42 Crosby Street
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42 Crosby Street

Condo in Soho
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September 20, 2016

Sales begin at Annabelle Selldorf’s 42 Crosby Street, Soho condo with $1M parking spots

Sales officially launched today at 42 Crosby Street, Atlas Capital Group's 50,000-square-foot Soho condominium designed by Annabelle Selldorf of Selldorf Architects. Nine three-bedroom residences and a penthouse at the seven-story luxury residence will start at $8,250,000 (the penthouse is going for $25 million). According to the press release, the building's design offers "a contemporary interpretation of the Soho neighborhood’s cast iron architecture," and of course, there's those $1 million parking spots.
Find out more and see renderings
September 30, 2014

The Price of Parking: There’s More Than One $1 Million Parking Space in Manhattan

Car-owing New Yorkers can probably recite year-round alternative-side parking laws on cue, but most will also tell you how they loathe circling their block for 20 minutes, tracking which days to stay put, the inconvenience of babysitting a spot before the switch, figuring out a cluster of parking signs or, worse yet, arguing with a paid-for parking squatter. It often drives one batty. Yet, there is an option and that’s paying for a monthly but costly sliver of asphalt—hopefully an elevator ride away or at the very least, a quick walk a few doors down. However, the key word here is “paying” and if you live in New York, that slice of space could put you back a pretty penny, especially if you're shoveling out dollars for one in a new development. Unless you’ve been living under a real estate rock, there’s no doubt you’ve read about the $1 million dollar spaces at 42 Crosby Street’s garage in SoHo. Is this lofty price tag for parking a market first? Nope.
more on the price of parking here

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