Rose Associates, the exclusive marketing and leasing agent for The Ellington, announced that a leasing office has been opened at the building at 260 West 52nd Street.
Rose recently began to fully renovate each of The Ellington’s 215 apartments.
First opened in 1987, The Ellington’s luxury apartments have long drawn interest from discriminating renters eager to live in the center of Manhattan.
“Our new leasing office allows us to better serve renters who are attracted by The Ellington’s midtown location and superior finishes,” said Robert A. Scaglion, senior managing director of residential marketing …

250 West Street in Tribeca, a collection of 106 condos built by El Ad US Holding, is now 70 percent sold.
Sales launched at the building in late summer 2011 and closings are now expected to start in the last quarter of 2012, according Thomas Elliott, executive vice president at El Ad US Holding.
Tribeca is popular with families and people in the financial industry who work Downtown and, according to Elliot, “250 West Street in particular is benefitting from a limited supply of quality inventory currently on the market throughout Manhattan, …

The level of interest from “a diverse collection of prospective homebuyers” is running high at The M at Englewood South, a new community of condos in Bergen County.
The Pinnacle Companies announced that in just four weeks since the enclave’s grand opening, the sales team at The M has been working non-stop with customers and has several homes under contract.
“People of all age groups, including quite a number of singles, couples and empty nesters, are coming in ready to buy,” said Mary Boorman, senior vice president of The Pinnacle Companies.
“It’s possible …

Upstart residential boutique City Connections Realty will launch a new commission structure tomorrow (Friday) that caps how much of their commission brokers have to pay the house.
“Today’s agents have many choices in choosing a firm to associate with, especially in the high-split and 100 percent arenas,” said David Schlamm, founder of the growing brokerage.

“This new model is much more suited for the seasoned and higher-producing agents who want a strong firm behind them.”