Only 3 units left to be sold in Keystone Building

Real Estate Weekly, Jan 8, 2003

Despite the lack of any advertising, interest is still high at The Keystone Building, the first residential condo-loft project in Tribeca to close and have fulltime condominium unit owners since Sept. 11, 2001.

According to the developer, Alchemy Properties Inc., there are only three remaining unsold units in the building at 38-44 Warren St.: an expansive two-bedroom loft with two terraces and two, two-bedroom gorgeous penthouse units.

The Keystone Building helped transform Warren Street between Church and West Broadway, from a bleak commercial and industrial block to a vibrant part of Tribeca's 24-hour residential and retail community. The Keystone Building bounced back after Sept. 11, selling 25% of its units at higher prices than pre-9/11 sales.

The Keystone Building consists of 24 loft apartments ranging from to 1,248 to 2,815 SF. Prices on the remaining units range from S 1.485 million to $l.895 million for units of 1,850 to 1,955 SF plus the amazing private outdoor/spaces. Views from all of the terraces expand from Brooklyn to the Hudson River. The place. loft-residences feature 11-foot ceiling heights, deluxe kitchens with maple cabinets, granite countertops with full height backsplashes, Sub-Zero refrigerators, Sub-zero 40-bottle wine coolers, Thermador stainless-steel ovens, Bosch stainless-steel dishwashers and Bosch washer/dryers. Expansive master bedroom and bath suites have soaking tubs and walk-in closets. Each of the penthouses has a wood-burning fire-place.