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Luxury condos more popular.

Luxury condominium developments in traditional neighborhoods have become increasingly popular among homebuyers, as more and more people look to liquid assets to guard against economic uncertainty, according to Louise Sunshine, CEO of The Sunshine Group.

Sunshine points to the Grand

Beekman, a new luxury residential condominium being developed at 400 E. 51st St. as an example. Over the last few months, sales have been substantial, topping $32 million, with a number of contracts being signed after Sept. 11.

A vision of developer Izak Senbahar and architect Costas Kondylis, Grand Beekman will rise 32 stories and feature 89 luxury residences designed to resemble the classic Park Ave. apartment layouts of the 1930s.

In addition, make sure to read these articles:

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    • Harry Macklowe, chairman of Macklowe Properties, and Louise M. Sunshine of The Sunshine Group, Ltd. hosted a celebration of the new Macklowe Properties luxury condominium, ......
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    • A new state-of-the-art 7,500-SF sales and design center for Tribeca's exciting new condominium residence, known as The Hubert; has opened at 32 Avenue of the ......
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    • What's in a name? In the case of Donald Trump, it was the difference between winning the bidding war for the Hotel Delmonico and falling ......
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    • Opening in the fall of 2003, The Alex (205 East 45th Street) is part of the new generation of luxury accommodations that take a customized ......
  • Luxury returning.
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  • Topping out ceremony held for Grand Beekman.
    • Symbolic of the last beam being hoisted in place, an oversized basket of red, white, and blue spring flowers, along with an American flag, was ......
  • Grand Beekman subject of oil painting.
    • Being rendered in oil may be unusual for a new Manhattan condominium, but then Grand Beekman has an unusually talented neighbor. Noted painter Ellen Liman ......
  • Christopher Gray to lecture on Beekman Place.
    • Noted historian and New York Times columnist Christopher Gray will deliver an illustrated talk on the historic Beekman Place neighborhood followed by a walking tour ......
  • Gallery Opens B'way Exhibition
    • The PaineWebber Gallery in Manhattan is ushering in the new theatre season with an appropriate new exhibit, "Direct From Broadway: 200 Years of New York ......
  • To buy or remodel, that is the...
    • More and more of today's homeowners are deciding whether 401 remodel their existing residence or purchase a newly constructed condominium, says Louise Sunshine, CEO of ......
  • Developing hands-on.
    • Patience and creativity. These have defined Izak Senbahar's real estate career over the past 16 years and helped spur his emergence as one of New ......
  • Outdoor space common in penthouse designs.
    • As demand increases among buyers for outdoor space, more and more developers are designing buildings that feature multiple set-back penthouses, according to Louise Sunshine, CEO ......
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