As a landmark of New York City and a monument of a stunning architectural era, it’s no wonder that the meticulously restored and transformed Woolworth Tower Residences has officially sold out. That’s right, the last unit has been snatched up and it was the crowning penthouse.
While each unit within the building is a showstopper, the Pinnacle Penthouse is truly the icing on the cake. It seems only right that it was the last one to sell for this exceptional project, closing for $30 million. Though it is a jaw-dropping sum, it’s nowhere near the $110 million price tag it had when it was first listed years ago.
From the outside of the Woolworth Building, there is an immediate opulence and stature harkening to Old New York glamour. Characterized by its high-flying details, its topping green hue may seem familiar—perhaps to the Statue of Liberty? That’s correct, and the same restoration expert who restored Lady Liberty was tapped to revitalize the Woolworth Building: Thierry W. Despont. He took into account the rich history behind the original construction, pioneered by Frank W. Woolworth and Cass Gilbert, and its neo-Gothic features and gargoyles retain an ageless sophistication. Sadly, this ended up being one of Despont’s last major New York City projects. The renowned architect passed away last weekend at age 75.
Now more than ever, the Woolworth Building Despont so carefully restored and this two-story penthouse he created is a tribute to his skill and care as an architect. Careening up and up, the penthouse reaches over 727 feet high, reminding inhabitants that the Woolworth Building was deemed the tallest building in the world when it was built in 1913 until 1930.
While the modern, geometrically stunning penthouse can be completely customized still, here are a few major details to get the ball rolling. It boasts over 12,000 square feet with soaring ceilings, a custom kitchen with Dada Cabinetry by the Molteni Group, and light-filled spaces with endless avenues for interior decor. The Wall Street Journal reports that the buyer is Scott Lynn, a chief executive of online art investment platform Masterworks.
Alchemy Properties partnered with Sotheby’s International Realty on the listing.
