Wednesday, November 19, 2008

The Alexander, Below The Radar, Glassing Up



The Alexander, at 250 East 49th Street seems to have gone up and sold well without much attention at all. Just a couple blocks from the U.N., this building features all the bells and whistles and the finest fixins, and according to the sign out front it is 70% sold! Considering the market and the impressive pricing at and average of $1700 per square foot, it amazing that this building hasn't attracted more attention. The one thing aside from impressive sales numbers that stands out is it's very large rounded shape which is getting glassed up as we speak. The pace of construction has also been impressive. A search on the net showed a picture on curbed from January of just a hole in the ground. These guys must have taken that 421-1 deadline pretty seriously!

4 comments:

  1. you actually believe that sign? lol...

    ReplyDelete
  2. I know that are plenty of Shenanigans with these numbers by a number of developers. Streeteasy shows 34 in contract out of 88, however there are a bunch of combos which would add up to 45 out of 88 or 51% which wouldn't be bad. Both streeteasy and the sales office say the number of units left are in the low 20's, so they would be better than 70% sold. So, I'll give them the benefit of a doubt.

    ReplyDelete
  3. NY Mortgage BrokerIf you are looking for NY Mortgage Broker as well as experienced Senior Mortgage broker approved by funding corporation in new York. Give a call on 877-729-4242 or send an email to mark@onthemarkmortgage.com.

    ReplyDelete
  4. It is 2010...all the lights are out in this building...What's the hold-up? Come on! 88% sold? Doubtful. I am sure it was just a marketing scheme.

    ReplyDelete