welcome 8 Thomas back, slimmer

long holiday absence ends
The 2d floor at 8 Thomas Street is back on the market this morning, with a new firm and a new price. Having been marketed from September 2006 to November 2007 at $2.95mm, $2.775mm and $2.76mm, it is now priced at $2.595mm and $2,307/mo (condo) for “2,170 sq ft” through Stribling’s Sean Turner.

funny block
There are no pix or floor plan yet on the web, but the space has 17 foot ceilings, original details and “spectacular” arched windows (yes, they are). The building is an irregular beauty (24 feet in front, 21 feet in back), that is a bit of an island on its block. The lot to the west is the (largely open) rear of the 50-story rental that fronts on Duane Street (Tribeca Tower) while to the east there is a non-descript commercial building attached to the … McDonalds on Broadway at Thomas.

Not a lot of Tribeca charm on this block, just authentic grit. There’s a beautiful (cast iron?) 5-story commercial building directly across the street but a massive phone company tower also in front of this building. (I am blanking on the restaurant that used to be on the first floor here….) Between the McDonalds on the corner and the telephone mass, this loft is probably all about the interior.

This looks to be a sponsor sale, as I don’t see that this unit has sold since the condo declaration was filed in 2005.

is the developer nervous?
The 3rd floor sold in June for just over $1.9mm and is shown in city records as 2,219 sq ft (with lower ceilings than on 2?). That’s the only recorded sale since the condo dec, though it seems to have sold without a REBNY firm. The 1st floor (somehow a triplex) had been offered for sale from September 2006 to November 2007 through BHS at $2.95mm for “2,902 sq ft”, without selling. I suspect that the 1st floor will be back if the 2d floor sells soon.

© Sandy Mattingly 2007

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