omniture

I.M. Pei Building in Manhattan Offers Last Units for Sale in Hong Kong

New York Residence Inc.
2011-03-22 04:56 2532

How about investing in an apartment that will become a collector's item?

HONG KONG, March 22, 2011 /PRNewswire-Asia/ -- The Centurion Condominium, located in the heart of Manhattan on 56th Street next to Fifth Avenue, falls into that category.

(Photo: https://photos.prnewswire.com/prnh/20110317/NY67592 )

Designed by master architect I.M. Pei who created the Bank of China building in Hong Kong, Raffles City in Singapore, the Four Seasons Hotel in New York and the pyramid of the Louvre in Paris, The Centurion combines exclusivity with elegance.

Only steps from Central Park, Fifth Avenue and many of New York's best shops such as Gucci, Prada, Hermes, Tiffany's, Louis Vuitton, Bulgari and Harry Winston, the building offers easy access to the absolute best of New York.

The Centurion is the first new building in this part of New York for over 20 years since land is extremely scarce in this sought after area. And it is the only condominium ever designed by I.M. Pei and Pei Partnership Architects - Pei celebrates his 94th birthday next month.

The Wall Street Journal called the building "striking" and praised its "sense of serenity" achieved by generous layouts, a water garden, a facade in French limestone, and luxurious services such as a 24 hour doorman and security. Owners who rent their units benefit from some of the highest rents in the city.

Now, the developers of the Centurion present this outstanding investment opportunity in Hong Kong.

Interested investors can schedule a private meeting during a cocktail reception at the Grand Hyatt on March 30th, from 10:00 am to 5:00 pm.

Over 60% of the project is already sold. The remaining units - some of them are just being released and are the best units in the building, including penthouses - can be acquired at a significant discount of a million dollars and more. Apartments start at only $2.5 million - significantly below prices for similar properties in the area.

For investors interested in purchasing commercial property, there is a parking garage and a gallery space available.

"There is no better opportunity in Manhattan's high end residential market now," says Thomas Guss, president of New York Residence Inc., who is presenting the Centurion in Hong Kong. Already, demand by savvy investors for prime property in Manhattan exceeds the supply by far as, once again, Manhattan proves to be one of the safest real estate markets in the world.

For one of the remaining time slots for a private presentation at the Grand Hyatt, the developers can be reached at thomas@centurioncondo.com and by phone at +852 2251 1860. A detailed investment report on the building can be downloaded for free at www.centurioncondo.com.

New York Residence Inc.
Thomas Guss
+1 212 840 1616

Source: New York Residence Inc.
Keywords: Real Estate
collection