Gramercy Park Block Association - Neighborhood News #61
Condo conversion at 36 Gramercy Park East half-sold
Sales of Maurice Mann's condo conversion at 36 Gramercy Park East have exceeded 50 percent. According to Nest Seekers International, 19 of the 30 units put on the market have either closed or are in contract. There are actually 51 units in the building, but the other 21 are still occupied by rent-stabilized tenants.
Prices for the remaining units range from $1.325 million for one-bedrooms to $5.895 million for three-bedrooms. They have increased as much as 23 percent in what the brokerage firm described as "high demand."
Read more on The Real Deal.