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Rudin Greenwich Village condo to launch sales in November

Rudin Greenwich Village condo to launch sales in November

The Real Deal 9/26/2011

By Katherine Clarke and Lauren Elkies

The Rudin Family will launch sales at 130 West 12th Street, an uber-green prewar condominium in Greenwich Village, in November, the development company announced today. Closings are expected to begin in spring 2012.

“It’s unlike anything else on the market today,” said Samantha Rudin, partner in the Rudin family development and vice president of Rudin Management. “The ability to reside in a Greenwich Village pre-war building with both my family’s high level of service and the newest green technologies appeals to homebuyers.”

Stribling Marketing Associates is the exclusive sales and marketing agent for the 42-unit building. Prices will range from $1.395 million to $12.875 million.

Sotheby’s International Realty broker Steve Dawson called the development “a bellwether for that part of the village as that used to be an undesirable block because of the hospital, and also for the rest of the St. Vincent development since this is the first part to open.”

In addition to this new project, the Rudin family is planning an $800 million residential conversion of the east side of the defunct St. Vincent’s Hospital campus.

The plan calls for the Coleman and Link buildings, as well as two other buildings in the former hospital campus to be demolished and replaced with a 203-foot-tall apartment tower on Seventh Avenue, a new mid-rise building on 12th Street and five townhouses on 11th Street, with a total of 450 luxury condos.

The O’Toole pavilion on the west side of the avenue will be transformed into a comprehensive community health center and freestanding emergency department to be operated by North Shore-Long Island Jewish Health System.

The new building, at 130 West 12th Street, designed by architecture firm Cook + Fox, will include an environmentally sensitive landscaped rooftop terrace a fitness center, bicycle storage, and a full-time staff of doormen. The development is vying for LEED certification, the company said.

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