What's Happening?
A $12.5 million co-op located at 535 Park Avenue in New York City is drawing attention for its luxurious design and modern amenities. The eight-room, 3,250-square-foot residence features a blend of pre-war
architecture and contemporary interior design by Danielle Richter. Key highlights include a primary suite with hand-painted wall coverings, vintage Emil Stejnar lighting, and a French Art Nouveau marble fireplace. The home also boasts a moody media room, a cozy home office, and a formal dining room with antique mirrors. Modern conveniences such as integrated lighting and climate systems, triple-pane windows, and a seven-zone heating and air conditioning system are also part of the offering.
Why It's Important?
This property exemplifies the trend of combining historical architectural elements with modern luxury, appealing to high-net-worth individuals seeking unique living spaces in urban settings. The integration of advanced climate and lighting systems reflects a growing demand for smart home technology in luxury real estate. The co-op's location on Park Avenue, coupled with its design and amenities, positions it as a desirable residence for affluent buyers, potentially influencing market trends in high-end real estate.
