50 Charles St., N.Y., Announces Unprecedented Sales

West Village condominium achieves over half a billion dollars in sales in less than one month

New York – An affiliate of The Witkoff Group, developer of the new luxury condominium 150 Charles Street  in New York City’s West Village, today announced that the property has achieved over half a billion dollars in sales since the official launch of marketing and sales on Feb. 11, 2013.

The Condomium features 91 residences individually conceived by internationally renowned CookFox Architects, with interiors by leading interior designer Alan Wanzenberg Design. The 16-story masonry and glass building is tucked between Charles and West 10th Streets, one half block from the Hudson River and Hudson River Park.

“150 Charles Street is experiencing unprecedented pre-sales activity for a premier new condominium development in New York City,” said Steven C. Witkoff, Chairman and CEO of The Witkoff Group. “Buyers have demonstrated a willingness to act quickly at benchmark prices to secure a residence in the finest and final building of its kind in the West Village.”

Sales at 150 Charles Street have been driven largely by word-of-mouth and private previews at the show-stopping 7,000-square-foot Sales and Design Gallery located at 435 Hudson Street, 2nd Floor. One in five visitors have gone into contract, an indicator of how satisfied prospective buyers are with the building and its unprecedented amenities, and how focused they are on purchasing in this prime West Village location. The exquisitely-designed Sales and Design Gallery provides prospective purchasers the opportunity to directly experience the incomparable quality and design details and features of a model residence with complete kitchen, master bathroom and powder room.

The residences at 150 Charles Street will consist of ground-level maisonettes (some of which will have private garages with direct access from the street and all offer direct building access), loft-like simplexes and duplexes, and duplex penthouses with expansive private outdoor space. The more than 75 one-to-six bedroom layouts at 150 Charles range in size from approximately 1,400-square-feet to more than 5,800-square-feet. The wide variety of individually designed floor plans and layouts provides each prospective buyer with a unique experience within the building. Residences range in price from approximately $4 million to more than $30 million.

“150 Charles Street offers a distinctively unique West Village lifestyle which has attracted a highly discerning and sophisticated clientele,” commented Susan de França, President and CEO of Douglas Elliman Development Marketing, the exclusive sales and marketing agent for 150 Charles. “The velocity of sales and pricing achieved to date at 150 Charles Street is record-breaking for a new condominium development in Manhattan.”

Many of the residences will offer sweeping views of the Hudson River and the Midtown and lower Manhattan skylines. Thirty-five of the condominiums will have the added luxury of planted private outdoor space including setback terraces and gardens, each custom-designed by celebrated landscape architect Dirtworks. In total, 150 Charles will provide residents with approximately 40,000 square feet of fully landscaped outdoor space, including a central courtyard garden with flowering deciduous trees, foliage and a granite water fountain.

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