Six penthouses at One Hanson Place to be auctioned off

TRD New York /
Apr.April 14, 2011 12:08 PM

Six unsold penthouses at One Hanson Place, the 37-story Fort Greene tower formerly known as the Williamsburgh Savings Bank, are going to be auctioned off on May 15. According to the Wall Street Journal, the sale should net the development team Canyon-Johnson, of which basketball legend “Magic” Johnson is a partner, substantially more than $10 million. One apartment, a four-bedroom duplex unit with a 2,900-square-foot terrace was recently listed for $5.8 million, while the remaining five full-floor units were each listed for at least $3.7 million. Canyon Johnson acquired the building from HSBC Holdings in 2005, and began putting the 179 apartments on the market in 2006, and all but the aforementioned six units sold. The developers told the Journal that they wanted to unload the remaining units quickly so that they can move on. “There is no reason not to find market-clearing prices and sell these apartments,” said Maria Stamolis, a managing director with the firm. [WSJ]


Related Articles

arrow_forward_ios
From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)

Luxury real estate anyone? US Open stars and their palatial pads

Luxury real estate anyone? US Open stars and their palatial pads
Lena Dunham and 60 Broadway (Credit: Getty Images)

Lena Dunham’s “massive real estate mistake”

Lena Dunham’s “massive real estate mistake”
All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
Jennifer Lopez, Alex Rodriguez and their Malibu flip (Getty, Realtor)

J-Lo and A-Rod list Malibu beach house for $8M

J-Lo and A-Rod list Malibu beach house for $8M
Jeff Bezos and the Beverly Hills home (Getty, Realtor)

Bezos buys Beverly Hills bungalow next to his massive mansion

Bezos buys Beverly Hills bungalow next to his massive mansion
Susan Sarandon with her home at West 15th Street in Chelsea and Jeff Zucker with 32 East 64th Street (Google Maps, Getty StreetEasy)

Susan Sarandon lists Chelsea pad, Jeff Zucker finds buyer for Midtown co-op

Susan Sarandon lists Chelsea pad, Jeff Zucker finds buyer for Midtown co-op
Adam Neumann listing Bay Area “Guitar House” for $27.5M

Adam Neumann listing Bay Area “Guitar House” for $27.5M

Adam Neumann listing Bay Area “Guitar House” for $27.5M
Bon Jovi and 1075 North Ocean Boulevard (Getty, Realtor)

Bon Jovi pays $43M for oceanfront Palm Beach estate

Bon Jovi pays $43M for oceanfront Palm Beach estate
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...