Campiello Collection brings luxury to Chelsea - luxury housing development, New York, New York - Brief Article - Statistical Data Included

Some people pine for an uptown penthouse and others desire cool downtown digs. New Chelsea developments such as the Campiello Collection are fusing the best of both of these apartment personalities. The New York Times has called these projects the "New Dakotas," and added that "Uptown advantages moving south are transforming...Chelsea...into the new epicenter of the island's lush life."

The economy may be softer than a year ago, but New York City is still living its biggest boom in luxury living since the era of The Dakota, The Gramercy, The Osborne and the (now destroyed) River House, whose residents had the privilege of a private yacht mooring on the Hudson.

When Cantor & Pecorella brought The Chelsea Mercantile to the market in 1999 for Rockrose Development Corp., we offered buyers something they had never seen. The opportunity to live in a vibrant, stylish, and creative downtown neighborhood, while enjoying the same amenities that any uptown building could offer.

Today, we are the exclusive sales and marketing agents for a condominium development by the El-Ad Group, one that surpasses even that high standard. Like the El-Ad Group itself, the project is understated. Rather than clamor for attention, it exudes quiet, encompassing luxuxy.

Known as The Campiello Collection, the $75 million development will consist of three 12-story buildings on two separate sites: 224 West 18th Street and 151 West 17th Street -- a former Barney's New York parking lot. Their locations straddle the vibrant art, retail and restaurant district of 7th Avenue in Chelsea.

The residents of The Campiello Collection will enjoy more outdoor shared and private garden, balcony and terrace space than any development in recent memory, a total of 19,693 square feet.

Two of the most remarkable of the 70 residences will have unprecedented, 80 ft-long living/dining room combinations, with the long wall on each side consisting almost entirely of glass.

This is the largest room in a new residential development in New York City in at least 10 years, says Anthony Cohen, project designer at Swanke Hayden Connell, designers of the 17th Street building. Of other recently opened projects, only a conversion, on Columbus Circle, has an apartment with a similar sized room.

The spacious residences at The Campiello Collection are priced from $685,000 to more than $4.5 million, and range in size from oversized one-bedroom residences (1,100 SF) to immense, 4,000-SF penthouses. Many include separate home offices, in addition to the bedrooms. The number of units planned for the buildings, 70, is unusually low in comparison to the gracious size of the building. They are divided among: six one-bedroom homes, 47 two-bedroom homes and 17 three-bedroom homes.

COPYRIGHT 2001 Hagedorn Publication
COPYRIGHT 2001 Gale Group