Fast and furious sales at Park Ave. condo.

In just six weeks since opening its sales office, 45 Park Avenue, the only new luxury condominium development on historic Park Avenue, is already 25% sold.

The incredible success of 45 Park Avenue, located at 37th Street, demonstrates the appeal of the neighborhood, the beautiful

"In New York City its all about location, and the world-renowned Park Avenue is a destination and major draw for buyers," commented Allen Goldman, president of SJP Residential Properties.

"Add to this the elegant design by distinguished architect Costas Kondylis and the first-class list of amenities and finishes, and you can see why 45 Park Avenue is one of the most desirable properties to come on the market in recent years."

By merging traditional Park Avenue features of spaciousness and elegance with modern amenities, materials and services, 45 Park Avenue stakes a unique claim on the market. The classically modern, 22-story development--scheduled for occupancy in Fall 2007--came to market with 105 large, luxurious one and two-bedroom residences.

Several buyers have purchased adjoining units creating even more spacious residences. Today, only 75% of the residences remain available for sale, each offering expansive views from nine-foot high windows, Juliette balconies from nearly every room, and every top-of-the-line appliance, fixture and mechanical feature a new luxury building is known for.

Common areas throughout the development have received tremendous attention to detail by the architect and developer, with a distinctive two-story glass entry atrium and lobby featuring Crema Marfil and Oro Toscano marble floors and Mozambique woods.

Homeowners will enjoy a spacious lounge, a large state-of-the-art health club, and an adjoining, secluded landscaped terrace. Building services include 24-hour doorman, concierge, security systems, and a package room with refrigeration for food deliveries. A unique feature to 45 Park Avenue are the 16 self-park garage spaces available for purchase to residents who prefer added convenience and privacy.

"45 Park Avenue offers some of the most beautifully well-planned homes in the City, and the market is recognizing this exceptional opportunity," said Adrienne Albert, president of The Marketing Directors, the marketing and exclusive sales agents for the property.

"There is always a strong demand for Park Avenue homes, but only today at 45 Park Avenue can we deliver a distinguished Park Avenue address in combination with the most modern design, amenities and construction found in a new building."