Sale at 161 Duane Street #4A

"Will set a ceiling (per sq ft) on prime tribeca in my mind."

I'm curious as to why you think that. Certainly there were more opulent conversions, no? (Perhaps 140 Franklin? Others?).

I agree with 30yrs here. Not a great building as per my post 7 months ago here:
http://www.streeteasy.com/nyc/talk/discussion/7993-tribeca-looking-for-guidance-and-opinions

divvie
about 7 months ago
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"So the Mohawk - it coulda been a contender. Despite the building being sold to Bouley many years ago and never going anywhere until he sold it to the developers a few years ago, it still wasn't late to the condo conversion party - I think units went on sale in 2004 - but it took another 3 years to complete and combination with the little 5 story building next door was botched beyond comprehension.

They combined the gorgeous and large corner building with said 5 story, rather nondescript, building on Duane by making the living area in the Mohawk building and the bedrooms in the other building. The problem was not the looks but the fact that the floors were not on the same level in each building so you had to go down a set of steps to reach the bedrooms which had ceilings which were only 8'. Split ranch? I'm not sure about burb house terminology.

Common charges and RE taxes were also high with no amenities except a doorman. That's the problem with a small number of units and a doorman. Also the building spans two tax lots, hence the high taxes."

nyc10013, didn't you get the email from SE about 166 Duane, your other favorite barometer?
http://www.streeteasy.com/nyc/talk/discussion/14192-sale-at-166-duane-street-3c
http://www.streeteasy.com/nyc/closing/917105
$1441 psf