64 University Place Condos: What the Offering Plan Says
64 University Place is a new 28-unit condo between East 10th and 11th Streets. Its offering plan details Miele kitchens and Dornbracht baths, a small amenity package with a rooftop and garden, a 24-hour lobby, a first-year budget under $1 million, and a managing agent tied to one of the sponsor's principals.
In brief: 64 University Place is a new 11-story condo in Greenwich Village with 28 homes over a retail unit and a community facility unit. Its offering plan describes one- to four-bedroom apartments with Miele kitchens, Dornbracht fixtures and chevron oak floors, plus a fitness studio, a ground-floor living room and garden, and a shared rooftop. What sets it apart: it's small, the lobby is staffed 24 hours, the first-year budget is under $1 million, and the managing agent is run by one of the sponsor's principals.
What's Specific to It
- A boutique building. Just 28 homes on floors 2 through 11, mostly three or four per floor, with two penthouses on top.
- Managing agent tied to the sponsor. Argo Real Estate manages the building. One of the sponsor's two principals, Mark Moskowitz, is Argo's president and CEO.
- Gas cooking and gas fireplaces. Kitchens get Miele gas cooktops. The two penthouses and the ground-floor living room have gas fireplaces.
- Big penthouse terraces. Penthouse A has about 2,030 sq ft of terrace. Several homes on floors 7 to 9 also have terraces.
- Commercial neighbors. The building includes a retail unit and a community facility unit the sponsor expects may be used as an art exhibition space. Owners have no say over most of their uses.
- Sponsor keeps the air rights. The sponsor retains any unused development rights on the lot.
Listing photos of 64 University Place can show you the finishes. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.
At a Glance
- What it is: new construction on University Place between East 10th and East 11th Streets, about 65 feet wide. The plan was accepted for filing in October 2022 and projected a first year of operation starting December 2023.
- Size: 28 homes, 28 storage lockers, 1 retail unit and 1 community facility unit. No parking and no pool.
- Layouts: one-bedrooms from about 840 sq ft up to three-bedrooms of about 2,600 sq ft. The two penthouses are about 3,650 and 3,970 sq ft inside, with terraces.
- Offering prices: in the original price list, homes ran from about $2 million to $17 million, about $127 million in total. These are asking prices, not sales. State records list a later total of about $135.5 million.
- Common charges: roughly $1,400 to $9,700 a month, depending on the unit, under the sponsor's first-year projection.
Finishes
Kitchens
Every kitchen is Miele: a fully integrated refrigerator, a gas cooktop, an electric wall oven, an integrated hood and a dishwasher. There's also a Marvel wine cooler, a Blanco sink and a Dornbracht Tara faucet. Cabinets are grey-stained oak.
- Counters on floors 2 to 9: Blue Savoy grey marble, honed.
- Penthouse counters: Calacatta Borghini white marble, honed.
- Larger layouts: add a Miele speed oven, and the biggest get a 36-inch refrigerator and cooktop.
See gas vs. induction stoves in NYC condos and marble countertops in NYC condos.
Bathrooms
Fittings are Dornbracht (Tara faucets and accessories, IMO rain showers) with wall-hung Duravit toilets and sinks. Primary baths get a walk-in shower and, in many layouts, a freestanding Victoria + Albert tub. In typical homes, primary baths are Super White quartzite. Penthouse primary baths are Calacatta Borghini marble, and penthouse powder rooms use green marble. For context, see bathroom brands in NYC luxury condos.
Floors and windows
- Floors: light white-oiled oak in a chevron pattern (Havwoods or similar, about 4¾-inch boards) over an acoustic underlayment. See herringbone and chevron floors.
- Windows: an aluminum and glass window wall with in-swinging doors. Fireplace surrounds are grey limestone.
Laundry, heating and cooling
- Laundry: every home has a Whirlpool washer and ventless dryer. There's also a shared laundry room in the cellar.
- Heating and cooling: LG VRF heat pumps with an energy recovery ventilator for fresh air. Hot water comes from central gas heaters.
- Utilities: your electricity, including heating and cooling, is submetered and billed by the condo. Cooking gas has no unit meters and is a shared cost.
Compare with heating and cooling systems in NYC condos.
Amenities
For 28 homes, the list is short and practical:
- Cellar: a fitness studio (treadmills, bike, free weights and a functional training system) with its own restroom, the laundry room, bike storage and the storage room.
- Ground floor: the lobby, a shared living room with a gas fireplace, a garden courtyard, a mailroom and a package room.
- Roof: a shared rooftop terrace with dining and lounge furniture.
Good to know: these are small spaces. The plan caps the rooftop at 18 people, the living room at 19 and the garden at 7. Homes near the gym, garden or rooftop may hear noise, and the board isn't required to fix that.
Tip: storage lockers are sold separately as licenses, not deeded units. They were priced at about $25,500 to $63,000, with fees of $20 to $32 a month. The storage room is below grade, and the plan warns it may not stay dry. Compare with amenities by building size and condo storage units.
Staffing and Services
The first-year budget pays for:
- 1 superintendent
- About 5.2 full-time-equivalent doormen, enough to staff the lobby 24 hours a day, 7 days a week
- A part-time porter (0.2 of a position)
The plan says the lobby will be attended around the clock from the first closing, but full staffing and some amenities may take 12 months or more. See what a doorman costs in an NYC condo for context.
What It Costs to Run
The sponsor projects a first-year budget of about $922,000 (December 2023 to November 2024). Residential owners carry about $906,000 of it. The biggest lines:
| Budget line | Approx. first-year cost |
|---|---|
| Staff wages, taxes and benefits | $507,000 |
| Electricity for common areas | $93,000 |
| Insurance | $70,000 |
| Service contracts (elevator, fire alarm, boiler and more) | $59,000 |
| Management fee | $45,000 |
| Water and sewer | $42,000 |
Staff is about 55% of the budget, a high share that comes from paying for a 24-hour door across only 28 homes. Repairs and maintenance get just $20,000, and landscaping for the garden and planting areas about $11,000.
Common charges run roughly $1,400 a month for a one-bedroom to about $9,700 for Penthouse A. Estimated property taxes add about $1,100 to $7,300 a month. The plan warns taxes may rise materially once the finished building is reassessed. Read more on common charges, estimating condo property taxes and why operating costs differ.
Good to know: the budget sets aside only about $18,000 as a contingency for repairs and reserves. At closing you pay a working capital contribution of two months' common charges, and resale buyers pay it too. See reserve funds in NYC condos.
Fine Print Worth Knowing
- Sponsor control. The plan warns that owner-occupants may never gain control of the board. While the sponsor controls it, the board can't change staffing, add services or build reserves without the sponsor's consent.
- Unsold units can be rented. The sponsor has an unconditional right to rent rather than sell unsold homes after the plan is declared effective.
- Rental and resale rules. Leases must be at least one year, with no short-term rentals, and the board has a right of first refusal on sales and rentals. Pets are limited to two dogs, cats, caged birds or fish without board consent.
- Deposit and claims. The deposit is 15% of the price, and there's no financing contingency. You have three years from closing, not the usual six, to bring a claim against the sponsor.
- Commercial units. The retail and community facility units can be used for almost any lawful purpose, possibly after hours. As filed, they lack the venting for a restaurant that cooks on site.
- Not landmarked, not in a flood zone. The plan says the site isn't in a landmark district or a flood zone. The condo board pays for future facade inspections, which the plan warns could be costly.
Terraces sit on roofs over other homes, so owners handle routine upkeep and the board handles leaks and structural work. See condo terrace repairs: who pays.
Who's Behind It
- Sponsor: 64 Owner LLC, whose principals are Mark Moskowitz (Argo Real Estate) and Ameesh Agarwal (Bsafal Inc., part of Safal Constructions)
- Architect: Kohn Pedersen Fox Associates
- Managing agent: Argo Real Estate, at $45,000 a year for the first three years
- Selling agent: Douglas Elliman Real Estate
- Sponsor's counsel: Herrick Feinstein
- Construction lender: Fortress Credit Corp.
The plan doesn't name an interior designer.
Common Questions
Does 64 University Place have a doorman?
Yes. The budget pays for about 5.2 doormen, enough to staff the lobby 24 hours a day, plus a superintendent. The plan says the lobby will be attended around the clock from the first closing.
How much are common charges at 64 University Place?
Under the sponsor's first-year projection, roughly $1,400 to $9,700 a month depending on the unit, with estimated property taxes of about $1,100 to $7,300 a month on top.
Do the apartments have washers and dryers?
Yes. Every home gets a Whirlpool washer and ventless dryer, and there's a shared laundry room in the cellar.
Where this comes from: the building's offering plan (CD220127), filed with the New York Attorney General, including its Schedule A price list and Schedule B first-year budget. Prices are the sponsor's offering prices, not sales. Updated October 2026.