Exclusive Sales Partnership Formed for Malabar Residences in Manhattan by Douglas Elliman
Douglas Elliman Development Marketing Appointed for Malabar Residences
Douglas Elliman Development Marketing has proudly announced its new role as the exclusive sales and marketing firm for Malabar Residences, a luxurious condominium project located at 126 East 57th Street in Manhattan. This appointment by MRR 1326 LLC, an arm of MRR Development LLC, signifies an exciting step in the evolution of high-end living in one of New York City's most prestigious locales.
The project aims to redefine the concept of luxury living, aligning with the vision set forth by Susan de França, President and CEO of Douglas Elliman Development Marketing, who remarked on the importance of this development in setting a new standard in a coveted neighborhood. Leading the sales efforts will be Noble Black of Noble Black Partners, known for his expertise in this arena.
Designed by the acclaimed architecture firm ODA, the Malabar Residences will encompass 145 exquisitely designed homes, catering to a range of lifestyles from studios to expansive three-bedroom residences. In a notable feature, over half of the units will incorporate private loggias and terraces, facilitating a seamless blend of indoor and outdoor living—a rare find in Manhattan.
This ambitious venture is co-led by renowned industrialist Anand Mahindra and developer Rotem Rosen, in collaboration with international developer Zahi Hagag. Mahindra's visionary approach has inspired the blending of Indian luxury, Zen philosophy, and cultural heritage into what will be a tranquil yet sophisticated lifestyle experience.
Located at the intersection of Billionaires' Row and the Upper East Side, Malabar Residences boasts a strategic proximity to the Park Avenue business corridor, where high-profile developments such as Citadel's 425 Park Avenue and JPMorgan Chase's 270 Park Avenue sit. This location is quickly becoming Manhattan's emerging luxury epicenter, as noted by Noble Black, who emphasized the incredible access residents will have to cultural, culinary, and commercial attractions.
The development itself is set to occupy an entire city block, featuring a striking residential entrance that measures 100 feet long with stunning 50-foot ceilings. This grand portal offers a smooth transition from the hustle and bustle of the city to a more serene and sophisticated environment. Additionally, there is a private porte-cochère entrance on 56th Street, ensuring discreet access for residents and their guests.
Each residence will be characterized by generous layouts, floor-to-ceiling windows that provide panoramic views of the city, chef-inspired kitchens, and spa-like bathrooms—all crafted using premium materials and a meticulous attention to detail.
In addition to impressive residences, Malabar Residences will also provide residents with a remarkable suite of amenities that promote a luxurious lifestyle. These include a lavish indoor pool, a state-of-the-art fitness center, a full-service spa, and even an indoor half-court basketball area—offering unmatched options for recreation and wellness.
Sales for this exclusive development are anticipated to launch in late Summer 2025, with the first closings expected in the early half of 2026. For those interested in private previews ahead of this exciting phase, contact information is provided for further inquiries.
About Douglas Elliman Development Marketing
Douglas Elliman Development Marketing is a prominent division of Douglas Elliman Real Estate, specializing in sales, leasing, and marketing services for new developments across various regions including New York City, Long Island, and beyond. With a robust portfolio valued at $43 billion, the firm is recognized for its record-breaking sales and exceptional market insights, providing a comprehensive service that encompasses research, planning, design, marketing strategy, and sales execution.
About MRR Development
Founded in 2017, MRR Development is a leading real estate firm based in the U.S. Co-led by Anand Mahindra and Rotem Rosen, the company focuses on visionary, design-forward projects within New York City and South Florida, leveraging a blend of international reach and local expertise to deliver landmark residential and commercial developments.
About Zahi Hagag
Zahi Hagag is a well-known international real estate developer and co-leader of Hagag Group, recognized for his innovative approach to urban renewal and successful completion of high-profile residential and commercial projects.