What is the premium for the twist?

2BRs start for less than I would have expected.

But it continues to amaze me how far out of budget family sized apartments are for 99.9% of people.

3BR has a 20% per sq ft premium over the 2BRs, making the total price 2x..

Are you really comparing apples to apples, steve123? Smaller apts are typically given lesser locations. For example, if you’re talking about the cheapest 2BR:

https://streeteasy.com/building/one-high-line/east11e

Versus the cheapest 3BR:

https://streeteasy.com/building/one-high-line/west11a

The latter has a much better view, corner exposure, etc.

Remember it's in turnaround/workout.The site was purchased May 2015, construction commenced September 2016, and the original developers began sales in May 2018. So they really need to move sales along and can't hold out for the last nickel like they were selling preconstruction.

@nada - well that's kind of the thing right, you can't compare apples to apples because they sliced up the building such that the only 3BRs are more "premium".

My condo is quite similar, 50% 1bed/studio, 40% 2BRs, 10% 3BRs.. but all the 3BRs are highest floors / best views / outdoor space / etc. So the cheapest 3BR was ~2x the typical 2BR while only being 30-50% bigger.

It's as if the only 3-row SUVs were made by Mercedes while the 2-row SUV market was saturated by every American, Japanese and Korean maker.

In this building, the 2BRs seem priced in the $2500-3000 ppsf range while the 3BRs seem to occupy the $3000-3500 ppsf range.

I take your point that there is no $2500 ppsf option for 3BR with (say) 1600 sq ft for $4M. But I think this is probably a reflection of where ultra lux new dev customers are at: it’s just not a product that generates much interest.

I do like the finishes. Glamorous and contemporary. Especially the generous use of indirect lighting in the bathrooms. Very fitting for that area.

The twist means that the windows and support structure is in different relative places for each floor, which could mean that everything but the top floors are not optimized for the right interior layout.

The twist means that the windows and support structure is in different relative places for each floor, which could mean that everything but the top floors are not optimized for the right interior layout.

It's really interesting to compare the floorplans for the same line apartments -- in theory they're more or less above each other, but the floorplan for each unit is significantly different. In the plans on SE, you can see the position of the unit in relation to the floorplate - in the west tower, compare 28A , 26A, 16A, and 5A. (you will have to adjust orientation as they're not presented consistently). 28 gains a large BR over 26, but loses two big WICs, plus some other bits and pieces added/subtracted. 28 and 5 are vaguely related but in a cousin-y not brother-y way. Props to the plumbing and structural engineers!

I rarely appreciate apartments in weird-shaped buildings from the inside. Any room shaped not as a rectangle is tricky to furnish, and i have been in apartments where non-right angles made me feel uncomfortable. Not saying this building is not great, just observing that odd shapes are tricky to pull off.

In almost all the floorplans I looked at, they managed to have only 1 wall out of square with the rest, typically the exterior windowed one, and not excessively so. In many ways, they are rather ordinary floorplans, but in a visually interesting building. 18a, for example, is the bog-standard econobox (well, w/ powder room and w/d, but still). 8D is quirkier, but still, rectangular rooms with 1 transition.

Did they determine the direction of the twist based on the direction of earth's rotation? Would it need to be the other way if in the southern hemisphere?

Bjarke does a lot of acid.

>In this building, the 2BRs seem priced in the $2500-3000 ppsf range while the 3BRs seem to occupy the $3000-3500 ppsf range.

And negatively impacting values at The Caledonia just a couple blocks south
eg https://streeteasy.com/building/the-caledonia/1608

Caledonia looks like a @nada special
You can buy unit 1709 for $4M and end up with almost $30k monthlies (after ~$1M down & closing costs)...
Or you could rent 1709 for $15k/month..

Has been on market over a year now.

steve123,
I'm sure that's due to One High Line ... Not.

some of the twists are renting now
https://streeteasy.com/building/one-high-line/west15a?showcase=1

How is the twist doing lately?

this one seeming to take a while to close
https://streeteasy.com/building/one-high-line/westph36

https://streeteasy.com/closing/11146595

finally