FiDi unit relists with massive maintenance fee

The $3.9M unit is asking an extra $4,000 a month

New York /
Sep.September 21, 2013 10:00 AM

A 4,400-square-foot apartment in the Financial District is back on the market asking $3.9 million. But buyers beware, the unit in the Liberty Tower at 55 Liberty Street comes with an incredible $12,257 a month maintenance fee attached.

That is more than six figures a year in maintenance fees for a triplex apartment that admittedly has high ceilings and great views, but apparently no butler.

Just last year, the apartment listed with Warburg Realty’s Deborah Lupard and Andrew Feiwel for $2.68 million with a $7,995 maintenance fee. Then earlier this year it relisted with Douglas Elliman for $2.8 million with the same nearly $8,000 per month fee, according to Curbed.

Now the apartment is listed with an Elliman team consisting of Raymond Dillulio, Lisa Interdonato, Fredrik Eklund and John Gomes. So what accounts for the sudden maintenance hike? According to the listing, the previous fee had been a $3,623.50 per month owner incentive intended to last three years. However, as the market has become more competitive, the owner seems to no longer be worried about offering discounts. [Curbed]Christopher Cameron


Related Articles

arrow_forward_ios
Silverstein leashes BarkBox for 52K sf at 120 Broadway
Silverstein leashes Bark for 52K sf at 120 Broadway
Silverstein leashes Bark for 52K sf at 120 Broadway
Broad Street Development, Invesco refi 80 Broad for $150M
Broad Street Development, Invesco refi 80 Broad for $150M
Broad Street Development, Invesco refi 80 Broad for $150M
Daniel Boulud and the Beekman Hotel (Getty, GKV Architects)
Daniel Boulud replacing iconic Augustine with new French bistro
Daniel Boulud replacing iconic Augustine with new French bistro
WhyHotel opening living space at Rudin’s 110 Wall Street
WhyHotel opening living space at Rudin’s 110 Wall Street
WhyHotel opening living space at Rudin’s 110 Wall Street
Ron Burkle’s $155M play on Wall Street: American Stock Exchange HQ
Ron Burkle’s $155M play on Wall Street: American Stock Exchange HQ
Ron Burkle’s $155M play on Wall Street: American Stock Exchange HQ
195 Broadway in Manhattan NYC, Orchard Technologies CEO Court Cunningham and L&L Holding Company CEO David Levinson (Google Maps, Orchard, L&L)
Orchard Technologies leases 107K sf at L&L’s 195 Broadway
Orchard Technologies leases 107K sf at L&L’s 195 Broadway
Clay Grubb (Glen Lennox, Getty)
Grubb Properties tests affordable housing model in NYC
Grubb Properties tests affordable housing model in NYC
Vanbarton pitches Financial District office tower as resi conversion
Vanbarton pitches Financial District office tower as resi conversion
Vanbarton pitches Financial District office tower as resi conversion
arrow_forward_ios

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

Loading...