In the News: Condomania

••• Marc Forgione managing partner Chris Blumlo is—along with Stephen Starr and Michael Mina—in talks about the World Financial Center’s upcoming 25,000-square-foot marketplace. Go, Chris! —Grub Street

••• “A new Tribeca condominium project at 46 Lispenard Street is slated to hit the market within two weeks, Fredrik Eklund of Prudential Douglas Elliman told The Real Deal. The eight-story cast iron property will feature 11 units, including five half-floor units and a triplex four-bedroom, four-bathroom penthouse. […] Pricing of the for-sale units will start at $2.65 million for a two-bedroom units totaling 1,920 square feet.” —The Real Deal

••• “Taconic Investment Partners and Oaktree Capital Management closed a deal Tuesday to pay $65 million for a development site on 71 Laight St. in Tribeca, where it plans to build a seven-story luxury condominium with 34 units.” That’s where the parking garage is now; the new building will mirror its neighbor on Laight. —Crain’s

••• The Art Institute of New York is leaving Beach Street (it’s currently more or less across Beach from Grandaisy): “Zeil Feldman is closing today on the loft office building at 11 Beach St. in Tribeca. So far, no pricing is available. The 10-story L-shaped building also has an address of 30-32 Varick St. and faces St. John’s Lane and therefore has great light and air.” That’s a bit of a logic leap. “The 125,000-square-foot building is primarily occupied by the Art Institute of New York City whose lease ends in December 2013. The 1910 building was last renovated in 1988. In a statement, Feldman, head of HFZ Capital, said, ‘We will deliver large, loft-style apartments containing multiple exposures and open views.'” —New York Post

••• “Repairs to the rotting Pier A will cost nearly $1.3 million more than expected as workers race to finish the project by the end of the year.” —DNAinfo

••• The issue of Design Hunting that two Loft Peeping articles came from—Kelly Black and the Zrihens—is now online. The articles are dispersed on the Design Hunting landing page, but for now they’re all easy to find. Do check out Murray Moss’s Midtown aerie. Also: I updated the photos on the two Loft Peeping articles, replacing my crappy scans with the actual images.

••• “Legislators in Albany were unable to craft a proposal giving the Hudson River Park Trust what it claimed to need: wider latitude to commercially develop the waterfront to fund necessary repairs and ongoing operations, according to Crain’s.” —Curbed (the Crain’s article is behind a paywall)


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