Erin Boisson Aries Team Hits Record-Setting Sales Milestone for The Ritz-Carlton Residences, NoMad

Flag Luxury Group, developer of The Ritz-Carlton Residences, New York, NoMad – Manhattan’s most anticipated luxury hospitality and culinary destination – today announced that 50% of the property’s Residences are already in contract. Douglas Elliman’s Erin Boisson Aries Team is leading sales for the limited collection of 16 perfect pied-à-terre penthouses where buyers enjoy breathtaking views and unmatched luxury experiences while also benefiting from owning a condo that, when not in use, can be expertly managed by The Ritz-Carlton. It was also announced that every contract was signed at the full asking price, and at the highest prices per square foot ever achieved in the neighborhood Erin Boisson Aries “Buyers are coming into New York City with a more global perspective, seeking a foothold while also honoring a flexible lifestyle that isn’t tied to one place. The Ritz-Carlton Residences, New York, NoMad offer a pied-à-terre that’s tailor made for this audience – a full-service trophy penthouse you own but that can be managed by the hotel when not in town,” said Erin Boisson Aries, Douglas Elliman Realty. “It’s telling that half of the condominiums sold before the hotel even opened and for record-setting prices. Buyers are eager to secure their penthouse residence before prices rise and with so few opportunities remaining.” The hotel and residences together create a cultural focal point within the city’s most energetic neighborhood: NoMad (North of Madison Square Park). The limited edition one- and two-bedroom penthouses encompass the top four floors of the 44-story tower by architect Rafael Viñoly. Ranging from 911 to 1,848 square feet, the custom-designed homes are oriented around picture-perfect helicopter views framed by One World Trade Center and both rivers, with high ceilings and generous living spaces. Poliform kitchens feature honed white quartzite countertops and backsplash, bronzed glass cabinetry, and premium Miele appliances. Lavish primary and secondary bathrooms are a personal oasis to complement the hotel’s full-service spa with deep Duravit soaking tubs, a separate shower and water closet, and Bardiglio Nuvolato marble floors and walls. Rendering of the penthouse bedroom of Ritz-Carlton Residences New York, NoMad. Rendering of the penthouse kitchen of Ritz-Carlton Residences New York, NoMad. Rendering of the penthouse living room of Ritz-Carlton Residences New York, NoMad. Rendering of the penthouse master bathroom of Ritz-Carlton Residences New York, NoMad. Rendering of the penthouse living room of Ritz-Carlton Residences New York, NoMad. The lobby of The Ritz-Carlton New York, NoMad Exterior of the Ritz-Carlton New York, NoMad Curated for the ultimate city pied-à-terre lifestyle, the penthouses elevate the everyday experience while also doubling as a sumptuous suite for guests. Owners enjoy the ease of having one of the most deliberate and flexible pied-à-terres ever designed in New York City. They can access their penthouse whenever they need– up to 120 days a year and 29 days consecutively – and can leverage their purchase through the hotel when not in town, knowing everything is expertly cared for and managed by The Ritz-Carlton. All residences have a dedicated owner’s closet for storing personal belongings. For additional flexibility, the corner two-bedroom penthouses can be seamlessly transformed into two private suites, making it easy for Owners to adapt the space based on their needs. Coming home to Manhattan is an artful experience when you live at The Ritz-Carlton New York, NoMad – with the brand’s signature personalized service at your fingertips and the finest culinary and wellness amenities just an elevator ride away, or hand-delivered to your door. The hotel opened last week and is already receiving acclaim, particularly for its unique food and beverage partnership with Michelin-starred chef and global citizen José Andrés. Zaytinya, located on the ground floor, presents an innovative mezze menu and creative cocktails in a magical space designed by Rockwell Group. Also by Andres, Nubeluz, located on the rooftop is a glittering jewel box designed by Martin Brudnizki Studio (of Annabelle’s in London), where sweeping, unparalleled views complement classic cocktails, light bites and an array of Tablas from Andrés’ native Spain. The Lobby Lounge and Bar is ideal for a quick pastry and coffee, an afternoon glass of champagne, or nightcap. A third dining destination will open later this year, The Bazaar by José Andrés. Perhaps most exciting for residents, chef José Andrés will also be curating the in-residence dining menu for Owners. Amenities also include the Club Lounge for relaxing and working while experiencing dedicated concierge service and a variety of culinary offerings throughout the day. The signature Ritz-Carlton Spa and Fitness Center includes a range of treatment rooms, sauna and steam rooms, with luxury skincare treatments from Augustinus Bader. The hotel has a range of both large and informal business meeting spaces, including a vast outdoor terrace, with banquet and catering offerings also curated by Andrés. Dedicated staff are available to handle personal arrangements, from travel coordination to pet care, and everything in between. Owners can also take advantage of the hotel’s in-house concierge. “The penthouse residences at The Ritz-Carlton New York, NoMad, combine the extraordinary service and experiences the brand is known for with a once-in-a-lifetime opportunity to own a piece of a new landmark hotel. We are thrilled with the response and encourage buyers to act quickly with availability now extremely limited,” said Dayssi Olarte de Kanavos, President of Flag Luxury Group. Only eight penthouses are still available for purchase. Current pricing for a one-bedroom, 1.5-bathroom starts at $4,000,000 and at $7,200,000 for a two-bedroom, 2.5-bathroom. Initial occupancy is anticipated this October. For more information about at The Ritz-Carlton Residences, New York, NoMad, located at 25 West 28 th Street, please visit www.rcpenthousesnewyork.com or contact 212. 418.2044.