April 8th 2013
Press Release
Warburg Realty, one of Manhattan’s oldest and most respected residential real estate companies, is proud to announce that all 24 residences at Park Lane Condominium, a luxury pre-war building located at 118 West 112th Street in the lively Manhattan neighborhood of Harlem, have been sold. Frederick W. Peters, President of Warburg Realty, made the announcement.
The innovative sales team of Charlie Lewis and Alicia Corpening successfully completed the sales program for the building’s developer, Tahl Propp Equities. The team attributes its success to the units distinctive design, great amenities and ideal location—just a short walk to Central Park, one of the best places to enjoy green space in New York.
“We are excited about the successful sell out of Park Lane, a beautifully restored property that combines classical architecture with contemporary living,” said Mr. Lewis. “Savvy buyers were attracted to the spacious homes and great amenities in the building, as well as the dynamic Harlem neighborhood.”
The average unit price per square foot for Park Lane Condominiums was $590.
“We want to congratulate the Warburg team on the successful sell out of Park Lane,” said Rodney Propp, chairman of Tahl Propp Equities. “Charlie and Alicia did a tremendous job with the sales campaign and were able to find buyers their perfect home.”
About Park Lane Condominium
The 24 unit, six-story, recently renovated building at 118 West 112 Street offers all of the elegance of classical architecture with modern day living. Apartment sizes range from one to three-bedrooms. The finishes in the apartment reflect a commitment to keeping the buildings charm.
Building amenities include a fitness room, private storage, furnished patio garden with a jungle gym and playground for kids, and bike storage. These amenities make it easy to enjoy common space without having to leave the comforts of home. The building’s central location is close to schools, mass transit and all of the terrific shopping and great restaurants the neighborhood has to offer.
Each lovingly restored apartment at Park Lane features a washer-dryer, solid oak flooring and high ceilings with intricate crown molding. Open concept kitchens are enhanced with Thermafoil cabinets, white Celador countertops and top of the line chrome hardware. Bathroom features include D’Orient Palmira tile in Carrera marble and Kohler bathtubs.