Tribeca loft goes for $3.15 million in city auction

The Ice House, 27 N. Moore St. in Tribeca.

With only a single competitor, a Long Island man won a two-bedroom, two-bath condo at 27 N. Moore St. for the favorable price of $3.15 million at the city’s auction of nine apartments in Manhattan today.

Public Administrator Ethel J. Griffin had set the minimum price at $3 million for the more than 2,000-sf loft, which had been owned by one Veronica Lee in a building called the Ice House.  According to Curbed.com, Lee paid $774,000 for the unit in 1999 and died owing JP Morgan Chase $1.9 million left on her mortgage.

“I feel good,” successful bidder Mario Montoya told me after the auction, adding that he had been prepared to offer “a little more.”

City to auction off $3 million condo, 8 other units

Condominium called the Ice House at 27 North Moore St. in Tribeca

The sale of a condo with a minimum bid of $3 million is the highlight of a new estate auction scheduled for June 28 by Public Administrator Ethel J. Griffin.

Among the eight other apartments to go on the block starting at 11:30 a.m. are three income-limited units, a co-op in the Kips Bay neighborhood and one on the Upper West Side in the Lincoln Towers complex.

The $3 million unit is in the Ice House, at 27 North Moore St., in Tribeca.  It was owned by one Veronica Lee, but I have been unable to find verifiable information about her.

What I know is that

Frustrated artists can dress up their naked walls

Hanging sculptures designed with or without your input represent one of three options that A.R.T. offers at unusually reasonable prices.

Donald Rattner, a friend who is a successful architect, is branching out – almost literally.  He has started a business called A.R.T., which Don characterizes as “a new way to create, collect and think about contemporary art” by making high quality, original art more accessible to more people.

He and his wife Gaby opened a pop-up store in Brooklyn’s pulsating DUMBO (near Grimaldi’s impossibly popular restaurant) that I visited a few days ago, and I was blown away by the quality of the design and the level of creativity.  Best of all, the prices are within reach of many consumers.

The average price of one module ranges from $38/unit to $55/unit for the shelf art and $45 to $60 for the wall art per module, with a minimum order of two or three units, depending on the line. Mural art runs $8-10 a square foot.