Gea Elika's Blog, page 180
September 30, 2014
224 Mulberry Street
Located between Spring and Prince, 224 Mulberry Street is a seven-unit luxury condo property. Construction on the building is currently underway and slated to be completed during the first quarter of 2015. In addition to amazing views of the NYC skyline, the building’s 1,370 square foot roof will have areas for exercise, food preparation and relaxation.
History
Flank is the architecture and development company behind 224 Mulberry. Although other companies are now on the bandwagon, Flank was one of the first to develop oversize condos and boutique buildings in Lower Manhattan. While developing a site that used to be a parking garage into spacious 3 to 4 bedroom units may sound like a gamble, Flank’s track record shows they have the necessary experience to make this project a success.
Architecture
At 110 feet, 224 Mulberry Street is a very tall building when compared to its surroundings. Its exterior features reddish-brown brick and large multi-pane windows. Thanks to recent height restrictions, the great views provided by the building’s windows will remain unimpeded for the foreseeable future.
Residences
Solid white oak is the primary flooring throughout the residences. The kitchens feature countertops made from polished statuary marble, while the living rooms have wood burning fireplaces.
Master bathrooms include a cast iron bathtub, and the countertop in the secondary bathroom is Bardiglio slab.
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Amenities
Not only does the building have a large roof space with great views and multiple amenities, but additional features of the building include:
Covered garage with assigned parking that’s accessible via the main elevator
1,010 square foot gym with brand new cardio equipment and fitness machines
Key locked storage rooms with enough space for both boxes and larger items like bicycles
Availability
When Tim Crowley, the project broker for 224 Mulberry Street, started talking about this project in October of 2013, he said that pricing would be unapologetically high. Initial estimates pegged the pricing per square foot at over $3,500. When the first two listings for the building went live in September of 2014, they were fairly close to those estimates.
The pricing for Unit #2 works out to $3,249 per square foot, while Unit #5 comes in at $3,394 per square foot. Their respective asking prices are $13.25 and $10.75 million.
Although prices aren’t yet available for the other five units, size information is available for all but #4. With the exception of #7, the units range in size from 3,167 to 4,078 square feet. Each unit has 3 bedrooms and 3.5 bathrooms, as well as a terrace with 377 to 990 square feet of space.
At 5,646 square feet, Unit #7 is the largest in the building. It has 4 bedrooms, 5 bathrooms and a 985 square foot terrace.
Neighborhood
224 Mulberry Street is located in Nolita. That puts it just a few blocks away from great dining, shopping and other New York attractions. Notable nearby establishments include Cafe Gitane, Balaboosta, Rubirosa, Creatures of Comfort, Caffe Roma and the New York Public Library.
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September 26, 2014
Room with a View: Consider These 6 Things Before Living on a High Floor
The thought of living on a high floor in New York City might seem glamorous: the loftiness, the view, not to mention street noise reduction. But there are a few things to consider when you commit to residing in a “deluxe apartment in the sky,” and a lower floor could be more practical and convenient.
Take it from me (I have first-hand experience), living high isn’t as fabulous as it sounds. Hence, that is why I downgraded from a 29th-floor apartment as a renter, to an 8th-floor apartment as a buyer. I did love looking at the East River, but I don’t miss that high floor one bit.
I suggest that you think long and hard about these six points before living high up in Gotham.
1. If the elevator breaks, you’re screwed.
That’s right. If you live on floor 15 and the elevator breaks (some pre-war high-rises have just one elevator), you’ll have to use the stairs until it’s repaired. Extra cardio? That will be more than a workout when you need to carry your 70-pound Labrador Retriever (he’ll tire after about nine flights); or, if you have to lug several grocery bags from Trader Joe’s. Did you really think a delivery guy would climb 15 floors? If he will, be prepared to tip big time.
2. If there’s a power outage or catastrophe, you’re also screwed.
Your view of the Chrysler Building is awesome from the 22nd floor. But during a hot New York summer, there’s no knowing when the city’s circuits will overload, so a blackout can occur at any time. Even with a second elevator, you’ll have no option but to take the stairs –– all 22 flights of them. You’ll find the same issue if there’s a fire and you have to get out of the building quickly.
3. You could be afraid of heights and not know it.
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If you’ve never lived in the heavens before, there is the chance that you’re afraid of heights, but you don’t know it. Even if you don’t suffer from acrophobia, you might not relax or sleep easily just knowing that you’re sleeping so high above the ground.
4. Coming and going will take longer.
The higher the floor, the more pick-ups and drop-offs. You’ll most often ride the “local” elevator during rush hours, and the “express” will be reserved for late nights only, which happens to be the opposite of the New York subway.
5. Your magnificent view could change, or go away completely.
New York is a city of construction and expansion with new buildings breaking ground regularly. As thrilling as that might sound, you could eventually lose your Empire State Building view, and be staring at something much less attractive, like a cookie cutter high-rise.
6. Higher floors cost more.
If you want that view, you will have to pay for it, and the better it is, the more it will cost. Higher floor apartments can run as much as 15 to 20 percent more than those on lower floors, which is just one more reason to opt for apartment 4B rather than 19C.
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