Wow. Charles Gwathmey's Astor Place Sculpture for Living was supposed to be a blockbuster new development that would change the neighborhood forever. And yet, all its done is attract scorn and debate over whether or not it's a failure. Now comes word via The Real Deal that after two years on the market, some of the 39 units are up for rent. As a matter of fact, five apartments have already been rented out at prices between $95-$120 per square foot, which Related is trumpeting as some of the highest rents downtown (hey, they have to brag about something). Related also said confusion over tax payments on the site is the reason why the units are being rented out for now. Oh, and nobody wants to buy a condo there.
· Astor Place now renting units [The Real Deal]
· Starchitecture Sales Report: Astor Place BubbleWatch™ [Curbed]
· Curbed Field Trip: Inside Astor Place [Curbed]
[Sculpture for Living photo via Flickr user joelpy]