In its former life as 22 River Terrace, the waterfront Battery Park City building on the corner of Warren Street was home to 324 rentals. But following a Centurion and Five Mile Capital-led and CetraRuddy-designed condo conversion, the building which now goes by the address of 212 Warren Street or, better yet, by the moniker River & Warren holds just 169 condos. With its drastically-reduced apartment count, the residences are largethe building's smallest apartment still has two bedrooms and is over 1,000 square feet in size. The apartments, with bedroom counts as high as five, are priced between about $2 million and $10 million.
The conversion came to market on December 1 and is already over 50-percent sold. The building's penthouses, which will exceed asks of $10 million, have yet to come to market. They'll show up later this spring and offer private rooftop space with outdoor kitchens.
· River & Warren [official]
· Listings: 212 Warren Street [StreetEasy]
· Mapping the NYC Rentals Reborn As Money-Hungry Condos [Curbed]
· All 22 River Terrace / 212 Warren Street coverage [Curbed]