Jan. 27, 2012 - butter and egg loft at 176 Duane Street sells at $1,889/ft

where is your “prime Tribeca”?
You could argue about where the most prime Tribeca micro-nabe is, but ti should not take too long. I can see a case for N. Moore Street or Franklin Street, both between Varick and Hudson, and much less of a case for the top (northwest) corner. But my money for the small area having the most Tribeca-ness is Duane Street around the park, west of Hudson. Ignore, if you can, the Independence Plaza towers at the west end of the triangle, then all the buildings facing the park have some character, with some sidewalk awnings and loading docks, and the interesting angles that make for interesting streetscapes and views. I may be unduly influenced by the fact that there still were butter and egg businesses along this block when I moved to Tribeca in 1981, but that is my personal favorite block in all of Tribeca.

Which is a long way to introduce the sale of the “2,336 sq ft” Manhattan loft on the 2nd floor of 176 Duane Street, which was marketed as though this is the most prime spot in Tribeca and this loft is the quintessence of Tribeca. I cannot disagree. I will sometimes yield to the temptation to snark about broker babble, but not this time:

a special property ... that captures the true spirit and essence of its neighborhood. ...an industrial 1868 building that once housed a butter and egg company, is the quintessential Tribeca floor-thru loft, one that exudes all the romance and charm of old New York. ...12-foot high exposed wood beam ceilings, authentic brick walls, and a long window seat made from one of the building's original wooden beams embody the spirit and soul of Tribeca, while enormous 10-foot high double-glazed windows afford you stunning treetop views of romantic Duane Park and the surrounding historic district. ...subtle details such as a hidden wood and steel fire door ….

$2,142/ft

141 Fifth Av #38

$2,064/ft

#PH-W at 144 West 18 Street (the Chainworks Building)

the loft with 4 terraces that I hit in my August 29, 2011, 4 terraces = 1 bidding war for penthouse loft at 144 West 18 Street

$2,043/ft

225 Fifth Av #10M (Grand Madison)

$2,030/ft

#4E at 173 MacDougal Street (MacDougal Lofts)

the loft that survived a Napoleon complex that I just hit on January 9, 173 MacDougal Street loft zooms through market, into stratosphere

$1,940/ft

#20A at 15 East 26 Street (Fifteen Madison Square North)

the Bob Vila loft that I hit in my December 5, 2011, old house guy takes a million dollar bath in new loft on Madison Square

$1,780/ft

225 Fifth Av #PH-Y (Grand Madison)

$1,759/ft

99 Jane St #6J