250 West Street in Tribeca Reaches 70 Percent Sold
El Ad’s Premier Tribeca Condominium a Resounding Success
NEW YORK – 250 West Street in Tribeca, a collection of 106 spacious condominium residences, is now 70 percent sold since sales launched in late summer 2011, announced Thomas Elliott, Executive Vice President at developer El Ad US Holding, Inc. Closings are expected to commence in the last quarter of 2012.
“250 West Street is continuing to attract buyers who are drawn to the exceptionally large residences and amenity spaces,” states Ariana Meyerson, Managing Director at Cantor & Pecorella, the exclusive sales and marketing agent for the building. “Demand has been strong for all apartment types, from open lofts to huge four-bedroom homes, and sales have increased each month since January.”
The residences encompass over 30 different layouts, each with exceptional light, ceilings up to 13 feet, sweeping views and generous living, entertaining and family spaces. One-bedroom apartments are 1,211 to 1,636 square feet, two bedrooms are from 1,884 to 2,326 square feet, and three to four bedrooms range from 2,000 to over 4,800 square feet.
According to Thomas Elliott: “Tribeca is popular with families and people in the financial industry who work Downtown, as well as a broad cross-section of New Yorkers and out-of-town buyers. 250 West Street in particular is benefitting from a limited supply of quality inventory currently on the market throughout Manhattan, and especially in Tribeca.”
Designed by Gal Nauer Architects, 250 West Street includes a magnificent lobby with 24-hour concierge service, and a private library lounge with 13-foot ceilings. The two-level amenities area features a 61-foot pool decorated with mosaic wall tiles, sauna and state-of-the-art fitness center. The breathtaking 5,000-square-foot landscaped rooftop with a sundeck, lounge and dining area offers panoramic vistas of the city including protected views of the Hudson River, Statue of Liberty and the Uptown and Downtown skyline.
The 1906 restored Neo-Italianate building has two grand entryways with 10-foot iron gates. A newly constructed 7,000-square-foot penthouse includes its own private drive in entryway, lobby and elevator, along with more than 4,300 square feet of wraparound outdoor space overlooking the Hudson River and with extraordinary cityscape views.
Buyers have also been drawn to 250 West Street’s prime location across from Hudson River Park’s newly completed Pier 25 in Tribeca, which offers a wide range of outdoor activities including a landscaped waterfront esplanade and lawn, miniature golf course, beach volleyball courts, a skate park, children’s playground, water taxi dock, and a berth for historic ships. Next door, Pier 26 will feature a community boathouse, waterside café and estuarium.