Brokers tour remaining units at 20 Pine Street and 75 Wall Street

August 11, 2011 05:50PM

Two Financial District condominiums, the Africa Israel-developed 20 Pine Street and the Hakimian Organization-sponsored 75 Wall Street, held a joint open house to showcase their remaining units to brokers (see photos above).

The event started at 20 Pine, which is entering its final sales stage as only about 25 of the 412 units remain on the market. Sales started in the building in January 2006, according to Streeteasy.com, and Warburg Realty serves as the exclusive marketing team. Brokers were shown unit #2503, a 706-square-foot studio asking $925,000; unit #3104, a two-bedroom, 1,573-square-foot apartment asking $2.35 million and PH12, a two-bedroom, 1,829-square-foot penthouse asking $2.8 million.

Later, brokers walked the three blocks to 75 Wall Street, took an elevator past the 18-floor Hyatt hotel at the base, to view a few of the 346 units on the remaining 24 floors. Corcoran Sunshine Marketing Group launched sales in June 2007, Streeteasy.com shows, and though as of last summer just 36 percent of the units had sold, the pace appears to have picked up as Streeteasy.com shows just 41 active sales listings in the building.

“This event revealed that the Financial District is simply the most modern residential neighborhood to live in,” said Warburg’s Deborah DeMaria. — Adam Fusfeld