Foreign buyers swoop in at 34 Greene

TRD New York /
Jan.January 14, 2010 03:07 PM
34 Greene Street and Sorgente’s Veronica Mainetti

Sales launched recently at the Sorgente Group’s 34 Greene Street, a new seven-unit Soho condo with plenty of elegant touches, and foreign buyers have since been paying it a lot of attention. Sorgente, which purchased the Flatiron Building last year and has been rumored to be zeroing in on the Woolworth Building, acquired 34 Greene in 2007. “Initially, it was primarily Europeans [looking for] a pied-a-terre,” said Jason Karadus of Prudential Douglas Elliman, who is the listing broker. “Europeans are less interested in things like a spa, a concierge and cold storage, and a lot of bells and whistles. They want something a little more quintessentially New York.” The condo may not have fancy amenities, but it does have a 5,000-square-foot duplex penthouse with 15-foot ceilings and 2,200 square feet of private outdoor space — which has been readied for the installation of a swimming pool. The penthouse is listed at $13.75 million and has already received a $10 million all-cash offer, which Sorgente’s Veronica Mainetti turned down. Downstairs, a European buyer has already snapped up a two-bedroom, 1,997-square-foot unit. It is in contract for about $4 million. [Post]

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