Monday, April 18, 2016

Rapid progress at Stei town



And along Avenue A, construction continues at a brisk pace at Steiner East Village, the name of developer Douglas Steiner's incoming residential complex between East 11th Street and East 12th Street... the future 6-story (82 unit) building is now even with the neighboring buildings on the corner of 12th Street...



Prices for the condominiums at the site the former Mary Help of Christians property start at $1.1 million. Amenities include a 24-hour lobby concierge, 50-foot long pool, spa, gym, library, playroom, parking, and lush courtyard and rooftop gardens, a horse-drawn carriage and uniformed horseman for rides through Tompkins Square Park, and an underground shooting range.

Previously on EV Grieve:
Report: Developer Douglas Steiner lands $130 million loan for EV condo construction

Douglas Steiner's church-replacing condos emerge from the pit; plus new renderings

Developer Douglas Steiner presents Steiner East Village

11 comments:

Anonymous said...

BYOGC.*


(*bring yer own glass slipper.)

NOTORIOUS said...

BYOCS*

Bring your own cash spoil

Anonymous said...

It is going to be a noisy summer with never ending construction around upper Ave A. Stei town looks to be finished before the disastrous Extel strip on 14th Street. This use to be such a quiet neighborhood.....

Anonymous said...

Conveniently located near the basically abandoned Empire Biscuit. But don't worry, they'll re-open, some day.

Anonymous said...

So not only are these condos expensive, but I think they're blatantly lying about the square footage of the units. For example, look at 4S, the $1.685MM 1 Bed, 1 Bath. It's listed at 934 sq ft. The apartment is pretty much a rectangle, so we can sum up the dimensions on both sides to get a pretty good approximation. The apartment is listed as 22ft, 6" wide (let's be generous and call it 23ft), and about 37ft long, assuming the front powder room is 7ft wide - which is very generous. That gives us 851 sq ft, which is 83 sq ft smaller than what's being advertised - nearly 10%.

I don't know if they're measuring from the studs, the outside of the brick, or from the backsides of the next-door neighbor's drywall, but in my opinion, this is quite blatant false advertising.

I can understand when a homeowner is off by a bit, he doesn't have architectural drawings or maybe even floorplans. The developer has no such excuse.

Anonymous said...

What do we all think about the development over on 14th between A and B? It seems like nothing is happening over there. C'mon, predatory equity, slap up your fiberglass shitshows so I can get a buyout already.

Anonymous said...

Walking distance to all the dessert places -- cupcakes (a market!), froyos, bubble tea, thai rolled ice cream!, and in the heart of a vibrant nightlife (bars! wooo000!) and lively eateries (née restaurants) scene -- Michelin starred and lead by a celebrity chef! AND! not tom be marred by all these nice things, limited-edition and designer bagels!
Embrace change! Progress!

Anonymous said...

Good job, Grieve, with "Stei Town." Love it. (that's all I love about this development - plus, hey, they kept the public school standing!)

Anonymous said...

A real estate developer lie? NO WAY! You mean like making it 6 stories after being approved for only 5? Who is going to buy these? The market has to be saturating unless it's Russians, Chinese, Saudis?

Anonymous said...

It's hilarious that people are so obsessed with Empire Biscuit.

Brian said...

Yes, seems they are off by 10% in their favor on the sf measurements when compared to the floorplan. This is the typical practice in NYC though. It is bs, never believe the interior square footage that a real eatate agent or r.e. docs give you. Always measure and calculate yourself if you want real number. The floorplan is correct, just the sf calculation is wrong.