Business: $110 Million Apartment For Sale in NYC Landmark Woolworth Building

A 9700 square foot apartment is for sale in the iconic Woolworth Building in Manhattan.

The penthouse apartment first went on the market in 2014 but there were no buyers.

Then it sold and went on the market again recently.

Asking price: $110 million.

So far, no takers.

The Woolworth Building is a steel and terra cotta structure, built in neo-Gothic style.

It is a national historic landmark created by architect Cass Gilbert.

When it was completed in 1913, it was the world’s tallest building.

The building was turned into 33 residences when it sold for $146 million in 1998.

In 2012, Alchemy bought the top 30 floors for $68 million from Witkoff and Schron’s Cammeby’s International.

Steve Witcoff and Ruby Schron were the 1998 buyers of the building.

Alchemy borrowed $220 million from Overseas Bank Ltd. to finance its residential conversion.

The penthouse in the Woolworth Building has 24-foot ceilings, a private elevator and spans five floors.

It comes with its own private open air that is 727 feet above street level observatory.

Building amenities include a health club and spa with a pool, sauna and a hot tub, a wine cellar, a tasting room — and personal mail delivery.

 

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