Boldly described by developers Alchemy Properties as “the most extraordinary penthouse in Tribeca’s history,” a six-storey penthouse in what was the tallest building in the world between 1912 and 1930 has had its price slashed from £83.9 million ($110 million, €98.2 million or درهم404 million) in 2017 to £60.3 million ($79 million, €70.6 million or درهم290.1 million).
Situated within the Woolworth Building at 233 Broadway that was designed by the architect Cass Gilbert and built between 1910 and 1912, the space offered takes the form of an octagonal pyramid and was originally used as an observatory deck. Some 300,000 people visited annually, but after the Pearl Harbour attack it was closed as a “security measure” in 1941.
Consisting currently of a 9,860 square foot “white box” that is 636-foot to 727-foot above the ground, this “castle in the sky” includes a 408 square foot roof terrace and comes with access to the building’s amentities. They number a full-time concierge, a 24-hour doorman, a fitness centre with a 50-foot lap pool, a wine cellar and tasting room.
Originally the headquarters of Frank W. Woolworth, a businessman who founded a chain of popular five-and-ten-cent stores, the top thirty floors were sold to a developer in 2012 for conversion from office to residential. In the time since, sales have been slow and as of February this year only three of the thirty-one condos created have sold.