cdr108
Senior Member
NEW YORK, Nov. 9 /PRNewswire/ -- Arc Development announced the first luxury high-rise auction in the Tri-State area for its Solaria development located in Riverdale. It is believed to be the largest auction of luxury residences in the Northeast, with 54 units up for grabs.
(Photo: http://www.newscom.com/cgi-bin/prnh/20091109/NY07869 )
Scheduled for Sunday, November 22 at 1 p.m. at Manhattan's Sheraton New York, the auction will be conducted by Real Estate Disposition, LLC (REDC), which has auctioned an industry-leading 50,000 properties for $6 billion in the last two years.
"Everyone who visits Solaria loves what they see, from the spacious homes to the wonderful building amenities," says Joseph Korff, president of Arc Development. "We understand buyers are cautious in this current economic environment and this will give prospects a unique opportunity to purchase a luxury home at auction. It's our way of meeting the market. We believe this is an ideal time to buy, as experts are now saying that the New York City real estate market has stabilized and interest rates are at or near historic lows."
Solaria's spacious homes, which are currently listed from $660,000 to $4.35 million, will start auction bids as low as $299,000 (for a 812 square feet 1 bedroom unit). Terrace and penthouse homes, some in excess of 3,000 square feet, are included in the auction.
According to REDC CEO Jeffrey Friedan, auctions now play a major role in real estate sales with ever-increasing numbers of developers, builders, and the public, making auctions the preferred choice over conventional, time-consuming and expensive sales methods.
"Consumers are just now beginning to understand how beneficial our auctions are," he says. "We are already seeing enormous interest in the Solaria auction. New Yorkers have been waiting for an event like this, the first of its kind in over a decade."
Solaria is the highest building in the area and offers unprecedented views of the Hudson River, Palisades and Midtown Manhattan. The unique development includes onsite parking; a state-of-the-art fitness center; 24-hour doorman and concierge; lounge and entertainment center; an indoor-outdoor children's play area designed and furnished by Pottery Barn Kids; and the city's first stargazing roof deck with telescope observatory.
Solaria's sales office is located at 640 West 237th Street in Riverdale. For information, please contact us at 800-617-0961 or visit www.AuctionToday.com.
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EDIT:
here are some floorplans and prices ! ! !
http://www.solariariverdale.com
http://www.redcauctionhome.com/auction-detail.php?auctionID=D-048
there's even 1496 SF 2 bed/2.5 bath starting bid at $399,000;
1906 SF 3 Bedrooms / 3.5 Bathrooms for $549,000
holy crap ... look at the Features, Finishes and Amenities ... they aren't kidding when they say luxury.
Features & Amenities
** Commuter Shuttle vehicles will vary based upon demand. Hours and operation subject to change without notice under the direction of Condo Association Board of Directors.
(Photo: http://www.newscom.com/cgi-bin/prnh/20091109/NY07869 )
Scheduled for Sunday, November 22 at 1 p.m. at Manhattan's Sheraton New York, the auction will be conducted by Real Estate Disposition, LLC (REDC), which has auctioned an industry-leading 50,000 properties for $6 billion in the last two years.
"Everyone who visits Solaria loves what they see, from the spacious homes to the wonderful building amenities," says Joseph Korff, president of Arc Development. "We understand buyers are cautious in this current economic environment and this will give prospects a unique opportunity to purchase a luxury home at auction. It's our way of meeting the market. We believe this is an ideal time to buy, as experts are now saying that the New York City real estate market has stabilized and interest rates are at or near historic lows."
Solaria's spacious homes, which are currently listed from $660,000 to $4.35 million, will start auction bids as low as $299,000 (for a 812 square feet 1 bedroom unit). Terrace and penthouse homes, some in excess of 3,000 square feet, are included in the auction.
According to REDC CEO Jeffrey Friedan, auctions now play a major role in real estate sales with ever-increasing numbers of developers, builders, and the public, making auctions the preferred choice over conventional, time-consuming and expensive sales methods.
"Consumers are just now beginning to understand how beneficial our auctions are," he says. "We are already seeing enormous interest in the Solaria auction. New Yorkers have been waiting for an event like this, the first of its kind in over a decade."
Solaria is the highest building in the area and offers unprecedented views of the Hudson River, Palisades and Midtown Manhattan. The unique development includes onsite parking; a state-of-the-art fitness center; 24-hour doorman and concierge; lounge and entertainment center; an indoor-outdoor children's play area designed and furnished by Pottery Barn Kids; and the city's first stargazing roof deck with telescope observatory.
Solaria's sales office is located at 640 West 237th Street in Riverdale. For information, please contact us at 800-617-0961 or visit www.AuctionToday.com.
=======
EDIT:
here are some floorplans and prices ! ! !
http://www.solariariverdale.com
http://www.redcauctionhome.com/auction-detail.php?auctionID=D-048
there's even 1496 SF 2 bed/2.5 bath starting bid at $399,000;
1906 SF 3 Bedrooms / 3.5 Bathrooms for $549,000
holy crap ... look at the Features, Finishes and Amenities ... they aren't kidding when they say luxury.
Features & Amenities
- Spacious living areas with corner windows of floor to ceiling glass
- Large panel casement windows
- Argentine cherry hardwood floor throughout
- Pre-wired for high speed internet and cable TV
- Fios ready
- Full-size stacked Bosch washer and dryer
- Windowed kitchens
- Shaker style cherry cabinets with built-in magic corners and lazy susans
- Cafe Imperial granite countertop
- Italian Bianco Antico marble full height backsplash
- Dual chamber deep under mount stainless steel sink
- Insinkerator instant hot and filtered water dispenser and whisper quiet garbage disposal
- Viking Designer Series paneled refrigerator and stainless steel gas range
- Fisher & Paykel double-drawer paneled dishwasher
- Dacor stainless steel convection microwave
- Radiant heated floors
- Jerusalem limestone full height walls, floor and countertop
- Zuma deep soaking tub with stone deck
- Separate frameless glass enclosed shower
- Botticino mosaic stone floor
- Wainscot height botticino marble and coordinating countertop
- DaVinci faucets and vessel sink mounted on custom built hardwood table
- Toto comfort height water closet
- 24 hour attended lobby
- Concierge Services including cold storage for your Fresh Direct orders and fresh flowers
- Programmable elevators (concierge controlled)
- Fully equipped state-of-the-art fitness center
- Residents Lounge and dinning area with catering kitchen and home theatre system
- Indoor children's play area
- Rooftop terrace with breathtaking views featuring an observatory with celestial telescope
- Portico Area
- Storage Bins Available
- Shuttle Service to the Metro North Station and Manhattan**
- Parking Available ($250 + tax. A refundable deposit of $100 is required for the garage door remote control)
- BuildingLink web-based system that allows you to remotely notify building management of issues that need to be addressed in your home
** Commuter Shuttle vehicles will vary based upon demand. Hours and operation subject to change without notice under the direction of Condo Association Board of Directors.
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