Manhattan Transfers

79 Laight
Street Three-bedroom, 3.5-bath condo
Asking: $1.895 million.
Selling $1.85 million
Time on market: 120 days

In late 2002, singer-actor Mandy Patinkin and his wife, actress and writer Kathryn Grody moved from modest Upper West Side digs to Tribeca. A year after Sept. 11, the couple and their two sons made headlines just when the real-estate market in Tribeca was beginning to look up. Now, Mr. Patinkin is officially out of the neighborhood, with the sale of the family's three-bedroom Laight Street loft to an investment banker and his wife for $1.89 million. The 52-year old Mr. Patinkin and his family, who paid $1.68 million for the loft in 2002, will relocate full-time to the family's country house in bucolic New Paltz. If the city life doesn't agree with the star made famous for roles in Broadway's Evita as well as in The Princess Bride (the swashbuckling Inigo Montoya) and Yentl (Barbra Streisand's lusty schoolmate), he's found buyers who are charged by the energy of a downtown perch. "They really wanted to be downtown. They felt there was a tremendous cachet in living in Tribeca," Stephen Perlo, a vice president with the Corcoran Group who represented both parties, said. The 2,600-square-foot apartment on the corner of Washington and West streets features hardwood floors, beamed ceilings, northern and eastern exposures with city and Hudson River views, and a marble bath. The building, the Sugar Warehouse, dates to 1853, but like so much of old Manhattan, it's been remade with modern luxuries including an exercise room, private storage, a children's room and a common roof deck. "The location, ambiance and space attracted the buyers to the property," Mr. Perlo said. "And for me, it's fabulous to see the resurgence of Tribeca since Sept 11."