Dumbo Clocktower unit knocks $7M off initial price

TRD New York /
Mar.March 05, 2013 03:30 PM

Time has not been kind to the penthouse at the Clocktower, the Two Trees Management condominium project in Dumbo. After coming on and off the market for nearly four years, the distinctive apartment is once again for sale, this time at $18 million, or a $7 million discount off its initial asking price, Curbed reported.

A new broker team of Frank Castelluccio, Aaron Lemma and Nicholas Hovsepian of the Corcoran Group is marketing the unit, Streeteasy.com shows.

As The Real Deal reported, the three-bedroom, 3.5-bathroom penthouse hit the market in 2009 for $25 million. The price slipped to $23.5 million in April 2011, then again to $19 million last year.

Michele Kleier, Sabrina Kleier Morgenstern and Samantha Kleier Forbes of Kleier Residential previously marketed the listing, which is located at 1 Main Street.

The condominium unit is a triplex, according to the most recent listing, and has four glass clock faces on each side of the living area. Ceiling height spans 16 to 50 feet and the home comes with five-inch white oak plank flooring. The home measures 6,813 square feet, according to Streeteasy. [Curbed]Zachary Kussin


Related Articles

arrow_forward_ios
49 East 10th Street and Barbara Corcoran (Credit: Google Maps and Getty Images)

Corcoran to shut down office in building partly owned by Barbara Corcoran

Corcoran to shut down office in building partly owned by Barbara Corcoran
Corcoran President & CEO Pamela Liebman (Credit: Corcoran, Getty Images)

Welcome to Queens: Corcoran opens first borough outpost

Welcome to Queens: Corcoran opens first borough outpost
Corcoran CEO & President Pamela Liebman (Credit: iStock)

Corcoran begins new lead-gen push via Facebook ads

Corcoran begins new lead-gen push via Facebook ads
Realogy CEO Ryan Schneider and SIRVA CEO Thomas Oberdorf

Judge rejects Realogy’s bid to force $400M sale of Cartus

Judge rejects Realogy’s bid to force $400M sale of Cartus
Corcoran's Pam Liebman and Bespoke's Cody and Zachary Vichinsky. Inset (clockwise from left) Zibby Schwarzman, Vera Wang, Barry Weiss, Mohammed Grimeh, and Ian Snow (Getty, Abana, Wikipedia Commons; Liebman by Sasha Maslov)

Corcoran exposes Bespoke’s little black book in Hamptons legal battle

Corcoran exposes Bespoke’s little black book in Hamptons legal battle
Quarantine Cribs

TRD Quarantine Cribs: Take a tour of Cathy Franklin’s whiskey distillery & home

TRD Quarantine Cribs: Take a tour of Cathy Franklin’s whiskey distillery & home
(Credit: iStock)

Rental concessions are on the decline, but the size of incentives is growing

Rental concessions are on the decline, but the size of incentives is growing
Realogy CEO Ryan Schneider 

Realogy’s 2019 revenue slides 3% to $5.6B

Realogy’s 2019 revenue slides 3% to $5.6B
arrow_forward_ios

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

Loading...