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This week’s vital property news: The Gresham hotel is for sale for €80 million

Everything you need to know in one quick guided tour.

Source: Daft

EVERY WEEK, WE bring you all the news you need to know about the property market.

The Big Movers

The iconic Gresham hotel is for sale

Dublin’s Gresham Hotel on O’Connell Street, soon to celebrate its 200-year anniversary, has been put up for sale by CBRE Hotels and Christie & Co with a guide price of over €80 million.

There’s a €90 million development plan for Cork city

O’Callaghan Properties will submit plans this week for a planning application for a 360,000 square foot office space in Cork city worth €90 million. There will be four separate buildings of five- and six-storeys, built on a 2.25 acre site.

Under Construction

PastedImage-87675 Source: Enda Cavanagh Photography

Source: CBRE Hotels

Des Res

Via 57 West  is a luxury apartment building in Manhattan with more than one twist to its design features.

Not only is it a pyramid shaped building right on the water, it recycles 227,000 litres of water a day, was built with responsibly-forested wood and is energy-efficient. If that wasn’t enough it has 142 affordable housing units, costing between $565-$1067 (€520-€980) per month rather than the average $2770-$16,500 (€2540-€15,100) per month.

This week’s vital property news: The Gresham hotel is for sale for €80 million
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All images: Via 57 West via Business Insider

And Finally…

The team designing the new side entrance to the GPO on Dublin’s O’Connell Street are using the work of influential designer Eileen Gray as inspiration in the update of the Prince’s Street entrance, a report in the Irish Times says. We’re expecting something pretty special, in that case.

Read: Sharon Corr’s Ballsbridge mews is something to muse over

Also: Fancy a little privacy? This house in a gated community is for sale

About the author:

Edel Corrigan

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