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Nolita No Needa Fancy Condos?

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Are the new crop of super-luxury boutique condo buildings popping up in Nolita asking too much for the tenement-stocked 'hood? None of 11 Spring's three units have sold after all this time (though marketing will pick up when the renovation is complete), and just three of the units at 211 Elizabeth have gone to contract (though sales only started in April). "The problem is there's nothing available for $1 million [in Nolita]," says Bond New York VP Tom Doyle. [NYP]

211 elizabeth street

211 Elizabeth Street, New York, NY