Station Companies, a leading real estate development firm focused on opportunistic value-add investments, is celebrating the 50% sold milestone and the procurement of its Temporary Certificate of Occupancy (TCO) at 14 Second Avenue condominium development. Located at the crossroads of New York’s dynamic East Village, NoHo, SoHo, and Lower East Side, the highly anticipated boutique luxury development is a stand-out in the current real estate environment attracting buyers seeking a quality building coupled with lower common charges. Honoring the neighborhood with a unique art culture and cuisine, Station Companies has collaborated with non-profit First Street Green Art Park to enliven the ground floor of the building’s exterior facing First Park. The first mural was painted by artist Jeff Henriquez.
“14 Second Avenue offers an opportunity for buyers seeking value, amenities and an active lifestyle in a newly constructed residential condominium located adjacent to a City park in the center of Downtown Manhattan,” says Daniel Vislocky, founder of Station Companies. “We are inspired by First Street Green’s stewardship of the Park for the benefit of the community, and in addition to the mural, we have added trees and plants to enliven the Park. We look forward to our continued collaboration.”
In 2008, First Street Green (FSG)converted a derelict lot at 33 East 1st Street into an open art space and garden, working with NYC Parks and Partnership for Parks to incorporated the lot into First Park. Today, FSG provides ongoing cultural activities and programs by engaging with artists, the community, and cultural groups that activate the public space. Jeff Henriquez is a full-time artist known for combining photo realism with elements of street art culture.
“First Street Green (FSG) is pleased to welcome our new neighbors as they join the community that we serve,” said Ann Shostrom, co-founder and director of First Street Green. “We are an all-volunteer group, and we hope some of the residents will become active participants.”
Ariel Tirosh of Tirosh & Team at Douglas Elliman Real Estate is handling the property’s marketing and sales. Tirosh & Team was recently recognized by The Real Deal as the top new development Team in New York City, having closed over $520 million in condo sales in 2022.
“Achieving 50% sales, especially in such a challenging market, points to the high level of quality in the project and to its exciting and exuberant location,” said Ariel Tirosh of Tirosh & Team at Douglas Elliman. “As the pipeline for new condo developments in Manhattan continues to shrink, we anticipate a shortage of inventory two to four years ahead. Smart buyers recognize the opportunity to get the deals they couldn’t get in the last couple of years and are not likely to get in the years to come.”
Developed by Station Companies and designed by Hustvedt Cutler Architectsand Garrison Architects, the 10-unit luxury condominium was designed for the modern buyer with healthy living considerations in mind. The residences at 14 Second Avenue boast open concept living rooms that showcase the incoming natural light that touches every corner. In addition, ConEd has rewarded the building for its energy efficiency. A tempered fresh air intake system dramatically improves each residence’s air quality. The building’s striking façade conjures the appeal of some of Manhattan’s most vibrant neighborhoods, while the property’s full-floor units feature unobstructed city skyline views.
New Empire Corp. (Bentley Zhao, Chairman & CEO) is the co-developer for 14 Second Avenue. A cutting-edge New York City based development and construction management firm dedicated to building top-quality residential mixed-use projects, New Empire Corp. complements the experience brought by Station Companies, having successfully renovated and built over 120 residential multifamily projects throughout New York City.
The units at in the boutique condominium offering are a mix of two-bedroom or three-bedroom, two-bathroom configurations with one garden duplex offering. In addition to the wellness features, 14 Second Avenue boasts luxurious design elements that set the residences apart from other offerings on the market. The kitchens include cabinets imported from Italy and designed by Dom Interiors, matte Dornbracht fixtures, and state-of-the art appliances such as a cook top, convection oven, dishwasher, refrigerator, and an undercounter wine cooler. Not to mention, all kitchens and dryers are ventilated directly to the roof for optimal living. Bathrooms showcase large, heated porcelain floor-tiles, Nubalado textured marble accent walls, and a white Zuma tub, the bathrooms. Residents can enjoy beautiful 360-degree views from the building’s rooftop deck.
14 Second Avenue is just steps away from some of the city’s highest-rated and most-visited restaurants and museums. For commuters, the building is in very close proximity to subway stops and offers quick access to FDR Drive.
