Saturday, June 5, 2010

"Is this the new East Village?"

The Daily News checks in with an update on Village Green, the eco-friendly condo on 11th Street and its developer, Michael Namer.

What we learned from the article:

[A]ll but two of 36 units are sold in the building that has a green roof, uses Daikin HVAC systems instead of a boiler, has a wellness center, recaptures rainwater, and counts several buyers as bona fide supermodels.

Is this the new East Village? Maybe, maybe not, but Namer and company proved that good product marketed to the right audience will find buyers, even with prices averaging $1.1 million.

And a great headline for Joe Coscarelli's post on this at Runnin' Scared:

The East Village is Finally Safe For Yuppies, Parties and the Environment

(One item I didn't note on the Daily News piece: "[Namer] throws huge parties. One is so big they have to almost close the street.")


No comments: