On the Market: Los Angeles

Lara Loewenstein
09/01/2008
LOCATION: On the "Golden Mile," a stretch of Wilshire Boulevard near Westwood Village and Century City.

HISTORY: After a successful renovation of the Plaza Hotel in New York, Elad Properties has made its first venture into Los Angeles. The developer collaborated with KMD architects (The Wilshire, Two Rodeo) to create the Carlyle Residences, a crescent-shaped structure that offers views stretching from the ocean to downtown.

STATS: Rising 24 stories, the Carlyle hosts 78 luxury residences, each with a private elevator. Floor plans, ranging from 2,800 to 5,700 square feet, include two- or three-bedroom units on floors three to 20, and six penthouses on floors 21 to 24. The common area features a private dining room, lounge, and fitness center designed by Fendi Casa. Residents may also opt for Fendi interiors. Twenty staff housing units are also available for purchase with residences.

WHAT SETS IT APART: "The crescent shape of the building really allowed us to maximize the views," says Thomas Elliott of Elad Properties. He also notes the high ceilings in all the residences, and luxury amenities such as membership at the Regency Club.

MARKET INQUIRIES: $3 million to $15 million. 310.209.0000, www.carlyleonwilshire.com

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