Posted by Leonard Steinberg on May 13th, 2013

Is it possible that sales at 150 CHARLES STREET are breaking a world record? After reaching the 3 month date on the calendar this weekend (February 11th, 2013 being the day we started sending out contracts) we are now in contract for almost $750 million worth of apartments in the building, surely a record for speed of sales at prices that are record-setting in areas too. While certainly an ‘overnight success’, I started working on this remarkable West Village building with my colleagues over 5 years ago: Back then we were hoping to break the $ 2,000/sf barrier which we felt was easily do-able……as of today we are averaging well over $ 3,000/sf or 50% above original estimates.

150 CHARLES STREET is a mirror to the real estate market in New York in general, where heated sales activity continues across the board, especially in the sale of high end, brand new buildings. A huge thanks to Darren, Raphael, Susan, John, Madeline, Peter, Elizabeth, Therese and all those involved in making this historical sales effort possible…..and so much fun!