Tribeca's 'Our Suburb' Update: Pushing Skyward
Friday, June 1, 2007, by Lockhart

[Photo by A Test of Will via Curbed Photo Pool]
Been awhile since we've caught up with one of our favorite obsessions, the 10,000 square foot townhouse-thing described by its wealthy creators as "our suburb." Lo, it has started to rise on the corner of West Broadway and No. Moore. Here was the description we had of the place awhile back:
The ground floor alone will house an entrance foyer, art studio, a garage and loading dock for the studio, and two guest bedrooms. The second floor will be a 2,800- square-foot living, dining and kitchen area, recreation room and home theater. Over the living room are planned structural recessed skylights, bringing the outside into the living and rec rooms and creating an inner courtyard. Continuing upstairs: a study/library and kids playroom on the third floor; three children's rooms on the fourth (they plan to have more kids); a master bedroom suite on the fifth; and a gym on the sixth. The Schnalls are toying with the idea of putting a pool on the roof.
We've yet to see final renderings of the place, so it'll be fun to watch the facade come together. Our money's on dark-tinted glass—and a machine-gun nest on the roof.
·
Tribeca's 'Our Suburb' Update: View to a Demo [Curbed]
·
Hot Model Advertecture Attacks 'Our Suburb' [Curbed]
·
10,000sqft Tribeca Dreampad is 'Our Suburb' [Curbed]
Mortgage brokers. Of course. I hope he goes bankrupt.
I'd be suprised if they ever move in. This place sucks. At least they kept the old facade there... sort of.
I want to rent to the old liquor store bar across the street and shine lights in their windows all night.
I am not surpised they are having trouble, when I was shopping for a mortgage once, I went to the New York Mortgage Company. The loan officer was really nice, but they wanted something like a $600 dollar application fee, absolutely ridiculous.
I only have one word to say:Schadenfreude
( or should I say Schnallenfreude!)
Schnall is a guy you want to hate very badly, but you really can't-- nor can you his wonderful wife.
They're two really great people-- who happen to have a lot of money-- and heart.
And adding 4 people to the neighborhood is a lot easier than 400.
PS-- that app fee is a standard in the mtg industry, and no company gets rich off an app fee.
Look at line 806 on your GFE-- THAT's where brokers make money.
Schnall is a guy you want to hate very badly, but you really can't-- nor can you his wonderful wife.
They're two really great people-- who happen to have a lot of money-- and heart.
And adding 4 people to the neighborhood is a lot easier than 400.
PS-- that app fee is a standard in the mtg industry, and no company gets rich off an app fee.
Look at line 806 on your GFE-- THAT's where brokers make money.
whoops-- just realized I meant Line 808-- it's called "yield spread"
This place is a delight to the neighborhood, especially when you compare it to all the other developments in tribeca, some of which are 50+ stories high, and most of which are a minimum of 30 condo units. Who is the jealous, resentful guy/gal hoping this mortgage owner goes bankrupt and wants to shine bright lights into his one family home from across the street? If he sells, you never know what the next guy might turn this place into.
I have been looking for a loft or townhouse to buy and this 10,000' beast seems like the most awesome home ever built in Manhattan. Kudos to the mortgage guy and his hot wife. Hey, light-boy, why dont you shine that bright line up your arse. Maybe when your boss gives you a break from the french fry grill you can do something productive with your life.