Out and About: Panache vs. pragmatism

Terrace of $4.150 million townhouse

A new development in Hell’s Kitch– er, Clinton has had a loooong history.  And therein lies a tale.

The long history, of course, has to do with the amount of time it is taking to sell out the building, where sales started two years ago and which has impressively designed and finished interiors. In fact, the development won a 2007 design award from the New York chapter of the American Institute of Architects.

Combined living room, kitchen

Loaded with amenities, including garage spaces that run $130,000, the building has 51 open flats, 22 duplexes and penthouses, plus nine townhouses.

With preternaturally clean lines, sharp angles and an accent on drama, the units have expensive features such as honed white quartz countertops, marble-tiled baths with radiant heating, Corian- encased soaking tubs, floor-to-ceiling windows and wide-plank solid oak floors. At the top of the windows are molding and electrical service to accommodate remote-controlled shades, which would be mandatory for any owner facing south.

Penthouse staircase

On the downside is Continue reading

Out and About: What is a triplex?

You decide: Is this a triplex?

It troubled me the last time this unit went on the market, nearly two years ago.  And it bothered me when I saw it again a few weeks ago.

The co-op was listed for $660,000 in October and now is at $589,000, after three reductions, with maintenance of $1,022.  In an 1886 brownstone in a low 80s Central Park block, it is said to contain one bedroom and one and a half baths.

There are exposed brick walls, a wood-burning fireplace, a spiral staircase and three windows described as “grand.”  (They are, actually.) Continue reading