Articles on Tribeca Summit

Giving The TriBeca Townhouse Another Shot

Inside TriBeca Townhouse

TriBeca is mostly known for its pre-war luxury lofts and gleaming condominium buildings. As well as its cobblestoned streets and high-end shopping. Rarely would one expect to find a townhouse situated amongst the other residential dwellings. Yet expectations are often misleading, and within the stylish neighborhood, on 452 Greenwich Street, low-and-behold a townhouse stands on a corner, facing north.

TriBeCa: An Overview

Streetscape In TriBeCa

TriBeCa –  Taking a walk down the cobblestone streets of TriBeCa it wouldn’t be a surprise if you bumped into Jay-Z on your morning jog or Robert DeNiro as you’re taking your beloved pooch for a walk down Chambers Street. This neighborhood is known for its famous residents( even the late John F. Kennedy Jr used to live here) and is the home of many young professionals with families. Its name is an acronym for “Triangle Below Canal Street.” TriBeCa extends from the south section of Canal Street between Broadway and West Street and south of Vesey Street. In the mid 1800’s TriBeCa was labeled as Manhattan’s Lower West Side and was one of the first residential neighborhoods in New York.  By the 70’s and 60’s the area transitioned and became industrialized. Most spaces were warehouses, turning TriBeCa into and the home for many New York City artists and musicians. Today those industrial buildings and warehouses have now been converted into upscale loft spaces and homes.

How Haircuts Happen: Tribeca Luxury Condo Tribeca Summit As Object Lesson In Condominium Economics

Tribeca Summit in Manhattan We've previously written about Tribeca Summit, one of the more promising luxury condo listings in Tribeca, here at the New Construction Manhattan blog. We've written about Tribeca Summit both because it's one of the more striking pre-war condominium listings in Tribeca and because it is an exceptionally good source of blog copy -- from bitter-ish management disputes to price cuts, Tribeca Summit is an interesting building that has the misfortune, as the Yiddish curse goes, to live in interesting times. But while condos continue to sell at Tribeca Summit, its continued willingness/need to reduce prices on its apartments for sale has made it a frequent subject of analysis. Add it all up, as Sandy Mattingly does at his blog Realtown, and you've got a portrait of a very appealing Manhattan condominium listing with some very appealingly negotiable prices on its condos for sale.

Things New Construction Manhattan Blog Loves: Actual New Construction in Manhattan

New construction update in Manhattan It's tough to cover Manhattan real estate without a little bit of hyperbole making its way in -- Manhattan condos are something like a hype-driven economy, after all, and while there are certain basic real estate truths, NYC real estate is essentially always in flux. When the economy is good, things in Manhattan real estate are good; when the economy is bad, things are less good. "Good for whom" is the question that probably matters most to you, and right now the answer is still, "Good for condo buyers."

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.