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Colorful Loft in Michael Stipe's Building Listed for $6.25 Million

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This monstrous, 5,000-square-foot, 5BR, 3.5BA loft occupies the entire third floor of 533 Canal Street. And while it's less polished (literally and figuratively) than R.E.M. frontman Michael Stipe's penthouse in the same building, it's also much bigger and much cheaper, at $6,250,000. (Stipe's apartment, which was listed for $10.95 million in June, has yet to find a buyer or cut its price.) It's not easy to compete with the 2,500-square-foot terrace, unobstructed river views, and Mario Batali-designed kitchen in Stipe's pad, but #3 gives the penthouse a run for its money with 25 windows, exposed brick, columns galore, and some lively paint choices.

· Listing: 533 Canal Street #3 [Halstead]
· It's The End of Tribeca As He Knows It for R.E.M.'s Stipe [Curbed]

533 Canal Street

533 Canal Street, New York, NY 10013