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Anticipated Lispenard Street Condos May Launch Sales Soon

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Things have been quiet on the 52 Lispenard front, at least since the small Tribeca development launched its teaser site well over a year ago; but new details divulged by the Post incite that a sales launch for the seven-unit building is, perhaps, not too far in the future. The Post reports that the condos in the conjoined two-building development will be available on the market "in the coming weeks," which is a far cry from over the summer, when they were initially anticipated to avail themselves. In the meantime, the apartments have also pinned down a new price point: between $6.65 million and $11 million, a more narrow range from the most recent pricing update which had the seven three- to five-bedroom condos asking between $3.25 million and $13 million. The apartments will be comprised of garden duplexes, floor-throughs, and a duplex penthouse. A few of the apartments will have outdoor space.

The path to the condo conversion has been a long one, first extended by the Landmarks Preservation Commission, who failed to agree on initial plans to conjoin the fire-ravaged 52 Lispenard and its neighbor at No. 54, both of which fall in the Tribeca East Historic District. The commission was finally wooed by a design that incorporated a "worthy riff on cast iron" and a steel stucco facade. Since the okay, news from the development has been few and far between, but things seem to be moving on now.
· Sleepy Lispenard Street Awakens to New Development [NYP]
· All 52 Lispenard Street coverage [Curbed]