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(Rendering by Herzog & De Meuron Architects) Rendering of Planned 160 Leroy Street Condominiums, West Village, Manhattan, NY |
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| Michael Tepedino |
NEW YORK, NY –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured $265 million in financing
for the development of 160 Leroy Street,
a fully-entitled, 12-story, 49-unit luxury condominium building overlooking the
Hudson River in Manhattan’s West Village.
Working on behalf of Ian
Schrager Company in conjunction with Ares Management, Weinberg Properties and
William Gottlieb Real Estate, HFF placed the construction loan with the
Children’s Investment Fund Management (UK) LLP.
Designed by renowned
Pritzker Prize-winning architecture firm Herzog & De Meuron, the property
will feature a curvaceous glass exterior inspired by Brazilian architect Oscar
Niemeyer.
The 49 one-of-a-kind homes
provide spacious floor plans with expansive views of The Freedom Tower, Hudson
River, north to the George Washington Bridge and city views east.
The property will have an
arched entry with private landscaped courtyard and garden, designed by Madison
Cox, which leads into the lobby designed with curving, specially-imported glass
walls and fluted mahogany panels. Off
the lobby will be a private 70-foot swimming pool and whirlpool spa with
floor-to-ceiling glass.
Other amenities include a recreation lounge
with state-of-the-art kitchen for private events; kid’s clubhouse ideal for
birthday parties; and gourmet take-out and delivery restaurant. The project’s below-grade space will feature
a state-of-the art fitness center with yoga room; sauna; steam room with
changing rooms; and private massage room.
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| Eric Anton |
The amenity-rich units
include wide-plank Larch wood floors imported from Scandinavia; 11- to 13-foot
ceilings; floor-to-ceiling operable, triple-glazed and insulated windows sound
rated to 40 decibels for 100-percent exterior noise reduction; custom designed
bathrooms; blackened steel, double-sided, wood-burning fireplaces with floating
hearths; and kitchens designed using Bulthaup’s state-of-the-art products.
The social kitchen blends
into the living area and is complemented by a chef’s kitchen outfitted for
everyday use with features including a Miele-integrated coffee/espresso
machine, steam oven and wine refrigerator.
Due for completion in
2017, the property will span the entire block of West Street between Leroy and
Clarkson Streets in the West Village.
HFF’s debt placement team
was led by Michael Tepedino, Eric Anton,
Christopher Peck and Geoff Goldstein.
“Just as Ian Schrager
redefined Bond Street, he is now transforming the West Village waterfront with
this latest venture. The irreplaceable
location will soon be home to an iconic project with detail and finish that
will bring luxury living to a new level,” Anton said.
“It was a privilege to
work alongside this partnership in procuring a capital solution best suited to
bring this project to life,” Peck added.
For a
complete copy of the company’s news release, please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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