Zeckendorf Development and Atlas Capital Group now anticipate that their new ultraluxury tower, 80 Clarkson Street, will have a projected sellout of $2.2 billion, after raising the prices on almost two dozen pads.
The developers updated the sellout for the two-tower project, one of the market’s buzziest yet highly secretive new developments, in October, tweaking the prices on 23 units to tack on another $24 million to the total sellout, according to an offering plan amendment filed with the New York State Attorney General’s office.
Overall, the development will have 112 residential condos and 18 suites, which are all studios. There also is a manager’s unit. So far, in total, 107 residential condos, including many suite units, have been priced. The firms have not released pricing on any more units since August, when they provided prices for 13 more condos and adjusted the prices on two others.
The $2.2 billion sellout for the building includes parking, storage units and wine cellars. So far, the residential portion comes out to $2.09 billion, with an average price per square foot of more than $5,500.
However, pricing for 24 residential units, including two penthouses, and a retail condo has yet to be set.
The 13 units that were priced in August have a total sellout of $129 million and an average price per square foot of about $4,200. They range in size from suite 9D in the South tower, spanning 513 square feet, to unit 9E in the West tower, measuring about 4,300 square feet. The priciest of this cohort is unit 17D in the West tower, coming in at $22.5 million or about $6,400 per square foot.
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The complex’s priciest unit is a duplex penthouse in the development’s West tower, clocking in at $80 million. That unit, the second-largest in the development, has four bedrooms and six bedrooms. It measures more than 7,100 square feet and has another 921 square feet of terrace space. Its estimated price per square foot is more than $11,200.
The West Village development also has 104 storage lockers, which have a projected sellout of just under $18 million. The highest-priced locker is No. 46, which spans 106 square feet and has an offering price of $425,000.
There are also 48 wine cellars up for grabs. A 155-square-foot cellar dubbed “Private Wine North” is worth $1 million. The estimated sellout for the wine cellars is just under $7 million.
Finally, the development has 105 parking spaces — all priced at $750,000 for a projected sellout of $78.9 million.
The development, which is situated along the Hudson River waterfront, made headlines last week when The Real Deal reported that the developers snagged a $129 million contract at the property for multiple units.
It’s unclear which units are in contract with the buyer, who is also unknown. The largest unit in the building is unit 30, which spans almost 7,400 square feet and has five bedrooms, seven bathrooms and some-600 square feet of outdoor space. Its offering price of $75 million — about $10,200 per square foot — is the second highest after the duplex penthouse.
Sales at the project quietly launched earlier this year, with Dan Tubb and Amy Williamson of Zeckendorf Marketing leading sales. The pair has been mum about the development’s progress so far.