What’s it like to wake up in the most unique apartment in New York City? For the price of $19.25 million, you might have a chance to find out.
This penthouse sits atop 108 Leonard Street, a landmark Tribeca condominium developed by Elad Group, marketed by Douglas Elliman Development Marketing and redesigned by Jeffrey Beers International.
This triplex apartment features 8,770 square feet of indoor space with five bedrooms, five bathrooms, and two powder rooms. It also boasts an impressive 3,082 square feet of outdoor terraces, including a wraparound deck at the very base of the clock.
There’s also a private internal elevator and circular staircase that serves both duplex floors and the clock tower base.
“As you ascend level by level, new experiences sort of unfold as you go up,” Tim Rooney, partner at Jeffrey Beers International, tells CNBC Make It. “We drew a lot of inspiration from that Clocktower penthouse for the whole building itself.”
One of the key design features is a staircase that leads to the base of the clocktower.
Evan Joseph
The clock remains fully functional after being electrified in 2023.
The penthouse was originally the New York Life Insurance headquarters. Before it hit the market in April for $19.25 million, it had never been listed. It recently entered into a contract, although representatives for the Elad Group stated to CNBC Make It via email that they had no comment on the identity of the buyers or final sale price.
The clocktower penthouse was first designed in the late 1800s by McKim, Mead & White. It is part of the iconic Gilded Age architecture in New York City and was designated a landmark in 1987.
The top terrace features hand-carved eagles and gargoyles and offers panoramic views from the Empire State Building to the East River.
“We thought of the concept of a modern insertion inside a classic shell. We wanted to preserve some of the details, like those soaring ceiling heights and things you can’t get in a new build today,” Rooney says. “We wanted it to be so in a way it had a slightly more modern profile so it felt a bit updated but still embraced that sort of classic language.”
The penthouse is 8,770 square feet indoors and has 3,082 square feet of terraces.
Evan Joseph
108 Leonard Street offers an array of amenities, including a drive-in motor reception with private valet parking, multiple lobbies, a fitness center, a 75-foot lap pool, and a children’s playroom.
The sale of the clocktower penthouse comes 12 years after developers Elad Group and the Pebbles Corporation bought the building in 2013 from the Bloomberg mayoral administration for $160 million. They transformed the 19th-century palace into 152 condominiums.
The clocktower was designated a landmark in 1987.
Evan Joseph
When Rooney first saw the finished clock tower penthouse, he says he was still taken aback, even after creating the renderings and envisioning what the space would look like.
“The scale of the clock tower, the soaring ceiling heights and the staircase going up to the upper level was really a surprise to me,” he says.
“Even though you do render it and design it, it was just so impressive with the amount of light pouring into the space with those giant windows. You really feel the scale and it was so special.”
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