The building’s priciest units were sold within two months of launching sales
Sales launched in June for 21E12, the condo tower replacing Bowlmor Lanes in Greenwich Village, and apparently apartments are flying off the proverbial shelf. According Bloomberg, more than a third of the building's units have already found buyers, most notably the two pricey duplex penthouses.
The speed of sales is unexpected considering the recent slowdown in luxury condo sales, a fact that even developer Billy Macklowe acknowledges. "We were surprised," he said.
But as Donna Olshan, who tracks luxury real estate, noted to Bloomberg, the units have asking prices that aren't that ridiculous—condos in the building begin at $2.4 million, and the penthouses were asking $14.75 million and $16.5 million. That's not what anyone would call affordable, but it's a far cry from, say, the pricey pads on Billionaires' Row.
Both of the penthouses in the Macklowe and Goldman Sachs-developed building will offer more than 3,000 square feet of space, with the more expensive of the two having four bedrooms, four-and-a-half bathrooms, and the smaller one having three bedrooms and three-and-a-half bathrooms.
- This Manhattan Developer Is Bucking the Luxury Condo Downturn [Bloomberg]
- Annabelle Selldorf’s Bowlmor-Replacing Village Condo Launches Sales From $2.65M [Curbed]
- Have Prices For NYC's Luxury Developments Finally Gotten Too High? [Curbed]
from
http://ny.curbed.com/2016/8/3/12365408/greenwich-village-annabelle-selldorf-condo-update
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