South Beach comes to South Manhattan...

The developers of the Setai, Miami are altering the condo's South Beach Art Deco aesthetic for a classier corporate look, with wood and stone for the Setai, New York. After two months of sales, the Setai, New York is 30 percent sold. The 30-story condo conversion is located at 40 Broad Street, between Beaver Street and Exchange Place, with prices averaging $1,350 s/f to $2,000 s/f. The real selling point is the outdoor terrace (common area), which has tropical bamboo, oversized daybeds (think Duvet, NY and Nikki Beach, FLA), 2 Jacuzzis and gas grills. Word has it that the co-founder of the Setai Group is "trying to get a cigar room there." This condo conversion has done a spectucular job differentiating itself, hence the surging sales in a two-month period.

For more information, visit http://www.setainy.com.