One of the prettiest zombies of the real estate collapse is finally coming back to life. The condo tower at 290 Mulberry Street has been nearly finished for years now, but the developer fell into trouble, the building bounced around a bit, and only now is it coming back on the market, as a rental.
Karass Development picked up the project, and with the help of Citi Habitats broker Lucie Holt, it has been rebranded as Mulberry House, a rental building that has just come on the market. From the marketing materials:
All residences at Mulberry House include private keyed elevators, radiant-heat Walnut flooring, security camera systems, central A/C and oversized double-glazed windows.
State-of-the-art kitchens boast custom gloss-white cabinetry with stone countertops, Bosch gas cooktops and ovens, Miele dishwashers and Liebherr stainless steel refrigerators. In addition, all kitchens feature Marvel wine coolers to keep bottles at the perfect temperature.
The lofts’ bathrooms are equally luxurious. Designed as a spa-like retreats, Mulberry House baths boast custom vanities and concrete tubs designed by SHoP Architects. All residents will appreciate amenities including the full-time lobby attendant, common terrace located on the second floor, and the available private storage units.
The interior is still being completed and the rental prices remain undecided.
“Mulberry House offers rental residences that are unlike anything available in SoHo,” Ms. Holt said in a release. “The breathtaking modern design, top-of-the line finishes, and privacy offered to residents, are all truly spectacular.”
This may be the nicest news on Houston Street since they reinstalled “The Wall” in 2007—about the same time poor old Mulberry House got underway.