I recently visited my friend and fellow Hopkins alumna Jill Preschel for a tour of the Woolworth Tower Residences atop the iconic Woolworth Building. Jill is the Senior Sales and Marketing Director for Alchemy Properties and it was a treat touring the site and sales gallery with her.
The Woolworth Building is my favorite skyscraper in lower Manhattan and it's a National Landmark. The building was commissioned by F.W. Woolworth of five-and-dime fame and designed by renowned architect Cass Gilbert. It was famously the tallest structure in the world at the time of completion in 1913. Alchemy Properties is currently converting the top of the skyscraper, starting at floor twenty-nine, into thirty-four private condominium residences. Available residences range from one bedroom apartments priced at $4,575,000 to the eight-story, five and a half floor “Castle in the Sky” penthouse priced at $110,000,000. Notably, the penthouse has the highest ever asking price for a condominium in downtown Manhattan.
We began by visiting the 40th floor construction site where I was impressed by the stunning views. I also loved seeing the terra cotta façade details outside the windows, which I had never noticed from ground level. The conversion includes a restoration of the terra cotta façade and the installation of Landmarks Commissioned approved new windows inspired by Cass Gilbert’s original design, which will add light and views to the residences.
Next we visited the sales gallery, which features a model two-bedroom apartment. The apartment interiors were designed by the Office of Thierry W. Dupont, who also oversaw the restoration of the Statute of Liberty and Claridge’s London hotel, and the ongoing restoration of the Ritz Paris. The apartment's dark herringbone oak floors, custom ceiling trims and cornices, and solid maple panel doors gave it a very historic feel.
The sales gallery also includes a preview of the Woolworth Tower Residence’s private lobby, which will be located at 2 Park Place, right off City Hall Park. The lobby will feature the original coffered ceiling that is being meticulously restored and relocated from the late F.W. Woolworth’s personal office. The Woolworth Tower Residences will also have private high-speed elevators.
The Woolworth Tower Residences will feature a 24-hour doorman, full-time on-site concierge, and personal mail delivery. Other exclusive amenities for residents include an entertainment lounge, a personal fitness studio, a pool, and a wine cellar with private wine storage for each residence.
The Woolworth Tower Residences are expected to be completed in 20-24 months. I can't wait to see the Residences when they are done, especially the eight-story penthouse!