Era of the Million-Dollar Studio Still Going Strong - NBC New York

Era of the Million-Dollar Studio Still Going Strong

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    NEWSLETTERS

    Era of the Million-Dollar Studio Still Going Strong

    Sniffs a Curbed tipster: "So the economy is crashing and they charge almost a million dollars for a studio less than 500 square feet?" Oh, but tipster, this is more than just a studio! This is your own private piece of the black bendy wonder of Tribeca—a little building we like to call 5 Franklin Place. This is crawling into the brain of architect Ben ven Berkel and pitching your tent inside it. This is harnessing the essence of pure Dutch power and letting its glow wash over your body every time you pass through the doorway. This is waking up every morning enveloped in utmost luxury. This is...OK, it's a 486-square-foot apartment priced at $959,000. But hey, it's one of the "City Residence" units in the middle of the building, which means "a custom wall panel frames the lacquered gallery foyer, creating a special space for art." Though, in this space, an art collection can't be much more than some Shrinky Dinks.

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    · Listing: 5 Franklin Place #10C [Corcoran]
    · 5 Franklin Place coverage [Curbed]

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