Chronicling historical preservation and real estate development in Manhattan.
Friday, July 6, 2007
Renewyork Applauds: New Day for Fifth Ave. Classic
The 1897 Merchant Bank of New York on Fifth Avenue (between 20th and 21st), being converted to luxury lofts, is seeing brisk sales. Glad to see folks appreciating this gorgeous Robert Maynicke landmark.
Amazing!!! Almost sold out simply by word of mouth. I wonder how much money the developer saved on not having to advertise and convince people they should live in their building? All developers should take note for these types of buildings will be truly luxury in the future. As more and more glass towers go up, people will learn to appreciate these historical structures. Restoration and preservation makes money and keeps the character of the city.
This blog is a layperson's response to the big real-estate developers encouraging newcomers to live in glass towers. We say: Live in a pre-war, the home with a soul. This is a real-estate blog with the intent of celebrating the heritage of Manhattan, encouraging awareness of preservation and development, sharing advice about what you can do as a consumer, buyer and renter, and serving as a neighborhood watch.
3 comments:
Amazing!!! Almost sold out simply by word of mouth.
I wonder how much money
the developer saved on not having
to advertise and convince people they should live in their building?
All developers should take note
for these types of buildings will
be truly luxury in the future.
As more and more glass towers go up, people will learn to appreciate
these historical structures.
Restoration and preservation makes money and keeps the character of the city.
selling for over 2,000 a square feet. Half the units sold in 10
days! They really have something going here.
Ahhhhhh... historic architecture. You know you will get incredible details (that you just do not get theses days) and a sturdy well made structure!!
Post a Comment