The Real Deal New York

New Condos: Lower Manhattan
30 Park Place

July 10, 2014 01:19PM

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At 926 feet tall, the Silverstein Properties-developed hotel and condominium tower at 30 Park Place is slated to be Lower Manhattan’s tallest hotel and residential tower. With the Four Seasons Downtown Hotel taking up the first 22 floors of the 82-story building, the 157 residential units will begin on the 39th floor. Renowned architect Robert A.M. Stern headed up the design of Lower Manhattan’s newest ultra-luxury tower, expected to open mid-2016.  Sales have been strong for the residences currently on offer at press time; 75 percent of the 63 units that launched sales in May are in contract.  Prices for the 27 remaining units range from $2.295 million for a 1,108-square-foot one-bedroom to $25.5 million for an almost 6,000-square-foot five-bedroom duplex penthouse on the 78th floor. The 78th floor penthouse is just one of the collection of penthouses that will comprise the top seven floors of the tower. The much-touted duplex crown jewel on the 82th floor is likely to be listed for north of $60 million, as previously reported. In addition to a separate, private entry from the hotel, residents will enjoy a 75-foot heated indoor pool, fitness center, child’s room, and three landscaped terraces. Contact www.thirtyparkplaza.com or 212-608-0030.

NAME30 Park PlacePRICE RANGEFrom $2,925,000 to $27,500,000
ADDRESS30 Park PlaceSIZE RANGEFrom 1,108 Sq Ft to 5,937 Sq Ft
TYPENew BuildingAVG PPSF$3,063
TOTAL UNITS157TAX ABATEMENTNo
DEVELOPERSilverstein PropertiesAVG COMMON CHARGE$0.82
BROKERCorcoranFINISHED BYmid-2016
Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.
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