18 Gramercy Park Commences Closings

NEW YORK – Arthur Zeckendorf and William Lie Zeckendorf, co-chairmen at Zeckendorf Development, LLC, have announced that closings have officially commenced at one-of-a-kind luxury residential condominium, 18 Gramercy Park.

“We are thrilled to announce that closings have begun at 18 Gramercy Park,” said Arthur Zeckendorf, co-chairman of Zeckendorf Development. “The response at 18 Gramercy Park has been phenomenal and we expect robust sales in the spring and summer months and now that Gramercy Park is in full bloom.”

 Originally built in 1927, 18 Gramercy Park is a newly designed modern classic that evokes the luxury and grandeur of some of New York’s finest cooperative landmarks in a historic downtown setting. The development features 16 expansive residences, including a grand maisonette and a duplex penthouse, in contract at $42 million.

 Each four-bedroom residence offers 40 feet of frontage directly overlooking Gramercy Park with palatial living rooms which span the entire front of the building. Buyers are gifted with a key to Manhattan’s only private park in addition to the building’s exclusive luxury amenities such as a 24-hour concierge, state-of-the-art gym and spa.

 ”We’ve carefully curated every detail with the modern luxury home buyer in mind,” commented William Lie Zeckendorf. “From the hand-crafted cabinets to the restored historic details, 18 Gramercy Park truly offers an unparalleled lifestyle experience.”

18 Gramercy Park was developed by Arthur Zeckendorf and William Lie Zeckendorf of Zeckendorf Development, LLC, in partnership with Global Holdings, Inc., a New York-based private real estate investment company and part of the Eyal Ofer family interests.

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