A fully integrated real estate, development and construction company Oestreicher Properties together with GPB Capital Holdings, LLC, an asset management firm, have reached a significant sales milestone at its luxury condominium 211 Schermerhorn. Demand for the boutique condominium’s limited collection of homes has been incredibly strong since launching sales just eight months ago.
We’ve always felt that 211 Schermerhorn signified a unique buying opportunity in today’s market. The building’s fusion of classic and contemporary design, range of amenities, and incredible location make it appealing to buyers. Declaring the offering plan effective symbolizes a great moment for the project and we look forward to its continued success. – Deborah Tsabari, President of Oestreicher Properties
The Morris Adjmi-designed 211 Schermerhorn is an elegant and contemporary interpretation of the surrounding classic architecture and storied neighborhood in which it resides. Its large industrial-inspired windows, clean lines and textured Danish brick are the modern take on New York’s classic apartment buildings. The interiors for the 48 residences have been custom designed to exhibit timeless style and craftsmanship.
Boerum Hill is one of Brooklyn’s most popular neighborhoods, yet opportunities to buy new construction in the area are quite rare. 211 Schermerhorn addresses this demand for newly built luxury homes that still echo the classic and historic neighborhood. As the building continues to rise and approach completion, we expect the interest and demand to grow even stronger. – Michael Chapman, Director of Sales for Stribling Marketing Associates, exclusive sales and marketing firm for the building
211 Schermerhorn will offer its residents an extensive selection of curated amenities and services. The highlights include a fully equipped fitness center, game room, children’s playroom, lounge and media room. A communal rooftop garden with striking views of the Manhattan skyline and the New York Harbor is outfitted with an adjacent kitchen featuring a gas grill and built-in cabinetry. A 24-hour attended lobby features Lagos Azul limestone and an original work of art by a Brooklyn-based artist. Other services include bike storage and private storage units available for purchase. The building also includes 10,000 square feet of ground floor retail space.
Boerum Hill is one of Brooklyn’s most sought-after neighborhoods, attracting everyone from first-time home buyers to larger families. Its historic district, brownstone homes and quiet streets provide a classic Brooklyn ambiance, while an influx of hip boutiques and lauded restaurants have turned it into a destination. Smith Street in particular has become part of the City’s culinary scene, drawing diners from near and far. In addition to shopping and dining, though, residents of 211 Schermerhorn will be endlessly occupied thanks to the building’s close proximity to the Brooklyn Academy of Music, Barclay’s Center, DeKalb Market, and Chelsea Piers Fitness, which just opened earlier this month.
With construction underway, 211 Schermerhorn is slated for completion in 2019.
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