111 Hicks' Raw But Oh-So-Awesome New Penthouse
Talk about “Wow” factor! The co-op board at 111 Hicks Street, which, The New York Times implies, has been under some financial pressure of late, has decided to unlock some of the building’s hidden value by clearing out the former water tower storage space on the 30th floor and getting approval from the to convert…
Talk about “Wow” factor! The co-op board at 111 Hicks Street, which, The New York Times implies, has been under some financial pressure of late, has decided to unlock some of the building’s hidden value by clearing out the former water tower storage space on the 30th floor and getting approval from the to convert it into an apartment. The 66-by-53-foot space, which has 360-degree views of Manhattan and Brooklyn, is now on the market with Sotheby’s for $2,495,000 (though we couldn’t find the listing). Somebody is going to have to want a challenge to create something here, said Kevin Brown of Sotheby’s. But they will only be limited by their imagination and pocketbook. Jealous! Update: We found the listing and added another photo on the jump. Update II: Gothamist has some new exclusive pics from inside the space here.
Where the Water Tanks Were [NY Times]
Struggling Co-op Turns Utilities Floor Into Penthouse [Curbed]
Regarding the shares, this is from a commenter on Curbed:
“This is not an offer to sell the shares. The Corporation intends to apply for a “No Action†letter from the office of the New York State Attorney General and the Proposed Sale of the shares is expressly subject to the issuance of a ‘No Action†letter.”
Translation anyone?
Yes, BH, but I think post-war architecture in East Berlin was a bit nicer. And dog friendly to boot.
s/b “But 75 Henry could…”
Henry is the former Mitchell-Lama place, correct? Presumably the same architect who did post-war East Berlin.
75 Smith because I watched them build that crapfest. But 75 could go on the NOT list just for being fugly.
“clearing out the former water tower storage space on the 30th floor and getting approval from the to convert it into an apartment”
Now that’s a real “ATM withdrawal”!
***Bid half off peak comps***
75 Smith or 75 “NO DOGS ALLOWED” Henry, BH??
I wish there was a way to filter StreetEasy updates. For me it would Boerum Hill/Brooklyn Heights/Cobble Hill/ 2 bdrm XXX $$ BUT NOT 111 Hicks NOT 150 Joralemon NOT 360 Furman NOT 75 Smith.
🙂
LOL. I just got a StreetEasy email for a new FSBO listing at 111 Hicks. Asking $749k for an 1,100 square foot 2-bedroom. But for the building, that would be a great price for a 2BR in Prime Brooklyn Heights.
BH, I, too, get listings for 111 Hicks all the time. I used to look at them, and the apartments look nice, good space and layouts, but now I ignore them.