211 Elizabeth Street
April 20th, 2008
The box-like building of red brick located on the corner of Prince and Elizabeth Streets isn’t intended to turn heads. Instead the designers, Roman & Williams, made it a point to incorporate the building’s design into the other structures of the neighborhood. This stress on authenticity adds substance and personality to the luxury condo development that is hard to come by in an age when the futuristic look is utilized at the expense of aesthetics.
This respect for tradition is as important inside the homes as out. Designed by the same company that built the exterior’s personality, the interiors take on a pre-war ambiance that leaves a distinct mark on each unit. Nine-foot high glass doors separate the living and dining rooms, and a large wood-burning fireplace serves as the focal point of the family area. Walnut herringbone parquet flooring adds a unique charm to the units.
Historically, designers provide contrast in different rooms to separate area functions. It’s no different here. The kitchen, with dark woods and old-style hanging lights is a world away from the master bath and its sterile efficiency; walls and floors of Calacatta gold marble in the bath whisk the resident away to modern Europe, where double vanities and mirrors encourage intimacy during even the most mundane of tasks.
Each unit of 211 Elizabeth is crafted to be unique. This is especially true of the 2,189 square-foot penthouse; it is a building in its own right, sitting atop the Elizabeth structure like a sentinel. Twelve glass doors are spaced evenly across the unit, each leading to the full-length terrace. Above, there’s room to entertain with a trellised grilling area and solarium, complete with wood-burning fireplace. Finally, a hot tub and shower area can be a good place for a relaxing moment of meditation.
211 Elizabeth is located in the little-recognized Nolita neighborhood of Manhattan. Originally part of Little Italy, Nolita has evolved to become its own unique corner of New York, with trendy boutiques and restaurants, and a family-friendliness that is standard across the city.
Showings have just begun for the fifteen units of 211 Elizabeth, which is being marketed by Stribling Marketing Associates. This talented group of more than 200 brokers has been offering help to buyers and sellers since 1980. Typical one and two-bedroom units range from 785-1,820 square feet in area. The small one bed/one bath unit is $1.5 million, and the highest non-penthouse unit is $3.9 million. This is one development where the 421-A tax abatement really makes a difference in cost. For example, the monthly taxes on a two bedroom unit are $146 with the abatement and over $2,500 without. The two-bedroom, two-and-a-half-bath penthouse is listed at $6.95 million.
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