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Manhattan Loft Guy

Jul. 10, 2007 - besotted suitor finds 90 Prince? 7A in contract

 
peculiar listing meets willing buyer
Why “peculiar”? Because Unit 7A at 90 Prince Street does not have a kitchen and because the bathroom is so … err … peculiar.
 
Billed by Richard Orenstein as “1,400 sq ft” of “amazing potential”, the layout is … err … peculiar. While it is said to be a corner loft, that corner spot earned only one side window in a lot that has only four other windows. I don’t remember the listing as having presented an alternative floor plan originally (memory circuits could be burned a bit), but this has always been a “renovation special” due to the ‘peculiar’ layout and lack of kitchen.
 
potential has a price (eventually)
It came to market in January at $1.795mm and stayed on the market at $1.695mm and $1.649mm before finding a contract after a month at $1.55mm.
 
I blogged about this one in February in another renovation open house tour / take an architect to brunch when it was still seeking $1.795mm. The good folks at Curbed.com had a lot of fun with this listing back in those days (EVERYBODY INTO THE CHANDELIER DISCO TUB!!!).
 
How much money would someone have to put into these 1,400 sq ft to make this a wonderful place? For the SoHo fanatic, this is the “epicenter”, as Orenstein says. 11 foot ceilings and (at least some) big windows help. And it’s a condo (a fairly old one for the area, being a 1981 conversion).
 
SoHo without that premium, quite
I suspect it is that epicentric location, but the building has not commanded the SoHo premium of other condos. #6A was said to be completely renovated, with a chef’s kitchen, when it sold eleven months ago for $1.56mm, while #6B (actually designed by its then-owner Philippe Starck!) sold last November for $1.738mm for “1,500 sq ft” and a long wall of ‘extra’ windows. With this history #7A’s odyssey makes sense.
 
© Sandy Mattingly 2007
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