Sunday, Douglas Elliman plans to host open houses at two of its latest new condo conversions in the Union Square Area: 60 East 13th Street ($1.3-$1.95m) and 126 University Place ($1.725m and up). While the 13th Street property has been on the market for just under a month, Sunday marks the first showing for University Place. Inside, Curbed's real estate spy offers a quick comparison of the two.
60 East 13th Street
60E13 offers seven apartments, three "West Lofts" (1,875 sq ft, N/S/E exposures), three "East Lofts" (2,575 sq ft, N/E exposures), and one penthouse. Each apartment will be delivered as an open loft with basic GE kitchen appliances and one bath half-built out. Sample floor plans are shown converting each space into 2 bed/2bath + office or 3 bedroom homes. Although the building has central A/C, buyers will have to pay additional for the units to be installed because, as one broker put it, "We don't know where you want them." Units range from about $21k to $37k per apartment. Fixture upgrades are available and interested parties can price them into the overall sale price (can be included in mortgage). Ceiling heights diminish on the higher floors, as natural light increases. Listings start at $1.3m and go to $1.95m, not including the penthouse.
· 60 East 13th Street [Douglas Elliman]
The Claremont at Union Square
Robert Gross has his name on another new development in the hood, The Claremont at Union Square at 126 University Place between 13th/14th Streets. These new conversion luxury, full floor condo lofts range in size from approximately 1,900 to 2,500 sq. ft. Prices start at $1.725m. In contrast to its easterly neighbor, the additional $425k gets you fully built out units with high-end kitchens/baths and private outdoor space. The developer is The Claremont Group which has built other eponymous properties such as The Claremont House at 52 East 72nd Street and The Claremont South at 254 West 10th Street. TCG, also a commercial developer, is responsible for building the FBI Headquarters in Newark. Hazard a guess on the name