Photo Credit: COMPASS / Hayley Ellen Day
In Market

$36M Manhattan Penthouse with Private Rooftop Pool Heads to Market; Miami Beach’s 42 Pine Launches Sales from $700,000

By: Ameena Walker

Miami Beach’s Boutique Condominium 42 Pine Launches Sales from $700,000

The eight-story condominium building taking shape at 340 W 42nd Street in Miami Beach has launched sales on its 50 residences. The building, named 42 Pine, was designed by Miami-based architecture firm Arquitectonica, with ULU Studio as the landscape architect. It features residences that measure between 700 to 2,700 square feet with one- through three-bedroom configurations. Prices start at $700,000 and go as high as $4 million.

Each residence boasts French white oak flooring, a chef’s kitchen with custom Italian cabinetry, appliances by Wolf and Sub-Zero, floor-to-ceiling windows, and a private terrace with glass railings that emphasizes a connection to the outdoors. 

“We drew our inspiration for the design of 42 Pine from the idea of a hill town,” said Bernardo Fort-Brescia, principal of Arquitectonica, in a statement. “The expression is one of individual villa clusters to create a vertical neighborhood. The concept is reinforced by the use of contrasting materials that highlight the cubic village idea.”

A pool, spa, fitness center, game room, children’s playroom, and yoga/meditation lawn are among the building’s perks. Completion is anticipated in 2023, reports South Florida Agent Magazine.

$36M Manhattan Penthouse with Rare Private Rooftop Pool Is Coming to Market

Hedge fund manager Teddy Kang and his wife, Elise Kang, are parting ways with their Flatiron penthouse in Manhattan. Mansion Global reports that the couple purchased three floors at 55 West 17th Street in 2017 for $16.76 million and are planning to list the expansive home for $36 million. The couple worked with developer Toll Brothers City Living to combine the three floors for a six-bedroom penthouse connected by a sculptural spiral staircase. They also worked to create a custom rooftop with a 20-foot-long swimming pool, a hot tub, an outdoor dining area, and immaculate views of Manhattan.

Justin Bieber’s Former Beverly Hills Condo Hits the Market Asking $3.5M [Listing]

Justin Bieber’s former Beverly Hills penthouse is officially up for grabs, People reports. The apartment spans more than 2,000 square feet with two bedrooms and two-and-a-half bathrooms. In the living room, there is custom LED lighting and a floor-to-ceiling retractable wall of glass that opens to a covered terrace, while the kitchen offers a massive center island with a breakfast bar and appliances by Miele. There is a private roof deck with a hot tub, outdoor kitchen and bar, a living area with a firepit, and a built-in BBQ station. Asking price is $3.5 million.

In Williamsburg, the Umbrella Factory Launches Sales from $600,000

Sales have finally launched at the Umbrella Factory, a former factory building in Brooklyn’s Williamsburg neighborhood that underwent a lengthy transformation into 69 condominium lofts, reports New York Business Journal. Developed by SL Development and designed by Rawlings Architects, the industrial-chic residences range from studios to three bedrooms, with prices between $600,000 and $3 million.

Maintaining much of the building’s original character, apartments at the Umbrella Factory feature high ceilings with exposed heavy timber beams and matte black hardware for a warm, rustic feel. There’s also wide-plank, select-grade wood flooring, soundproof floor-to-ceiling windows, appliances from Bosch, and bathrooms with porcelain tiling and custom vanities. Building amenities include a doorman, fitness center, pet grooming station, and a roof deck with private and communal dining areas, a BBQ station, a dog run, and views of the Manhattan skyline.

Closings Commence at Monaco Yacht Club & Residences in Miami

Closings are underway at one of Miami’s newest bayfront condominium buildings. Designed by Arquitectonica, the Monaco Yacht Club & Residences offers just 39 residences overlooking Biscayne Bay, the Atlantic Ocean, and Miami’s skyline. Designs were curated by Italian architect and designer Piero Lissoni and include wide-plank flooring, floor-to-ceiling sliding glass doors and windows, European-inspired kitchens with integrated Miele appliances, bathrooms with deep-soaking tubs and marble flooring, and expansive terraces with stunning views. 

Monaco Yacht Club & Residences features one- to four-bedroom residences, ranging in size from 918 to nearly 5,000 square feet, with prices starting at $1.1 million.