Wednesday, July 13, 2011

From farmhouse to penthouse: 141 Prince Street.

Curbed just published a list of the ten highest priced sales so far this year.  The third highest price was for the penthouse at 141 Prince Street, which went for $25,000,000.

I remember when that penthouse was an actual farm, with animals and hay and barn doors and god knows what else.  There was a meditation room in the empty water tower.

My notes from visiting it in 1990 say, “Charming & wonderful.  I patted the ducks & chickens.  But VERY special - it may take years to find a buyer. Also, 2000 of 8000 sq.ft are exterior. At $350/sq.ft including exterior, seems a bit steep.”  Among its later owners were Rupert Murdoch and Elie Tahari.

Other sales ranged in price from  $18,995,000 for a townhouse at 20 East 10th Street  to $48,000,000 for a 6,000 square foot combination at the Plaza.  Four of the sales were downtown, four on the upper east side and two on the upper west side.

Here’s the link to the Curbed posting:  http://ny.curbed.com/archives/2011/07/12/the_10_biggest_new_york_city_real_estate_sales_of_2011_so_far.php

cstimpson@stribling.com


©copyright Confidence Stimpson 2011

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