Residential development was the cornerstone of the plan and last week, it bore more fruit as the North Shore home builder, The Ranches, in partnership with private equity firm G4 Capital Partners, announced the launch of sales for Roslyn Landing, a collection of luxury town home condominiums in downtown Roslyn.
In all, Roslyn Landing hopes to offer 78 condominiums, including two to three-story town homes, flat-over-flat condominiums and single-family detached homes on 12 acres in downtown Roslyn.
Douglas Elliman Development Marketing is the exclusive sales and marketing agent for the property. A Douglas Elliman official said that sit work has already began with the excavation of the two ponds. The official added that construction of phase 1 condo buildings, comprised of 28 homes, is scheduled for the spring of 2016. In addition construction for Phase 2 condo buildings, comprised of 50 homes, is anticipated in the spring of 2017. Occupancy of phase 1 condo, the official said, is expected in winter of 2016.
At the announcement, made last week in Roslyn, officials for Douglas Elliman, G4 Capital and The Ranches, all expressed optimism over the new project.
“This highly-anticipated new development of 78 residences offers a truly unique opportunity for modern and luxurious maintenance-free living on Long Island’s Gold Coast,” said Anthony Piscopio, branch manager for Douglas Elliman Real Estate. “Located steps from the historic village’s many charming shops, celebrated restaurants, parks and culture, Roslyn Landing is conveniently located in close proximity to Manhattan, with nearby LIRR access via the Roslyn, Greenvale and Manhasset stations. We are excited to be the exclusive broker for this project.”
“Roslyn Landing offers the best of both worlds: the conveniences of walkable, city-like living in a charming suburban village,” added Jason Behfarin, principal, G4 Capital Partners. “The area’s best restaurants, shopping, entertainment and parks are all just steps away and we have already seen strong interest from buyers looking to live in the center of this historic downtown.”
“The residences at Roslyn Landing offer timeless and contextual exterior architecture, thoughtfully-designed interiors and will be built with the highest quality of construction,” said Robert Antonucci, managing member, The Ranches. “We are proud to introduce well-designed, sophisticated town homes in this highly desirable location.”
Roslyn Landing, whose official address is 1407 Old Northern Blvd., is close to all the amenities downtown Roslyn has to offer, including a waterfront promenade, two ponds, plus walking distance to the Bryant Library, the shops and restaurants on Old Northern Boulevard and access to the village dog run. Douglas Elliman officials said that the currently available two and three-bedroom townhomes range in size from 2,757 square ft. to 3,195 square ft. and are priced from $1.375 million.
Roslyn Landing’s indoor amenities, include a clubhouse with billiards table, bar, catering kitchen, dining area and space for lounging. There will also be a fully-equipped fitness center, children’s playroom and golf simulator. For the residents, outdoor landscaping, snow removal and refuse removal, plus mobile on-site security are provided.
Roslyn Landing represents the second big residential development in the village since the Master Plan took effect. Also in the village is Atria at Roslyn Harbor, another luxury residential development that has added significantly to the quality of life in the village. The Master Plan’s vision has become a reality, one that should keep Roslyn a magnet for decades to come.