Karass Development’s 290 Mulberry Street available for lease

TRD New York /
Apr.April 30, 2012 12:00 PM

The long-awaited luxury rentals at 290 Mulberry Street are now available for lease, and Lucie Holt, a senior vice president at Citi Habitats (of “Selling New York” fame) will be the exclusive marketer for the nine-unit building, the brokerage said today.

The 12-story building, opposite the Puck Building on Houston Street, was initially conceived as a condominium with eight full-floor apartments and a shared 2,600-square-foot terrace by former owner Cardinal Real Estate Investments. It was brought to market in the spring last year. However, after mystery buyers — now revealed to be Karass Development — bought the building last December for a reported $25 million, they decided to change course and go rental.

Each unit, save for the triplex penthouse, is a full-floor three-bedroom apartment with private keyed elevators, the statement said. The three-bedroom penthouse offers 1,600 square feet of private outdoor space.

“Mulberry House offers rental residences that are unlike anything available in Soho,” Holt said. “We are able to offer tenants the privacy and exclusivity of a boutique building, all within steps of the best Soho has to offer.” — Guelda Voien


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