The “Condo Coast” is the lower west side of Manhattan (the Tribeca waterfront and more), where many condominium conversions were made beginning in the 1990s. New York magazine used the term “Condo Coast” in its February 9, 2004 issue.
New York Magazine
Down by the Riverside:
World-class architects are bringing high design and higher prices to an industrial-strength swath along the Hudson, west of the Village and north of Tribeca. Is lower Manhattan ready for a megadose of Eurostyle?
By Deborah Schoeneman
From the February 9, 2004 issue of New York
Bordered by West Houston Street to the south, Hudson Street to the east, and West 14th Street to the north, the Far West Village—the northern end of the new Condo Coast—is only a few blocks from the area where Gwyneth Paltrow, Julianne Moore, and Anna Wintour live in nineteenth-century townhouses that have been protected by the Greenwich Village Historic District since 1969. It’s family-friendly, though the riverfront has yet to have a big family presence. Public School 3 and the Greenwich Village Middle School, both on Hudson Street, have some of the city’s highest test scores, and St. Luke’s School is also a desirable private-school option for the deep-pocketed buyer.
The most isolated part of the Condo Coast is the southern extremity: The Greenwich Street Project and 505 Greenwich—just two blocks east of the West Side Highway and one block from UPS’s not-exactly-eye-candy loading docks and parking lots—are pioneers in a primarily commercial area that optimistic developers and brokers have dubbed West Soho or Hudson Square. Young hipsters pack nightlife mainstays like the Ear Inn, Sway, and Don Hill’s, but there is no bakery, shoe-repair shop, or pharmacy within winter walking distance.
Volume 73, Number 43 | February 25 - March 2, 2004
Gottlieb gets in on river rush
By Lincoln Anderson
However, signs seem to indicate that the Gottlieb company is ready to cash in on what developers are calling the new “Condo Coast,” the rapidly transforming historic Village waterfront, where designer buildings are sprouting up like weeds and whole block fronts are being scooped up by developers — like Related Companies’ recent deal to buy the Superior Ink factory at West and Bethune Sts.
Volume 73, Number 44 | March 3 - 9, 2004
However, nowhere else in the city is development so rampant at this moment as in Board 2, specifically on the waterfront. Witness the recent New York magazine article with Richard Meier’s Perry St. towers on the cover, hailing the new “Condo Coast.”
New York Metro Real Estate News
There is even a trapeze school here where the park intersects Battery Park City. Aside from the park’s many amenities, it has also worked wonders for the district fronting it to the east. In addition, a host of new condominium projects have sprung up in recent years. The area has even become known as “the condo coast” due to the number of sleek, glass buildings that have popped up along the park within the past two years.