new this week at 260 West Broadway

 
My first New This Week entry is two floors below the first apartment I ever owned (25 years ago; but that is another story).
 
Watch for New This Week to have … new loft listings
I will keep later entries in this category in New This Week for a week or two, then remobve them from here (you will find them over in On The Market). I generally see things as “new” Manhattan loft listings when they hit the inter-firm data base service we use. This is usually a day or two later than something hitting the firms’ websites or NYTimes.com – though it is sometimes a little before it hits their websites.
 
love the American Thread Building
Unit 4G at The American Thread Building, 260 West Broadway is offered by Anne Aransaenz at Sothebys for $1.8mm, with $2,078/mo in taxes and common charges. This building was the first great condo in Tribeca, though its services have since by far surpassed in the more recent Condo Arms Race. (It has a doorman, but the “beautiful rooftop terrace” is fairly primitive, and the gym is a fairly small room on the roof.) Nonetheless, a beautiful building.
 
This space is said to be 1,450 sq ft (our floor plan says 1,420; city records say 1,334) and — as is suggested by the sheers over the windows in all the photos — it gets little direct light, thanks to the six-story hotel development next door.
 
#5G traded two years ago at $1.325mm. #4A, which was said to be “sublime renovation”, traded last May for $1.6mm. The “A” line is slightly larger (city records say 1,421 sq ft) and enjoys great southeastern light, being in the curved part of the building over the entrance.
 
I believe this was the first development project by Jonathan F. P. Rose (of one of the famous NYC real estate Rose families), who bought one or two units in the original sales. There have been many celebrities in the building over the years and the penthouse apartments retain some amazing features from when there was a textile exchange in the building, including a paneled circular dining room and a glass cupola.
 
I am pretty sure the floor plan compass orientation on the 4G listing needs to be rotated a quarter turn to the right, as the living room really faces west (over St John’s Lane) and north (into what is now the Sam Chang hotel site, but was clear sky back in the day.)
 
careful when you call for a car
Quirky American Thread Building factoid: this is one of the hardest buildings I know of to get a “black car” (car service) to pull up in front of, as West Broadway starts running north one-way here, and is one-way south across a small park. It is readily visible from 6th Av, but you cannot get in front of directly from 6th Av. It used to be a pretty sad joke giving directions to car service people who said confidently (but incorrectly) “yes, we know how to get there”.
 
© Sandy Mattingly 2007
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