Closings Underway At Lux Williamsburg Condominium: 308 N 7th Street

April 14, 2019

https://newyork.citybizlist.com/article/542967/closings-underway-at-lux-williamsburg-condominium-308-n-7th-street

 

Since launching sales only a handful of months ago, 308 N 7th Street, a new condominium inspired by historic Williamsburg, has announced the commencement of first closings and initial occupancy. Located in the heart of Williamsburg, 308 N 7th offers elevated living, thoughtful amenities and a rare 15-year tax abatement.

 

“We are thrilled to welcome our first buyers into their new homes,” said Omri Sachs, co-founder of Adam America Real Estate, which is developing the building along with Naveh Shuster Group. “In today’s market, buyers are attracted to buildings offering a high-quality product, coupled with a tax abatement that helps lower carrying costs.”

 

Drawing inspiration from the rich history of Williamsburg, the new construction building features a distressed brick façadeoffset by a herringbone pattern and modern metal panels giving the building its stately presence.

 

Inside, the richly appointed interiors are designed by Paris Farino. Residences were specifically designed to maximize views and outdoor space. Offering 45 residences, including three penthouses and three garden-level homes, spread across nine floors, the condominiums range from one to three bedrooms. Twenty-nine of the residences also feature private outdoor space.

 

Another hallmark of 308 N7th is its full suite of services and amenities. Uniquely located on the top floor of the building,every resident will have access to the view from the first-class amenity spaces on the penthouse level. These spaces include a fitness room with an exterior portion for outdoor exercise; a large terrace equipped for barbequing; private cabanas available for purchase; and a children's playroom with stunning views of the Manhattan skyline from two sides.

 

On the ground floor, residents willbe welcomed into the building through a luxurious double-height attended lobby that leads to a beautifully landscaped garden. This floor also provides a package room and bike room as well as 23 private indoor parking spaces available for purchase.

 

308 N 7th is located in the center of Williamsburg, an energetic neighborhood in Brooklyn, filled with galleries and restaurants, parks, boutiques, live music and street art. The building is very conveniently located, only a short walk from the L, G and M trains, as well as the incredible greenery in McCarren Park and East River State Park. The neighborhood is also home to an array of culinary destinations, such as Smorgasburg, four Michelin-starred restaurants and Whole Foods. Incredible nightlife venues and concert halls, in addition to private exercise studios, are just mere blocks away.

 

Sales and marketing are being led by The Shemesh Team at Douglas Elliman Real Estate.Prices start at $840,000. The sales gallery, which is located in the building, features a fully outfitted model residence. For additional information or to schedule an appointment, please contact the sales team 718-388-3778 or visit 308n7.com.

 

Adam America Real Estate (AARE) is currently Brooklyn’s most active residential developer by number of projects, with over 20 value-add renovation and development projects launched since 2009. The company focuses on both rental and condominium developments in prime New York City neighborhoods. AARE’s current New York City development portfolio includes nearly 20 projects with over 1,200 apartments, and over 91,000 square feet of commercial space; totaling around 1.75 million square feet. To date, Adam America has completed more than 1,200 apartments and has approximately 1,600 additional units currently in construction or predevelopment phase. The firm has invested or committed to invest $1.6 Billion in various stages of construction.

 

The Naveh Shuster Group Zvi Shuster was a man of vision who laid the professional foundation and established the corporate values for the group’s constant growth in Israel and the U.S.A. Dalia Shuster is currently managing and leading the group following the principals set forth by the founder, allowing them to maintain their position as one of the most reliable and professional teams in the industry. Under Dalia’s direction, the group has continued to grow and expand their business while living up to the vision of its founder. The group engages in a wide range of development, construction and real estate fields in Israel and abroad.

 

The Shemesh Team at Douglas Elliman Real Estate The Shemesh Team led by TamirShemesh is New York’s leading team specializing in pre development planning, branding and sales & marketing of exclusive condo new development. The Shemesh Team has over 20 years of record-breaking sales achievement and proven track record in the marketing of over 25 Luxury and Exclusive new development condominiums throughout New York City. Established in 1911, Douglas Elliman Real Estate is the largest brokerage in the New York Metropolitan area and the third largest residential real estate company nationwide. With more than 7,000 agents, the company operates approximately 113 offices nationwide. Moreover, Douglas Elliman has a strategic global alliance with London-based Knight Frank Residential for business in the worldwide luxury markets spanning 60 countries and six continents.

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