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Old Posted Feb 3, 2016, 11:02 PM
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chris08876 chris08876 is offline
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Join Date: Jul 2013
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Smile NEW YORK | 438 East 12th Street | FT | 6 FLOORS

Project: 438 East 12th Street

Doug Steiner is aiming for a sellout of nearly $215 million at his new East Village condominium project, a record for the neighborhood.

Prices at the 82-unit project at 438 East 12th Street, which replaced the Mary Help of Christians Church, will start at $1.1 million for a one-bedroom pad, according to plans filed with the New York Attorney General’s office that were approved Jan. 26.

“There are very few full service buildings around there,” Steiner told The Real Deal. “Everything is a brownstone or a walk-up. This will have a 24-hour concierge, a gym and a full suite of amenities.”

Steiner secured his site for $41 million in 2012 from the Mary Help of Christians Church, which was recognized in the poetry of Beat legend and longtime East Village resident Allen Ginsberg. Construction on the new brick building is slated to be completed within 18 months.
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