Price cut on (Greenwich) Park Avenue

140 park avenue

140 park avenue

New construction at 140 Park Avenue, down to $4.295 million from $4.5. Nice enough, I suppose, but I personally liked the looks of 180 Park, diagonally across the street, which closed just last week for $3.750. 180 was built in 2008, not an auspicious time to bring a house on the market, and it ended up being rented out for the next ten years, but the owners brought it back to pretty much "like new" condition, so I'd consider it a good comp. Each house is on 0.4 of an acre, and each has about 4,000 sq.ft. above ground.

140 is a bit more private than 180, and that's worth something, but I'll take a brick Georgian over another humdrum "Colonial" any day.

Question: why, if a builder has just 4,000 feet to play with, would he build a master closet that takes up so much space? And a "laundry room" closet with stacked washer/dryer and little room for much else strikes me as inconvenient. Even if my Lord and my Lady's garments in that master closet are all dry-cleaned, surely, with four bedrooms (like 140, there's a nanny cubicle in the basement), children are expected, and they usually come with all sorts of dirty clothes, most of which are not appropriate for dry cleaning. Oh well.

Upate, June 30: Heard from my friend and this home's listing agent, Ellen Mosher, who assures me that there is a full laundry area in the basement, convenient to the nanny cubicle.

140 park's master closet

140 park's master closet

180 park

180 park