The Real Deal New York

New Condos: Tribeca
The Sterling Mason at 71 Laight Street

July 10, 2014 11:18AM

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71 Laight Street 1

The Sterling Mason at 71 Laight Street in Tribeca is a condo conversion of a circa 1906 brick warehouse, which was once a storage facility for coffee and tea. It also features a new adjacent building with an aluminum façade. As of April, five units in the seven-story, 33-unit Taconic Investment Partners-developed residence were still on offer and 17 were in contract. The available homes range from a 2,042-square-foot two-bedroom, asking $3.995 million, to a 5,620-square-foot six-bedroom penthouse, listed for $23 million. The loft apartments feature interiors by Gachot, custom walnut cabinetry by Henrybuilt, slab marble countertops and special-edition Lefroy Brooks soaking tubs. The building has a doorman, a concierge, porters, a children’s playroom, a fitness room and, unusual for the neighborhood, underground parking. Morris Adjmi Architects oversaw the conversion. Contact www.thesterlingmason.com or 212-674-7171.

NAMEThe Sterling MasonPRICE RANGEFrom $3,995,000 to $23,000,000
ADDRESS71 Laight StreetSIZE RANGEFrom 2,042 Sq Ft to 5,620 Sq Ft
TYPEConversionAVG PPSF$2,711
TOTAL UNITS33TAX ABATEMENTNo
DEVELOPERTaconic Investment PartnersAVG COMMON CHARGE$1.65/sf
BROKERDouglas Elliman Development MarketingFINISHED 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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