The upcoming condos at 12 East 13th St. are now priced between $8 million and $28 million. The $28 million will get you the rooftop triplex. Eager to see who our new neighbors will be.
You are currently browsing the monthly archive for October 2013.
Next week (November 4th to November 8th ), material and equipment deliveries and installation work will continue on the academic floors inside the building.
The following week (November 11th to November 15th), material and equipment deliveries and installation work will continue on academic floors.
This weekend the site will be open on Saturday and Sunday, November 2nd and 3rd for interior activities between the work hours of 7AM and 5PM as permitted by the City.
Next week (October 21st to October 25th), material and equipment deliveries and installation work will continue on the academic floors inside the building and we anticipate paving on 5th Ave.
The following week (October 28th to November 1st), material and equipment deliveries and installation work will continue on academic floors.
This weekend the site will be open on Saturday, October 19th for interior activities between the work hours of 7AM and 5PM as permitted by the City.
A Greenwich Village parking garage at 12 E. 13th St. between University Place and Fifth Avenue will be transformed into eight large condominiums, in another sign of the city’s booming ultra-luxury market.
The building, which sold for $32 million in 2012, will feature eight apartments—a mix of full-floor units and duplexes—with expected asking prices range from $7.5 million to $28.5 million for the top triplex, according to the project’s developers. Occupancy is expected by the end of 2014.
The project is a joint development by DHA Capital LLC and Continental Properties.
The developers plan to add four more floors to the eight-story building, which was built in 1930. A portion of the rear will be demolished and replaced with the new stories, and it will also receive a new façade with elongated bricks to make the windows wider.
The 10th, 11th and 12th floors will make up one triplex, while all of the ninth and part of the eighth floor will make up a duplex with an asking price of $18 million. The building will be topped by a glass structure being added as part of the 6,000-square-foot triplex penthouse.
The building will feature a 24-hour concierge, an automated parking system, a small gym, individual storage space and street-level retail.
The building is currently undergoing demolition, and reconstruction work will begin in a month or two.
Steven Fisch of Continental Properties, a family business started by his father in 1957, said this was their first joint venture with DHA Capital LLC, and the two groups looked at other properties before deciding on this one.
“One major factor was the size of the block, the location obviously, and the ability to do something very special, to create almost a work of art with full-floor condos,” said Mr. Fisch. “It’s very hard to find a 67-foot-wide building.”
Mr. Fisch said the two groups decided to create an ultra-high-end luxury building rather than smaller, more affordable apartments because there has been very strong demand for this type of housing over the past five years, and a shortage of supply.
He said they also wanted to distinguish themselves from large buildings featuring 150 and 200 apartments.
“It is in a location, and a time in New York City, when this can happen,” said Mr. Fisch.
Richard Cantor, a principal at Cantor-Pecorella, is marketing the condos. Mr. Cantor said none had been sold yet, but the ultra high-end luxury residential market is very strong.
“There’s been a huge uptick in prices in the high end, it’s a very strong market,” said Mr. Cantor.
He said the building doesn’t have a “pretentious” name, and is just known by its address to keep it simple.
The last tenant at the 45,000-square-foot parking garage was Hertz Rental Car, which vacated once its lease expired.
Next week (October 14th to October 18th), material and equipment deliveries and installation work will continue on the academic floors inside the building.
The following week (October 21st to October 25th), material and equipment deliveries and installation work will continue on academic floors.
This weekend the site will be open on Saturday, October 12th for interior activities between the work hours of 7AM and 5PM as permitted by the City.
Pie Face, an Australian fast-food chain, has opened a few spots around town, including a brand new one at the corner of 13th and 4th Ave. An extensive menu of coffee, snacks, and pies–both sweet and savory–are available.
Yet another single-dish restaurant opened its doors over the weekend: The Nugget Spot. Besides the expected chicken nuggets, this fast-casual joint also offers pork, fish, cauliflower, and mozzarella nuggets. There are also four different breading options, which range from coconut to Cheeze-it, and a long list of dipping sauces to go with. There are also a few sides, and the restaurant does serve beer, but only Budweiser at this point. Status: Certified Open. 230 E 14th St., 646-422-7426.
Beginning mid-month, Uniqlo will open a pop-up store within the Union Square subway station. Located at the east end of the station, the temporary store will sell winter gear including the brand’s $50 puffer jackets and HeatTech layers. Huge perk: every purchase earns a free $5 MetroCard. The pop up is open through Christmas.
Now open: Gunz European cookie store, replacing the good ol’ University Diner. It’s a weird addition to the neighborhood for sure.
Reminder that annual shareholders’ meeting is scheduled for Thursday, October 10, at 7PM.
Location: International Seafarers’s House: 123 East 15th St., 2nd floor.
Our building (c. 1940)
