Articles on 415 Greenwich Street

Down From The (Tribeca) Summit: Tribeca Luxury Condo Conversion Cuts Prices

The Summit in TribecaWe've written before about Tribeca Summit at the New Construction Manhattan blog. The pre-war luxury condo conversion at 415 Greenwich Street in Tribeca has -- despite its exceptional promise and striking pre-war looks -- had a rough go of it in terms of squabbling developers and other brand-tarnishing Manhattan real estate mishaps. While the apartments for sale at Tribeca Summit remain very attractive in their own right and the property remains among the most appealing condo listings in Tribeca, the soft market and hard-to-watch developer squabbles dictated that something had to give. And so it has: Curbed reports that list prices on condos at Tribeca Summit have come down some 20 percent of late. What does this mean?

Tribeca Summit Shakes Up Management, Keeps Selling Units

Tribeca Summit in New York CityLast week, we talked a bit about the management issues at Riverhouse, the super-green condominium in Battery Park City that is continuing to sell condos despite a legal shouting match between its developers and managing corporation. It's a problem that Tribeca condominium Tribeca Summit, at 415 Greenwich Street, can relate to. Luckily, though, Tribeca Summit -- like Riverhouse -- has some good news to go with the less-good. According to NYC real estate website Curbed, even what looks like less-good news -- the fact that Tribeca Summit's financiers have taken over from its developers -- may wind up being good news for buyers.