At this point, the record breaking sales of luxury apartments in Midtown are not really news. As the towers rise higher, so do the prices. This has been the trend for quite some time and it shows no signs of slowing down. With that said, did you hear about the one Downtown? Bloomberg reported that the nine-story penthouse at Cass Gilbert’s Woolworth Building is expected to be listed for $110 million. The top 30 floors of the tower are currently being converted into luxury apartments, but the penthouse is quite literally Woolworth’s crown jewel—and it is priced as such.
The Woolworth Building just a few short blocks from Zuccotti Park—the spiritual home of the Ocuppy movement—was itself bathed in radical red last night to celebrate the iconic “red” work of Barbara Krueger and Bernard Tschumi. The two celebrated figures were being honored by the Storefront for Art and Architecture at their annual Spring fundraiser.