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Katharine Hepburn has slept in this Hollywood home before, The Standard Ventures Into Residences and more real estate news




Brooklyn Tower reaches record height

Construction peaked on October 28 on the Brooklyn Tower at 9 Dekalb Avenue, the borough’s first skyscraper.

According to JDS Development Group, the 1,066-foot building will house 550 units over 93 floors with a mix of rentals and, on higher levels, residences to buy. It will also house a 100,000 square foot retail podium that includes the adjacent Dime Savings Bank building, designed by Mowbray and Uffinger in 1908.

The SHoP architects were inspired by the iconic structure with an exterior cladding in stone, bronze and stainless steel and vertical elements that reflect the columns of the banks.

Douglas Elliman is the exclusive sales and leasing agent for the building, which is expected to welcome residents in 2022.

The tower designed by SHoP Architects.

Photo: Gary Hershorn / JDS Development Group

Standard branches beyond hotels

The Standard is the latest hotel group to put its unique mark on residential developments, starting with Standard Midtown Miami Residences, which is expected to lead the way next year with a completion date of 2023.

Conveniently located between the Design District and Wynwood, the 12-story building designed by Arquitectonica will house 228 pied-terre-style residences ranging from studios to two bedrooms, as well as unique shared spaces including a karaoke bar, rooftop restaurant and pickleball courts.

Embracing the trend of flexible living, developers allow owners to rent their units for one month at a time.

We give our loyal customers and fans of what we do around the world the opportunity to experience The Standard in a way that recognizes the way the next generation wants to live, said Amar Lalvani, Executive Chairman of Standard International , in a statement.

Standard residences in downtown Miami.

Image: Courtesy of The Standard Residences, Midtown Miami

In the news

Luxury sales in Manhattan continue to stun

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It was another peak week for luxury real estate in Manhattan, with 67 properties contracting for $ 4 million or more between November 15 and 21. This is most of the year, according to The weekly report from real estate specialist Donna Olshans, and the fifth time in 2021 that 50 or more agreements have been signed at this level.

Condos topped co-op sales by 45-16, although the biggest deal was a $ 29.5 million townhouse on East 68th Street that had been on the market since July.

In total, the total weekly sales volume of $ 613,744,899 was the best performance since the launch of the Olshan Report in 2006.




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