Broker-blogger extraordinaire Andrew Fine checks in with the denuding of 15 Union Square West, which was the grand original home of Tiffany's before being covered in bland white brick and serving as an Amalgamated bank. Lately it's been shrounded in black, as the building undergoes a conversion to?wait for it?condos. The cool thing is that the building's original steel frame is partially visible, giving history geeks and archinerds a chance to ogle. Amalgamated sold the building in November for $80 million to Brack Capital, who enlisted Perkins Eastman to oversee the conversion. Corcoran will market and sell this blockbuster-in-waiting when the time comes.
· Secrets of 15 Union Square West...Future Condo, Past Jewel [A Fine Blog]
· Brack planning luxury conversion at Tiffany building [Real Estate Weekly]