Oscar de la Renta buys at Soho Mews

TRD New York /
Oct.October 01, 2010 09:00 AM

Soho Mews

In another recent coup for Soho Mews, the glitzy new condominium at 311 West Broadway whose luck appears to have turned around, famed designer Oscar de la Renta closed yesterday on a $2.4 million apartment at the Gwathmey Siegel & Associates-designed development, according to the New York Times. It’s the latest in a string of positive news for developer United American Land, which is now close to paying off its $129 million construction loan a few months prior to its maturation. The 68-unit project came on the market in 2007, but after the economy took a turn for the worse, sales slowed, buyers attempted to renege on their contracts, and prices were slashed by 12 to 15 percent. The fashion mogul, who lives on a large estate in Kent, Conn. and also has an apartment on Park Avenue, bought the two-bedroom, 1,400-square-foot loft for his son, Moises, who is also a designer, said listing brokerage East Egg Realty. It was originally listed for $2.7 million. [NYT]


Related Articles

47 Greene Street and President & CEO of Acadia Realty Trust Kenneth F. Bernstein (Credit: Google Maps)

Acadia plows ahead with $122M retail investment in Soho

WeWork leases in Soho and Flatiron could be in trouble, according to a report (Credit: iStock)

WeWork leases in Soho, Flatiron most at risk: report

From left: 47-49 Greene Street, 129 West 46th Street and 457 Broome Street (Credit: Google Maps and Meridian Investment Sales)

Here’s what the $20M-$30M NYC investment sales market looked like last week

Albert Laboz of United American Land with 430 West Broadway and 419 Broadway (Credit: Getty Images and rendering via YIMBY)

Laboz family plans 2 office developments
in Soho

Paul Manafort and 29 Howard Street (Credit: Getty Images)

Feds put Manafort’s Soho condo up for sale with $3.6M asking price

71 Greene Street with Alexander McQueen's Sarah Burton (Credit: Google Maps and Getty Images)

Alexander McQueen reveals plans for a massive new Soho location

Thor Equities takes another retail bodyblow

Thor Equities takes another retail bodyblow

Jack Dorsey’s Square might swipe space at 130 Prince Street

Jack Dorsey’s Square might swipe space at 130 Prince Street