199 State Street Revealed!
Finally some news as to what is going on at the site adjacent to Feil Hall — The Lookout Condos. From The Real Deal:
“199 State Street Alchemy Properties’ new 11-story, 46-unit building will open for sales this month, with an October 2006 move-in date. Studios measuring 677 square feet start at $470,000, while a 1,629-squarefoot three-bedroom penthouse starts at $995,000. Some of the units will have private patios, and the four penthouses will have rooftop terraces. The building will sell at about $665 a square foot, inclusive of the penthouses, the New York Post reported. That is 5 percent lower than market value, according to Alchemy Properties president Kenneth Horn.”