Photo Credit: Adrian Gaut
In Market

Upper West Side’s 393 West End Avenue Unveils First Completed Residence; Robert Kraft Sets Record with $23.75 Million Palm Beach Penthouse Purchase

By: Ameena Walker

Robert Kraft Sets Record with $23.75 Million Palm Beach Penthouse Purchase

New England Patriots owner Robert Kraft has purchased a Maya Lin-designed penthouse in Palm Beach, Florida, for $23.75 million, setting a record for the priciest condominium ever sold in the city, reports the Wall Street Journal.

The nearly 5,000-square-foot home was sold by the estate of the late oil and gas executive Erving Wolf, who purchased the home in 2000 for $6 million. Located directly above the beach, the penthouse offers four bedrooms, floor-to-ceiling windows with glistening views of the Atlantic Ocean, natural wood and stone finishes, and a 1,300-square-foot wraparound terrace. 

Upper West Side’s 393 West End Avenue Unveils First Model Residence 

The storied prewar CetraRuddy-designed condominium conversion at 393 West End Avenue on Manhattan’s Upper West Side is showing off its first model residence, currently on the market for $6.13 million

Spanning 2,435 square feet, the four-bedroom, four-bathroom home was designed by Crystal Sinclair of New York-based Crystal Sinclair Designs and features a fun medley of colors, textures, and patterns that are paired with both vintage and contemporary furnishings sourced from around the world for a warm and eclectic space. Drawing inspiration from the eye-catching geometric prints and playful patterns that are hallmarks of the 1970s, Sinclair uses a color palette of inviting tones and rich browns, creamy whites, and soft pinks, complemented by textured and layered fabrics. 

The residence is one of the building’s 75 residences that are still available for purchase. The apartment also offers custom millwork, white oak chevron floors, restored tray ceilings, and three exposures with views of the Hudson River.

Swire Proposes First Supertall in Miami’s Brickell Key

Hong Kong-based development company Swire Properties has proposed a waterfront, two-tower development that would rise on Miami’s Brickell Key island, the Real Deal reports. The proposal calls for one tower that would rise 1,049 feet tall and another rising 700 feet, both located on the site of the existing Mandarin Oriental hotel at 500 Brickell Key Avenue and the adjacent park, already zoned for residential use. 

In partnership with Stephen Ross’s Related Companies, Swire is currently developing One Brickell City Centre, a 1,049-foot-tall mixed-use tower that will include retail, offices, a hotel, and condominiums and is expected to break ground this year.

One Essex Crossing Duplex Penthouse with Private Rooftop Asks $4.45 Million 

Penthouse E, the last unsold penthouse at the CetraRuddy-designed One Essex Crossing on Manhattan’s Lower East Side, is looking to find a buyer willing to drop $4.45 million on the 1,693-square-foot expanse. Offering two bedrooms and two bathrooms, the penthouse showcases staging by NYC-based Waverly Staging to highlight its 10-foot-high ceilings, wide-plank European oak flooring, open kitchen with imported Italian cabinetry, and stunning views of the Brooklyn Bridge and Financial District. The abode also comes with a 712-square-foot wraparound private roof terrace that is ideal for outdoor entertaining while overlooking the city’s skyline.

Arquitectonica-Designed Boutique Condominium Heads to Surfside 

Brazilian developer José Isaac Peres has secured approvals for a luxury 12-story boutique residential building in Miami’s Surfside section. According to Haute Residence, the building will be designed by Arquitectonica and rise at 9317 Collins Avenue, offering 25 residences with interiors by Carla Guilhem. Each residence will feature private elevator entrances, 10-foot-high ceilings, natural stone floors, contemporary kitchens with Italian finishes, and expansive terraces with panoramic ocean and city views. 

The building’s amenity package will be composed of a curated wellness spa, a Technogym fitness center, a rooftop pool with cabanas and a bar, and a multipurpose club room with a chef’s kitchen. 

9317 Collins Avenue is expected to be officially launched in the first quarter of 2023.