The River Ridge condos, at 78 Ridge Street on the Lower East Side, has perhaps the worst location of any new Manhattan condo development. Our curiosity about this "luxury" building got to the point that, even after a PriceChop at the site of an old chicken slaughterhouse, we were quite taken aback when the first apartments went into contract. We've been keeping an eye on the River Ridge to see when one of the more expensive apartments got scooped up, and against all odds, it has finally happened. Apartment 2B, a 2BR unit weighing in at 1,083sqft with a big private terrace that gets you as close to the Williamsburg Bridge as you'd ever want to be, has gone into contract for $1,173,000. We think. According to StreetEasy, the price was increased from $999,500 after the unit went into contract, so maybe there's some numbers fudging going on to crack the million-dollar barrier, or maybe there was a bidding war. And after seeing the website, how can their not be a bidding war?
· Listing: 78 Ridge Street [Elliman]
· In Contract: Three Amigos at River Ridge (Yes, River Ridge) [Curbed]
· Peer Deep into the Soul of LES Quasi-Luxury [Curbed]