Articles Archive for 18 August 2011
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Photos by Roland Li for Real Estate Weekly
By Roland Li
The Laurel is bringing unprecedented prices to First Avenue.
A tower of aqua-colored glass and limestone at 400 67th Street, it has commanded prices over $1,800 per s/f in a neighborhood known more for its hospitals.
But the building’s construction was negatively affected by external forces. In 2008, a fatal crane crash 25 blocks north, at the Azure, led to a shutdown on four construction projects that used the same crane brand. The Laurel was among the buildings where work halted.
A few months …