Today we're digging into SPRING, the luxury condo building at 60 Spring Street whose ownership documents hit the public domain this week. Originally a bank designed in 1924 by Cass Gilbert, the building has been made over by architects Tsao & McKown, and was a hot property right from the get-go. Apartments priced from $1.48 million to $7 million (for a killer penthouse) were over 75% sold by March, when doors were scheduled to open. Alas, due to construction delays, they haven't yet. According to property records, two apartments were still available as of April 27:
1) Apt. 14A: 2BR plus library, 3 baths, 1735 sq. ft., $2.155m
2) Apt. 15D: 2BR plus study, 3 baths, 2063 sq. ft., $2.98m
Comparables within the building: Apt 15A (1735 sqft) went for $2.63m; Apt 15B (2154 sqft) for $2.93m. Marketing is through the Sunshine Group.
· SPRING: 60 Spring Street [spring-home.com]
· Tsao & McKown [tsao-mckown.com]