May 23, 2017
May 22, 2017
The Puck Building
New York’s luxury real estate became a magnet for megarich transnationals during the credit crisis, and that trend continues even though a billionaire no longer occupies City Hall. Several historic buildings, transformed into best-of-both-world structures with heritage architecture and modern amenities, along with new ground-up projects, are generating interest both here and abroad.
In the former category, the Puck Building penthouses are the buzziest. The first residences coming online include six loft like apartments, ranging in price from $21 to $60 million. Located at 295 Lafayette Street in Nolita, the Puck, now owned by the Kushner family, dates to 1885. Already, celebrities like actor and serial real estate/girlfriend hunter Leonardo DiCaprio and rock royal Jon Bon Jovi have checked out the space. Five of the new residences replace disused offices on the eighth and ninth floors of the building, while the sixth penthouse will be on the Puck’s roof. Two will be duplexes and three will have their own outdoor terraces. The penthouses are marketed by Douglas Elliman’s Raphael De Niro (774 Broadway, 212-460-0655) and Dennis Mangone (575 Madison Ave., 212-418-2060).
Penthouse terrace at 21 West 20th Street
The Flatiron District has a hot new luxury condo project at 21 West 20th Street, designed by David Mann, who was recently named to the AD100, Architectural Digest’s annual listing of the world’s top architects and interior designers. What’s unique about this building, developed by Gale International, is the fact the developer is giving the buyer of the $35 million penthouse input in customizing the space. The unit is being marketed as a made-to-order rooftop triplex, with a 6,910-square-foot interior and 2,648 square feet of outdoor space. Like the Puck penthouses, these floor-through homes are perched atop a restored, landmarks-protected building. Three of the 100-foot-wide penthouses are priced from $13.25 million to $35 million. The least expensive apartment has 4,841 square feet, four bedrooms, four-and-a-half baths, and two outdoor terraces totaling 542 square feet. The exclusive listing broker is Halstead’s Robin Schneiderman (831 Broadway, 212-521-5790).
560 West 24th Street
In Chelsea, developer Adam Gordon, once known as the Baron of Bond Street for successful projects like 54 Bond Street—a luxury condo project in the landmarked, white cast-iron former Bouwerie Lane Theatre—and 92 Jane Street, has launched a ground-up luxury condo at 560 West 24th Street. The 11-story project is being marketed to collectors who want to be in Chelsea’s fashionable art district and in a building designed (with specially reinforced walls) to display their pricey, often overscale purchases. The architect is the formidable Steven Harris, who has worked on many successful collaborations with Gordon in the past. Currently available is an $18 million penthouse duplex that’s a 4,600-square-foot four-bedroom, four-and-a-half-bath dream space with four separate outdoor terraces totaling an extra 1,000 square feet. Additional amenities for collectors include ceilings lined with small white lights to illuminate art, gallery-style tilted walls for art display, and extra storage space for “spillage”—art an owner has no space to hang or pieces temporarily rotated out of a collection. The exclusive listing brokers are Douglas Elliman’s Leonard Steinberg and Hervé Senequier (26 W. 17th St., 212-727-6164).