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Prices set at TriBeCa Summit
By Carter Horsley   |   From Archives Tuesday, October 25, 2005
TriBeCa Summit, the very handsome former commercial loft building at 415 Greenwich Street, has set initial prices for its 66 residential condominiums that are expected to be ready for occupancy late next summer.

The building, which is in a landmark district, will have seven "bay houses" that will range in size from 3,500 to 4,300 square feet and are expected to sell for $3,000,000 to $4,000,000. These units will have sidewalk terraces with six-step-up entrances and a glass canopy over the terraces, which are modern interpretations of the traditional truck loading bays of older commercial properties.

The building will also have 53 loft-style apartments that are expected to be listed at $2,000,000 to $3,000,000 and six duplex penthouses with wood-burning fireplaces and terraces that are expected to range in price from $4,000,000 to $6,000,000.

The building was designed by Victor A. Bark and completed in 1913. It will have a concierge, a garage, a landscaped sundeck, a fitness center and a children's play area. All units will have flexible layouts, bamboo floors, Sub-Zero refrigerators, Bosch dishwashers, Kohler soaking tubs, marble bathroom vanities with teak cabinets, and Viking cooktops.

A former warehouse, it was converted into offices in 2000 by the Globix Corporation, an Internet access company that two years later filed for bankruptcy protection. It was subsequently acquired for about $60 million by a partnership headed by Ethan C. Eldon and Joel J. Silver.

It has a prime TriBeCa location and is located between Hubert, Collister and Laight Streets and is catty-corner to the large and impressive office complex at 388 Greenwich Street.

A major feature of TriBeCa Summit is that it will have three atriums, two designed by Thomas Balsey, the landscape architect. Anthony Morali is the concept architect for the project and H. Thomas O'Hara Jr. is the project architect.
Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.