290 Mulberry is 90 percent complete — and for sale

Every so often we check in on 290 Mulberry at the corner of Houston, where the 12-story development seems to get wavier with each drink at Milano's.




Anyway, an EV Grieve reader passes along word that you can now own the whole shebang for $25 million. Here's the new listing at Massey Knakal:

NoLIta Development: 90% complete, 290 Mulberry Street is a newly developed 12 story building with ground floor retail and 9 lavish full floor apartments above. The building contains a dramatic 2,613SF Penthouse Triplex with 1,650SF of private terraces. This breathtaking building was designed by award winning SHOP Architects.

There is approx. 2,000 SF of GRFL retail. The 9 apartments total approx. 18,000 SF, with approx. 2,600SF of terraces. Recent retail comparables have achieved over $150 SF. Condo sales in the area have commanded a range of $1300-$2300 PSF for 2010.

The exterior is unique patterned brick panels. Amenities include radiant heat walnut flooring, Italian Schiffini kitchens, oversized sound insulated tilt and turn windows, and stone countertops. Floors 4 thru 12 have Empire State Building views. The plans call for private key locked elevators, concierge, doorman, and private storage units.

This project is perfect for a developer or end user. Estimated cost to complete is $2,000,000. 421 A in place. 290 Mulberry is directly across the street from the world famous Puck Building in the heart of NoLIta, one of Manhattan’s hottest neighborhoods

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There's a complicated history... Curbed provides a nice summation here. And perhaps the new owner can slap on a coat of paint.

Playing tag with 290 Mulberry

Continuing west on Houston... I've been keeping tabs on 290 Mulberry via in-the-know sources such as BoweryBoogie and Curbed... You've seen this wavy thing on the southeastern corner...




Here's the listing:

290 mulberry delivers award winning full floor loft residences and one spectacular penthouse by SHoP Architects. Amenities include: 24-hour doorman, private elevators, north, west and south exposures, and outdoor spaces with views from Broadway to Brooklyn. All homes feature wide-plank radiant-heat walnut flooring, central A/C, and in-unit W/D. Custom-designed interiors offer gloss white kitchens by Schiffiini with stone countertops, Miele gas cook top with fully vented hood, Sub-Zero refrigerator, Bosch dishwasher, Bosch oven, and Bosch wine cooler. Master bath has custom vanity by SHoP Architects, Vola faucets and rain showerhead, teak wood paneling, Siberian marble floors, frosted glass tile walls, and a clerestory window bringing in southern light. Expected occupancy, summer 2009.

StreetEasy has seven active listings, from $2.5 million to the $7.5 million penthouse. None of the units have been sold... and none of them are in contract...

So is this project in limbo? I don't know, but the sign out front seems telling... Does this look like a condo ready to sell some units?