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Above 85% of Sales at Super-Luxury Residence, 255 East 74th Street Closed

--Demand continues for oversized luxury residences on Upper East Side--

Given the strong demand for the homes that have been made available at 255 East 74th Street thus far, The World-Wide Group, today announced that its most exclusive residence, a $14.27 million, 5,980-square-foot, five bedroom home on the property's 29th floor, is now available for sale.

Rendering of 255 East 74th Street. Sales at the 76-unit, super-luxury residence are more than 85-percent closed according to The World-Wide Group. The buildings highly sought after East Side location offers easy access to 90 public and private schools, Central Park, premier museums, restaurants, shopping and other recreational facilities in one of New York City's most secure and desirable neighborhoods

This full floor tower residence offers a buyer the utmost in privacy and luxury. Exemplifying urban sophistication, this home features outstanding views, a 39- foot living room, fireplace, generous library, large family room and a secluded four room master suite with a sitting room and his and her bathroom suites.

Sales at the 76-unit, super-luxury residence are more than 85-percent closed according to The World-Wide Group, the projects developer. The building’s highly sought after East Side location offers easy access to 90 public and private schools, Central Park, premier museums, restaurants, shopping and other recreational facilities in one of New York City’s most secure and desirable neighborhoods.

“The World-Wide Group’s ability to sell residences even in this climate demonstrates that we captured a submarket interested in purchasing a unique piece of real estate with value in any market condition,” said Richard Lebow, Director of Marketing and Sales for The World-Wide Group. “From the outset, we designed a building that matched our buyer’s desire to have more open space for family living coupled with the convenience of modern living.”

The residences at 255 East 74th Street are the best modern living has to offer. The units range from two-five bedrooms, include graciously sized rooms, and in-residence playrooms specially created in many of the larger units. Windowed eat-in kitchens designed by Varenna by Poliform are the centerpiece of each apartment. Each kitchen includes top-of-the-line appliances like Sub-Zero refrigerators and wine coolers, and oven towers and dishwashers by Miele. Balconies, terraces and fireplaces complement selected residences.

Adding to the family-friendly amenities, The World-Wide Group recently opened the doors at the building’s 2,400-square-foot Children’s Pavilion. The children’s center includes an interactive toddler room and cruising wall, climbing tree house, play zone for crafts, and a reading area. The facility also provides a game room for ‘tweens’ and teens with an arcade zone including pinball machines, dance-dance revolution machine, basketball arcade games, foosball, air hockey and table tennis.

“The Upper East Side has been home to the best public and private schools in New York and we recognized the need for more family-sized apartments that would attract buyers hoping to utilize this tremendous resource. Despite the challenging times the product we have been able to deliver at 255 East 74th Street are just not available at other residences east of Park Avenue.” Mr. Lebow added.

Exclusive shops including Prada, Scoop NYC and Ralph Lauren are a short walk from the building, while gourmet specialty shop Citarella, the Morrell Wine Xchange and Eli’s Manhattan are just blocks from the Upper East Side residential tower. Local eateries include Orsay, Eli Zabar’s E.A.T., JG Melon and Haru. The building, which features Equinox Fitness Clubs’ 40,000-square-foot flagship facility, is steps away from Central Park and Museum Mile.

Source: http://www.wwdb.com/Login.aspx?ReturnUrl=%2fHome.aspx

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