When the neo-Gothic Woolworth Building at 233 Broadway was erected in 1913 as the world’s tallest building, it cost a total of $13.5 million to construct. Though many have surpassed it in height, the instantly-recognizable Lower Manhattan landmark has remained one of the world’s most iconic buildings, admired for its terra cotta facade and detailed ornamentation–and its representation of the ambitious era in which it arose. Developer and five-and-dime store entrepreneur Frank Winfield Woolworth dreamed of an unforgettable skyscraper; the building’s architect, Cass Gilbert, designed and delivered just that, even as Woolworth’s vision grew progressively loftier. The Woolworth Building has remained an anchor of New York City life with its storied past and still-impressive 792-foot height.
2 park place
Images courtesy of The Corcoran Group.
The top 30 floors of Tribeca‘s venerable Woolworth Tower at 2 Park Place have been redeveloped by Alchemy Properties and given new life by French architect Thierry W. Despont. They now comprise a limited collection of 32 luxury condominium residences. On the familiar landmark’s 29th floor, this sprawling three-bedroom condo, asking $15,950,000 million, spans 4,623 square feet, not counting its vast terraces. No expense has been spared in bestowing the finest in finishes and state-of-the-art systems throughout.
The Pinnacle. Rendering: Williams New York.
The residential conversion of the Woolworth Building at 2 Park Place has brought with it a collection of unique condominium residences that take advantage of the iconic tower’s architectural features. The jewel in the crown, so to speak, among these trophy properties is The Pinnacle, a 9,680-square-foot home perched 727 feet above New York City in the building’s famous crown. This lofty residence spans floors 50 to 58, with a 408-square-foot private observatory terrace. Priced at $79 million–a considerable chop from its original price of $110 million when it first arrived on the market in 2017–the peerless penthouse is being offered as a white box, with award-winning architect David Hotson on board to develop the interior design.
Photo of Pavilion A by Travis Mark
More than 100 years after its construction, the Woolworth Building’s transformation into a luxury residential tower is complete. Now, four years after condo sales first launched, there’s an opportunity to live in one of the building’s most unique residences. Developer Alchemy Properties has listed a 29th-floor five-bedroom, called Pavilion A, for $29.85 million, an asking price roughly $3 million less than when the apartment first listed in May. And while the unit’s size and custom features make this apartment special, the setback duplex terrace, which lets you rub elbows with the historic building’s stunning terra-cotta exterior, puts it in another league.
- Yesterday we got a sneak peek at the penthouse floor plan of the Woolworth Building. Now floor plans for several other units have emerged. [TRD]
- New Yorkers are loving Long Island City. Rockrose’s 709-unit, 42-story rental in Court Square is now fully leased. [TRD]
- Sales at 325 Lexington Avenue will launch this fall. [Curbed]
- Arlene Farkas’ duplex at the River House will be auctioned off September 3rd. The co-op board blocked Farkas’ $7.8M sale to a French ambassador, leaving her tied up with $6M in debt. She’s begging lenders to give her 60 days to find another buyer. [NYDN]
- Could this be the site of the Williamsburg Apple Store? [Gothamist]
A Woolworth Building floor plan (left); The rumored Apple Store site (right)
It looks like Alchemy Properties‘ plan to price the penthouse at the Woolworth building for $110 million has been approved by the New York Attorney General’s office, making it one of the most expensive listings to ever hit the downtown market at $11,700 per square foot. According to The Real Deal, who got a first look at the floor plans, the unit will be called the “Pinnacle” and host 9,400 square feet with about 500 square feet of outdoor space.