building at 15 Union Square West

I cant imagine paying the $ they are asking for that location. The only appealing apts are the ones on the top floors so that you dont have all USQ staring at you when you wake up in the am. Even then, with all the tourists in that area, it would be bad news especially after paying $3k / sq ft.

I like the idea of living near Union Square. but living ON it.... not so much.

Think of the two days a week you have the greenmarket. Trucks almost at your front door.

How about getting a delivery? nightmare.

forget the issues with deliveries. the problem i smell is just that, the smell. The greenmarket fish trucks park right there between 15th and 16th and the entire area stinks all day. then at night they dump the fishy ice on the street right there allowing the smell to linger. For the price there are better buildings in better locations. The small number of units will help sales however the real hurdle remains the pricing. Take a look at 8 Union square or 8 University whichever it is. Pre lehman but that place rocked sales (matter of opinion)

And another 15 units missing from inventory as these listings were pulled.

This is actually one of the smarter buildings out there. They put the project on hold when money was getting tight in an efford to preserve the idea of the development. Sadly that doesnt move the building from Union Square

Really? Hows that work for the people who already closed in units 10 and 21? (assuming unit 1 is commercial)
There has to be some outside date they must be complete by.
#21's in contract date was from 2008 and I assume the same for #10 accounting for the ridculous price.

Greenmarket is actually four days a week: Mon-Wed-Fri-Sat

I LOVE living close by Union Square: express trains, greenmarket shopping and Barnes & Noble browsing but I don't think I'd want to live on it...
Besides the best view of the square is from Filene's....

What is going on with this development now? Seems like a large number of units are still on the market, and many of the units actually increased in price. I thought this was the most buzzed about downtown building last year, what happened?

They are most certainly still marketing it. I was on a website I frequent and saw an ad yesterday, clicked through to help the website out. Too bad for 15 USW that the iPhone doesn't support Flash....

But aren't they asking almost $2,500 - $3,000 psf, with very high common charges/taxes?

Sure.

Ya, common charge is about 1.25 psf. However, you do have to talk the pool into consideration.

I did a viewing a few months back. The building is REALLY well built, and the interior is superb as well. However, there are some fatal flaws that I think will prevent it from realizing the developer's sales target. To put it bluntly, other than the Union Square view line of apartments, everything else is utter SHIT. The duplexes on the north side of the building faces an NYU dorm (I think), and the narrow street makes it even worse. On the other side, you are facing an internal 'courtyard', and basically starring into the windows of an office building. When I was in the bedroom, an office worker actually waved at me.

That doesn't only plague the worse lines. The US view line has bedrooms facing the exact same internal 'courtyard'. Thus, you're left with apartments that are nice when you are in the living room, yet, make the owner dread returning to the bedroom. One more thing, the total square footage is greatly exaggerated, as they include the thick concrete wall surrounding the apartment, and the original Tiffany building columns actually cuts into that square footage even more.

I still love the building, but the developer needs to adjust the prices accordingly.

What does it mean when units in a building suddenly go "OFF-MARKET"? That's not the same as SOLD, right? What are the various/primary reasons for pulling units off the market?

They've just sold the commercial units for about $55,000,000 total.

Does anyone know what's going on with the penthouses? It says that they are "temporarily" off the market, are they going to market them soon?

Does anyone know what the story is with 6C. How crappy is the exposure? Is it unlivable? It's been on the market for a really long time, do you attribute that to the exposure or the inflexibility of price?

yes, but too crowded area