Condo of the Day: 515 5th Avenue
So far, greenbacks have been following a green development into the Slope: Most of the units at 5 One 5, an environmentally friendly condo (and former advertiser) at 515 5th Avenue, have been snapped up since the development hit the market this April. The first 10 units at the building—which has a green roof that’s…
So far, greenbacks have been following a green development into the Slope: Most of the units at 5 One 5, an environmentally friendly condo (and former advertiser) at 515 5th Avenue, have been snapped up since the development hit the market this April. The first 10 units at the building—which has a green roof that’s meant to sidestep drainage problems caused by heavy rains and also boasts more quotidian eco-happy features like bamboo flooring—are now in contract. Now the final five units in the condo (all of them on the top three floors) are also on the market, and the price tags are steeper than the $650- to $700-a-square-foot the first 10 units were asking this spring. The remaining apartments are ranging from $779,000 for a 960-square-foot two-bedroom, two-bath to $1.2 million for a 1,100-square-foot three-bedroom, two-bath. Given the speed with which the first condos sold, we’re betting the last five aren’t going to have too much trouble fetching $800+ a foot. It’ll be interesting to see whether other developers in and around the Slope (on 4th Avenue, say) take a cue from 515’s success and also start going green.
515 Fifth Avenue: The Slope Goes Green [Brownstoner] GMAP
5 One 5 Condominiums [Aguayo & Huebener]
I love Pellegrino!!!
I don’t see how drinking sparkling water equates to not caring about the environment.
Holy Pellegrino bottles, Batman! You could fill the back of an SUV.
I don’t know of a single new construction project in new york without site safety and construction violations.
Why don”t we also talk about the fact that they recieved numerous site safety and construction violations and yes the best part is that the architect is an engineer. Beware those who live in glass houses.
Our friends just bought a whole HOUSE in south slope for about 1.3million – a whole HOUSE! Yes, it needs work, but they can make it exactly as they wish, as green as they want, without trusting a developer who sanctions dressing the photo of the kitchen with all those Pellegrino bottles. This market is crazy – now that’s unsustainable!
This whole thread stinks. If this was a Scarano job looking this OUT OF SCALE AND CONTEXT you would have been all over it. Mask it in green and everyone is OK. Bullshit. Learn how to be open minded and then you might have a real Blog. BTW the facade is about as uninteresting as any I have seen and looks like the G.C. designed it and not a professional.
I have a question for the haters: have any of you ever actually had to sell quality design (be it ‘green’ or paying a few more dollars per sf for the facade) to a client?
I don’t think that there are any award winning architects on this blog commenting about how the building isn’t as green as THEY would have made it, or as contextually appropriate as THEY would have drawn it, or with as many #$% $#%$ closets as THEY would have put in it.
Stop complaining. If you don’t like the building, go get your architectural license and a design better building. Because you’re brilliant, every client will recognize your inherent brilliance and throw money at your design in the name of posterity and community.
Jerk.
Yes I’m talking to you. You know who you are.
Friends of ours just bought a whole HOUSE in the South Slope (on a better block, PS 107 and closer to the park) for just over 1.3. A whole HOUSE! Yes, it needs work but they can then choose how “green” that work will be, instead of trusting a developer who sanctions dressing the kitchen with dozens of bottles of Pellegrino. Sorry, this market is nuts – now that’s what I call unsustainable…
Friends of ours just bought a whole house in the south slope for just over 1.3. True, it needs work, but it is a HOUSE, and it’s also on a much better block since it’s in PS107 and closer to the park. And, with the work they do, they can decide themselves what “green” features they will use, instead of trusting a developer who sanctions dressing a photo of the kitchen with all those pellegrino bottles! I happen to own a condo in the slope, so I have a vested interest in the property values, but I am also looking for a house and charging 1.2 for one of these apartments seems like another sign of this crazy market – now, THAT is what I call unsustainable…