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The Woolworth Building's $110 million penthouse could break sales records

Sep 27, 2017, 22:02 IST

Williams New York

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Since 2014, 32 new residential apartments inside the famed Woolworth building in downtown Manhattan have been on the market - however the building's penthouse, named "The Pinnacle," has gone up for sale just this month reports The Wall Street Journal.

With an asking price of $110 million, the Pinnacle could break sales records for downtown Manhattan - which is currently held by a unit inside the Chelsea's Walker Tower that sold for $50.9 million in 2014.

Once the world's tallest building, the 1913 Woolworth is 792-feet - and the Pinnacle takes up its top peak, with 360 views of the city.

The Pinnacle is a 9,710-square-foot apartment that, at the moment, doesn't have a specific floor plan. Ken Horn, president of Alchemy Properties who is working on the project told The Wall Street Journal that its buyer will be able to design the space to their specific needs.

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Williams New York

Alchemy Properties worked on the construction of the penthouse, which needed more windows and airspace in order to meet New York City requirements. After receiving permission from the Landmarks Preservation Commission, six windows were added, others were expanded, and 3,500 pieces of terra-cotta were replaced on the exterior.

The ceilings are up to 24 feet high, and the penthouse residents along with the other units in the building get to enjoy amenities such as a spa, a wine cellar, and fitness studio.

NOW WATCH: You can stay in one of Pablo Escobar's former mansions for $515 a night

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