Hotelier and developer Ian Schrager is looking to sell his 160 Leroy Street - a downtown Manhattan condo his company is developing - penthouse unit for $75 to $80 million, after deciding to buy a condo unit on the building's 12th floor for $15 million.
As it turns out, the Herzog & de Meuron-designed building (photo rendering here) has already sold more than half of its units, with its buyers including Schrager himself.
According to the New York Post, the Studio 54 co-founder revealed that he would be buying a unit on the 160 Leroy Street building's 12th floor "for around $15 million."
The penthouse suite is definitely lavish (it has a private rooftop pool and private elevator!), based on the Wall Street Journal's description:
"With views of the Hudson River and the city, the roughly 12,200-square-foot, five-bedroom penthouse now under construction encompasses the entire roof of the unusual, undulating building. The master suite will have an office and 'private training studio' with a separate entrance. The unit will have three wood-burning fireplaces as well as three kitchens: a 'social kitchen' to entertain, an adjacent 'chef's kitchen' for the cooking and a third on the private rooftop terrace."
Not only that, but a spiral staircase in the suite also allows guests access to a 7,369 square foot terrace, where the 31-foot-long private pool and powder room resides.
The building's amenities include a landscaped courtyard, a fitness center, and a 70-foot-long pool. The condominium's residents will also be entitled to hotel services provided by 215 Chrystie Street, a condo and hotel developed by Ian Schrager.
The building is definitely unique, as its curved walls provide a different aesthetic to the structured four-building walls typically seen in New York City.
"We were warned against the curve," given that curved walls could pose a difficult challenge for interior design, as said by Schrager. "But I think it kind of embraces you when you walk in, and makes it special."
160 Leroy Street is slated to see its completion next year. The building's brokers are Madeline Hult Elghanayan, Kirk Rundhaug, Lauren Muss, and Dennis Mangone of Douglas Elliman.
Ian Schrager is also known for developing the Gramercy Park Hotel, and several residential developments like 40 Bond Street, where he currently resides.
