In October 2013, Winthrop Realty Trust and New Valley Realty invested in a portfolio comprised of four best-in-class, luxury, rental apartment buildings. The San Pedro in Los Angeles was sold in 2014; remaining properties include Highgrove in Stamford, Connecticut, 44 Monroe in Phoenix, Arizona, and Mosaic II in Houston, Texas.
Completed in 2011, this landmark brick-façade property comprises of 92 residential units. As the second tallest residential building in Stamford with 18 floors, each unit benefits from expansive views and abundant light and air. The Property features formal dining spaces, private elevator landings from four separate elevator cores, dramatic high ceilings, and private balconies and terraces. Select units have a study, fireplace, maid quarters, and service entrance for staff. Highgrove is regarded as the best in Westchester and Fairfield County and is comparable in style and service to the premier newer white-glove Manhattan Park Avenue residences. As a result, the Property attracts residents from the most affluent areas in the region, including Greenwich and Westchester.
The Property, designed by renowned architect Robert A.M. Stern, offers an unparalleled level of service and amenities including a 24-hour doorman and concierge, valet parking, shuttle to train station, fitness club and spa with steam, sauna and locker rooms, yoga studio, sky lit indoor pool with retractable roof and Jacuzzi, walk-in climate-controlled wine cellar, movie screening room, card and billiards room, tenant storage, dog walk area, and furnished tenant guest lodgings. Units include hardwood floors, 10-foot ceilings with crown moldings, private balconies, private elevator landings, dressing rooms, laundry rooms, and marble bathrooms with Jacuzzis and Kohler faucets and fixtures. Kitchens include marble countertops, stainless steel appliances, Sub-Zero refrigerators, Wolf gas cooktops, and Asko dishwashers.
Total Units: 92
Architect: Robert A. M. Stern
Unit Mix: from 1,238 to 3,900 square feet (average unit size of 2,643 SF)
Year Completed: 2011
Total Square Feet 243,173