The peak of the Woolworth Tower, where the past week's top sale is housed (Sotheby's International Realty)
Manhattan Sales:
- For the week ending August 11, 2023, $541,752,176 worth of transactions across 300 condo, condop, and cooperative deals were recorded
- 128 condo sales came to an aggregate price of $354,523,813
- Nine condop sales came to an aggregate price of $16,443,793
- 163 co-op sales came to an aggregate price of $170,784,570
In this article:
If anyone needed further evidence that Tribeca has gone from an empty industrial neighborhood to one of Manhattan's most coveted, last week's top sales would confirm it with three of the top five taking place there. Leading the charge was the Pinnacle Penthouse at The Woolworth Tower Residences, which sold for $30,000,000 – a dramatic discount from its original listing price of $110,000,000, but nevertheless the top sale of the past week. The penthouse was sold in unfinished white box condition to Masterworks executive Scott Lynn, who will likely customize it to make the most of his art collection – when The Wall Street Journal announced the sale, it noted that his collection has included pieces by Jackson Pollock and Willem de Kooning.
The Pinnacle Penthouse is located in the residential conversion of a formerly commercial building, as was the second-highest sale: At 67 Vestry Street, a warehouse turned artists' studio turned 13-unit condominium, Residence #8 closed for $22,100,000. As per the building's offering plan, the full-floor apartment has six bedrooms, five and a half baths, and 5,794 interior square feet. The buyer conducted the transaction through an LLC, as did all parties in the third-highest sale: Residence #44W at 56 Leonard Street, a four-bedroom, four and a half-bedroom condo, sold for $14,600,000.
The top sale outside Tribeca and fourth-highest overall took place at Madison Square Park Tower, where Residence #52AB sold for $14,500,000. Public records identify the buyer of the high-floor four-bedroom as executive Daniel Glaser.
While the Madison Square Park Tower apartment closed for $3 million below when it entered contract in July 2023, the fifth-highest sale came in above ask at $11,534,475. Residence #34A at 200 East 83rd Street, a five-bedroom, five and a half-bath, 3,339-square-foot condo, was originally listed for $11,500,000.
While the Madison Square Park Tower apartment closed for $3 million below when it entered contract in July 2023, the fifth-highest sale came in above ask at $11,534,475. Residence #34A at 200 East 83rd Street, a five-bedroom, five and a half-bath, 3,339-square-foot condo, was originally listed for $11,500,000.
The Woolworth Tower Residences (Sotheby's International Realty)
From the Listing:
For the first time, The Pinnacle Penthouse at The Woolworth Tower Residences is now being offered with the potential for an approved combination of the 49th floor and providing an opportunity for approximately 12,131 interior square feet encompassing the entire crown of this beloved landmark developed by Alchemy Properties.
The Pinnacle Penthouse shall be delivered in designer ready white-box condition. The Pinnacle reaches 727 feet high and offers approximately 9,680 square feet of interior space along with a private 408 square foot observatory terrace. Exquisite highlights include 125 windows, 24-foot ceilings and an in-residence private elevator. Customize this coveted home with magnificent floor plan and interior finish designs from both Thierry W, Despont and David Hotson.
The full 49th floor – Fully built out to Thierry W, Despont’s specifications and design at 623 feet in the sky, is currently a 2 bedroom and 2.5 bathroom home offering breathtaking city and river views. Enter directly off a private key-locked elevator into a gracious entrance gallery before enjoying 2,451 square feet of interior space with over 9-foot ceilings and four open exposures. The acquisition and combination of these last two remaining homes has been called, “One of the last great unclaimed spaces in New York City.”
For the first time, The Pinnacle Penthouse at The Woolworth Tower Residences is now being offered with the potential for an approved combination of the 49th floor and providing an opportunity for approximately 12,131 interior square feet encompassing the entire crown of this beloved landmark developed by Alchemy Properties.
The Pinnacle Penthouse shall be delivered in designer ready white-box condition. The Pinnacle reaches 727 feet high and offers approximately 9,680 square feet of interior space along with a private 408 square foot observatory terrace. Exquisite highlights include 125 windows, 24-foot ceilings and an in-residence private elevator. Customize this coveted home with magnificent floor plan and interior finish designs from both Thierry W, Despont and David Hotson.
The full 49th floor – Fully built out to Thierry W, Despont’s specifications and design at 623 feet in the sky, is currently a 2 bedroom and 2.5 bathroom home offering breathtaking city and river views. Enter directly off a private key-locked elevator into a gracious entrance gallery before enjoying 2,451 square feet of interior space with over 9-foot ceilings and four open exposures. The acquisition and combination of these last two remaining homes has been called, “One of the last great unclaimed spaces in New York City.”
4 Available Listings for Sale from $3,195000
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67 Vestry Street (The Corcoran Group)
From the Listing:
This magnificent full floor spans 5,794 square feet and enjoys light and views in 4 directions, including over 75 feet of direct Hudson River frontage. This home boasts 20 windows, 16 of which are wood-framed, highly engineered, large-scaled Albertini tilt & turn windows from Italy that enjoy full- or partial- Hudson River views. East and south facing bedrooms have oversized loft-style casement windows. Beamed ceilings are as high as high as 10’ 4". The loft offers a dramatic corner great room (one of the all-time Tribeca greats!) with over 1,500 square feet of living-entertaining space, and includes a custom gas fireplace with stone surround, and huge eat-in kitchen-living room with 3 large windows. The kitchen is appointed with brushed oak millwork, thick-slab Pentelico marble countertops with honed finish, a LaCanche range custom made in France, and a suite of Miele appliances. The range hood is fully vented to the outside. The residence has 6 bedrooms, 5-full bathrooms, a Blu de Savoie clad powder room, and a laundry room with sink. The super-luxurious primary suite faces the Hudson River, has 3 walk-in closets, and an over-sized spa-like bathroom with floor-to-ceiling Paonazzozetta honed marble slab walls and floors, a 6-foot Water Monopoly soaking tub, and large shower. Dornbracht fittings throughout and digitally-controlled radiant in-floor heating. Secondary bathrooms are clad in Bianco Dolomiti marble walls and have mosaic tile floors.
This magnificent full floor spans 5,794 square feet and enjoys light and views in 4 directions, including over 75 feet of direct Hudson River frontage. This home boasts 20 windows, 16 of which are wood-framed, highly engineered, large-scaled Albertini tilt & turn windows from Italy that enjoy full- or partial- Hudson River views. East and south facing bedrooms have oversized loft-style casement windows. Beamed ceilings are as high as high as 10’ 4". The loft offers a dramatic corner great room (one of the all-time Tribeca greats!) with over 1,500 square feet of living-entertaining space, and includes a custom gas fireplace with stone surround, and huge eat-in kitchen-living room with 3 large windows. The kitchen is appointed with brushed oak millwork, thick-slab Pentelico marble countertops with honed finish, a LaCanche range custom made in France, and a suite of Miele appliances. The range hood is fully vented to the outside. The residence has 6 bedrooms, 5-full bathrooms, a Blu de Savoie clad powder room, and a laundry room with sink. The super-luxurious primary suite faces the Hudson River, has 3 walk-in closets, and an over-sized spa-like bathroom with floor-to-ceiling Paonazzozetta honed marble slab walls and floors, a 6-foot Water Monopoly soaking tub, and large shower. Dornbracht fittings throughout and digitally-controlled radiant in-floor heating. Secondary bathrooms are clad in Bianco Dolomiti marble walls and have mosaic tile floors.
56 Leonard Street (Compass)
Madison Square Park Tower, #52AB (The Corcoran Group)
From the Listing:
Residence 52AB is a spectacular 5,866-square-foot duplex, offering four bedrooms, four and one-half bathrooms and unparalleled 360-degree views of New York. A private elevator landing opens into a gracious foyer that leads to a dramatic fifty-one-foot great room with sweeping views to the north, south, and west. Perfect for large-scale entertaining, the great room provides ample space for multiple seating areas, as well as a dedicated wet-bar, and a separate butler’s prep pantry. The windowed social kitchen is open to the great room, with an oversized breakfast bar, plentiful cabinet space and a full suite of chef’s grade appliances.
Opposite the living space, there are three generously proportioned guest bedrooms, as well as three full bathrooms, a windowed laundry room and multiple storage closets. Tucked away on the upper level of the home, the primary suite includes a corner, south and east facing bedroom, a cavernous windowed walk-in closet, and a luxurious bathroom with an oversized shower, double vanity, radiant heated floors, and a free-standing soaking tub.
Residence 52AB is a spectacular 5,866-square-foot duplex, offering four bedrooms, four and one-half bathrooms and unparalleled 360-degree views of New York. A private elevator landing opens into a gracious foyer that leads to a dramatic fifty-one-foot great room with sweeping views to the north, south, and west. Perfect for large-scale entertaining, the great room provides ample space for multiple seating areas, as well as a dedicated wet-bar, and a separate butler’s prep pantry. The windowed social kitchen is open to the great room, with an oversized breakfast bar, plentiful cabinet space and a full suite of chef’s grade appliances.
Opposite the living space, there are three generously proportioned guest bedrooms, as well as three full bathrooms, a windowed laundry room and multiple storage closets. Tucked away on the upper level of the home, the primary suite includes a corner, south and east facing bedroom, a cavernous windowed walk-in closet, and a luxurious bathroom with an oversized shower, double vanity, radiant heated floors, and a free-standing soaking tub.
200 East 83rd Street (Compass)
From the Listing:
200 East 83rd street is a distinctive residential tower designed by Robert A.M. Stern Architects as a celebration of the architectural romance of the Upper East Side. Robert A.M. Stern and his partners crafted the building’s elegant silhouette, keeping with the Upper East Side’s classical tradition but at heights that are truly new and modern. The building offers expansive views to Central Park, the Midtown skyline, and the rivers and is moments from the city’s finest cultural institutions, parks, shopping, and dining. Wildflowers that were native to the area are carved into 200 East 83rd Street’s limestone façade. Sculpted railings echo the street’s tree-lined greenery while large-scale windows, fine ironwork, and monumental arches soar toward the building’s iconic crown.
The residences are graceful yet modern, honoring classicism with a fresh approach. Abundant light streams in, complementing the tailored interiors by award- winning designer Rottet Studio. The commitment to design excellence can be felt in each room and at every opportunity – especially in the kitchen – state- of-the-art technology and beautiful craftsmanship are married. Primary bathrooms feature a fresh, bright palette, complemented by elements of warm wood cabinetry. A rain shower, deep soaking tub and heated floors infuse every day with an air of luxury.
200 East 83rd street is a distinctive residential tower designed by Robert A.M. Stern Architects as a celebration of the architectural romance of the Upper East Side. Robert A.M. Stern and his partners crafted the building’s elegant silhouette, keeping with the Upper East Side’s classical tradition but at heights that are truly new and modern. The building offers expansive views to Central Park, the Midtown skyline, and the rivers and is moments from the city’s finest cultural institutions, parks, shopping, and dining. Wildflowers that were native to the area are carved into 200 East 83rd Street’s limestone façade. Sculpted railings echo the street’s tree-lined greenery while large-scale windows, fine ironwork, and monumental arches soar toward the building’s iconic crown.
The residences are graceful yet modern, honoring classicism with a fresh approach. Abundant light streams in, complementing the tailored interiors by award- winning designer Rottet Studio. The commitment to design excellence can be felt in each room and at every opportunity – especially in the kitchen – state- of-the-art technology and beautiful craftsmanship are married. Primary bathrooms feature a fresh, bright palette, complemented by elements of warm wood cabinetry. A rain shower, deep soaking tub and heated floors infuse every day with an air of luxury.
1 Available Listing for Rent for $27,000/month
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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