Glass Spire

Pre-gentrification, it was known as Super FLY.

"Hi-Fi",walpurgis.

They are actually very in line for East Harlem! WTF are you talking about? Note also they SC #s deceptively include outdoor space in the totals. Do interior SF calc and you see PPSF is the same as other similar buildings btw east 100-125th.

This building doesn't seem to be ready for sale actually.
I went for an open house listed on StreetEasy on Oct 21st
- Nobody showed up except someone willing to attend to the open house as well.
- We tried to ring the office via intercom. No answer
- There was a sign with a number. We called and the person was unaware of any planned open house for this building
- From the outside, it looks still under construction
- The agent listed on street easy doesn't answer to messages
- The website associated with the building on streeteasy (http://lexingtonhillcondo.com/) is a blank page

Rey Sun Realty owns this building. There office is located at 207 Bowery Street. Sun Sun Group also has there office at this location. Forsyth Construction is the construction company that was hired to complete this building. Sun Sun Group also owns Forsyth Construction. They have built a few buildings in NY. They built a building over in Flushing Queens called the Prince Towers and another in Williamsburg Brooklyn off Keap Street (27 units plus commercial). Gilman architects is the firm that designed both projects (Lexington Hill and the building over in Williamsburg), but Chin Architects completed the building and are responsible for sign offs. The building owners have suspended sales. Not sure what that's all about. The building only has 1 elevator for 42 apartments. That's a problem! Hopefully Super Fi Emporium offers free delivery should the elevator ever break down. Prices seem high for the neighborhood. Prices in East Harlem range from 525/sq ft to 625/sq ft.

emailed listing agent. no response. Seems kind of shady.

Can't find much information on the developer. If Chinese contractors, would need to make sure if they cut corners on the material....

What do you think of this table?

http://realestate.nytimes.com/community/manhattanMarketData.aspx

I'm assuming that the owners took the building off the market because of a code violation or something that was terribly wrong on pre-sale inspection. From last discussion with the realtor (6 weeks ago), they were 30% in contract however a few weeks after that the realtor disappeared off the face of the earth, not answering emails, nor returning phone calls. They also removed the banners with contact numbers/email etc from the building. Has anyone heard anything at all about this building? I agree about the Chinese contractors. The materials that they used for the fixtures were not the best and looked cheap. Thus, the theory about the code violation on inspection.

There are no code violations with the building. There are two problems with the building. Problem 1) Apartments were priced too high and were not able to get sold. Many offers we're made, but no offers were made anywhere near asking price. Broker was not able to convince building owner to lower prices on units therefore he walked away from this project. Problem 2) Building gas has yet to be installed. Building is awaiting gas to be installed by Con Edison as well as fire alarm inspection. Owners will be renting units once they have received CO for building.

any new information on this? open house is for this weekend, but more overly price than before. checked their website and most 1 bedrooms are under contract now.

it seems that they took the top market ~ $650 psf to get to the asking price.
does this building even have amentities?

does anyone have any additional information on this project
open house this weekend and prices are higher than with the last developer. any opinions/recommendations on this in terms of psf or reasonable ball park figures of what this area / units should go for?

open house this coming weekend - anyone have any additional information on this development?
prices seem to be absurdly inflated however.
anyone have an idea of what the psf should be considering this building has no amenities?

What a dump. This kitchen photo says it all: http://img.streeteasy.com/nyc/image/45/40156845.jpg

You're supposed to eat at that counter, with nowhere to put your feet. When the view of the refrigerator pales, you can look at where the paint is globbed all over the kitchen cabinets.

I dealt with this broker on the property management side. The experience of the broker "disappearing from the face of the earth" is exactly the same thing our condo dealt with when they managed our building. Needless to say, we didn't keep them around.

semerun are you talking about citadel or the original developer?

i went by today just to have a look, seems to be ok from the outside, will take a look tomorrow and the inside.

based on the available inventory on the area, this place seems way over priced.

I am referring to Citadel- sorry, I don't know if this was the original broker for this building or not. Citadel was an absolute nightmare to deal with. Agreed with the pricing. While I am bullish on Central(lower portion) and West Harlem, I don't have the same enthusiasm for East Harlem.

attended the open house - quality is subpar - as expected since it was built by a Chinese developer.
layout is not great. most of the master bedrooms have a supporting column / wall in the worse possible place where a bed would be.

master bedrooms all have double sinks.

metal doors for a bathroom - not quite sure there.
some boilers were outside the unit, some where inside
units facing lexington ave are oddly shaped due to building layout - trapezoidal?

overall not worth the asking price.

Went to open house. The lead broker there did not come off very pleasant, almost arrogant, think his name was Michael. The moment I mentioned I had a representing broker he took his attention elsewhere and brushed me. He didn't really "sell", just ordered his other agents around. Makes you wonder why a bigger and more reputable agency was not used for the prices they advertised...but then I saw why.

As for the property here are my notes. Tacky design outside and inside. Very poor finishes. Horrible paint job (see kitchen cabints), Desirable units are mostly in contract but not noted on streeteasy which is unethical, questionable materials ( seecountertops), could not open windows, crappy backyard view, required to use their lenders. tax abatement not approved but not noted on streeteasy, Glass spire but what happens when the glasses start cracking over time? Lol

Bottomline, price too high for east Harlem, poor make, quesitonable agent. Sorry this area is past the hill and don't deserve upper east side premiums. Come see for yourself.

Building had NO amenities! One elevator that I have not seen working yet. No doorman. No gym, no bike storage. No rooftop deck. Nothing. And yet, they was top dollar pricing for it. Doesn't make any sense at all. Envious of those who already got units at the lower price range a few months ago. Hopefully they don't regret the questionable construction in the years to come.

This is weird but I'm seeing discussion updates via email but when I come here it's not posted.

Am I the only person seeing this?

nothing to see here, skip.
feels more like a doctors office than a true residential condo
the building is truly ugly inside and out.

I think the pricing is a bit high for the area, especially considering the area is still not that safe ie. the rash of robberies of people being followed from the subway.

Any updates on whether the building obtained the tax abatement or on why they have not received the COO yet? Is Citadel a company that will take your money and run?

Wow, the owners are apparently not entertaining any offers below the listing price. Either that or the agents aren't presenting them as they are supposed to.

no one was interested in this property when it was called the glass spire and it was 100k lower, don't think changing agents or owners is going to make any difference.

poor design, poor quality, and from previous posts - awful agent.

The fit and finish reminds me of that of newer affordable housing units: generally clean, with some blemishes, but overall very unimpressive.

Agree with vcw, somwn00bie and cdrm1980. The realtors and developers should wake up. No one will buy a crappy product at sky-high prices.

I have done business with Citadel for over 6 months, selling several units in this building. Michael and the other brokers have been nothing but professional.

VCW - Your mindset on safety in the neighborhood seems to be stuck in the 1980s. The 23rd precinct is 66% safer than it was 20 years ago. The numbers can be found on the NYPD's website.

Your insinuation about other brokers not presenting offers to the owner and implying that they are committing unlawful acts is completely reprehensible and immoral. Do you have any evidence to back up these specious claims, or are you just making things up because you couldn't get a deal done.

ProRealty- I thought brokers are not allowed to comments on safety.

>ProRealty- I thought brokers are not allowed to comments on safety.

Why can't brokers comment on safety?

@Fieldschester
I'm not sure. May be a broker on the board can answer why, if there is a reason behind it.