The Real Deal reports on a couple of brokerage switcheroos at newish luxury developments, including Prudential Douglas Elliman taking over for Corcoran Sunshine at former Long Island City sensation Arris Lofts. The building that made LIC safe for $3 million condos, en-suite stripper poles and the occasional zoo animal still has about 10% of its units floating around more than two years after sales began and with re-sales now popping up. Meanwhile, back in Manhattan, André Balazs's Financial District sex bomb William Beaver House is now in the hands of brokerage Prodigy International, formerly the co-broker with CORE Group (which is now threatening to sue over alleged unpaid commissions). Prodigy focuses more on Miami and foreign-based buyers, which better fits with Willy Beav's vacation-home vibe anyway. Or so they hope.
Though Prodigy says 169 units in the building (about 67% the Beav's total) are sold, 80 units have closed so far, and Prodigy estimates that 10% to 15% of buyers will walk away from their deposits. But there are some big deals in the works. Foreigners have been drawn to the gold-flecked building at 15 William Street in the past, but check out this bombshell from Prodigy's prez:
He said he is currently completing the sale of $40 million worth of units in the building for a group of Italian buyers, and a Colombian buyer is purchasing another group of units. Many of them are renting out units in the building, he said, adding that that his company is handling 20 rental listings in the building for the owners.
Indeed, StreetEasy shows a whopping 26 rentals currently available in the big Beaver, priced from $2,950 to $6,500 per month. As for the rent of the unsold units going rental, apparently that's not happening. Foreigners: They're back, baby! So what's William Beaver's Italian name?
· Elliman and Prodigy In, Corcoran Sunshine and Core Out [Real Deal]
· William Beaver House coverage [Curbed]
· Arris Lofts coverage [Curbed]