Noho development reaches for classy status
January 04, 2008 11:11AM
By Lauren Elkies
52 East 4th Street
The developer of a small Andres Escobar-designed Noho building is offering buyers amenities typically reserved for larger condominiums – minus a gym and full-time doorman.
The 14-unit building at 52 East 4th Street and the Bowery will feature an outdoor swimming pool and deck, parking garage, an electric, gated driveway and a part-time doorman, said Michael Bolla, the marketing and sales agent for the project.
"It's only 14 units and it has the top finishes of everything," Bolla, the founder and director of sales for Luxury Lofts and Homes, said. The interiors will be comparable to Ian Schrager's luxurious 40 Bond, designed by Herzog & de Meuron, Bolla added.
A 32,000-square-foot, 22-story skinny building that ascends 220 feet, 52 East 4th Street will have retail, most likely a gallery, on the first three stories amounting to 16,000 square feet.
On floors four through 15, there will be one studio with terrace, three one-bedrooms, one two-bedroom with wrap-around terrace, and nine, two-bedroom, 2.5-baths, one with private, rooftop outdoor space. The developer, HK Organization, is using the floors above to accommodate 13- to 14-foot ceilings in the apartments.
Prices range from $795,000 to $4.7 million, averaging $1,830.57 a square foot. The three garage spots cost $175,000 each.
Marketing and sales start Monday and Bolla expects a fall move-in date.
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Comments
Neo
I've seen this project and it's awesome. The units are a bit narrow for that price range, but the quality is solid.
Comment #1 Posted By: Neo 01/04/08
Mike
You can buy a 3 bedroom, two floor home in the Outskirts of Baltimore for the price of garage in NYC. I love this city.
Comment #2 Posted By: Mike 01/04/08
Anonymous
I know Mike Bolla's projects very well. He does good stuff. Edgy stuff. That's why our firm never has a problem lending him money.
Comment #3 Posted By: Anonymous 01/04/08
ANONYMOUS
I have seen other HK projects and based upon what I have read and seen from the Brookyln projects they have done, I for one would look elswhere to buy anything from these guys. If you dont believe me, just google the sponsors, Harry Kotowitz and Howard Klaus and the HK Organization. In the end, its Buyer be Careful!
Comment #4 Posted By: ANONYMOUS 01/06/08
Anoninymous
Dear Anonymous, Mike Bolla is a sales agent, he has nothing to do with the project other than try to sell some narrow overpriced bowery reinvented noho project. I can't believe you said you lend him money, since he is nothing but a slesperson! either you dont know what your talking about or you work for Bolla!
Comment #5 Posted By: Anoninymous 01/06/08
Anon
Harry Kotowitz & Klaus brooklyn broadway job Scarano job lots of lawsuit, dumbo haz mat, lots of bad things from these bozos
Comment #6 Posted By: Anon 01/08/08
Bouyaka
Crap! Who wants to live in a home that they can touch on both sides if they stretch their arms out
Comment #7 Posted By: Bouyaka 01/11/08
Anonymous
Klaus & Kotowitz BOZOS can't build anything right wantabe builders & gangsters just two fools tring to steel your money
Comment #8 Posted By: Anonymous 02/26/08