The Park Loggia: A Modern Marvel in Lincoln Square

Located at 15 West 61st Street in the heart of Lincoln Square, Manhattan, The Park Loggia is a testament to contemporary luxury living. Built-in 2019, this new construction condominium combines architectural finesse with unmatched amenities to deliver a sophisticated lifestyle. With its prime location near Central Park and cultural landmarks, The Park Loggia offers residents the ultimate Manhattan experience.

Developed by AvalonBay Communities, designed by Skidmore Owings & Merrill, and featuring interiors by Pembrooke & Ives, this 33-floor residential tower comprises 171 meticulously crafted units. Ranging from $1 million to $10.75 million, it’s an address that epitomizes elegance and exclusivity.

Aesthetics and Architecture

The Park Loggia’s design and architecture make it a standout in Lincoln Square. From its striking exterior to thoughtfully curated interiors, the building showcases a seamless blend of modern luxury and practical functionality. Residents are greeted with a sophisticated ambiance reflecting the vibrancy of its Manhattan surroundings.

Distinctive Design

The Park Loggia’s understated yet elegant design blends seamlessly with Lincoln Square's cultural and architectural landscape. Its glassy façade reflects the vibrant energy of Manhattan while offering residents stunning views of the city skyline and Central Park.

• Architectural Excellence: Designed by Skidmore Owings & Merrill, renowned for their cutting-edge projects.

• Landscape Design: Outdoor spaces by HMWhite feature lush gardens and inviting terraces, adding serenity to urban living.

• Interior Elegance: The interiors, curated by Pembrooke & Ives, exude modern luxury with high-end finishes and thoughtful layouts.

Building Materials and Craftsmanship

High-quality materials define The Park Loggia’s structure and interiors. Every element is chosen for durability and aesthetics, from the Brazilian quartzite used in kitchens to the Gioia Venatino marble in bathrooms. The craftsmanship reflects a commitment to excellence, ensuring the building remains a timeless addition to Manhattan’s skyline.

Residences: A Blend of Function and Style

The residences at The Park Loggia are designed with meticulous attention to detail, offering a perfect combination of style, comfort, and functionality. Each unit has been crafted to meet the diverse needs of its residents, ensuring a luxurious and practical living experience.

Interior Features

Each unit at The Park Loggia is designed to maximize comfort and style:

• Kitchens: High-gloss white lacquer cabinetry, Miele appliances, and full slabs of Brazilian quartzite create a sleek and functional space.

• Bathrooms: Spa-like features include Gioia Venatino marble floors and walls, custom double vanities, and polished chrome fixtures by Kallista.

• Flooring: White oak floors lend warmth and elegance to every residence.

• Smart Home Features: Select units include integrated smart home technology for seamless lighting control, temperature, and security.

Variety of Units

The Park Loggia offers a range of layouts to suit different lifestyles:

• Studios: Perfect for singles or professionals seeking a sleek, modern space.

• One to Three Bedrooms: Ideal for families or those needing more space.

• Four-Bedroom Units: Spacious homes for larger families or those seeking luxury.

Customization Options

Buyers can personalize their residences with bespoke finishes and layouts, ensuring their home truly reflects their taste and lifestyle.

With 98% of the units sold, The Park Loggia’s desirability is evident, making it a standout in the competitive Manhattan real estate market.

Amenities: A Resort-Like Lifestyle

The Park Loggia takes luxury living to the next level with comprehensive amenities. From indoor comforts to outdoor retreats, residents can access spaces catering to relaxation, entertainment, and everyday convenience.

Indoor Amenities

The Park Loggia offers an extensive suite of indoor amenities designed to enhance the living experience:

• Fitness Center: State-of-the-art equipment and a yoga studio.

• Resident Lounge: Featuring a custom gas fireplace for cozy gatherings.

• Cinema Room: A private space for movie nights.

• Wine Room: Perfect for hosting intimate tastings.

• Musical Practice Rooms: Ideal for musicians to hone their craft.

• Conference Rooms: Equipped with modern technology for business meetings and remote work.

Outdoor Amenities

• Wraparound Terrace: Includes barbecues, fire pits, lawns, and a pergola, offering a tranquil escape from city life.

• Rooftop Garden: Designed by HMWhite, this serene space connects residents with nature.

• Porte Cochere: Provides a grand and convenient entryway.

• Outdoor Fitness Areas: Spaces designed for yoga and meditation amidst lush greenery.

Exclusive Services

Residents of The Park Loggia enjoy access to concierge services, on-site management, and 24/7 security. These services ensure a hassle-free living experience, catering to every need of the residents.

Location: Lincoln Square’s Crown Jewel

Lincoln Square offers an unmatched living experience, combining cultural richness with urban convenience. The Park Loggia’s prime location places residents in the heart of this dynamic neighborhood, ensuring they are never far from the best Manhattan offers.

Prime Neighborhood

Situated in Lincoln Square, The Park Loggia is surrounded by cultural and recreational landmarks:

• Central Park: Just steps away for outdoor enthusiasts.

• Lincoln Center: A hub for world-class performances.

• Dining and Shopping: The neighborhood boasts Michelin-starred restaurants, boutique stores, and luxury retail outlets.

• Transit Options: Easy access to subway lines ensures seamless connectivity across Manhattan.

Cultural and Recreational Opportunities

Lincoln Square is a cultural epicenter, offering residents access to:

• The Juilliard School: One of the world’s leading performing arts conservatories.

• Film at Lincoln Center: A destination for independent and international cinema.

• Time Warner Center: Home to upscale shopping and dining options, including Per Se and Masa.

Market Performance and Investment Potential

The Park Loggia has proven to be a remarkable success in the Manhattan real estate market. Its strong sales performance and high demand underline its status as a top-tier investment option, offering immediate value and long-term growth potential.

Sales and Absorption

Since sales began in 2019, The Park Loggia has achieved remarkable success:

• Units Sold: 167 out of 171, reflecting a 98% sell-through rate.

• Sales Velocity: Averaging 2.5 sales per month over the last year.

• Absorption Rate: Approximately 1.6 months, underscoring high demand.

Investment Appeal

• Rental Opportunities: The building offers lucrative investment potential with units renting for $7,000 to $14,000 monthly.

• Appreciation: Its prime location and luxury features ensure long-term value growth.

• Developer Reputation: AvalonBay Communities is known for delivering high-quality properties, adding trust and credibility.

Competitive Edge

Compared to similar luxury condominiums in Manhattan, The Park Loggia offers a unique combination of location, design, and amenities. Its proximity to cultural landmarks and Central Park enhances its appeal for investors and homeowners.

FAQs

What types of residences are available at The Park Loggia?

The building offers studios, one- to three-bedroom units, and a limited selection of four-bedroom residences. Each unit features luxurious finishes and modern layouts.

What is the price range for units at The Park Loggia?

Prices range from $1 million to $10.75 million, depending on unit size and features.

What amenities does The Park Loggia provide?

Residents enjoy amenities like a fitness center, cinema room, wine room, musical practice rooms, and outdoor terraces with barbecues and fire pits.

Is The Park Loggia pet-friendly?

Yes, pets are welcome, and the building includes outdoor spaces perfect for pet owners.

What makes Lincoln Square a desirable location?

Lincoln Square offers proximity to Central Park, cultural landmarks like Lincoln Center, and excellent dining and shopping options, making it one of Manhattan’s most sought-after neighborhoods.

How accessible is The Park Loggia?

The building is well-connected, with easy access to subway lines and major transit routes, ensuring convenience for residents.

Who designed The Park Loggia?

The building was designed by Skidmore Owings & Merrill, with interiors by Pembrooke & Ives and landscaping by HMWhite.

What is the sales status of The Park Loggia?

Currently, 98% of the units have been sold, with only a few residences still available for purchase.

Are there rental options at The Park Loggia?

Yes, units are available for rent, with prices ranging from $7,000 to $14,000 per month, depending on size and layout.

What makes The Park Loggia a good investment?

Its prime location, luxurious amenities, and high demand make it a strong investment opportunity, with the potential for appreciation and rental income.

The Park Loggia represents the pinnacle of modern Manhattan living. With its elegant design, luxurious amenities, and prime location in Lincoln Square, it offers residents an unparalleled lifestyle. Whether you’re looking to invest or find your dream home, The Park Loggia is a choice that delivers on all fronts.