Articles from Adellco LLC

Adellco, a leading real estate owner, developer and manager, with more than 25 years of experience, has announced that Armorie, an exclusive collection of 20 bespoke loft residences, located at 114 East 25th Street, is completely sold out following a soft launch in February. All condominium units and the commercial space at Armorie are now in contract with one buyer for $71 million, achieving Schedule A pricing. The deal is a testament to the demand for Adellco’s exceptional vision, attention to detail and design-driven approach. It also speaks to the firm’s ability to deliver what the market wants with ground-up and adaptive re-use properties, and the strength of the New York City real estate market overall.