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.
Woolworth Tower Residences
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.
Image courtesy of Michael Vadon’s Flickr
In 2010, Lower Manhattan was still deeply scarred by the attacks of 9-11. With much of the neighborhood under construction, a high vacancy rate, and few full-time residents, walking around the area, especially outside business hours, often felt like walking through a ghost town. It was, in many respects, a neighborhood in waiting.
Since 2011, which marked the opening of the 9/11 Memorial—and the symbolic end of the neighborhood’s long period of recovery from the 9/11 attacks—Lower Manhattan has undergone a transformation that is difficult to ignore. New businesses have opened, new residential developments have launched, the vacancy rate has drastically declined, and in many respects, an entirely new neighborhood has taken shape.
Jay Wright, founder and CEO of The Wright Fit, a gym design and management consultancy, is behind many of the gorgeous gyms in high-end NYC residential buildings, from 15 Central Park West to 56 Leonard. The Wright Fit has a very specific philosophy that guides their design and programming for their clients’ facilities. “That philosophy is called centerpoint strategy. The goal of is to create balance, functional longevity, and optimal quality of life for our clients and the residents of the building. We are trying to get people off of fixed path motion machines, where the actual machines define the path of motion, and teach people about their bodies. We like to challenge people to evolve their way of thinking.”
Wright says that time and proximity are the biggest barriers to working out. By creating gorgeous gyms in residential buildings, those two barriers are eliminated. So if you live one of these buildings with amazing gyms, let us envy you as you run down the stairs (forget the elevator) and start sweating. Ahead, we’ve rounded up the 15 best residential gyms that are getting New Yorkers’ heart rates pumping.
Rendering of the Pinnacle via Williams New York
When the neo-Gothic Woolworth Building was erected in 1913 as the world’s tallest building, it cost a total of $13.5 million. Now, 104 years and a partial condo conversion later, its massive, seven-story penthouse has hit the market for an exorbitant $110 million. The Wall Street Journal first got wind of the not-yet-public listing, which could be the most expensive sale ever downtown, far surpassing the current $50.9 million record at Chelsea’s Walker Tower. Dubbed the Pinnacle for its location in the 792-foot tower’s iconic green copper crown, the penthouse will encompass 9,710 square feet and boast a private elevator, 24-foot ceilings, a 400-square-foot open observatory, and views in every direction, from the World Trade Center to New Jersey to the East River.
It’s that time of year when we take a look back at the biggest stories of the year and look ahead at what’s to come. And if 2014 was the year of the ultra-luxury listing, 2015 shows no sign of cooling down.
This past year saw major increases from 2013, with $16.8 billion in residential sales, over 17 percent of which was accounted for by purchases over $10 million. Plus, the top 25 sales of the year all closed for over $25 million. News of big sales at One57 will likely continue, with 520 Park Avenue vying for the title of most-talked-about building. We’ll also start hearing more from 30 Park Place, 432 Park Avenue, and the Woolworth Residences. To help you visualize all of these high-rolling record setters and predictions, the folks at CityRealty have put together some handy charts and infographics.
There is no shortage of towers on the rise in Manhattan, but amongst these glass and stone beauties are a handful that stand head and shoulders (and several hundred feet) above the rest. A red hot real estate market and cutting edge building technology have paved the way for towers of both unprecedented heights and prices. But worthy of equal credit are the visionary developers and architects who dare to change the NYC skyline.
Here we’ve handpicked 12 of the most newsworthy buildings of 2014; these towers boast groundbreaking designs and record-breaking (or soon to be record-breaking) prices. But we ask you: Out of the dozen, which deserves the title “Building of the Year?” Cast a vote above to help us decide which is 2014’s most important tower!
Extended by popular demand… Voting ends
TODAY, December 12th at 11:59 PM WEDNESDAY, December 17th at 11:59 PM and we’ll reveal the winner on Friday, December 19th. And if you’re still torn between two (or all), jump ahead for the low-down on each, from height to 2014 news highlights.
Rendering of unit 31A terrace
The Post has profiled unit 31A, a four-bedroom, full-floor unit on the market for $26.4 million. And along with a written description–“a kitchen with all the modern conveniences, a massive formal dining room, hidden bars, a library and…two terraces to enjoy the view from 31 stories up”– come two new renderings, those of the terrace and the kitchen.