Inside the penthouse (L); The former facade of the building still as Pearl Paint (R)
Tribeca artists’ mecca Pearl Paint–the 80-year-old art supply retailer at 308 Canal Street–closed just over two years ago, and in May, Trans World Equities filed permits to convert one of the buildings into four “bespoke full-floor lofts” and build a two-story addition above the 150-year-old cast-iron structure, now going by 42 Lispenard Street. Two are already in contract, but the newly-listed penthouse awaits, with a prospective winter 2016 occupancy date.
The Italianate building in the Tribeca East Historic District has been scrubbed of the store’s iconic red and white colors, and you won’t find any paint–or cool notepads, canvases, beads and crayons–but you probably won’t need any in your 2,500-square-foot duplex.
Above the living room is a 160-square-foot, 23-foot-high glass ceiling; a direct elevator entry leads into the expansive double height living/dining space with a modern gas fireplace and eight-inch wide plank oak floors.
The custom-built kitchen was designed by Poliform with highlights that include Calacatta Gold countertops and a complete Miele appliance package.
The master suite includes a spacious dressing room/closet, and the marble bathroom has been fitted with custom cabinetry by Antonio Lupi, radiant heat floors and a free-standing bathtub. Two more bedrooms a full bath, a powder room and a laundry room are also on this floor.
Upstairs on the mezzanine level you’ll find a clever office/study loft. The skylight above the double-height room illuminates even the most mundane task.
The 1,500-square-foot private rooftop terrace has a summer kitchen and an outdoor shower. The new building offers residents a virtual doorman, climate-controlled storage units and bike storage.
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Images courtesy of Douglas Elliman
Neighborhoods : Tribeca