“Buyers Sweet on South Slope’s Suite Sixteen as Condo Hits 50 Percent Sold Milestone”

Designed by Karl Fischer With Interiors by Andres Escobar, Sales Show Strength of South Slope Market

Park Slope — Suite Sixteen reached a major sales milestone after five months on the market with 50 percent of its residences now sold. The strong sales can be attributed to Suite Sixteen’s central location in South Slope, the building’s unique design by Karl Fischer, modern interiors by Andres Escobar and amenities such as a private fitness center and onsite parking.

“The successful sales reinforce our belief that the South Slope was ready for a luxury building of this caliber,” said Brendan Aguayo, director of business development of Aguayo & Huebener. “Suite Sixteen is the perfect choice for buyers searching for affordable luxury in an area ripe with culture, restaurants and stylish boutiques.”

Developed by M&Y Developers, Inc., the five-story, 32-unit condominium with limestone façade will feature one- and two-bedroom homes with floor-to-ceiling windows, modern kitchens and baths. Residences will offer private balconies, and units on the second floor will feature spacious private garden terraces. Residences range in size from approximately 890 sq. ft. to 1,802 sq. ft. and are priced from approximately $569,000 to more than $1 million. Expected occupancy is scheduled for December 2007.

Kitchens will feature Italian wedge wood cabinets, Calacatta marble counters and Jenn Air stainless steel appliances. Master bathroom finishes will include Marron marble floors and sinks, custom vanities with wet-style sinks, detailed tile work, large framed mirrors and frameless showers with separate tubs. Second bathrooms will feature soaking tubs, Arctic white stone with sea salt glass wall design.

Suite Sixteen is located on 16th Street in South Slope, a neighborhood bustling with new residential developments, stores and restaurants. A short commute to Manhattan and walking distance to Prospect Park, South Slope is bounded by Fourth Avenue. to the east and Prospect Park to the west from 9th Street. to 20th Street.

Aguayo & Huebener is the exclusive marketing and sales agent for the development. To schedule an appointment, please call (718) 622-9300 or visit www.my suitesixteen.com.

M&Y Developers is a Brooklyn-based residential developer that is making its mark on the Brooklyn real estate community. The company utilizes its development expertise to create residential condominiums in Park Slope, Greenpoint and Clinton Hill. M&Y Developers was founded in 2002 by Mordechai Hirsch and Joe Gruber and works with top architects, engineers, interior designers and construction companies to create one-of-a-kind residential developments.

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