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Articles for August 13th, 2009

The House: In Case You Decide To Cook At Home

housekitchenVery sleek kitchens with high-end appliances, Jenn-Aire if memory serves, Wolf ranges. I wonder if the folks who live in these units —The House, The W, One Arts Plaza –  actually ever cook because they are within walking distance of so many great restaurants. The Hard Rock Cafe is now open across from The House, and when I was there last week, it was hopping. The best part besides the great food: $15 on lunch doesn’t exactly break the wallet.

When I lived in NYC, I hated schlepping groceries from the store up to my apartment, so we ate out much more often. Of course, we didn’t have concierge service. But then, when you downsize and it’s just one or two in The House, who needs a Sam’s closet?

Dallas Real Estate: Cool Pool At The House

housepoolThe pool at The House, on the fifth floor overlooking everything. HOA’s at The House are .47 per square foot of space you own, that includes water and a blanket insurance policy. You will have to pay your own electricity. There is 24 hour valet and security, two concierge on staff in the day, one at night. Premier Communities is the condo manager. David Griffin says financing has been arranged through Wells Fargo at market rates. The units are non-warrant-able like all condos: Fannie Mae guidelines prohibit them from buying mortgages (on the secondary market) from condos that do not have 51% of the units sold but Fannie Mae buys only conforming mortgages — that is, mortgages at or below $417,000. That would make the only units at The House eligible for Fannie Mae the one bedroom units priced at $399,000.

The House By Starck And Yoo, Ctd: Inside Living

Here’s a sample of living inside the House and what your home might look like day and night. The beauty of high-rise living is, of course, having that dramatic backdrop of glittering lights come sundown. Each unit also has generous balconies.

D Sale Of The Week: This House Is Ready To Rock And Roll And Deal

thehousedaylight At last, the long-awaited The House by Starck and Yoo at Victory Park is complete and ready for move-in. This is Victory’s final and most dramatic chapter, at least for a while. Yes, it’s another high-rise condo—with 28 stories of units to sell—but this one boasts the whimsical influence of Philippe Starck, including a white-draped lobby with a huge, gleaming, silver mailbox cluster that is reminiscent of school lockers, but the whole unit is on legs. Plus, the pool deck is one of the most glorious I’ve seen. This is going to be what we called a “meat market” when I was single. You won’t dare appear up here without plenty of lipo, though the broad lounge cushions may camo the cellulite. But here’s the best part: broker David Griffin says the Germans mean business. (The German real estate fund US Treuhand has taken the reins of Victory and hence is selling these units.) They are ready to cut a deal, which means you can own a house at The House for less than $400,000—one bedroom, one-and-a-half bath, about 1,000 square feet—with an impressive finish-out with a European feel and generous closets. The building amentities will spoil, from the work-out room to the apartment for overnight guests. As for financing, well, just how deep are those pockets? Let’s make a deal.