Dec 23, 2011
Carter's Review
This attractive, 1932 office building was converted to a rental apartment building in 1999 and to a residential condominium in 2007.
Designed by Shreve, Lamb & Harmon, the architects who had designed the Empire State Building a few years before, this 27-story, limestone-clad building has 422 apartments.
The marble lobby contains its original murals by Giancarlo Impligia.
The apartments have beamed, 11- to 14-foot-high ceilings, state-of-the-art wiring, individually controlled heating and air-conditioning, walk-in closets and pass-through kitchens.
The building has 24-hour concierge service, two roof decks, a residents' lounge with a fireplace, a billiards table and a screening room, a fitness center, walk-in closets and a garage with elevator access.
It has three major setbacks that provide terraces. For an additional fee, tenants can use an on-site business center and valet service is available. Some apartments have skylights and residences on the penthouse level have cabanas and a water spa.
The building, which is also known as 1-13 Cliff Street and 26-36 Gold Street, offers its residents complimentary breakfast weekdays in the lobby. It has a curved entrance marquee and high ceilings.
The building is convenient to the Financial District and the South Street Seaport. The neighborhood has good public transportation and a wide variety of shopping.
Avinash Malhotra was the architect for the conversion.
The property is controlled by T. F. Cornerstone, which is headed by K. Thomas Elghanayan and Frederick Elghanayan. They formerly ran Rockrose Associates with their older brother, Henry Elghanayan, and he will continue to run Rockrose Associates. Last year, the family split Rockrose into the two entities.
- Condo built in 1933
- Converted in 2007
- 4 apartments currently for sale ($725K to $1.795M)
- 7 apartments currently for rent ($3.4K to $7.5K)
- Located in Financial District
- 442 total apartments 442 total apartments
- 10 recent sales ($620K to $2.2M)
- Doorman
- Pets Allowed