Home > Blogs > New York > New York County > New York > SoHo > Travelzoo Mogul Moves Into the SoHo Mews!
76,651 views

NY Real Estate Blog

Get Cash Back When You Buy With CondoDomain NYC!!!

By Brett Malvin | Agent in New York, NY

Travelzoo Mogul Moves Into the SoHo Mews!

You may recall we wrote about the Charles Gwathemy designed SoHo Mews a week or so ago – it’s one of our favorite new properties, thanks to the private gardens that unite the two buildings of the development. Apparently, we’re not the only ones with a hankering for some green space. The New York Times Real Estate section reports that Holger Bartel, a chief executive of Travelzoo.com, has put down roots at the SoHo Mews. Bartel purchased a penthouse apartment at the SoHo Mews for a mere $4.8 million. Oh, to be a wealthy interior pioneer!

Soho Mews Penthouse Apartment

Reports The Times:

Apartments at SoHo Mews first came on the market in 2007 when the building was under construction, then hit a bumpy patch during the recession. Several buyers filed complaints to try to get out of their deals, but the attorney general’s office sided with the developer in several cases, and other buyers decided to settle.

If Mr. Bartel’s apartment is any indication, the financial crisis has also helped bring on some heavy discounting at the building. His two-bedroom two-and-a-half-bath penthouse had an original asking price of $5.965 million, but he paid nearly 20 percent less.

The apartment has a fireplace, three exposures and a 1,027-square-foot terrace with an outdoor spa tub.

Looking to cash in on the lower prices at The SoHo Mews? Click here to tour the property with Condo Domain.

Related Posts

Comments

By Gita Bantwal ABR/CRS/SRES/CDPE,  Sun Mar 14 2010, 08:21
I think that is a great price for the location.

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer