BEIJING, April 20,
2022 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd.
("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real
estate developer operating primarily in China with assets in other countries, today
announced its delivery of Bloom on Forty Fifth, a
modernist-inspired eight-story new development features 92
condominium residences comprised of studio to four-bedroom homes.
This property is located at 500 West 45th Street, New York City and has a full blockfront
between West 44th and 45th Streets along Tenth Avenue. The closings
and move-ins are underway this month, with over 20% of units
already sold.
"I am very proud of our team in navigating the highly challenging
environment throughout the COVID-19 pandemic and in maximizing this
development opportunity to meet the market demand," stated
Jared Simon, XDGI's Chief Executive
Officer of International Real Estate. "This milestone showcases
that we have successfully developed and owned a high-quality and well-located property in
creating substantial value for our shareholders."
"We're excited to welcome the first wave of residents to Bloom,
and are very pleased to receive their positive feedbacks on Bloom's
many sought-after amenities, especially the access to outdoor
spaces, as well as Bloom's ideal location to easily commute to
Midtown, Hudson Yards, and Times Square," added David Chang, Sales Director at Compass
Development Marketing Group, who is leading sales at the
property.
With its enviable location, Bloom on Forty Fifth offers a prime
destination in one of the most vibrant neighborhoods on
Manhattan's burgeoning West Side.
Residents of Bloom on Forty Fifth are moments away from dining,
shopping, and cultural institutions with New York City's famous Theater District to its
east. Bloom on Forty Fifth is also moments away from some of
Manhattan's most prominent
commercial towers including the Empire State Building and Google's
forthcoming Hudson Yards campus, giving future residents the option
of walking to work. In addition, residents can find transit options
with nearby subway and Port Authority Bus Terminal at their
convenience.
Designed by the award-winning Marvel Architects, Bloom on
Forty Fifth brings a natural and contextual aesthetic to the Hell's
Kitchen neighborhood, with a light façade made of glass, steel, and
reinforced concrete. Located between Hudson
River Park's waterfront greenspaces and Midtown's
high-rises, residences at Bloom on Forty Fifth feature natural
stones and woods such as Colonial Silver marble backsplashes and
warm-toned wide-planked oak flooring to bring natural elements
inside. Additionally, the residences offer the rare opportunity of
light-filled north-, south-, east- and west-facing residences, with
select homes featuring private outdoor space. Surrounded by
low-rise buildings, Bloom on Forty Fifth connects residents to
nature through a beautifully landscaped 8,000 square-foot elevated
courtyard set between the north and south residential towers. The
private open-air courtyard features a variety of plants and
full-size trees, including honey locust trees and seating areas
culminating in an idyllic setting for entertaining or private
relaxation. The courtyard also features skylights that shed an
abundance of natural light into the lobby.
Bloom on Forty Fifth's lobby features residents' lounge with a
lush green wall, continuing the visual connection of nature
throughout the building, a fireplace and floor-to-ceiling glass
walls that open and close to adapt the space for different uses,
such as entertaining or co-working. The lobby level also includes
an elite fitness center, outfitted with cardio and strength
training equipment to enhance residents' health and wellness. The
building additionally features two common rooftops with seating
areas and outdoor kitchens.
For more information, please visit the
website www.bloom45.com and the on-site sales gallery at
500 West 45th Street or call (212)
289-4529.
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") is an NYSE-listed real
estate developer primarily in China and also in other countries. In
China, Xinyuan develops and
manages large-scale, high-quality real estate projects in over ten
tier one and tier two cities, including Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi'an, Suzhou, Dalian, Zhuhai and Foshan. Xinyuan was one of
the first Chinese real estate developers to enter the U.S. market
and over the past few years has been active in real estate
development in New York. Xinyuan
aims to provide comfortable and convenient real estate related
products and services to middle-class consumers. For more
information, please visit http://www.xyre.com.
Forward Looking Statements
Certain statements in this press release constitute
"forward-looking statements". These statements are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements includes
statements about future debt and financial position, potential
future collaborative efforts, among others, and can generally be
identified by terminology such as "will", "expects", "anticipates",
"future", "intends", "plans", "believes", "estimates" and similar
statements. Statements that are not historical statements are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties that could cause actual results to
differ materially from those projected or anticipated, including,
but not limited to, our ability to continue to implement our
business model successfully; our ability to secure adequate
financing for our project development; our ability to successfully
sell or complete our property projects under construction and
planning; our ability to enter successfully into new geographic
markets and new business lines and expand our operations; the
marketing and sales ability of our third-party sales agents; the
performance of our third-party contractors; the impact of laws,
regulations and policies relating to real estate developers and the
real estate industry in the countries in which we operate; our
ability to obtain permits and licenses to carry on our business in
compliance with applicable laws and regulations; competition from
other real estate developers; the growth of the real estate
industry in the markets in which we operate; the impact of
pandemics, such as COVID-19, on the
real estate market and the economies in our markets; fluctuations
in general economic and business conditions in the markets in which
we operate; and other risks outlined in our public filings with the
Securities and Exchange Commission, including our annual report on
Form 20-F for the year ended December 31,
2019. Except as required by law, we undertake no obligation
to update or review publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
after the date on which the statement is made.
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SOURCE Xinyuan Real Estate Co., Ltd.