Douglas Elliman

Real Estate Weekly, Dec 15, 1999

A new luxury loft condominium at 291 Seventh Avenue, a 10-story classic Chelsea loft, is now providing residential opportunities in one of New York's newest up and coming neighborhoods, North Chelsea. The developer, 291 Seventh Avenue Realty, LLC, has appointed Douglas Elliman as the exclusive marketing and sales agent for the project.

At 291 Seventh Avenue, the full floor residences are light and open with approximately 3,400 square feet of living space, two to four exposures, 11-foot ceilings, and genuine oak and wood strip flooring. Each loft offers a large gourmet kitchen featuring GE "Monogram" series appliances, luxury master bathrooms with 6-foot soaking bathtubs and separate shower stall, and a laundry room. Wood-burning fireplaces, two-zone central air conditioning and individually controlled baseboard heating are also special features.

The building has also been updated with an attractive new lobby and amenities such as a key-locked elevator, automatic and freight elevators, a high-tech video intercom security system, high-speed Internet access, telephones, fax machines and cable television.

According to Helene Luchnick, senior vice president of Douglas Elliman, "291 Seventh Avenue, with its state-of-the-art amenities and great layouts, will undoubtedly satisfy buyers who are looking to live in an attractive, reasonably priced loft building. The building's close proximity to SoHo, Union Square, The Village, and the Broadway Theater District also make this a very desirable location in which to live."

Luchnick added, "North Chelsea is undergoing exciting changes. I believe that lofts in this eclectic neighborhood will prove to be an excellent value over time."

Residences at 291 Seventh Avenue range in price from $950,000 to $1.995 million, and will be available for occupancy in the winter of 2000. Appointments are available exclusively through Helene Luchnick, who can be reached at (212) 965-6008.