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Manhattan Loft Guy

Jan. 7, 2008 - 57 Bond back on market / still pushing (new) neighborhood values


bless the neighbors
I hit #4E at 57 Bond Street when it was new (November 1 re-setting values at 57 Bond / there goes the neighborhood), noting that it was a new development in 2003 and probably sold then for about half of the current asking price of $3.45mm and $1,712/mo (condo) for "2,125 sq ft". The new price has something to do with the new neighbors across the street:

the new kids on the block that have driven prices very far very fast are 40 Bond and 48 Bond. 40 Bond is the 31-unit Ian Schrager project with "five star hotel services and amenities", in which original units can still be had for as little as $3.5mm for "1,269 sq ft" (#6D) or as much as $9.95mm for "3,288 sq ft' (#9A). 48 Bond is the smaller (17 unit) Deborah Berke designed project that has a "3,141 sq ft" full floor unit left, asking $5.15mm.

extended holiday break?
They took it of the market before thanksgiving and just brought it back today. Maybe they had a very extended family in for a very extended holiday season.

When I hit it on November 1, the listing was so new that pix and floor plan were not yet up on PruDE’s website. With the fresh Back On Market status this morning, the listing is not even up on the site. It will probably make it later today. [Update 1.8: the listing is still not up on PruDE, though you can see the thumbnail of it on the agent's site ... weird; you can see the pix and a bit of the description there] [double update 1.8: now the link is working to PruDE; got some link love from Curbed.com yesterday, which you should click on here if you want an unrestrained classic Curbed reader comment expressing some ... dissatisfaction with the aesthetics of 57 Bond]


© Sandy Mattingly 2008
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