250 West Street Condominium
The sponsor(s) filed plans on 01/27/11 for a condo project at 250 West Street. The sponsor(s) were approved to market the units for sale on 07/05/11. TRData has determined that the sponsor(s) have sold more than 80 percent of the sponsor units in the building.
- Address 250 West St
- neighborhood Tribeca
- borough Manhattan
- owner ELAD GROUP
- developer ELAD GROUP
- owner entity PINKUSIEWICZ, TOMER, ZERUNEITH, JULIE
- architect Francis Pisani Architect
- sales/marketing Town Residential
- PLANS DISCLOSED 06/09/2009
- DOB FILE PLANS 06/09/2009
- DOB FILE Link
- LIST/LAUNCH SALES 07/05/2011
- height in feet 158
- floors 11
- AG Initial Price $ 349,576,500
- ag file plans 01/27/2011
- AG FILE Link
- residential units 44
- commercial units 0
- hotel units 0
- total units 166
- square feet 298,365
- const. status CONDO COMPLETE
- block and lot 1-00217-7503
- BIN 1002814
Condominium Units+
UNIT# | BLOCK & LOT | PURCHASE PRICE | OWNER | SELLER | PROPERTY TYPE | SQUARE FEET | PURCHASE DATE | OWNER ENTITY | SELLER ENTITY |
---|---|---|---|---|---|---|---|---|---|
10E | 1002171290 | $4,000,000 | Hagen, Daniel C; Hagen, Lynn M | Masucci, Andrew T; Masucci, Janet M | D4 - Elevator Cooperative | 1888 | 05/08/2015 | ||
2J | 1002171215 | The Board Of Managers Of The 250 West Condominium | D4 - Elevator Cooperative | 1211 | |||||
3C | 1002171219 | Tolkin, Ariella | D4 - Elevator Cooperative | 2322 | |||||
3D | 1002171220 | D4 - Elevator Cooperative | 2505 | Namiri River LLC | |||||
3L | 1002171227 | Engel-Stein U. Grun-Berger Gmbh | D4 - Elevator Cooperative | 1636 | |||||
4K | 1002171237 | D4 - Elevator Cooperative | 1035 | Kensington Park 250 LLC | |||||
6H | 1002171256 | Epstein, Brett | D4 - Elevator Cooperative | 1884 | |||||
7E | 1002171263 | Scott, Alexandra; Scott, James M | D4 - Elevator Cooperative | 1888 | |||||
8A | 1002171269 | Jhamb, Arti; Jhamb, Pankaj | D4 - Elevator Cooperative | 4101 | |||||
8H | 1002171275 | D4 - Elevator Cooperative | 1884 | 250 West 8H LLC |
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- Event Retail Leasing
- Address 32 Hubert Street
- Neighborhood Tribeca
- Borough Manhattan
- Square feet 1,550
- Publication Date 10/30/2010
- Event Date 09/20/2010
- Party 1 Rocco Basile, Basile Builders
- Party 1 Brokerage Sinvin Real Estate
- Party 1 Broker Roxanne Betesh
- Party 2 Lole
- Party 2 Brokerage Sinvin Real Estate
- Party 2 Broker Roxanne Betesh
notes
The fashion company signed a three-year retail lease with a five-year option. The reported asking rent was about $93 per square foot.
- Event Office Leasing
- Address 250 West Street
- Neighborhood Tribeca
- Borough Manhattan
- Square feet 27,000
- Publication Date 07/01/2008
- Event Date 05/22/2008
- Party 1 Jack Resnick & Sons
- Party 1 Brokerage Jack Resnick & Sons
- Party 1 Broker Dennis Brady, Jonathan Dean
- Party 2 Lieff Cabraser Heimann & Bernstein
notes
The law firm signed a 10-year lease for the entire eighth floor. The company is relocating from 780 Third Avenue.
- Event Sales
- Address 250 West Street
- Neighborhood Tribeca
- Borough Manhattan
- Square feet 300,000
- Price $ 201,000,000
- Price per foot $ 670.00
- Publication Date 01/01/2008
- Event Date 11/22/2007
- Party 1 Elad Group
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Richard Baxter, Ron Cohen, Scott Latham, Jon Caplan
- Party 2 Coalco
notes
The property sold for $201 million. The Russian developer, led by Vassily Anisimov, could convert the building to residential use. Elad paid $142 million to Citigroup for the property in June 2006.
- Event Sales
- Address 250 West Street
- Neighborhood Tribeca
- Borough Manhattan
- Square feet 371,000
- Price $ 142,000,000
- Price per foot $ 382.75
- Publication Date 07/01/2006
- Event Date 05/22/2006
- Party 1 Citigroup
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Scott Latham, Jon Caplan, Richard Baxter, Ron Cohen
- Party 2 Elad Properties
notes
The building is under contract for $142 million and the transaction is expected to conclude this summer. The property, which was built in 1910, will likely be leased back to Citigroup for two years as Elad draws up plans to convert the property into high-end residential condominiums.