Location: 211 Elizabeth Street, at Prince Street Size: Seven floors, 15 units Prices: $1,550,000 to $6,950,000 Architect: Roman & Williams Developer: 16 Prince Development LLC (Principals: Robert Siegal and Peter Manning) Sales & Marketing: Mary Ellen Cashman and Sean Turner for Stribling
Some people have already made up their minds regarding this boutique condo building sprouting up on a prime Nolita corner, but for the rest of us, here we go. The latest from the design firm Roman & Williams (currently working on the spa/gym at 40 Mercer and the Standard, as well as the Ace Hotel), 211 Elizabeth is seven stories of contextual red brick and seven-foot-tall black wood windowsthe "pre-war manner" a sharp contrast to the modernity of another new neighbor, 290 Mulberry Street.
The residences have wood-burning fireplaces, 9' glass doors that divide the living and dining rooms, and rooms trimmed in high-gloss black oil paint. The kitchens and bathrooms look absolutely incredible, with hand-painted walnut shelving and Danish oiled wood counters in the former, and delicious creamy centers in the latter, meant to evoke a "grand European hotel." At over $2,000/sqft this one is swinging for the fences, and there has already been some success: the penthouse, which has 1,400sqft of outdoor space as well as a fireplace-sporting solarium, is already in contract. There will be a grand opening party for the building on April 15th (what better day to think about dropping a down payment on a new condo?) at the New Museum.
211 Elizabeth
211 Elizabeth Street, Nolita $$$, Fancy Finishes, "Pre-War" Heads Downtown website, listings
NOLITAA tipster sends in the above curious photo of an Airstream trailer being dropped off at the construction site at Elizabeth and Prince Streets, demanding more info on said curiosity. We've learned that the new 7-story boutique condo building at 211 Elizabeth Street will use the Airstream as its showroom, and it will be set into the ground floor of the building. The whole shebang is being unveiled tomorrow, and we'll have much more to say about this building then. [CurbedWire Inbox]
BROKERVILLEDolly Lenz has already made her opinions felt regarding the discrepancies between the Prudential Douglas Elliman first-quarter sales report and the far sunnier Halstead/Brown Harris Stevens report, and now Halstead/BHS chief economist Gregory Heym (who prepared the report) has weighed in as well. In a memo sent to all agents in the company, he wrote: "Last week, we released our First Quarter Market Report for Manhattan based on closed sales and our competitors released their own individual reports as well. One of the other reports stated that the number of sales had fallen 34% compared to the first quarter of 2007. This decline in sales was widely reported in the media, along with our findings of only a 1% decline in the number of sales. The main reason for this discrepancy is how many sales actually closed during the first quarter of 2008."