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.