Thought I would cover two additional developments this month, one which I had seen about six weeks ago and forgot to write about (!), The Schumacher, and 71 Laight Street, The Sterling Mason.
They have a good bit in common, beyond both being downtown.
The Schumacher, 36 Bleecker Street
First, the Schumacher.
I’ll quote the website:
“A historic Romanesque Revival-style print atelier was re-envisioned in a boutique address of 20 two- to four-bedroom residences. Thoughtfully restored to its original grandeur by team of visionary tastemakers, the loft residences have a timeless appeal and enduring quality.”
What does stand out is the loving restoration of the building.
They are taking it all the way back, in the way that a townhouse owner might care about make the facade as lovely as it was when it was originally built.
In my mind, I’m thinking about Italian craftsman, performing skills that are now lost to us.
I’m thinking about my great-grandfather, whose wood-working skills on Illinois’ Pullman cars made train travel so magical long ago.
Now this level of care and thought is reserved for these boutique condominiums, but boy is it lovely!
Added to that is top-end landscape architecture, bringing some delight to the views from teh interior courtyard.
The location of the building on Bleecker Street in NoHo puts it close by to other significant neighbors on Bond Street
(25, 40, 48) and
the apartment size, barrel vaulted
ceilings, huge windows, smart
design makes these timeless, appealing, and really stunning.
It’s urban and rustic, spare and airy.
I really loved these units.
They are not about the view- think Tribeca in their lack of open views- but this is about
homes, feeling that you own a house, rather than an apartment.
There’s a warm which
has stayed with me, even though
it’s been a little while
since I saw these.
Combined with an incredible
eye for art and design which will
greet you in the lobby, I expect this fully though-out development to be a huge home run.
71 Laight- the Sterling Mason.
The Sterling Mason
Classic lofts hold so much appeal when given this residential treatment.
At current pricing, developers can offer modern HVAC, great windows, and superb finishes.
These properties
seem to take urban living to a new level, though, as expectations increase.
That said, views and light are the premium features outside of loft living.
To bring in views, such as in these penthouses, really up the price tag.
Perhaps this is why the view aparments have skyrocketed in their closing prices.
Light and views REALLY cost more these days.
huge deep-soaking tubs, penthouse units with
working fireplaces, stunning outdoor spaces,
and some great views in these as well.
As there is still only the showroom, just like all of these I’m writing about, it’s often a challenge to get
a great sense of the specific units, in how they’ll “feel.”
My main takeway is that they will have three $20-$25mm penthouses, and those are the big focus.
Once we can get into the building, I’m concerned that everything will be sold except for these!
Independent of mortgage rates, independent of season, independent of new heights of asking prices.
Monstrous demand and high quality product across Manhattan.
At least these three.
Have a great month!