The 505 In Hell’s Kitchen Passes All Inspections

by admin ~ June 25, 2009

On June 25, The 505 in Hell’s Kitchen announced that all building inspections for the first phase are complete and the development passed with flying colors!  The 505 is 93% sold and is now preparing for the TCO.  Check out the press release below!

STATUS UPDATE:

THE 505 IN HELL’S KITCHEN PASSES ALL INSPECTIONS; PREPARES FOR TCO With Only 7 Units Remaining, The 505 is 93% Sold Out; Closings Set to Begin

NEW YORK, NY - June 25, 2009 - Parkview Developers LLC and Halstead Property Development Marketing today announced that all engineering and building inspections for the first phase are complete at The 505 in Hell’s Kitchen, and the developers are preparing for the Temporary Certificate of Occupancy

(TCO) so that closings may begin. 

As of yesterday, all engineering and building inspections for the first phase at The 505 have been completed and passed.  According to Developer Mati Weiderpass, “We officially passed our Department of Buildings inspection yesterday and now the building is being readied for the first phase of appraisals, closings and occupancy.  We expect to close the first unit by the end of July.”  The 505 passed on the first inspection by the DOB.

The 505 is a luxury condominium and gardens development complex in Hell’s Kitchen located at 505 West 47th Street. With only seven units remaining, The 505 is 93% sold out. The seven-story newly constructed condominium has a total of 108 residences situated in two buildings surrounding a garden courtyard that make up a half acre of land. For a full list of remaining residences, please visit: http://www.the505hk.com/.

The 505 features a 24-hour attended lobby, a fitness center with Technogym Excite^TM equipment, landscaped courtyard and furnished roof terrace with barbecue, bike and individual storage, WiFi and FIOS technology, and washers and dryers in every unit. More than half of the residences at The 505 feature private gardens, balconies, or private rooftop terraces, and the top floors boast marvelous, unobstructed views of the city skyline. 

The 505 was designed by architect H. Thomas O’Hara and developed by Lev Parkview Developers, LLC, a majority owned venture of Parkview Developers.

Halstead Property Development Marketing and Nest Seekers International serve as the co-exclusive marketing and sales agents. For listing details, please   

visit: http://www.the505hk.com/ or http://www.parkviewdevelopers.com/ or contact Vince Rocco at (212) 381-2357.

For more information, tours or high-resolution photos and renderings, please contact Megan Raphael at (212) 867-8778 or megan@mediashoppr.com. 

About Parkview Developers LLC

Parkview Developers LLC has developed numerous residential, hotel and commercial properties in New York City, and is dedicated to excellence and quality in both design and construction.  In addition to the development of the new condominium project The 505 in Hell’s Kitchen, the group assembles land for development and acquires individual properties to fully renovate them into modern, luxurious residences for resale.  For more information, please visit: http://www.parkviewdevelopers.com/.

About Halstead Development Marketing:

Halstead Development Marketing is the exclusive sales and marketing firm for numerous new developments in the tri-state area.  They consult with developers on every aspect of the development process, including:

pre-development planning such as comprehensive market research, detailed unit mix and layout analysis and amenities planning, all of which enables their clients to maximize sales prices, increase absorption rates and provide an overall superior  product benefiting the  consumer and developer.

In addition, the division directs and coordinates the selection of all on-site personnel, conducts extensive sales training and monitoring, designs exceptional sales environments, and creates integrated communications planning including marketing, advertising, public relations and branding. For more information on the Halstead Development Marketing Division, please

visit: http://www.halsteadpdm.com/home            

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