When Sara D. Roosevelt Park was dedicated in 1934, the news heralded that day as “the birth of the new the Lower East Side.” Nearly 100 years later, a brand-new Lower East Side has taken shape around the park with hip hotels, edgy dining and nightlife, and luxury condos. The most recent entrant, 175 Chrystie Street, has recently launched sales with occupancy expected for the first quarter of 2022.
An offering plan with a $59.97 million sellout price was accepted in September 2020. To that end, half-floor two-bedrooms start at $2.47 million, and a floor-through three-bedroom is listed for $5.415 million. A look at other parkfront real estate shows these coming in slightly below nearby listings. A few doors down at 165 Chrystie Street, a two-bedroom apartment is listed for $3 million. In the opposite direction, listings at 199 Chrystie Street start at $3.25 million for two-bedrooms and $6 million for three-bedrooms. Additionally, at the Herzog & de Meuron-designed 215 Chrystie Street, a two-bedroom condo above the Public Hotel is listed for $3.7 million.
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According to Bowery Boogie, the lot's owner, One Yaniv Cohen of “Acmos on Chrystie LLC" purchased the parkside site for $15M in 2014 and then brought Nexus Development on board as partners. ODA Architecture is the designer at hand, and their Lower East Side portfolio includes 165 Chrystie Street, 100 Norfolk Street, and the recently topped out 208 Delancey Street. Their design for the 10-story, 13-unit 175 Chrystie Street features two projecting volumes on the eighth and tenth floors, several terraces, and copper-colored accents set against stark white walls and expanses of glass.
↓ Many units open up to private balconies, and all interiors feature floor-to-ceiling windows with noise-mitigating glass, 7.5” wide white oak flooring, prewiring for electric shades, central air conditioning, in-unit washer/dryers, and radiant floor heating throughout.
↓ Custom kitchens come outfitted with dark walnut Cesar cabinetry, marble-topped counters and islands, Dornbacht fixtures, and Miele appliance suites.
↓ Primary baths are styled in Fior di Bosco and Sugar White marbles, and feature custom medicine cabinets, double-sink vanities, Villeroy & Boch wall-mounted toilets, and ultra-clear glass partitions.
↓ Secondary baths feature internationally sourced marble, custom medicine cabinets and vanities, and polished chrome Dornbacht fixtures.
↓ The attended lobby is supplemented by 24-hour virtual doorman service.
↓ Amenities include a package room, bike room, central laundry room, storage for purchase, and common roof terrace with grilling station and seating areas.
↓ Half-floor two-bedrooms start at $2.47 million.
↓ A full-floor three-bedroom is listed for $5.415 million.
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