The Woolworth Tower Residences
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The Woolworth Tower Residences

2 Park Place
Condo in Tribeca
View the CityRealty Profile of The Woolworth Tower Residences
August 7, 2023

Once listed for $110M, Woolworth Building penthouse sells for $30M

Six years and an $80 million price cut later, one of New York City's most iconic penthouse properties has found a buyer. The Woolworth Building's seven-story penthouse has sold for $30 million, not even a third of the original $110 million asking price. According to the Wall Street Journal, Scott Lynn, chief executive of Masterworks, an online art-investment service, is the buyer. After hitting the market for the jaw-dropping price in 2017, the penthouse, known as the Pinnacle, saw several price chops in recent years and was last publicly listed for $59 million, according to CityRealty.
Get the details
August 31, 2022

Your guide to the Financial District, NYC’s oldest new downtown neighborhood

Located at the southernmost part of lower Manhattan–and at the center of the global financial universe–New York City's Financial District in many ways represents New York City to the world. Encompassing the area south of City Hall Park, with the corner of Wall and Broad Streets as its center, this bustling grid of streets is also a waterfront neighborhood, surrounded by New York Harbor and the East River. As a backdrop, the towering masts of South Street Seaport's tall ships recall the maritime history of the city's earliest days. The business of finance is still anchored here, but as with all New York City neighborhoods, change is around every corner, and the number of residents who call this downtown district home continues to grow.
What to do and see, and where to live in Fidi
October 20, 2021

Live in the Woolworth Tower apartment seen on ‘Succession’ for $23M

The palatial residence perched on the 29th floor of Downtown Manhattan's iconic Woolworth Building is unique enough as it is. Now, Pavilion A at The Woolworth Tower Residences at 2 Park Place has the additional status of having been recently featured in the season three premiere of  HBO's Succession. Two years ago, 6sqft reported the apartment's listing for $29.85 million–about $3 million less than when it made its debut. In addition to its star turn on the Emmy-winning drama, the five-bedroom, four-and-a-half-bath duplex has been discounted 30 percent to $23.355 million.
See more of the film-worthy Pavilion residence, this way
June 29, 2020

13 things you didn’t know about the Woolworth Building

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.
Find the city's history in the Woolworth Building
June 18, 2020

$16M Woolworth Tower condo has 22-foot ceilings and World Trade Center views

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.
See more of this updated deco trophy pad
November 1, 2019

New renderings show $79M penthouse in the Woolworth Building’s famous crown

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.
See more possibilities for The Pinnacle
October 21, 2019

Live in the ‘pavilion’ apartment at the historic Woolworth Building for $30M

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.
See inside
October 4, 2018

10 of NYC’s most impressive Terra-cotta buildings

Terra-cotta, Latin for "fired earth," is an ancient building material, made of baked clay, first used throughout early civilizations in Greece, Egypt, China the Indus Valley. In more modern times, architects realized that "fired earth" actually acts as a fire-deterrent. In the age of the skyscraper, terra-cotta became a sought-after fire-proof skin for the steel skeletons of New York’s tallest buildings. In the early part of the 20th century, the City’s most iconic structures were decked out in terracotta. You’ll find terra-cotta on famous facades from the Flatiron to the Plaza, but the material often flies under the radar of pedestrians and architecture buffs alike because it can mimic other materials, like cast-iron or carved wood. Now, this long-underappreciated material is getting its due. On October 24th, the Historic Districts Council will present its annual Landmarks Lion Award to the terra-cotta firms Boston Valley Terra Cotta and Gladding, McBean, which work to keep terra-cotta alive worldwide, and to the preservation organization Friends of Terra Cotta, which has worked to preserve New York’s architectural terra-cotta since 1981. The ceremony will take place at Grand Central’s Oyster Bar, under the magnificent Guastavino terra-cotta ceiling recently restored by Boston Valley Terra Cotta. Fired up about finding “fired earth” around town? Here are 10 of the most impressive examples of New York terra-cotta!
Learn more about New York's Terra Cotta Treasures
September 11, 2018

Dawn of a new Downtown: The transformation of Lower Manhattan since 9/11

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.
The dawn of a new Downtown
July 19, 2018

Join Untapped Cities for two insider tours of the Woolworth Building

After its iconic neo-Gothic architecture and copper crown, the Woolworth Building is known by New Yorkers for being off-limits to the public, but Untapped Cities is your source to get inside the landmark. Next week, they'll be hosting their uber-popular Special Access tour, which takes guests into the spectacular “cathedral-esque” lobby and mezzanine, as well as the cellar level with its abandoned bank vault and subway entrances. You'll learn about the building's history, restoration, and incredible interior Art Deco architecture. And for those true history buffs, next month they'll offer a VIP version of this tour with building architect Cass Gilbert’s great-granddaughter, Helen Post Curry.
SIGN UP FOR THE TOURS HERE!
April 12, 2018

The 15 best gyms in NYC residential buildings

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.
Check out our list without breaking a sweat
September 20, 2017

Massive penthouse in the Woolworth Building’s iconic copper ‘Pinnacle’ lists for $110M

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.
More details ahead
April 18, 2016

Skyline Wars: In Lower Manhattan, A New Downtown Is Emerging

Carter Uncut brings New York City’s latest development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter brings us his fourth installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter looks at the evolution of the Lower Manhattan skyline. Lower Manhattan at the start of the Great Depression was the world’s most famous and influential skyline when 70 Pine, 20 Exchange Place, 1 and 40 Wall Street, and the Woolworth and Singer buildings inspired the world with their romantic silhouettes in a relatively balanced reach for the sky centered around the tip of Lower Manhattan. Midtown was not asleep at the switch and countered with the great Empire State, the spectacular Chrysler and 30 Rockefeller Plaza but they were scattered and could not topple the aggregate visual power and lure of Lower Manhattan and its proverbial “view from the 40th floor” as the hallowed precinct of corporate America until the end of World War II. The convenience and elegance of Midtown, however, became increasingly irresistible to many.
More on the the history of Lower Manhattan and what's in store
January 1, 2015

Looking Back and Forecasting What’s to Come in the 2015 NYC Real Estate Market

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.
Check out the year in review and 2015 predictions here

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