Ritz-Carlton condos in White Plains post $33M in 2016 sales

The Residences at the Ritz-Carlton, Westchester, the high-rise condominium complex in downtown White Plains, posted record sales totaling more than $33 million in 2016, according to a spokesman for the development.

Twenty-two residences in the 42-story Tower II were sold last year at an average price per square foot of $705. Nine were penthouse residences with a median sale price of $2.23 million. Sixteen of the total 333 residences in the two-tower complex on Renaissance Square remain available, according to the spokesman.

“To describe 2016 as a very good year would be an understatement,” said Nancy Kennedy, a Houlihan Lawrence broker managing sales for the condominium tower. “Our sales activity has been brisk all year long and we expect it to continue into 2017. The high-end real estate market in Westchester is strong and buyers are responding to the unique luxury lifestyle that we are offering.”

“We are seeing quite a few buyers from Scarsdale as well as White Plains, Armonk and Mamaroneck,” Kennedy said in a press release. “These buyers like the fact that they can stay connected to their previous neighborhood while enjoying the many benefits of a Ritz lifestyle in the heart of downtown White Plains.”

“We have gotten several buyers from Manhattan who prefer to have views of the city rather than be in the city,” she said.

Residences in Tower II, where units are still available, range from 1,489 to 5,400 square feet and are priced from $960,000 to $4.5 million.