The luxury market may be continuing its downward slide, but at least one super high-end condo is resonating with buyers: Four out of six units at 150 Wooster Street, the boutique Soho condo developed and designed by KUB Capital, are now in contract—including its $35 million penthouse.
The project, which has been in the works for several years, finally became a reality earlier this year when its apartments hit the market. The cheapest unit in the building has a price tag of $12.95 million—and surprisingly, it’s the only one that has yet to find a buyer, with four other high-priced lofts all going into contract within weeks of listing. Core’s Emily Beare is handling sales for the project.
The penthouse just entered contract this week, and it’s a doozy: The 6,770-square-foot pad comes with four bedrooms, 5.5 bathrooms, and a whopping 3,500 square feet of outdoor space. It’s one of the priciest listings in the neighborhood right now, sharing that honor with the penthouse at Tadao Ando’s 152 Elizabeth Street—which, coincidentally, was also priced at $35 million, and also went into contract not too long ago.
As for 150 Wooster, it topped out earlier this year, and the ground-up building—which has a cream-colored facade made of Danish brick, and fits in rather well with the surrounding historic district—is on track for completion in the not-too-distant future.