Thursday, February 11, 2021

Construction watch: 298 E. Houston St.

Yesterday, we looked at the incoming 14-story affordable housing complex at 302 E. Second St. between Avenue C and Avenue D.

One building to the west is a very different type of new residence — the luxury Houston House, now fully revealed.

Here's a refresh on the 8-story condplex — "inspired by environmentally friendly passive house standards" — via the HH website:
Interiors were designed to maximize space and natural light, and many of the units have dramatic, unobstructed views of One WTC and Lower Manhattan. Amenities include breathtaking views, part-time doorman, a state-of-the-art Butterfly Mx virtual doorman system, bicycle storage, and a package room.

Each apartment boasts private outdoor space and an array of high-end fixtures and finishes. Specific features include private keyed elevator access, gorgeous wide plank hardwood floors, triple glazed floor-to-ceiling windows with northern and southern exposure, high ceilings, Energy Recovery Ventilator Systems, Miele washers/dryers with heat-pump technology, and stunning kitchens equipped with eat-in peninsulas, statuary quartz countertops, a matching backsplash, custom Italian cabinetry, pantry space by ALTA, and a suite of fully-integrated Miele appliances.

A new East Houston landmark, Houston House is just steps from numerous parks and public gardens and a continually evolving collection of restaurants, bars, cafes, and shops. It is close to the brand new Essex Crossing development, and is a short walk to the East River Promenade...
HH features several floor-through units with either two or three bedrooms. There are four available units, per the HH website, ranging in price from $2.8 to $3 million. There's also a unit for rent at $11,000 a month.

This property was previously the Houston Street Beer Distributors (see below!). The parcel fetched a little more than $7 million in the fall of 2015, per public records.

Previously on EV Grieve:
298 E. 2nd St. latest development site up for grabs

East Village now minus 2 beverage distributors

Something brewing (demolition) for former beer distributor on East 2nd Street

[Photo from August 2016]


Anonymous said...

The East River "Promenade" will be closed for a while, so you'll need another selling point.

Anonymous said...

I still wonder who buys/rents these places at those prices. How many rich people are there and where does the money come from? I am obviously in the wrong line of work, as is everyone I know.

Anonymous said...

Seems like they are trying to enhance through words what is at best only standard stuff in condo developments.

Anonymous said...

For $11,000/month, I'd want a much, much better view.

XTC said...

@9:31- Tons of money out there both domestic and foreign. Probably a large percentage of units in Manhattan are second homes or investment properties. Corporations too buy and rent stuff. Catholic church has a 6 billion dollar real estate portfolio and they are tax exempt! They've been land rich since the 17th century.

Ronnie said...

between C and D on Houston for that price?!?

Gojira said...

Whatta buncha hooey.

Beacon, NY said...

@ 9:31 - Americans are always ranting about how dysfunctional our country is. But capitalism is always about the haves and have nots, those with and those without. Money is the only thing that matters in capitalism which affords people to acquire and prove their point.

Someone in my area up here has 3 real estate pieces in New York State. An apartment on the Upper East Side, a Victorian home north of the city and another property in Upstate NY in wine country by the Finger Lakes region. Capitalism affords people with means to do all of this, while the rest of us do not, who often are at their whim because policy makers favor the first group.

sophocles said...

@ 9:31 If you are not in real estate you are in the wrong line of work. Look at who got rich in the East Village: The working class Joes who had the foresight decades ago to buy buildings. I was born a renter in New York City so ownership was never on my radar--until the time came to leave the city I loved for so many years but could no longer afford.

Carol from East 5th Street said...

So ugly and so out of context with the neighborhood.