Sales Go Live at 50 Clinton Street Condo Building that Killed WD-50

Posted on: April 10th, 2015 at 5:00 am by
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The outdated row of retail comprising 50-62 Clinton Street still stands, but the tombstone signage continues to tease the next phase. As we’ve been reporting, the one-story collection of stores – which had included WD-50 – will fall so that a seven-story condo project can rise here.

The price range to live in this beacon of luxury was known all along, thanks to numerous reports in the media. However, it wasn’t until this week that the unbuilt development officially hit the market alongside a fresh set of renderings. The timing seems right, as the “sales gallery” also opened last week and even sports a replica model.

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Inside the penthouse

There are a total of thirty-seven available apartments (designed by Paris Forino) with amenities that include 24-hour doorman, gym, “lush gardens,” and rooftops terraces. Five units are currently available courtesy of Elliman, starting at $1.8 million. Not bling enough? Well, you can instead pony up for the two-bedroom penthouse at nearly double the cost, or $3.5 million.

DHA Capital – which acquired the property for a record $28.95 million – is targeting “first-time buyers and young professionals” (yuppies?) to populate the new development.

We first reported on the demise of this stretch of Clinton Street over a year ago.

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The roofdeck

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