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Photos courtesy of Magnum Real Estate Group and Real Estate Equities Corp. In the past couple of weeks, the luxury condo project at 196 Orchard St . finally popped out of the ground. After a long stretch beneath the surface of East Houston and Orchard streets, crews are starting to pick up the pace, with work progressing this week on the third floor of the 11 story building from Ben Shaoul’s Magnum Real Estate Group and Real Estate Equities Corp. Meanwhile, there’s an aggressive marketing push for the 94 condo units being offered at prices starting above $1 million. The public relations team working with the developers recently sent along these photos of the showroom, located in one of the otherwise vacant retail spaces connected to the Hotel Indigo. We spoke with Leonard Steinberg of Compass, the real estate firm handling sales at 196 Orchard. We, of course, asked how things are going so far (sales launched this past September), but Steinberg said the development team does not permit him to disclose the number of units sold and at what price. “We are,” he said, “very happy with the interest in our building.
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