Tour A Lavish, Alan Tanksley Designed Residence in Woolworth Tower Residences

The Woolworth Tower Residences is a luxurious condo conversion of the 29-58 floors of the iconic Woolworth Building, originally designed by Cass Gilbert in 1913 as a commission from retail magnate F. W. Woolworth. The building was officially inaugurated on April 24, 1913, when President Woodrow Wilson flipped a switch in the White House to illuminate what was then the world’s tallest building. The tower was once the tallest building in the world and referred to as a “Cathedral in the sky." The condo conversion was developed by Alchemy Properties and features 33 luxury condominiums with a private entrance at 2 Park Place. Units range from 1 bedroom units which start at $4.575 million to full-floor residences at $26.4 million. Enjoy the tour of unit 38A, a 3 bedroom residence designed by Alan Taksley which is asking $10.2 million. Woolworth Tower Residences will be ready for occupancy later this year (2017).

Construction Update: One Manhattan Square Nears Halfway Point, On Track for 2019 Completion

Gary Barnett's Extell Development is is a cruising through construction on One Manhattan Square, the 850' residential skyscraper project being developed at 252 South Street. The tower is now close to halfway up and is on track for a 2019 completion. Construction is moving smoothly despite a lawsuit from Con Edison alleging construction on the tower destroyed a nearby steam main and caused $4 million of damage. One Manhattan Square will feature 815 residential units which start at $1.2 million for a 1 bedroom, and range up past $4.4 million for a 3 bedroom in terms of current listings. A duplex has previously sold in the tower for $13 million. The building is designed by Adamson Associates with interior design by Meyer Davis Studio and lush landscaping around the property by West 8. One Manhattan Square features 100,000 SF of indoor and outdoor amenities including a sports club, full court basketball court, bowling alley, squash court, golf simulator, fitness center, spa, tranquility garden, 75' indoor swimming pool, hot tub, wine room with cellar bar and lounge, billiard room, cigar room, children's room, private motor court, and 24 hour doorman and concierge amongst others in this extremely highly amenitiezed building. 

Construction Update: What is Going on at Bizzi & Partners & SHVO's 125 Greenwich Street

Ever since it's confirmation as a supertall, the excitement behind 125 Greenwich Street has been immense. Matched with a tax evasion indictment of developer Michael Shvo, there is just no end to the drama at the Rafael Viñoly designed residential skyscraper. Approvals were granted up to a height of 1,400' before being scaled back to 899' for what was to be Downtown Manhattan's tallest residential tower. Viñoly holds that a reduction in the size was to curtail shadows that would be cast onto the adjacent World Trade Center site. 125 Greenwich Street is being developed by a joint venture between Michael Shvo, Bizzi + Partners Development, and Douglas Elliman founder Howard Lorber’s Vector Group after they purchased the 9,000 SF lot for $185 million in 2014.

Drama hit this past winter (2016, '17), when Michael Shvo was forced to give up control of the $900 million project five months after he was indicted on tax evasion charges related to his extensive art collection. Shvo was indicted by Manhattan District Attorney Cyrus Vance Jr. in January 2017 on charges for criminal tax fraud in the 2nd, 3rd and 4th degrees, among other charges, after repeated failure to file taxes and working to evade the payment of more than $1 million in taxes related to the purchase of fine art, furniture, jewelry and a Ferrari. Bizzi + Partners Development along with Vector Group will complete the project while Douglas Elliman, also controlled by Lorber and Vector Group, will handle sales. The shake-up came after the indictment spooked lenders on the project. Shvo will retain his equity stake with is expected to be around 10% of the project. The projected sellout is $875.35 million. 

When completed, 125 Greenwich Street will stand 899' and feature 273 residential units, covering 360,000 SF. Layouts are offered from studio to 3 bedroom and range in size from 400 SF to 2,500 SF. Units feature interiors by March & White along with limited interior colums. The top 3 floors have been reserved for unique, sky-high amenity spaces with views of the Manhattan skyline. Amenities include a state-of-the-art fitness center, spa, squash courts, conference rooms, library, kitchen, tech bar and "grotto." The bottom 3 floors, including street level, will be retail space. Estimated completion for 125 Greenwich street is 2018.

Tour the Model Units at The Woolworth Tower Residences as Alchemy Properties Continues their Luxury Condo Conversion

Alchemy Properties purchased the top 30 floors of the Woolworth building with the vision of transforming them into 33 loft style condos in the iconic building. The tower was originally completed in 1913 and was at the time the world's tallest building. It was commissioned by F.W. Woolworth and designed by Cass Gilbert, featuring its iconic, terracotta facade which Alchemy Properties invested $22 million to restore. Interior design of the renovation was headed up by Thierry W Despont while model units were designed by Alan Tanksley and Eve Robinson. One-bedroom units start at $4.6 million and full-floor residences start at $26.4 million with the penthouse asking $110 million. Residences start on the 29th floor, providing stunning views of the Manhattan skyline. Amenities include a gym, pool, spa, lounge and a wine cellar with tasting room. 

“Each model has an identity: 38A enhances the history of the building with a deep color palate coupled with a transitional design aesthetic, while 38B is a modern design with pops of color and contemporary art,” said Stan Ponte, who is co-director of sales for The Woolworth and Senior Global Real Estate Advisor at Sotheby’s International Realty. Tour the model units 38A and 38B below.

Unit 38A by Alan Tanksley - 3 bedrooms asking $10.2 Million

Unit 38B by Eve Robinson - 2 Bedroom asking $7.25 Million