200 East 59th Street Announces Douglas Elliman Development Marketing Will Exclusively Handle Sales

7/17/17

Developer Macklowe Properties and its partners announce that Douglas Elliman Development Marketing will join Macklowe Properties Sales as the exclusive marketing and sales agent at Residences at 200 East 59th Street. Experienced Elliman brokers Barbara Russo, Natalie Rakowski, Tom Postilio and Mickey Conlon and will head up the sales team.

“We’re looking forward to working with Douglas Elliman Development Marketing on this special project,” said Harry Macklowe, founder and chairman of Macklowe Properties. “We have successfully paired with them for sales and marketing at our sister building, 432 Park Avenue, and I have full confidence that their industry knowledge and commitment to excellence will once again make them an extraordinary addition to our team. We are eager to begin our work together.”

The residential condominium, a 35-story, 67-unit tower, reaffirms Macklowe’s commitment to modernism, the hallmark of many of the developer’s past projects. The building features a mix of one-and two-bedroom apartments and three-bedroom penthouses. The sales gallery, located in the General Motors building on Fifth Avenue, captures the sun-filled essence of the wide-open, indoor/outdoor spaces of the condominium, as well as a nod to 432 Park Avenue.

“Harry Macklowe is a true visionary and we are delighted to be working with him once again,” said Susan de França, President and CEO of Douglas Elliman Development Marketing. “Harry’s distinctive architectural aesthetic ensures value at the properties he envisions and creates, including 200 East 59th Street.”

Every home is a corner residence and features expansive terraces, a coveted amenity in Manhattan. Vistas from terraced upper-level residences and full-floor penthouses are uniquely spectacular from this location where Midtown meets the Upper East Side - featuring views of Central Park, the Queensboro Bridge, and the Midtown skyline. Column-free interiors enjoy 10-foot ceilings surrounded by floor-to-ceiling insulated glass walls; ceilings in the penthouse residences reach 14 feet.

“Each residence affords expansive terraces and column-free interiors highlighting gracious living spaces and grand vistas,” added Barbara Russo, Director of Sales for Douglas Elliman Development Marketing. “We’re eager to start selling and are honored to be working on such an extraordinary project.”

The condominium is situated in the hub of NYC’s premiere shopping district, which is anchored by Bloomingdale’s and the D&D Building. The unmatched shopping of Madison and Fifth avenues, including Barneys and Bergdorf Goodman, is within a few minutes’ walk. 200 East 59th Street is steps away from Midtown office buildings, Central Park and is located near highly regarded restaurants, museums, galleries, and hospitals of the Upper East Side. Its proximity to the N, R, Q, 4, 5, 6, and F subway lines, as well as the FDR Drive and Queensboro Bridge, makes for very easy access both around and out of the city.

All residents will enjoy a host of amenities including a double-height white marble lobby, fitness center, lounge, and private dining room with a marble fireplace, catering kitchen, and a landscaped outdoor terrace. A separate laundry room with commercial oversized washers and dryers is on the premise, as is bicycle storage.

The condominium is a 24-hour, full-service building with an on-site resident manager and a full-time in-lobby concierge who will offer residents a range of bespoke services. Arrangements can be made for move-in planning and oversight, curation and installation of art work, housekeeping, pied-à-terre home management, personal training and coaching, reservations for restaurants and social engagements, and tickets to shows and sporting events. In addition, concierges will also be able to assist tenants with global travel coordination, passport assistance, private valet car service and parking, and valet storage services.

David Burke at Bloomingdale’s will offer event catering and a special in-residence dining service.

Pricing begins at $2.17 million and move-ins are anticipated in early 2018. The architect is CetraRuddy Architecture, an international award-winning architecture, planning and interior design firm. For more information on 200 East 59th Street, please visit www.200east59.com; email info@200east59.com or call https://www.dropbox.com/sh/ u9aocar60q4pj5y/ AACF6DTVUSbdxPE_Urpbdi6ea?dl=0

Credit for animal renderings and video is DBOX for Macklowe Properties.

Credit for building renderings is Studio AMD for Macklowe Properties.

About Macklowe Properties

Macklowe Properties was founded in New York City nearly 50 years ago by Harry Macklowe, and is best known for developing projects that transform the face of the New York City. With over 14 million square feet built including thousands of residential and hotel units, Macklowe maintains a strong reputation for delivering innovative design and the highest quality level of construction. The company’s developments include 432 Park Avenue, 737 Park Avenue, Metropolitan Tower, ThreeTen East 53rd Street, , and the Apple Cube on Fifth Avenue. The flagship Apple store, located in the GM Building’s Fifth Avenue Plaza, is known for its signature 32’ glass cube that is included on the American Institute of Architect’s list of America’s favorite architectural structures. Macklowe projects currently in development include One Wall Street and The Residences at 200 East 59th Street. For more information, visit www.mackloweproperties. com.

About Douglas Elliman Real Estate

Established in 1911, Douglas Elliman Real Estate is the largest brokerage in the New York Metropolitan area and the fourth largest residential real estate company nationwide. With more than 6,500 agents, the company operates approximately 90 offices in Manhattan, Brooklyn, Queens, New Jersey, Long Island, the Hamptons & North Fork, Westchester, Greenwich, South Florida, Colorado and Beverly Hills. Moreover, Douglas Elliman has a strategic global alliance with London-based Knight Frank Residential for business in the worldwide luxury markets spanning 59 countries and six continents. The company also controls a portfolio of real estate services including Douglas Elliman Development Marketing; Manhattan’s largest residential property manager, Douglas Elliman Property Management with over 250 buildings; and DE Commercial. For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, please visit www.elliman.com.

About Douglas Elliman Development Marketing

Douglas Elliman Development Marketing, a branch of Douglas Elliman Real Estate, offers unmatched sales, leasing and marketing expertise for properties throughout New York City, Long Island, Westchester, the Hamptons, Los Angeles, South Florida as well as throughout the United States and internationally. The firm ranks amongst New York City’s most prominent sales and marketing firms. Drawing upon decades of experience and market-specific knowledge, the Elliman team offers a multidisciplinary approach that encompasses every aspect of real estate including comprehensive in-house research, product development, marketing and sales, operations, property management, and mortgage financing. Through a strategic global alliance with Knight Frank Residential, the world’s largest privately owned property consultancy, the company markets properties to global audiences in 59 countries across six continents. For more information on Douglas Elliman Development Marketing, please visit, https://www.elliman.com/new- developments/marketing.

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