Luxury Residence in The Woolworth Building Listed for $18.5 Million
What happened
Residence 40 in The Woolworth Building, a Gothic-style skyscraper in Tribeca, has been listed for $18.5 million. The home, which was formerly a private office of Frank W. Woolworth, spans over 6,000 square feet and features 15-foot ceilings. The Corcoran Group is the lead real estate agent for the listing.
From newsweek.com
Why it matters
The listing highlights the high value of historic luxury properties in Manhattan. This aligns with a larger trend where BESPOKE and TPG Angelo Gordon are developing luxury residences in historic Manhattan, starting with a Tribeca property acquisition.
A partnership between BESPOKE and TPG Angelo Gordon is developing luxury residences in historic Manhattan, starting with the acquisition of a Tribeca property.
From newsweek.com
Who's involved
- Corcoran GroupLead real estate agent for the luxury listing in Tribeca
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Corcoran GroupSpeculative
The Corcoran Group might see an increase in revenue from the high-value listing commission.
- Matt TomaszewskiSpeculative
Matt Tomaszewski could benefit from increased company revenue through personal wealth.
- Steve HealySpeculative
Steve Healy could benefit from increased company revenue through personal wealth.
Keep exploring
The entities involved
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Douglas Elliman
American real estate brokerage company
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Corcoran Group
American real estate brokerage
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