I have always been really curious about this property, 57 Front Street, especially now that its on the same block as the now infamous novo clutch building (which dumbonyc did a nice historical overview of btw). I can sort of see into the apts from my apt at 70 Washington and the units look really spacious, lofty
and new.I was poking around on the Corcoran Web site and came across a listing. From the photos posted (see photos at left), looks like all my assumptions were correct -- the units are very clean, open and nicely finished. There is a new gym (according to the pics) and the unit has river views as well, something I couldn't tell from over here. The only drawback seems to be the communal laundry room.


3 comments:
The problem with 57 Front is that they don't have a tax abatement. That listing has a $763 maintenance and a $517/mo taxes. Good thing with 70 Wash is that it has a J-51 abatement.
The only thing worse than buying in a Walentas building is buying in a Boymelgreen building, although it is hard to say sometimes who is worse.
There was a delay in obtaining the abatement was because some units had been reclassified due to a lot line dispute between Walentas and Boymelgreen. The dispute has been resolved ( Walentas has granted an easement in exchange for Nova Clutch ). So, 57 Front should finally be getting its J-51 abatement filed by this fall. The 57 Front condo board is also reviewing a plan for individual units to add washer/dryers as well. The nice thing about 57 Front is it is a pretty small condo (33 units) so common areas are never crowded and the board / management has, so far, been very responsive. I live in the building and like it a lot.
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