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New York

Philip House at 141 East 88th Street

The Renaissance Revival residence at 141 East 88th Street was originally built in 1927 by the Rhinelander Real Estate Company, one of New York City’s first real estate dynasties. The 79-unit condo conversion has been named to pay homage to the family’s patriarch, Philip. Sales have been strong since the Cheshire Group developed building, a former rental, hit the market in September 2012. Just one unit remained on offer as of press time: a 2,738-square-foot, three-bedroom penthouse, asking $8.45 million. The ARCT Architecture-designed building has a doorman, A Landscaped Rooftop Terrace with two WiFi-enabled clubrooms, a fitness area and storage facilities. Apartment interiors have crown moldings, wide-plank oak flooring, coffered ceilings, wood-burning fireplaces, high-end appliances and bathrooms with radiant heat flooring. Contact www.philiphousenyc.com or 212-860-4188.
NAMEPhilip HousePRICE RANGE$8,450,000
ADDRESS141 East 88th StreetSIZE RANGE2,738 Sq Ft
TYPEConversionAVG PPSF$3,086
TOTAL UNITS79TAX ABATEMENTNo
DEVELOPERCheshire GroupAVG COMMON CHARGES1.01/sf
BROKERStribling Marketing AssociatesFINISHED BYComplete

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Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.