Category — Co-op Lofts

Ad agency photographer Ira Lerner just sold his Soho penthouse loft at 55 Greene Street for $2.95 million.

The buyer is Stanislaus Nicholas Poniatowski

Multiple reductions in price occurred after the loft first hit the market in April 2009 for an asking price of $3,995,000. A 25% price drop on a $4 million loft is incredible, but also not surprising in today’s market.

Prudential Elliman broker Patty LaRocco had the exclusive.

The co-op apartment is located in the historic Gunther Building at 55 Greene Street.

The 2,600 sq. ft. 5-room loft has a corner view overlooking Greene and Broome Streets. Here you can see the loft’s 2 skylights in the northeast corner of 55 Greene Street’s 6,000 sq. ft. spectacular common roof deck for shareholders:

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The cavernous space has 17-foot high ceilings, living room and common area that is wonderful for entertaining, and located in a top-notch building.

The huge space receives light from the north, east, and partially from the west.

Here is a look at prices, current and former shareholders at 55 Greene Street:

• Lenny Kravitz and ex-wife Lisa Bonet formerly lived in the building when they bought in 1989
• Daniel Wheeler of Dimension Fund Advisors paid $2.5 million for a 4th floor loft in 2007
• Architects Beyhan Karahan and Jon Michael Schwarting bought a loft in the building in 1994. Karahan’s firm did architectural restoration of the building’s facade.

Floor plan and interior credits: Prudential Elliman

An unusually shaped 1,400 sq. ft. pre-war duplex co-op apartment at 29 East 9th Street just sold for $2,000,000, a little more than a 10% reduction off of the original $2,251,000 listing price when the 1 bedroom first hit the market last May.

The seller was the architecture and design critic Charles Gandee. He is a former Vogue editor who contributed pieces to The New York Times Magazine, Architectural Record, and Travel & Leisure.

According to Salon, Gandee secured a Conde Naste-backed mortgage “when he was just an editor at large” at the publisher’s now defunct House & Garden magazine. An inspection of New York City public records confirms this, including multiple filings listing Conde Naste as a secured creditor during portions of his nearly 18-year residence there.

The buyers are author Philip Galanes and his partner, the swanky architect Michael Haverland.

The co-op is drenched in sunlight streaming in from the south through floor-to-ceiling windows in the 18-foot high living room. Monthly maintenance on the 5-room, 1 bedroom, 1 bath apartment is $2,581. The pre-war elevator building has a doorman, a common outdoor space, and — alas — a communal laundry room, not a private washer and dryer in the apartment.

The apartment has several tiny balconies that are just too cute; perfect for growing your own tomatoes or sunflowers.

Prudential Elliman brokers Dee Simonson and Mary Anne Cotter had the listing on the apartment, selling it in 7 weeks.

An enormous 2,400 sq. ft. co-op loft at 135 West 17th Street in Chelsea just sold for $2.15 million, $300,000 less than the original $2.45 million asking price when the apartment first went on the market last September.

To date, this is the highest price on record ever paid for a cooperative apartment in the building. Prior to this closing, a sixth floor loft sold for $1,445,000 in September 2009 after selling for $1,185,000 just two years earlier.

The seller was a trust established by the late New York City artist Joanne Lowenthal.

Prudential Elliman brokers Jason Amirian and Jason Karadus had the listing.

Like many Chelsea lofts, this apartments is railroad shaped. It is a light, open unit complete with a modern stainless steel loft kitchen, gorgeous refinished oak floors, and a perfect entertaining and work space spanning nearly the entire length of the apartment.

A 4th floor Chelsea loft at 135 West 17th St. just sold for $2.1 million

The apartment includes a washer and dryer (of course), an elegant master bath, and a nicely configured home office workspace in a windowed corner. Monthly maintenance is $2,355.

The building is close to transportation, located between 6th and 7th Avenues. Thrift shops abound on this West 17th block: the Chelsea Housing Works Shop and the Angel Street Thrift Shop are right outside the door.