I signed a lease to move into an apartment at 95 Wall, which is an office to residential conversion rental building by Philippe Starck. On 9/14/08, when I signed the lease for my apartment, the agent told me that I d be able to move in October 1st "or a few days after". This was a bold faced lie (as opposed to a mistake). It s December 15th, and there are no prospects of a move in until at least January, 2009 (permits to allow occupancy have not been secured by the building yet). The other piece of information the agent failed to communicate was that buried in a think lease was a clause that allowed the building to keep me locked into my lease until mid-February, 2009, if they fail to deliver the apartment. They have also refused to cancel my lease, despite the ruse by the leasing agent. Needless to say, this has been an inconvenience for me. My son and I will be spending Christmas in a hotel room.
The building looks to be nice, and I imagine it will be an okay place to live (hence two stars instead of one). However, read your lease carefully, as this building is out for the money, not for the satisfaction of its tenants.
The last thing I would add is that the models are finished to a much higher spec than the other units. Make sure you see your finished apartment first before signing a lease.