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Big Ticket: A Greenwich Village Penthouse for $21.2 Million

By: Vivian Marino
Published: 12/27/2015Source: The New York Times

 

A full-floor penthouse at the Greenwich Lane, a sprawling condominium complex being built on the site of the former St. Vincent’s Hospital campus in Greenwich Village, sold for $21,162,385 and was the most expensive sale of the week, according to city records.

The official closing of PH6B, a sponsor unit with $18,210 in monthly carrying costs, was the second recorded transaction at 140 West 12th Street, between Avenue of the Americas and Seventh Avenue. The first closed sale was another penthouse just above it, PH7B, with 3,977 square feet of interior space and two expansive terraces, that sold for $20.14 million earlier this month.

The recently sold apartment is much larger, at 5,304 square feet, but with no outside space, according to the listing, and includes five bedrooms, five and a half baths, a library, a utility room with a washer/dryer, and an eat-in kitchen with stainless-steel Wolf, Sub-Zero and Miele appliances.

The buyer, identified by the limited liability company GL6B, made the purchase directly through the listing broker, the Corcoran Sunshine Marketing Group, which is handling sales for the development.

The unit’s master suite features two walk-in-closets and a spalike bathroom with a marble mosaic floor and a custom millwork vanity. One of the other four bedrooms, all with en-suite baths, faces the complex’s lush central garden.

The formal garden, with a reflecting pool and limestone benches, was designed by the landscape architect M. Paul Friedberg and Partners, while Thomas O’Brien of Aero Studios was the interior designer. FXFowle, the architect, preserved some of the red brick facades from the original hospital campus to better reflect the neighborhood within the Greenwich Village Historic District.

The building at 140 West 12th is the second of the five condominiums to be completed in the 200-unit Greenwich Lane development by the Rudin family and Global Holdings; five separate townhouses are also planned.

The week’s runner-up, for a total of $17,416,250, was the purchase of two penthouses by the same buyer, who plans to combine them, at 40 East 66th Street near Madison Avenue, a condominium conversion by Vornado Realty Trust of a prewar Rosario Candela-designed building. PHW sold for $10,294,902, according to city records, while PHE sold for $7,121,348. The combined monthly carrying charges are $16,102, according to StreetEasy.com.

Deborah Grubman and David Dubin of the Corcoran Group were the listing brokers and had marketed the units together for $20 million as well as individually. Shely Katri of the Metropolitan Property Group represented the buyer, identified as 40 East 66th LLC.

 

The combined apartments have 4,350 square feet of interior space and a wraparound terrace of nearly 3,000 square feet, according to the listing. There is also a wood-burning fireplace.

Big Ticket includes closed sales from the previous week, in this case, ending Tuesday.

 

Copyright © 2015 The New York Times Company. Reprinted with Permission. Chang W. Lee/The New York Times. 

 

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