443 Greenwich Street

Last updated
443 Greenwich Street
443 Greenwich Street
General information
StatusComplete
Address443 Greenwich Street
Town or city New York City
CountryUnited States
Coordinates 40°43′23″N74°0′33″W / 40.72306°N 74.00917°W / 40.72306; -74.00917 Coordinates: 40°43′23″N74°0′33″W / 40.72306°N 74.00917°W / 40.72306; -74.00917
Completed1882;139 years ago (1882)
Renovated2016;5 years ago (2016)
Technical details
Floor count7
Design and construction
Architect Charles C. Haight (original)
CetraRuddy (renovation)
Christopher Peacock (kitchens)
HM White (courtyard)
Known for Celebrity residents
Website
443greenwich.com

443 Greenwich Street is a residential building on Greenwich Street in Tribeca, Manhattan. It is a former book bindery that was converted to for-sale apartments in 2014-2016. It has been referred to as "the most star-studded building" [1] due to its notable residents including Jennifer Lawrence, The Weeknd, Jake Gyllenhaal, Meg Ryan, Harry Styles, Justin Timberlake, Jessica Biel, Blake Lively, Ryan Reynolds, Lewis Hamilton, Rebel Wilson, and Marc Lore. It is attractive to celebrities due to its privacy, including a paparazzi-proof motor court and elevators that have been programmed to ensure homeowners will never ride with a neighbor. [2]

Contents

Design

Every apartment has white oak floors and 150-year-old Carolina yellow pine beams from the original building construction. This type of wood is no longer available because the trees were completely deforested in the 19th century. [3]

The building also includes a 75-foot lap pool, a gym, a yoga studio, and a spa. The fitness area has a locker room and a children’s play room that is decorated with fake grass and colorful patterns. Although each unit has a 77-bottle wine storage, the building also has a central wine cellar. [3]

History

The building, designed by Charles C. Haight, was constructed in 1882 as a book bindery. It later housed a glass company, a wool manufacturing company, and a drug company. [3]

In 2006, Shahab Karmely acquired the building for $114 million, including an $85 million loan from Anglo Irish Bank and a $20 million loan from Israeli investment firm W-D Group. [4] The developer negotiated with the New York City Landmarks Preservation Commission on the terms of the renovation of the building into a 118 room hotel and 40 apartment units. [5] The renovation stalled and the lenders filed to foreclose on the property but, in February 2011, the developer filed a lawsuit to stop the proceedings. [6]

In 2012, the building was acquired by developer Metro Loft, led by Nathan Berman, for $150 million, with financing from an unidentified Russian billionaire. [4] [7] In 2013, a loan was obtained from UBS, which was refinanced in October 2014 with a $115 million loan from Deutsche Bank. [8]

Beginning in 2014, the building was renovated into apartments designed by architect CetraRuddy. [7] [9] The renovation project was budgeted to cost $300 million. [7]

The property received a certificate of occupancy in May 2016. [10] The first residential condominium sales closed in August 2016. [11]

Residents

In 2016, former One Direction singer Harry Styles paid $8.71 million for a unit in the building. [12]

In late 2016, Mike Myers purchased a 4,241 square foot unit in the building, although he never lived in it, and quickly sold it for a $675,000 loss. [13]

In early 2017, Jennifer Lawrence purchased a unit in the building for just over $9 million. [14]

In March 2017, Formula One driver Lewis Hamilton purchased a unit in the building. [15]

In May 2017 Justin Timberlake, and his wife, Jessica Biel, paid $20.2 million for a 5,375 square foot penthouse unit in the building. [16]

In June 2017, Jake Gyllenhaal paid $8.63 million for a unit and Meg Ryan paid $9.39 million for a unit. [1]

In July 2017, Rebel Wilson paid $2.953 million for a 1,343 square foot unit in the building. [17]

In April 2018, Marc Lore, founder of Jet.com and Diapers.com and a Walmart executive, paid $43.79 million for an 8,569 square foot penthouse unit in the building. [18]

Since late 2018, The Weeknd has rented a penthouse unit in the building for $60,000 per month. [19]

Blake Lively and Ryan Reynolds have also purchased units in the building. [3]

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References

  1. 1 2 Halberg, Morgan (June 22, 2017). "Jake Gyllenhaal Is Moving Into the Most Star-Studded Building". The New York Observer .
  2. ↑ Hopkins, Kathryn (November 10, 2017). "Manhattan's Most Celebrity-Filled Apartment Blocks". Women's Wear Daily .
  3. 1 2 3 4 CALFAS, JENNIFER (August 9, 2017). "Inside the Celeb-Filled Apartment Building Where Harry Styles and Jennifer Lawrence Live". Money .
  4. 1 2 "Metro Loft acquires stalled Tribeca conversion site". The Real Deal .
  5. ↑ "Landmarks sends developer back to drawing board". AM New York Metro . May 3, 2007.
  6. ↑ Jones, David (February 11, 2011). "Anglo, Israeli firm face $40M suit in Tribeca foreclosure dispute". The Real Deal .
  7. 1 2 3 Hughes, C. J. (September 19, 2014). "The Fresh-Air Amenity". The New York Times .
  8. ↑ Barbarino, Al (October 22, 2014). "Deutsche Bank provides $115m on TriBeCa condo conversion". Real Estate Capital.
  9. ↑ RUHLING, NANCY A. (February 26, 2019). "Largest Penthouse in Star-Studded 443 Greenwich Lists for $57 Million". Mansion Global .
  10. ↑ "TRD Topics: 443 GREENWICH STREET". The Real Deal .
  11. ↑ Rosenberg, Zoe (August 23, 2016). "Tribeca's 'paparazzi-proof' 443 Greenwich Street begins closings". Curbed .
  12. ↑ Clarke, Katherine (May 4, 2017). "It looks like Harry Styles quietly snagged an $8.7M apartment at 443 Greenwich". The Real Deal .
  13. ↑ Solomont, E.B. (March 23, 2017). "Mike Myers sells $14M Tribeca condo at a loss". The Real Deal .
  14. ↑ Halberg, Morgan (October 23, 2020). "Jennifer Lawrence Paid $21.95 Million for a Brand-New West Village Townhouse". The New York Observer .
  15. ↑ Clarke, Katherine (January 9, 2019). "F1 Racing Champ Lewis Hamilton Buys Manhattan Penthouse for $40.7 Million" . The Wall Street Journal .
  16. ↑ Hall, Miriam (May 31, 2017). "Justin Timberlake pays $20M for PH at 443 Greenwich". The Real Deal .
  17. ↑ STRUM, BECKIE (July 3, 2017). "Rebel Wilson Buys $2.95 Million Condo at 443 Greenwich". Mansion Global .
  18. ↑ Clarke, Katherine (June 12, 2018). "Top Walmart Exec Pays $43.79 Million for Swanky New York Penthouse" . The Wall Street Journal .
  19. ↑ Halberg, Morgan (May 1, 2020). "The Weeknd Isn't Giving Up His Tribeca Penthouse Just Yet". The New York Observer .
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