Elliman to head sales at Rotem Rosen's condos near Billionaires' Row
Briefly

The Malabar project's sales launch is approaching, with 126 East 57th Street being the focus. Developed by Rotem Rosen, Zahi Hagag, and Anand Mahindra, the project will have sales led by Noble Black of Douglas Elliman. The 33 condos range from $1.4 million to $12.5 million. There are 145 total condos planned, along with amenities like an indoor pool and fitness center. Construction is aiming for completion this year, while a court ruling confirmed access for necessary pre-construction surveys after legal disputes with a neighbor.
Prices for the Malabar range from $1.4 million for a 500-square-foot studio to $12.5 million for a three-bedroom penthouse, with a sellout target just below $100 million.
The Malabar project features 145 condos, 22 storage lockers, two commercial units, and more than half of the units will have outdoor space.
Construction is slated for completion later this year, with planned amenities including an indoor pool, fitness center, spa, and an indoor half-basketball court.
Rotem Rosen's MRR Development faced legal challenges from a neighboring property owner regarding access for pre-construction surveying, but the court ruled in favor of the developers.
Read at therealdeal.com
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