Sugar Warehouse
79 Laight Street, Manhattan, NY 10013
Overview
- Units
- 33 residential · 1 parking
- Subway
- 6 min walk to Canal St A C ECanal St 1, 7 min
- Developers
- Coral Realty LLC, Forkosh Construction
- Principals
- Alex Forkosh, Galina Anissimova
- Average $/sf
- $701Homes in Schedule A, as first offered
- Common charges
- $258–$2,833 a monthSponsor's first-year estimate in Schedule A, May 1, 2002 to April 30, 2003
- Offering price
- $63.7 million total
- Floor plans
- Page 307 of the plan
The sponsor of record is 79 Laight Street, LLC, represented by Stroock & Stroock & Lavan LLP. The offering plan runs 598 pages. The sponsor has filed 11 amendments, the latest in October 2006. The nearest other condo plan on file is 250 West Street Condominium, next door.
Plan CD010127 · New · accepted Feb 6, 2002 · AG record ↗
Compare
| Figure | This building1 | Cooper Square226 units · 1.1 miaccepted 2000 | Altair 20 (15 West 20th Street Condominium)317 units · 1.6 miaccepted 2005 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.45Below peers | $0.51 | $1.07 |
| Average Offering PricePer Apartment | $1.93MLowest | $2.68M | $2.64M |
| Average PricePer Square Foot | $701Below peers | $788 | $1,125 |
| Property TaxesPer Square Foot / Month | $0.31Lowest | $0.45 | $0.62 |
| Average Unit SizeSquare Feet | 2,754 SFIn line | 3,398 SF | 2,345 SF |
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Unit mix, closings, budgets, finishes and the team, against Cooper Square and Altair 20 (15 West 20th Street Condominium), cited to the offering plans. No credit card required.
Create a free accountHow We Got This
- Comps: the closest Manhattan plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Units & Prices
Closings Pro
| Homes closed94% of the homes in Schedule A | 31 of 33 |
| Closing prices vs. Schedule A30 homes: $82,010,344 at closing against $57,428,170 in Schedule A (p. 43) | +42.8% |
| Average closing price30 homes, on their Schedule A square feet | $1,000 / SF |
| Closingsfirst and latest recorded | Jul 10, 2002 – May 24, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.
All 31 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1A | Jul 10, 2002 | $592,943 | $1,393,650 p. 43 | −57.5% |
| 5H | Feb 10, 2003 | $1,451,006 | $1,992,000 p. 43 | −27.2% |
| 1B | May 8, 2003 | $1,155,714 | $1,090,000 p. 43 | +6% |
| 3F | Aug 1, 2003 | $2,138,325 | $2,206,100 p. 43 | −3.1% |
| 5G | Nov 7, 2003 | $1,850,000 | $2,002,200 p. 43 | −7.6% |
| 5F | Mar 15, 2004 | $1,807,394 | $2,166,000 p. 43 | −16.6% |
| 2C | May 19, 2004 | $2,500,000 | $1,618,370 p. 43 | +54.5% |
| 4E | Jun 21, 2004 | $2,500,000 | $1,603,980 p. 43 | +55.9% |
| 3D | Aug 3, 2004 | $2,610,000 | $1,618,370 p. 43 | +61.3% |
| 5A | Jun 22, 2005 | $2,448,000 | $2,151,170 p. 43 | +13.8% |
| 6D | Aug 1, 2005 | $3,563,875 | $4,392,270 p. 43 | −18.9% |
| 2D | Jan 12, 2006 | $2,850,000 | $1,577,225 p. 43 | +80.7% |
| 5E | Apr 3, 2006 | $2,800,000 | $1,632,400 p. 43 | +71.5% |
| 3C | Aug 21, 2006 | $2,850,000 | $1,645,800 p. 43 | +73.2% |
| 1E | Oct 10, 2006 | $405,600 | $400,000 p. 43 | +1.4% |
| 6E | May 17, 2007 | $3,207,488 | $4,190,550 p. 43 | −23.5% |
| 2E | May 30, 2007 | $3,100,000 | $1,460,340 p. 43 | +112.3% |
| 3A | Nov 6, 2007 | $4,330,000 | $2,559,600 p. 43 | +69.2% |
| 5D | Sep 29, 2008 | $2,525,000 | $1,632,400 p. 43 | +54.7% |
| 5B | Aug 31, 2009 | $2,600,000 | $2,115,000 p. 43 | +22.9% |
| 4D | Jan 21, 2010 | $2,600,000 | $1,673,230 p. 43 | +55.4% |
| 4C | Apr 21, 2010 | $3,100,000 | $1,700,660 p. 43 | +82.3% |
| 1C | Oct 8, 2010 | $1,700,000 | $1,015,000 p. 43 | +67.5% |
| 4A | Feb 1, 2011 | $4,800,000 | $2,844,000 p. 43 | +68.8% |
| 4B | Jul 28, 2011 | $2,850,000 | $1,795,500 p. 43 | +58.7% |
| 1D | Jan 5, 2012 | $1,470,000 | $940,975 p. 43 | +56.2% |
| 3B | Jun 7, 2013 | $3,000,000 | $1,699,740 p. 43 | +76.5% |
| 4F | Jan 15, 2014 | $5,400,000 | $2,443,680 p. 43 | +121% |
| 4H | Sep 11, 2015 | $3,800,000 | — | — |
| 2F | Sep 20, 2017 | $5,550,000 | $2,240,040 p. 43 | +147.8% |
| 2B | May 24, 2023 | $4,255,000 | $1,627,920 p. 43 | +161.4% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- 79 Laight Street, LLC
- Developers
- Coral Realty LLC, Forkosh Construction
- Principals
- Alex Forkosh, Galina Anissimova
- Tax estimate
- Jerome Mazursky, MAI, AEPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 250 West Street Condominiumnext door · 111 units · 2011
- Glass Condominiumnext door · 5 units · 2004
- Pearline Soap Atelier Condonext door · 13 units · 2007
- River Loftsnext door · 68 units · 19 parking · 2003
- 67 Vestry Street Condominiumnext door · 17 units · 3 parking · 2019
- Sterling Masonnext door · 34 units · 12 parking · 2013