The sponsors of the planned 10-story condominium apartment building at 40 Bond Street have raised their prices and the offering now totals $191,975,000, an increase of $31,325,000.
The project will have 5 townhouse units with 22-foot-high living rooms and 27 apartments and is being designed by Herzog & de Meuron and Handel Architects LLP for 40 Bond Street Partners LLC of which Ian Schrager, Aby Rosen and Michael Fuchs are principals.
The building will have a two-story-high lobby that leads to a common garden in the rear and a fitness center in the basement.
Herzog & de Meuron are most famous for their redesign of a powerplant in London into the Tate Modern Museum, their plans for the main stadium for the Olympic Games in Beijing, China, a twisting structure for the de Young Museum in San Francisco and the multi-faceted Prada Aoyama building in Tokyo.
According to a December 8, 2005 amendment filed with the New York State Attorney General's office, the townhouse units will range in price from $6,975,000 for about 2,881 square feet of interior space and about 570 square feet of exterior space to $9,450,000 for 3,739 square feet of interior space and 1,138 square feet of exterior space.
The apartments will have 11-foot-high ceilings and range from about $3,350,000 for a 1,269-square-foot unit on the fourth floor to $11,500,000 for an eighth floor apartment with 3,288 square feet of interior space and 1,342 square feet of exterior space.
The penthouse has 6,626 square feet of interior space and 3,529 square feet of exterior space and a price tag of $18.5 million and Mr. Schrager has previously indicated that he is "taking the penthouse."
Renderings of the project have not yet been officially released. Early versions seen by CityRealty.com indicate that the building will be extremely attractive and very interesting.
The project will have 5 townhouse units with 22-foot-high living rooms and 27 apartments and is being designed by Herzog & de Meuron and Handel Architects LLP for 40 Bond Street Partners LLC of which Ian Schrager, Aby Rosen and Michael Fuchs are principals.
The building will have a two-story-high lobby that leads to a common garden in the rear and a fitness center in the basement.
Herzog & de Meuron are most famous for their redesign of a powerplant in London into the Tate Modern Museum, their plans for the main stadium for the Olympic Games in Beijing, China, a twisting structure for the de Young Museum in San Francisco and the multi-faceted Prada Aoyama building in Tokyo.
According to a December 8, 2005 amendment filed with the New York State Attorney General's office, the townhouse units will range in price from $6,975,000 for about 2,881 square feet of interior space and about 570 square feet of exterior space to $9,450,000 for 3,739 square feet of interior space and 1,138 square feet of exterior space.
The apartments will have 11-foot-high ceilings and range from about $3,350,000 for a 1,269-square-foot unit on the fourth floor to $11,500,000 for an eighth floor apartment with 3,288 square feet of interior space and 1,342 square feet of exterior space.
The penthouse has 6,626 square feet of interior space and 3,529 square feet of exterior space and a price tag of $18.5 million and Mr. Schrager has previously indicated that he is "taking the penthouse."
Renderings of the project have not yet been officially released. Early versions seen by CityRealty.com indicate that the building will be extremely attractive and very interesting.
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.
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