Photo Credit: E11even Hotel & Residences
In Market

Surging Sales at 145 Central Park North; London’s Sky-High Swimming Pool

By: LX Collection

Miami’s E11EVEN Hotel & Residences Are 90% Sold

The 375 condominiums at E11EVEN Hotel & Residences Miami hit the market in February and are already 90% under contract, according to a spokesperson. The 65-story luxury development features studios to two-bedroom homes, priced from $300,000, as well as penthouses topping out at more than $20 million. AvroKO Hospitality designed the interiors with appliance packages from Wolf and Sub-Zero, smart home technology, LED fireplaces, and French balconies with views of Biscayne Bay. 

Amenities will include Dr. Deepak Chopra’s Spa & Studio, a 10,000-plus-square-foot space with a yoga center, Pilates and meditation rooms, hot and cold pools, and wellness programming; a 20,000-square-foot Beach Day Club; a casino-style sports lounge; and five restaurants. The project’s developers expect to break ground in the third quarter, with occupancy roughly slated for early 2024, according to The Real Deal.

London Unveils the Ultimate Amenity: 115-Foot-High Swimming Pool

Embassy Gardens, in London’s Nine Elms neighborhood, has unveiled the ultimate residential amenity: an 82-foot-long transparent swimming pool that spans the 10th floor of two residential skyscrapers. The Sky Pool is the work of Arup Associates—which also had a hand in designing the Sydney Opera House—engineering firm Eckersley O’Callaghan, and Reynolds, an aquarium-design firm. According to CNN Travel, the 10-foot-deep pool hovers 115 feet high and is the largest freestanding acrylic structure in the world. 

The 375-ton pool was manufactured in Colorado, shipped to its new home, and lifted into place by a 750-ton mobile crane supported by a 50-ton crane. “The lifting was a precision process, as there was a tolerance of just 30 centimeters in installing the pool into its steel frame,” one developer said in a statement

145 Central Park North Residences Flying Off the Shelves

In the past month, three three-bedroom homes and two one-bedroom homes at 145 Central Park North, the 37-residence building developed by Grid Group and designed by Gluck+, have gone into contract. Homes are priced from $1.3 million; the four-bedroom Penthouse B is listed for $4.75 million.

“Almost every residence has stellar park views and light throughout the day, which is very important to buyers now. The last thing anyone wants is to feel locked in with unremarkable views after 2020,” broker Ryan Serhant tells LX Collection. “We’re attracting New Yorkers who are discovering Central Park North for the first time and those first-time buyers who appreciate the value in a stellar new condominium. Grid Group is also known for a superior product. They leave no stone unturned as far as quality, which is every buyer’s dream.”

Leonardo DiCaprio’s Former Home Seeks $8.5 Million

Circadian rhythm lighting systems, vitamin C-infused showers, and in-duct aromatherapy are just a few of the wellness features built into New York’s Delos building at 66 East 11th Street, where a residence formerly owned by Leonardo DiCaprio has just hit the market for $8.5 million, according to the New York Post. The 3,673-square-foot, fourth-floor residence—just one of six homes in the building—has three bedrooms and two-and-a-half bathrooms. The property is the first WELL Certified building in the world.

Miami’s Condo Glut Means Buyers Have More Time to Pick and Choose

Despite Miami’s white-hot seller’s market that has driven up prices in the region by 17% year-over-year, a Realtor.com report finds that the Miami metropolitan area—which also includes Fort Lauderdale and West Palm Beach—is one of the slowest-moving markets in the country. The real estate site found that properties in the region spent a median of 72 days on the market in April; the national median, by comparison, was 43 days on the market. Realtor.com attributes the lag time in sales to fewer international buyers this year (though buyers from the Northeast have headed south in droves during the pandemic). What’s more, the region’s boom in high-rise condominiums is driving the surplus that gives buyers more choice.