attributes of FENDI Château Residences,” said Manuel Grosskopf, chairman and CEO of Château Group.

The penthouses under contract are two stories and feature approximately 7,000 of interior space and almost 1,200 square feet of expansive terraces, along with a rooftop pool. They each feature five bedrooms and seven- and-a-half-bathrooms with an east-to–west “flow-thru” plan and 12-foot ceiling heights. The residences include a media room, family room, exercise area, steam room, spacious walk-in closets and full staff quarters. The second levels feature an expansive terrace space, a rooftop pool, an outdoor summer kitchen, and an entertainment area overlooking the Atlantic Ocean as well as a private elevator within the residence.

“FENDI Château Residences continues to attract both international and domestic buyers due to its quality, location, views and architecture, and is currently over 80 percent sold,” said Monica Venegas, principal of Venegas International Group added. “We are excited to offer the remaining penthouse residence for sale, which provides refined living in FENDI’s first branded condominium project in the world.”


Veer Towers condominiums selling out in Las Vegas

CityCenter_sw_view-resized2Las Vegas, Na. — Veer Towers, the two-tower luxury condominium project located in the heart of CityCenter, has announced that it has reached 250 sales and is now 60 percent sold out.

“In May alone, we sold 17 units,” said Mark Pordes, CEO of Pordes Residential Sales and Marketing. “Brokers and buyers already know what a unique project this is and our inventory is dropping quickly. They want to get in before we are sold out.”

Along with world-class architecture and incomparable views, Veer residents get to enjoy all of the new activity happening on the world-famous strip. MGM Resorts International is developing a dynamic park, dining and entertainment district adjacent to New York-New York and Monte Carlo resorts. The Park will lead pedestrians back to the new 20,000-seat arena MGM Resorts is building in partnership with AEG. Both the arena and The Park will open in 2016.

“Our buyers are not just purchasing a gorgeous condominium unit when they buy at Veer — they are buying a lifestyle that is unlike anything, anywhere else in the world,” said Darwin Dizon, Sales Director at Veer Towers. “The best dining, shopping and entertainment options in Las Vegas are all within walking distance of Veer Towers.”


The Club at Rock Creek unveils new real estate renderings

CaptureCoeur D’Alene, Ida. – The Club at Rock Creek, a private golf and lifestyle community set against the backdrop of beautiful Lake Coeur d’Alene, has unveiled architectural renderings for its initial release of real estate opportunities.  The floor plans for the two and three-bedroom cabins offer residents a choice between traditional and modern aesthetics, with a fresh yet timeless architectural style that blends perfectly with the landscape’s natural beauty.

“Each home has been positioned to capture premium views. The unique architectural style plays an important role in blending each home into the natural environment,” said Randy Campbell, a local builder who has completed over 300 custom luxury homes. “Together they create a new upscale mountain community full of the quiet and peace of country living.”

The luxuriously appointed cabins offer plenty of room for relaxed living in a lush, hillside community.  Numerous oversized windows, floor to ceiling in some cases, have been positioned with care to afford owners optimal, expansive views of the beautiful landscape at The Club at Rock Creek.

The rustic cabins incorporate the use of artisan-crafted features, custom-built alder doors and handpicked, natural stone from local mountain slides.  In addition, the cabins’ granite countertops reflect a Rocky Mountain palette and the local geological cycle.  The modern cabins rely on upscale steel supports rather than traditional timbers, employ a stained and polished concrete flooring and feature premium plumbing and lighting fixtures to complement the property’s contemporary style.

“These beautiful cabins encapsulate what life is like at The Club at Rock Creek.  They are open, spacious, luxurious and embedded in an unparalleled natural setting, one that provides any number of outdoor, family-oriented recreational opportunities,” said Bill Foley, Managing Director and Developer of The Club at Rock. “And, while they will be outfitted with the most luxurious of amenities, we are very committed to extensive value engineering, resulting in cabins which represent an incredible value.”


Half the residences at New York’s Carnegie Park now sold

CarnegieNew York, N.Y. – Carnegie Park, the latest New York City residential tower offering from premier global real estate developer Related Companies has reached another sales milestone.Less than two months after the announcement of the building’s 100th sale, Carnegie Park has reached the 50 percent sales mark maintaining its position as the top selling building, in regards to number of units sold, in Manhattan for the first half of 2015.

“The incredible sales at Carnegie Park are a true testament to the building’s unmatched offerings for buyers,” said Benjamin Joseph, Senior Vice President of Related Companies. “The property has set a precedent that continues to prove buyers demand sophisticated living at accessible price points without sacrificing quality high-end services and amenities.”

Carnegie Park, located at 200 East 94th Street, is one of the few full-service high-rise condominiums in Carnegie Hill, a charming residential enclave on the Upper East Side. The elegantly designed 31-story property offers sweeping city and river views in addition to a new lobby and suite of amenities reimagined by Robert A.M. Stern Architects. With 297 graciously appointed homes that range in size from studios to five-bedrooms, Carnegie Park also offers residents the experience of Five Star Living by Related, a bold concept that brings together world-class locations, breathtaking views, inspired architecture and design, unrivaled amenities, and superior services.

Ideally situated, the tower is only steps away from cafes and Michelin-starred restaurants; luxury retailers and local boutiques; Whole Foods and gourmet markets as well as some of Manhattan’s best schools. Carnegie Park is also within walking distance of many parks and activities including Central Park, Carl Schurz Park, Asphalt Green and the East River Esplanade. The Second Avenue subway, which will span from 57th to 96th Streets, will enhance the area’s accessibility even further when the first phase opens in 2016.


The best city for raising children is Madison, Wisconsin

Madison-WIA recent study conducted by BetterDoctor, a software and medical care company, looked at what cities in the United States are the best for raising children. Using their methodology, they crunched the numbers to find out where families are raising children and assessed school quality scores and outdoor metrics to figure out where the best cities are to raise active children. From BetterDoctor:

Kids who get enough physical activity experience a lot of benefits – among them: increased school readiness skills, fewer chronic health problems, they’re sick less frequently, miss less school, have an increased learning capacity and develop healthier social, cognitive and emotional skills.

There were a few clear trends in the results. California, for example, boasted a plurality of the cities on the list.  Due in large part to high school quality ratings, California cities like Fremont, Chula Vista and Sacramento are attractive places for new families looking to settle down. Meanwhile, warmer states generally scored higher — cities in states like California, Texas, Nevada, Colorado and North Carolina scored much higher than cities in states like Iowa, New York, Ohio, and Pennsylvania.
So, without further ado, here are the rankings for the top 15:
1. Madison, Wisconsin; 2. Fremont, California; 3. Chula Vista, California; 4. Plano, Texas; 5. Reno, Nevada; 6. Aurora, Colorado; 7. Sacramento, California; 8. Lincoln, Nebraska; 9. Virginia Beach, Virginia; 10. Omaha, Nebraska; 11. San Jose, California; 12. Long Beach, California; 13. Colorado Springs, Colorado; 14. Austin, Texas; 15. Raleigh, North Carolina

 


‘Recreation destination’ in Connecticut hits the market

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Connecticut homeowners with an eye for luxury, take a look at the $6.695 milion estate at 210 Sasco Hill Road.

This modern, circa-2000 country house in Fairfield, Connecticut, is set on a commanding bluff with 330 feet of waterfront. Its pristine 2.38 acres include a variety of indoor and outdoor entertainment options, which is why listening agent Nancy Dolan calls it a “recreation destination” for luxury homeowners.

Whether you’re just visiting the property or your stay is more permanent, feel free to enjoy a boat dock, invisible-edge pool and waterfall, glass conservatory, formal dining room, chef’s kitchen and a butler’s pantry, among other amenities. There are Harbor and L.I. Sound vistas all over the estate, as well as the opportunities to see spectacular sunsets.

Outdoors, find gated privacy with 1,000 feet of evergreens, stone walls, terraces and perennial gardens. The master bedroom suite has his and hers Carrara marble baths, and there are 5 other en suite bedrooms. The 11,000 square feet of green construction include a walk-out terrace level with a gym, Jacuzzi, sauna, playroom and office. This ideal location is just 1 mile to Southport Village or Fairfield Stations and one hour to New York City.

For a video presentation of 210 Sasco Hill Road, click here.


Kitchen Summit to look at how technology affects lifestyle

Seattle, WA — NextMarket Insights, a strategy and research firm focused on emerging technologies, is launching a one-of-a-kind kitchen event this November. The first-ever Smart Kitchen Summit will tackle the technology and design convergence that’s changing how we eat, buy, store and interact with our food, and will bring together start-ups, leaders, and innovators for a day-long festival on November 5, 2015 in Seattle’s SODO district.

The first of its kind, the Smart Kitchen Summit is still accepting proposals from speakers and sponsors to be involved. The event currently includes industry leaders Microsoft, Belkin and Jarden, among others, while featured speakers include Dr. Bill Mitchell, the CEO of Picrobrew and a former Microsoft Corp Vice President; Jon Jenkins, the CEO of Meld and a former head of engineering at Pinterest; and the CEOs of Cinder, Sidechef and Zonoff. (Click here to view the emerging agenda and current speaker list.)

The Smart Kitchen Summit is the premiere event from NextMarket Insights, founded by Michael Wolf, former VP of Research for GigaOM, Forbes writer and one of the industry’s most well-known IoT and smart home analysts and advisors. As NextMarket’s chief analyst and host of the popular Smart Home Show podcast, Wolf has focused on the “quiet technology revolution” in kitchens across the U.S. and the ways in which smart home devices and services will impact the most popular room in the home: the kitchen. By 2020, NextMarket predicts the smart kitchen industry will grow to a $10 billion market.