Archive for August, 2008

Capital Properties Introduces Altavie in San Francisco’s Rincon Residential Towers

Capital Properties has debuted Altavie, a new concept in flexible luxury rental living within its 320-unit Rincon Residential Towers. The 85 deluxe studios, one-bedroom and two-bedroom units offer short and long term rental options with an unparalleled urban experience that combines modern interiors, breathtaking views, 4-star services and an ideal location.

Just one block from the Ferry Building, the Embarcadero, BART and some of the best restaurants and shopping in the city, Altavie in the Rincon Residential Towers is located at 88 Howard Street in San Francisco’s expanding Financial District. Business executives and corporate travelers will enjoy distinctive condominium-style living with hotel-like amenities that include Wi-Fi Internet access, Nintendo Wii units, maid service, 24 hr. security, complete concierge services, on-site parking, and a full-service on-property grocer.
“Altavie is unique in San Francisco for furnished corporate and extended-stay housing,” said General Manager Angie Miller. “No other property in the city offers so many superior services in a boutique hotel-inspired atmosphere.”
Deluxe features include floor-to-ceiling windows, flat screen televisions, Bose iPod Sound Docks and sleek, energy-efficient appliances. Interiors were created by award-winning design company McCartan to capture a modern esthetic and streamlined style. Natural materials such as white oak, stone and zebrawood were used extensively to evoke a fresh and modern mood, and provocative furnishings were custom designed to add intrigue while optimizing space.
“The beautiful interiors are a perfect complement to the building’s spectacular views of San Francisco and the bay,” added Miller. “Our guests appreciate how Altavie has redefined their extended-stay experience with a new level of style, service and convenience.”
About Capital Properties
Founded in 1977 by President Richard Cohen, New York based Capital Properties is a privately-owned real estate investment, development and management company. The firm’s portfolio of ongoing and completed projects includes premier residential and commercial properties in key markets such as Boston, New York and Washington, DC. The company has developed over eight million square feet of commercial space, and 18,000 apartments. Current holdings include four million square feet of commercial space and 6,000 residential units.

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Apartments on San Francisco’s Nob Hill Acquired for Corporate Housing

Today announced the completion of a $3.575 million acquisition for a 15-unit boutique apartment property, located at 900 Powell St., on Nob Hill in San Francisco.

The historic property, first built in 1907 and formerly known as Nob Hill Suites, will be renamed Oakwood San Francisco. It enjoys one of San Francisco’s finest locations, with the Cable Car running directly past the property, and close proximity to the Financial District, Fisherman’s Wharf, Union Square, Chinatown and Pac Bell Park.

In 2001, the website plans more than $1 million of renovations at the property, and will offer the apartments for lease as corporate housing, with a one-month minimum stay.

Serving a clientele of relocating corporate executives and other extended-stay travelers, the website’s corporate housing units are completely decorated with designer furniture, linens, dishes, phone, cable TV and home electronics.

The website Worldwide now owns or manages more than 2,500 apartments throughout the San Francisco Bay Area.

The website Worldwide is the leading global provider of corporate housing (also known as “serviced apartments”), with locations throughout North America, the Asia-Pacific region and Europe.

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