152 Elizabeth exterior (Renderings are by Noe & Associates and The Boundary)
Big things come in small, subtle packages when it comes to 152 Elizabeth Street. The 32,000 SF condo developed by Sumaida + Khurana rises at the corner of Elizabeth and Delancey streets in Nolita and holds some of the priciest units on the market downtown, with listing prices averaging $3,396 a foot. The 7-floor, 7-unit building is being crafted by the master of minimalism Tadao Ando— packing in understated sensibilities unique to the New York market.
Constructed of elemental materials of iron, concrete, and glass, the structure is meant to evoke contemplation and relaxation. The construction netting was removed from parts of the building revealing an elegant glass and concrete façade with steel beams delineating floors.
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Images showing 152 Elizabeth's understated details (Renderings are by Noe & Associates and The Boundary)
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"A living space should be a sanctuary," said the Japanese Pritzker Prize-winning architect. "It has to be a place where you can reflect on your life.” Each dwelling is treated as a custom home with key-operated elevators access opening into serene entry galleries. Floors are laid in Dinesen HeartOak and tailor-made kitchens feature Italian eucalyptus cabinetry and fully integrated Gaggenau appliances. Graciously proportioned bedrooms come with en-suite baths clad in Bianco Sivec marble with CEA designed fixtures. Master baths feature custom-designed stainless-steel and hardware by Gabellini Sheppard Associates.
According to our profile page on the building, three apartments are now in contract and 3 actively-listed units are spacious 2- 3- and 4-bedroom spreads. Signaling strong interest from buyers, all 3 availabilities received price hikes of +8.7%, +9.2%, and 1.4% accordingly. Nolita stands as one of the most sought-after neighborhoods in the city and median closing prices for condos are $2,376 a foot, more than double the Manhattan average. Closings and occupancy at 152 Elizabeth are anticipated fall 2017.
Construction progress at 152 Elizabeth as of early September (CItyRealty)
152 Elizabeth Street (CityRealty)
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