Friday, 20 May 2016

10 Sullivan's Chopped-Up Triplex Penthouse Now Has Listings

The former triplex is now a duplex and a smaller unit, with lower prices

Back in February, the developers of 10 Sullivan, the boat-shaped Soho building designed by Cary Tamarkin, took a cue from the downturn in the luxury condo market and decided to cut the building's triplex penthouse in two. And now, per the Wall Street Journal, the listings—an $11.5 million three-bedroom, and a $28.5 million penthouse—are now live. Let's take a look, shall we?

First up is the smaller, cheaper of the two units, a three-bedroom measuring 2,950 square feet. There are actual photos for this one, rather than renderings, which show off the view from the living room's oversized windows. The apartment also comes with a private balcony, an open kitchen, a lovely master bathroom (and en-suite bathrooms for each bedroom), and more amenities. There's no private pool, but whoever buys this place will still probably be pretty comfortable.

Onto the penthouse: It's now a duplex, with more than 5,000 square feet of interior space, and a 1,000-square-foot private terrace. One big change: The private pool is now gone, with Property Markets Group's Kevin Maloney telling the WSJ that "I don't know if an indoor pool on top of a 210-foot building is necessarily that practical." But other luxe amenities, including a private elevator, a gallery, parlor room, 300-square-foot walk-in closet, "spa-like" master bath, and even more, because of course.

The $45 million apartment had sat on the market for a year without a buyer, and Maloney told the WSJ that the decision to break up the units was because "We saw the market slowing down on the high-end." Now to see if they'll sell at these incrementally lower prices.


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