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Avant Chelsea

Started by pibito
over 17 years ago
Posts: 6
Member since: Jan 2009
Any feedback on building, problems, rumors, pleasant or unpleasant surprises, advice for prospective buyer? Very interested in hearing anything about this building. Much appreciated!!
Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

Any updates on this building? Is it completed?
Just remaining in the shadow?

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Response by whatsupwiththat
almost 17 years ago
Posts: 12
Member since: Aug 2007

I looked again at this building last week. Apparently 18 of the 19 units have now closed. I was told that the only availability left is the top floor penthouse.

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Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

Thank you whatsupwithat.

They may be fibbing however. Before your post I looked up PH3 as only PH4 looks available on Acris.
There is no sale on PH3. And here is the streeteasy back history on PH3.
I will spot check the other apartments to see if there is even 1 closing.

StreetEasy History
04/11/2007Listed in StreetEasy by Stribling at $2,800,000.
04/23/2007Price increased by 4% to $2,900,000.
05/04/2007Listing entered contract.
05/11/2007Re-listed by Stribling.
09/25/2007Listing sold.
12/07/2007Re-listed by Stribling.
04/28/2008Listing entered contract.
12/15/2008Price decreased by 6% to $2,725,000.
12/29/2008Price decreased by 8% to $2,500,000.
01/28/2009Price decreased by 10% to $2,250,000.
02/11/2009Re-listed by Stribling.
03/13/2009Price increased by 9% to $2,450,000.
03/20/2009Listing sold.
04/04/2009Listing entered contract.
08/25/2009Listing is no longer available.

Acris last info are UCC releases on 6/12 for the main mortgage on the building to the individual unit of PH3. I suspect that will be the last documentation on most if not all the units with no indivdual closings.

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Response by whatsupwiththat
almost 17 years ago
Posts: 12
Member since: Aug 2007

I see PH3 as sold on Streeteasy with the buyer's name and price paid both listed. What am I missing here?

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Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

My mistake, it looks like contracts were committed before the crash and so far these closings.

8S closed Dec. '08 1.500
7N closed Jan '09 1.480
7S closed Nov. '08 1.600

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Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

And further mea culpa, PH3 did close (lazy due diligence and didn't got to page 2 on acris)

Looks like this building had good timing.

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Response by truthskr10
almost 17 years ago
Posts: 4088
Member since: Jul 2009

You are missing nothing whatsup, I am missing everything today. My bad.

There are so many new developments in chelsea with pre November '08 list prices and BS I stupidly added this one to the list.

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