Paris Forino<\/a>, with five bedrooms, soaring 21-foot ceilings and sweeping views of the Hudson River and Statue of Liberty. A second, even larger unit, measuring more than 8,300 square feet, is expected to launch in the coming weeks asking $32.95 million.<\/p>\nThe pivot wasn\u2019t quick. According to the team, the redesign took years of planning, with construction and design decisions stretching into 2023.<\/p>\n
\u201cWe have been working on this for years, every detail about the floor plan, every hardware design meeting,\u201d Hottinger told The Post. \u201cIt\u2019s been very long to get it to where we are today.\u201d<\/p>\n
The entryway to the newly developed penthouse at One Hundred Barclay. Mr. P Studios<\/p>\n
Agents said the decision reflects stronger demand for fully built-out, move-in-ready luxury homes rather than large, unfinished spaces. Mr. P Studios<\/p>\n
The formal dining space. Mr. P Studios<\/p>\n
What buyers are getting now is a dramatically different product from the earlier iteration. Instead of a blank canvas, the homes are being delivered fully built out, down to the finishes, something agents say is critical at this price point.<\/p>\n
\u201cThe developer wanted to create these incredibly turnkey, very bespoke penthouses,\u201d King-Brown said.<\/p>\n
Inside Penthouse South, the double-height great room is framed by towering arched windows, with gallery-style walls designed for large-scale art. A private loggia, one of the home\u2019s more unusual features, functions as a glass-wrapped indoor-outdoor space with barrel-vaulted ceilings, patterned marble floors and French doors that open like a Juliet balcony.<\/p>\n
\u201cIt\u2019s sort of like a garden Parisian conservatory,\u201d King-Brown said. \u201cThis is something I\u2019ve personally never seen.\u201d<\/p>\n
The apartment is also built for entertaining, with both a main chef\u2019s kitchen and a separate catering kitchen tucked behind the scenes. Upstairs, the nearly 1,000-square-foot primary suite includes dual walk-in closets, a private night kitchen and a spa-style bath with heated floors, a steam shower and a soaking tub.<\/p>\n
The residence is \u201cloft-like\u201d and offers double-height ceilings. Mr. P Studios<\/p>\n
The finished homes emphasize scale and detail, including 21-foot ceilings, oversized arched windows and a private loggia designed as a glass-enclosed, conservatory-style retreat. Mr. P Studios<\/p>\n
The residences also include dual kitchens for entertaining, expansive primary suites and high-end systems such as air purification and humidification, features agents say are rarely seen even in top-tier developments. Mr. P Studios<\/p>\n
Even by luxury standards, the infrastructure leans high-end, with air purification, humidification and advanced climate control systems built in, features that agents say are still rare even in top-tier new developments.<\/p>\n
\u201cStuff that even at the upper echelons of new development, you really don\u2019t see,\u201d King-Brown said.<\/p>\n
After years off-market, the new units are being positioned as relative value plays within the shrinking pool of oversized downtown condos.<\/p>\n
\u201cIf you\u2019re looking in the downtown market right now, you have six penthouses that are over 5,000 square feet in new development,\u201d Hottinger said. \u201cWe have priced these extremely strategically to really undercut all the competitors.\u201d<\/p>\n
Penthouse South is asking roughly $3,600 per square foot, while the larger northern unit is priced just under $4,000 per square foot, figures the team says compare favorably to similar inventory.<\/p>\n
\u201cThe luxury market has honestly never been healthier,\u201d King-Brown said. \u201cWe\u2019re coming on at a really great time.\u201d<\/p>\n
Pricing has been positioned competitively, with agents saying the units are intended to undercut comparable large downtown condos on a price-per-square-foot basis. Mr. P Studios<\/p>\n
One of five full bathrooms. Mr. P Studios<\/p>\n
The primary ensuite bathroom boasts a steam shower, a soaking tub and radiant-heated floors. Mr. P Studios<\/p>\n
The building itself, an Art Deco tower designed in 1927 by Ralph Walker and later converted to condos, is fully sold out aside from resales and offers more than 40,000 square feet of amenities. Google Maps<\/p>\n
The building itself adds another layer of appeal. Originally designed in 1927 by Ralph Walker for the New York Telephone Company, the Art Deco tower, later known as the Verizon Building, was converted to residential use in the 2010s after a $1.4 billion restoration.<\/p>\n
Today, residents have access to more than 40,000 square feet of amenities, including an 82-foot lap pool, spa facilities, a fitness center, a wine room and multiple lounges. The rest of the building is already sold out, with recent resale activity remaining strong.<\/p>\n
\u201cBarclay has two times the amenities than any other building in Tribeca,\u201d King-Brown said.<\/p>\n
At the very top, though, these penthouses are meant to feel less like apartments and more like \u201cprivate estates.\u201d<\/p>\n
\u201cThey\u2019re like homes versus an efficient floor plan that you typically see in a glass building,\u201d King-Brown said. \u201cIt\u2019s a completely different animal.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Call it a split-decision.\u00a0 A long-stalled mega-home at the top of Tribeca\u2019s landmark One Hundred Barclay is getting…\n","protected":false},"author":2,"featured_media":175208,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[2184,14507,68,3001,3002,5151,1023,75,9,24,56,63,65,64,1024,2453,1491,3006,8028,6071],"class_list":["post-175207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-development","tag-downtown","tag-exclusive","tag-luxe-listings","tag-luxe-living","tag-luxury-development","tag-luxury-real-estate","tag-manhattan","tag-new-york","tag-new-york-city","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-penthouse","tag-penthouses","tag-real-estate","tag-residential-real-estate","tag-surreal-estate","tag-tribeca"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/175207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=175207"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/175207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/175208"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=175207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=175207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=175207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}