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Penthouse Saga Ends at $16.2M | Real Estate News
Description
A historic downtown penthouse—once part of the iconic New York Life Insurance building—just sold for $16.2 million, marking a triumphant close to a multi-deal saga. Spanning nearly 8,800 sq ft across three floors, this triplex boasts five bedrooms and five baths, and is now owned by a family thrilled to be its custodians. The property, which first listed at $19.3 million, saw two failed deals before closing. The building’s legacy includes celebrity buyers like Nicole Kidman and Keith Urban, Tom Clancy’s widow, and Sabrina Carpenter. With only three units left—two $5M three-bedrooms and a $2M one-bedroom—developers are still offering access to this luxury landmark, which began as a $160M city purchase and featured a dramatic legal battle to preserve the original clock mechanism. Amenities include a pool, gym, and rooftop garden.
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