The Real Deal New York

Sorgente Group’s Tribeca condo conversion to launch sales

Eight lofts at 60 White Street to ask as much as $9.3 million
November 12, 2014 06:00PM

Italian development firm the Sorgente Group plans to launch sales next week at its Tribeca office-to-residential condominium conversion project at 60 White Street.

Prices of the eight lofts are slated to start at $4.6 million, Curbed reported. Each non-penthouse apartment will occupy a full floor. The penthouses are duplexes. A three-bedroom penthouse is asking $9.3 million.

Sorgente, led by Veronica Mainetti, bought three commercial cast-iron buildings at 60, 62 and 66 Street in the Tribeca East Historic District for $23 million in 2010, as previously reported. After the Landmarks Preservation Commission approved the project last year, Sorgente launched the conversion. One of the buildings will continue to hold offices.

The developer reused about 80 percent of the materials salvaged from the original structures. [Curbed]Mark Maurer