The Real Deal New York

New Condos: Soho
Renwick Modern at 22 Renwick Street

July 10, 2014 11:23AM

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22 Renwick Street 1

The Soho condo building Renwick Modern has put its troubled past behind it and is nearing a sell-out. The 12-story, 17-unit project at 22 Renwick Street has over the years struggled with price cuts, and faced lawsuits and foreclosure before Del Shah Capital took it over and sales picked up. As of early July, four units were still available: two three-bedrooms, ranging between 2,221- to 2,432-square-feet, asking $6.2 million and $6.5 million, respectively; and two four-bedrooms ranging between 3,400- to 5,286-square-feet for $15 million and $28 million respectively. The Renwick Modern has a distinctive entryway that incorporates surfaces of aged metal and Venetian plaster.  The apartments feature floor-to-ceiling windows with views of the Hudson River, oak flooring and high-end kitchen appliances. Designed by Philip Johnson/Alan Ritchie Architects, the building has an attended lobby, private storage, a bicycle room and a 421a tax abatement. Contact www.renwickmodern.com or 212-229-2272.

NAMERenwick ModernPRICE RANGEFrom $6,200,000 to $28,000,000
ADDRESS22 Renwick StreetSIZE RANGEFrom 2,792 Sq Ft to 5,297 Sq Ft
TYPENew buildingAVG PPSF$3,793
TOTAL UNITS17TAX ABATEMENTYes
DEVELOPERDel Shah CapitalAVG COMMON CHARGE$1.45/sf
BROKERBrown Harris Stevens SelectFINISHED BY2014
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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