Living High Up in One of NYC's Most Iconic Buildings
The Woolworth Building. Photo courtesy of angela n.
While DC residents feel lofty in units on the sixth floor, some lucky (and wealthy) New Yorkers will eventually be living 57 stories up in one of Manhattan’s most iconic buildings.
The tower of the Woolworth Building, one of the oldest skyscrapers in the country, is being converted into luxury condos, reported The New York Times recently.
The top 30 stories of the 57-story building will be turned into 40 residential units, with one five-level penthouse. Developers Alchemy Properties are targeting an extremely wealthy customer. According to sources interviewed by the Times, the price per square foot could reach as high as $3,000. The scheduled completion date is 2015.
The Lower Manhattan skyscraper has an old fashioned, neo-gothic look, and was the tallest building in the world when it went up in 1913. As the name indicates, it was owned by Frank Woolworth and was the headquarters of the Woolworth Company, famous for their five-and-dime stores; other tenants have included Columbia Records and NYU’s School of Continuing Studies. The lower floors will continue to be rented out to office tenants.
This article originally published at https://dc.urbanturf.com/articles/blog/woolworth_buildings_tower_to_become_condos/5891.
Most Popular... This Week • Last 30 Days • Ever
It has been a good start to the year for high-priced homes in the DC region.... read »
Roadside Development filed a sketch plan with Montgomery County this month for the 30... read »
The Matthew is located on 9th Street, overlooking the iconic Naylor Court and neighbo... read »
Dan Snyder donates house to charity; DC records priciest building sale since 2022; an... read »
This week's Best New Listings include an award-winning craftsman, a condo in a former... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro