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685 First Avenue sales

Started by Josh
almost 7 years ago
Posts: 1
Member since: Sep 2014
What happened to the sales listings for this building? All the units have been sold?
Response by 300_mercer
almost 7 years ago
Posts: 10570
Member since: Feb 2007

I was looking at this too. Only rentals listings appear it seems.

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Response by 300_mercer
almost 7 years ago
Posts: 10570
Member since: Feb 2007

Perhaps they decided to change part of the building from condo to rentals due to poor new development market conditions.

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Response by 30yrs_RE_20_in_REO
almost 7 years ago
Posts: 9877
Member since: Mar 2009
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Response by 30yrs_RE_20_in_REO
almost 7 years ago
Posts: 9877
Member since: Mar 2009

Or maybe prediction #3?

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Response by 300_mercer
almost 7 years ago
Posts: 10570
Member since: Feb 2007

I noticed that the kitchen got downgraded to luxury rental level rather than high end new developement level (no subzero, Miele built in). What is prediction #3?

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Response by 30yrs_RE_20_in_REO
almost 7 years ago
Posts: 9877
Member since: Mar 2009
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Response by ph41
almost 7 years ago
Posts: 3390
Member since: Feb 2008

The building was always supposed to be part rental and part condo - always felt that that was an incredibly stupid decision.

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Response by 30yrs_RE_20_in_REO
almost 7 years ago
Posts: 9877
Member since: Mar 2009

Yes originally it was supposed to be 148 condominiums and the rest rentals. The question now is are any of the units going to be condominium and if they are will they be sold?

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Response by 300_mercer
almost 7 years ago
Posts: 10570
Member since: Feb 2007

Perhaps condos are yet to be released.

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Response by 300_mercer
almost 7 years ago
Posts: 10570
Member since: Feb 2007
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Response by Aaron2
almost 7 years ago
Posts: 1698
Member since: Mar 2012

At the current ask ($1.93m for #33a), I think people would be overpaying for 779 sq. ft. with an unfortunate floorplan. The reason for wanting to live in one's kitchen eludes me. Who is their demographic? AirBnB?

https://oneunpark.com/uploads/application/files/oneunpark-31-39a.pdf

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Response by 300_mercer
almost 7 years ago
Posts: 10570
Member since: Feb 2007

While I think they will need to take a discount to sell, I do not mind the floor plan. I use my kitchen counter / dining room seating the most, followed by library with living room couch last - all in an open floor plan.

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Response by ph41
over 6 years ago
Posts: 3390
Member since: Feb 2008

All the apartments from 28th floor on up , which were supposed to be condo, are now showing as “off market”.
Will they turn them into rental?

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Response by ph41
over 6 years ago
Posts: 3390
Member since: Feb 2008

All the apartments from 28th floor on up , which were supposed to be condo, are now showing as “off market”.
Will they turn them into rental?

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Response by Rock28
over 6 years ago
Posts: 49
Member since: Apr 2011

The for sale listings are still there. https://streeteasy.com/building/one-united-nations-park

Solow decided to play switcharoo with the addresses for marketing purposes which is why there was confusion on whether this was a rental or condo...or in this case both. The rental portion has a different address though it's technically the same building, amenities, and shared lobby.

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Response by Admin2009
over 4 years ago
Posts: 380
Member since: Mar 2014

I hear good things about the building

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Response by NYONE
almost 4 years ago
Posts: 58
Member since: Feb 2010

if your considering either buying at "ONE United Nations PARK" or renting at "685 FIRST AVENUE" .which is the same building, both rental and condo in this mixed building, look at the LOT IN FRONT OF THE BUILDING. This is the largest vacant lot in NYC owned mostly by the SOLOW Company. What kind of view are you going to have when these clowns build in front of your face..!!. They have a history of being amongst the worst builders and landlords in the City. Look what they did to their own tenants at ONE AND TWO SUTTON PLACE they put a new building in front of their faces and blocked the views of their own tenants, why?, for the God almighty buck !!. Sheldon Solow is now dead, but the Son is head of the organization, whose even worse than PAPA, hard to believe. Beware of these horrors

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