Morris Adjmi’s luxurious Greenwich Village condos launch sales from $7.2M

The architect says the building’s design “recalls...when the area was populated by artists and bohemians”

By Zoe Rosenberg@zoe_rosenberg Jun 6, 2017, 11:00am EDT

Greenwich Village’s University Place between 12th and 13th streets is buzzing with action: The parking garage formerly occupied by Bowlmor Lanes has been cleared to make way for Annabelle Selldorf’s pricey 21 East 12th Street, and the neighboring site has also been leveled and has given way to 116 University Place, the small condo project designed by Morris Adjmi and developed by KD Sagamore Capital and Ranger Properties. If the positive reception (read: quick sales) at Selldorf’s condo are any indicator, the five condos of Adjmi’s 116 University Place will also follow in quick succession.

Those five condos hit the market today, offering up 3,000-square-foot-plus floor-throughs ranging in price from $7.2 million for a four-bedroom, three and a half bathroom to $9.95 million for a three-bedroom, three and a half bathroom with private rooftop space. All apartments in the building offer at least three bedrooms and a study, or can be configured as a four-bedroom.

The building, which has already topped out, will have a facade of corbelled brick that “recalls the studio windows added to houses and apartments when the area was populated by artists and bohemians,” according to a quote by Adjmi on the building’s website. (Sure, why not.)

The interiors, however, will not draw from the lifestyles lead by the area’s early artists and bohemians: They’ll be thoroughly luxurious, of course. Kitchens will be designed by UK firm Smallbone of Devizes with natural lumix quartzite countertops and a Miele appliance suite with double ovens. Bathrooms will come with marble Calacatta Crema flooring and walls and custom dual-sink vanities. Each apartment will come with a separate laundry room including storage and a sink.

Residents will have access to a shared roof deck with a kitchen, a gym, and additional basement storage. The building replaces Bennie Louie Chinese Laundry and University Place Gourmet, which occupied the two buildings snatched up by Ranger for $22 million in 2015. Cathy Franklin, Alexis Bodenheimer, and Marion Smith of The Corcoran Group are leading sales. Move-ins are slated for early 2018.