For some reason, we’ve never taken a shine to the Bridgeview Tower that’s been rising at 189 Bridge Street at the foot of the Manhattan Bridge for much of the past year. And even though they’ve been trying to sell units for nine months or so, a strange marketing approach that has obfuscated the range and prices of what’s available hasn’t exactly warmed us to the project. A new broker at Douglas Elliman has recently taken over the sales effort, so we’ll see if the information flow improves. Two of the 59 units in the building just got price cuts and can be seen online. Unit 4A, a one bedroom, was just reduced from $599,000 to $539,000 and the awkwardly laid-out Unit 5D was cut from $563,795 to $529,000. We’ve got no idea how many units, if any, are in contract so far. With construction slated to be completed by year-end however, our advice to the developer would be to err on the side of transparency and flesh out the listing information on his website.
189 Bridge Street, #4A [Douglas Elliman] GMAP
189 Bridge Street, #5D [Douglas Elliman]