Stephen G. Kliegerman
President of Development Marketing
West Chelsea's +Art took a bit of a break from the market when sales stalled in fall 2008. At the time, it was asking $520,000 to $4.16 million for its 88 units, some with oh-so-peaceful Ohm views. We've been hearing for a few months that the building was about to attempt a comeback, and that day finally appears to be here. A handful of listings popped up on StreetEasy over the weekend, with a new price range of $520,000 to $2.3 million. (Halstead also lists one $530,000 studio in contract.) Occupancy has been pushed back from this spring to the summer, but with only one unit in contract, maybe it's time to bring back the +gimmicks?
· Listings: +Art [Halstead]
Monday, May 03, 2010