From Maria Sharapova picking up a Montecito home to a new and notably stylish building on the Upper East Side launching sales, there’s always something to learn in the world of real estate. In this roundup, AD PRO has everything you need to know.

OFF THE MRKT
February 6, 2024

In the storied streets of Manhattan's Upper East Side, a neighborhood synonymous with classic elegance, a new architectural marvel is making waves. THE 74, the latest masterpiece from Elad Group, renowned for their iconic transformations of The Plaza and 108 Leonard, is redefining luxury living in a district known more for its heritage than its hype. This isn't just another upscale residence; it's a bold statement of contemporary style in a neighborhood steeped in tradition.

SUNDAY TIMES
January 28, 2024

At the southern end of Central Park, with views towards the mansions of the Upper East Side, 111 West 57th Street is one of the tallest and skinniest skyscrapers on New York City's so-called Billionaires' Row. Last year a penthouse in the 82-storey building, known as Steinway Tower, was sold for $52 million (about £41 million), a high price even for a city accustomed to big deals.

From a resort community in St. Maarten to a new tower in Las Vegas, take a look at a handful of forthcoming residences around world The latest condo developments, many designed by famed architects and interior designers and appointed with high-end finishes and custom furnishings, are placing a priority on creating extraordinary and even exotic all-encompassing experiences that rival those of the world’s top resorts and vacation spots. Boutique projects offer the exclusivity and privacy of gated communities while still being in the center of their respective cities. Tall towers and large complexes become vibrant, attraction-laden self-sufficient pseudo neighborhoods in and of themselves. Prompted by purchasers, developers keep upping the ante on amenities, equipping their projects, which tout tons of natural light and outdoor spaces, with everything from pet spas to resort-style services that run the gamut from health coaches to concierges. Here are five condo developments around the world that are launching sales in 2024 that go far beyond book-matched veneers, rare marbles and high-end appliances.

Kicking off YIMBY’s annual year-end construction countdown of the 31 tallest buildings under construction in New York City is THE 74, a rising 32-story residential tower at 201 East 74th Street on Manhattan’s Upper East Side. Designed by Pelli Clarke & Partners with SLCE Architects as the architect of record and developed by Elad Group, which purchased the property for $61 million in April 2022, the 420-foot-tall structure will yield 42 condominium units and an accompanying collection of residential amenities.