Looking To Buy Into New Condo Building Soho

[JE PARLAY]

Anyone Know Any New High End Condo Buildings In Soho
Where Sales Office Hasnt Opened Yet?

[lofter1]

Not sure if sales office has opened yet or not but you might look into SoHo Mews (http://www.sohomews.com/) on West Broadway

There's a new much smaller building (~ 9 units) near completion at 72 Mercer (http://www.72mercerstreet.com/) (aka 501 Broadway)

Or you can get Lenny Kravitz' place at 30 Crosby for a cool $$ 19.5 million ...

Condo for Sale (Sans Tusks)

http://graphics8.nytimes.com/images/2007/10/14/realestate/600-deal.jpg
Evan Joseph
An interior of 30 Crosby Street, home of Lenny Kravitz

NY TIMES (http://www.nytimes.com/2007/10/14/realestate/14Deal1.html?_r=1&ref=realestate&oref=slogin)
By JOSH BARBANEL
October 14, 2007

Big Deal

It may be best to see Lenny Kravitz’s SoHo penthouse at dusk. That is when the tilted double-height wall of glass glows a deep blue and casts a warm glimmer on the chocolate brown walls and dark carpeting, on the steer horns standing sentry atop a huge glass dining table, and the zebra-skinned chairs.

Mr. Kravitz, the singer and songwriter, with a yen for interior design (http://www.nytimes.com/2005/07/21/garden/21star.html), has spent 18 months and more than $1 million renovating and redecorating his 6,000-square-foot penthouse duplex at 30 Crosby Street, through his own nine-member design firm, Kravitz Design.

Yet when the work was done, no sooner than you could say “punch list,” Mr. Kravitz put the apartment back on the market for $19.5 million (furnishings not included), $7 million more than he was asking when he listed it for sale before the renovations began, and over $11 million more than he paid for it in 2001.

Since the spring, the 5,800-square-foot condominium, with nearly 3,000 square feet of terrace and rooftop space, has been quietly marketed by Andrea Wohl Lucas, a broker for the Corcoran Group who has worked with Mr. Kravitz for many years. The brochure for the apartment has a confidentiality warning in large type, “These photos may only be distributed to potential buyers that have been approved in writing by the seller.”

But when a recent deal to sell the unit to a British businessman fell through, Ms. Lucas decided to ratchet up the marketing of the apartment, which has five bedrooms (if you count the media room), seven baths and a spacious kitchen. She now plans to post photographs of the space on the Corcoran Web site and reach out to brokers across the city. She even permitted a reporter to view the dressed-up apartment, but only at dusk.

The apartment, or at least as much of it as could be glimpsed in the dim light, had gracious, if sometimes idiosyncratic details. In Mr. Kravitz’s first round of renovations, what is now the dining room or board room was filled with a billiard table, under spherical ostrich-feather lights. Now all is cool and dark. A glass table is set on polished chrome cubes over a brown rug and surrounded by 14 dark brown chairs on chrome bases.

There is a huge marble fireplace, faux elephant tusks, beaded curtains, a statue of Miles Davis, and a mural on a wall depicting Mr. Kravitz’s mother, Roxie Roker, an actress best known for her role in “The Jeffersons,” a television comedy in the 1970s and 1980s.

Brokerage firm records show that the apartment was listed for as much as $17 million in 2002, then at $13.5 million and then down to $12.5 million in 2004. Ms. Lucas said that the records showing a $17 million asking price were an error, based on an inaccurate press account. She said that although the apartment was listed later at the lower prices, it could not be shown during much of this period, because it was being rented, first by Nicole Kidman and later by Denzel Washington. The current price, she said, is well below asking prices on new penthouses in the area.

Just how significant the apartment redesign will be to buyers remains to be seen. Jonathan J. Miller, an appraiser and executive vice president and director of research for Radar Logic Inc., said that jazzy renovations can shorten the marketing time, but are unlikely to affect the sale price.

“At the end of the day the buyer is buying the unit, and the decorating or the way an apartment shows, more often than not, is not reflected in the price,” he said. He added that the strength of the Manhattan market, rather than the details of the design, was likely to be Mr. Kravitz’s best ally.

But Carleen Donovan, a publicist who represents Mr. Kravitz, said he did not renovate the apartment in order to sell it. She said that after the work was done, he realized he wasn’t spending as much time in New York as he had expected (he has homes in Paris and Miami), and with an album due out soon and a touring schedule ahead of him, he decided to sell it instead.


Copyright 2007 The New York Times Company

[JE PARLAY]

thanks but trying to find 1 bed

the above apts are huge with huge money$$$

[lofter1]

Henceforth it would be helpful for you to note your limitations up front so I don't waste my time posting things that don't satisfy your needs :cool:

SoHo proper has a legal space limitation whereby residential units under 1200 sf are not allowed.

You might look in surrounding areas -- those which try to pass themselves off as SoHo (the edges of Chinatown, Little Italy, Hudson Square) but in actuality are just piggy-backing on whatever cache the public might think such a faux-location offers.

[JE PARLAY]

Sorry
Yeah It Would Of Helped If I Mentioned That


Wow Didnt Know That
Well I Can Get A Big 1 Bedroom

Just Trying To Get Sum Hints On New Upcoming Projects

[Front_Porch]

L1, we've seen JE Parlay do this before

I probably have a 2-bedroom coming up for sale, but it's a beautifully tricked-out condo, and it's not gonna be cheap.

ali r.
{downtown broker}

[JE PARLAY]

YOUVE SEEN ME DO WHAT BEFORE???




L1, we've seen JE Parlay do this before

I probably have a 2-bedroom coming up for sale, but it's a beautifully tricked-out condo, and it's not gonna be cheap.

ali r.
{downtown broker}