101 Warren Street Sells Out; Last Unit Ekes Out $13.2 Million
Real estate blog Curbed reported a few days ago that NYC/TriBeCa's 101 Warren Street has finally sold out, after four years, racking up $650 million in sales and becoming the "most successful condominium offering in the history of downtown Manhattan" in the process. Of the 35-story, 227-unit, the last one to sell was Skyhome 3460, a 4,518-square-foot duplex that sits in a glass box atop 101 Warren's granite facade, with uninterrupted views and wraparound terraces. According to StreetEasy, the 4-bedroom/4.5 bath condo was first listed for $15,664,000 in 2006, buying off a floorplan. It lingered, but as the building went up and the boom continued, the price inched up to $16,350,000. Then came the market's fall and with it a price cut to to $15,950,000. The unit was listed in contract in early August and sold a week later for $13,237,250, 15.5% below the original asking price and 19% off the peak price. The buyer is Maryland-based technology entrepreneur Robert Baruch and his wife, Kathy.