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At Fulton Fish Market, Residential Conversions Begin

At South Street Seaport, change rises like the tide. A tipster reports, "The first of the former Fulton Fish market stalls has been sold and the scaffolding is already up. 108 South Street, formally home to Haley's Comet Seafood Corp., sold in February for a cool $2.4 million. Although is currently has views of the FDR and the abandoned New Market Building, it might be a the steal of the century: wait 3 years when the front door opens up to views of the the new East River Waterfront Esplanade, the redeveloped market buildings, and the Brooklyn Bridge. Neighbors to the left and right are looking to get in on the action, although they might be charging too much for this up and coming (but not yet there) block."

Given the relative value of restored property in the hood—check this hot-looking$10m Brown Harris townhouse listing on nearby Front Street—we're inclined to agree. (For those with a little less loose pocket change, this badass $599k Halstead loft on Pearl Street at Peck Slip also looks worth a look; see also this week's Downtown Express story on the continuing upgrades to nearby Peck Slip.)
· Listing: Front Street Townhouse [Brown Harris Stevens]
· Listing: 324 Pearl Street Mini-Loft [Halstead]
· Listings in Fulton/Seaport Manhattan [StreetEasy]
· Park, Piazza or Pool? Debate over Peck Slip's Future [Downtown Express]
· East River Redevelopment Update: Peck Slip [Curbed]