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New Star Born in Queens – REW

September 2, 2015 Published in Real Estate Weekly

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Modern Spaces has launched sales for The Marx, the first luxury condo in the newly designated Kaufman Arts District.

The building at 34-32 35th Street in the new live-work-play enclave in Astoria, Queens, is already 20 percent sold, according to Eric Benaim, CEO of Modern Spaces.

Named as a celebration to the property’s historic location and located on the site the Marx Brothers filmed their famous movies Animal Crackers and Coconauts, the seven-story condominium is being developed by a joint venture of Kaufman Astoria Studios and Procida Companies.

The Marx offers 33 homes in a mix of one- to two- bedrooms with prices starting in the $600,000’s and two-bedrooms priced under $1 million.

“The Kaufman Arts District is an established, dynamic neighborhood that gives people access to the best creative institutions the city has to offer. Living at The Marx presents a unique opportunity to move into a vibrant Astoria neighborhood that is rich with amenities, dining and service retail to serve the families that have long called the area home,” said Benaim, CEO of Modern Spaces.

“We are very excited that The Marx has appealed to so many buyers. It’s the first luxury development that has opened since the area has been designated the Kaufman Arts District and shares the same streets where popular shows such as Orange is the New Black, Nurse Jackie and Sesame Street are filmed.

“We think the building – like its entertainment neighbors — will be a big hit for many different types of buyers.”