The co-op at 133 Greene Street allows for purchases by limited liability corporations, which permits wealthy foreigners to buy these units as investments and avoid paying taxes on them as long as they live in New York for less than half the year. As a broker who lives at 133 Greene observed: "It's a reflection of the changing times...It's not another artist who moves in when someone retires and moves upstate. It's someone from Italy with $100 million net worth."
This living room is part of a 4,430 square-foot loft at 102 Prince Street, just across from the southern end of the Greene Street block; it was on the market for $10.5 million in April, 2015. It was also featured in the movie Ghost
102 Prince Street, CurbedNY.