An Art Deco office building reimagined as upscale condominiums
When the 37-story building at 88 Greenwich St. was constructed in 1929, it was the business district's tallest "skyscraper" west of Broadway. The area was undergoing a boom due to the establishment of the nearby New York Curb Exchange, now the American Stock Exchange. The previously sleepy residential pocket had been home to immigrants from several countries and served as the center of the city's Syrian Christian community. Eleven deteriorating houses were demolished to make way for the new office building.
Architect Lafayette A. Goldstone's Art Deco design includes a facade of beige brick with limestone, granite, glazed terracotta and red brick trim accented with ornamental features of chevrons, zigzags and stylized foliage. Several setbacks culminate in a tower set at an angle to the building's base, done so to maximize the views of the Hudson River and New York Harbor.
The building was converted to rentals in 2000 and then condominiums in 2007, with Ismael Leyva serving as architect on the project and McCartan overseeing design. Still, the Greenwich Club Residences retain many elements of the original design, such as the elevator lobbies and an alternate entrance at 19 Rector St. with bronze detailing and pink-and-black marble floors inset with a leaf motif. In 2002, the building was added to the National Register of Historic Places.
"It's a really good example of how to do a conversion right," says Ravi Kantha, principal and founder of the Kantha Team at SERHANT., who has done business in the building. "It's a combination of luxury interiors with architectural history that's extremely hard to find. Some people come to New York and they want a piece of history."
The older construction provides practical advantages as well. "Everything is really thick," says Kantha. "It's like being at a luxury hotel. It's really calm, really peaceful." And beamed ceilings measuring 10 ½-feet high provide a loft-like feel. "You don't tend to get that in new development," says Kantha.
Today, the Greenwich Street entrance features substantial, double-height wood doors carved with a geometric floral pattern. The lobby's interior, a mix of black marble floors, rich wood and soft accent lighting, provides a stark and soothing contrast to the frenetic activity of the Financial District outside. As one Yelp reviewer wrote, "It takes the city out of the city."
Dozens of layouts, mostly studios and one-bedrooms, some with private outdoor spaces
Homes at the Greenwich Club include studios to three-bedroom apartments, with a few larger residences. Most of the 452 units are studios and one-bedrooms, and there are more than 200 layouts in the building. Studios can be as large as 737 square feet and list for up to $895,000, and one-bedrooms measure as much as 883 square feet and ask up to $1.1 million. Two- bedrooms up to 1,240 square feet sell for as much as $1.7 million and three-bedrooms measuring up to 1,940 square feet list top out at $2.5 million. Penthouses and larger units can be as spacious as 2,759 square feet and sell for between $2 and $4 million.
The 2007 conversion included an appliance package of Sub-Zero refrigerators, Fisher & Paykel dishwashers and Viking ranges. All bathrooms included rain showerheads and Kohler soaking tubs.
Condo buyers were offered the choice of three design packages. "Hudson" included teak kitchen cabinets with Siberian marble countertops and baths of Italian Vanilla marble and Mayorca limestone flooring. "The Greenwich" featured kitchens with white oak cabinetry and Grigio Carnico lava stone countertops and baths with Mont Blanc glass composite countertops and Sierra Negra lava stone floors. "The Exchange" included walnut cabinets and Mont Blanc glass composite kitchen countertops in kitchens, and baths with Himalayan Silk marble countertops and Basalto di Pompei lava stone floors.
Some units include an outdoor space such as a terrace or balcony, and two-bedroom apartments have a washer/dryer. Each floor is equipped with laundry facilities.
A large deck with river views, well-equipped gym and a library with a fireplace
Greenwich Club is a full-service building staffed by a full-time door attendant and live-in super. Housekeeping and dry cleaning are available. "The name fits what it is," says Kantha. “You have every amenity you can think of." (This is generally true, with the exception of a pool.) Amenities include a 24th-floor "Harbor Room" with a kitchen, television and water views. The common space connects to a large furnished and landscaped deck that offers water and skyline views.
Some shared spaces, such as the library and billiards room, feature a club aesthetic with rich hues of red and burgundy, leather and velvet furnishings and dark wood panels. In addition to lounge seating and floor-to-ceiling bookshelves, the condo's library includes a grand piano and fireplace. Wellness spaces include a yoga room and fitness center, which a renter on Yelp recently described as comparable to a members-only gym. "This is not a usual 'two treadmills and an exercise ball' apartment gym," the reviewer wrote. A business center is also located in the building, and all common spaces offer free Wi-Fi.
Prime Financial District near retail centers and NYC landmarks
Located on the west side of the Financial District, the Greenwich Club is near shopping, dining and entertainment options. A Whole Foods Market is two blocks east on Broadway, and the Westfield Shops and Dining at the Oculus is home to Italian emporium Eataly, an Apple Store and many other retailers. Poland's Pilecki Institute and 7-Eleven are located on the ground floor of the building. Nearby landmarks include the 9/11 Memorial & Museum, One World Observatory and Trinity Church. Battery Park City and its green spaces and facilities are directly west and can be reached in about 10 minutes on foot.
Several train lines along Rector Street, the Oculus hub to the north and major highways
Public transit is extremely convenient, with the 1 train at Rector Street outside the building, the N, R and W trains a block away on Rector Street and the 4 and 5 trains at Rector Street and Broadway, which can be reached in fewer than five minutes on foot. PATH trains depart from the World Trade Center Oculus nine blocks north for travel to New Jersey. The building is two blocks from the West Side Highway and the Hugh L. Carey Tunnel, which connects to the Brooklyn-Queens Expressway and FDR Drive on Manhattan's east side. Newark Airport can be reached in about 30 minutes by car.
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Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Very Bikeable
Bike Score®
77/ 100
Walker's Paradise
Walk Score®
100/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Gwathmey Plaza
1 min walk
Picnic Area
Edgar H. Berger Plaza
1 min walk
Picnic Area
Albany Street Plaza
2 min walk
Picnic Area
Zuccotti Park
4 min walk
Liberty Park
4 min walk
Picnic Area
West Thames Park
4 min walk
Basketball
Trails
Playground
South Cove Park
6 min walk
Trails
Rector Park
6 min walk
Pumphouse Park
7 min walk
Picnic Area
Trails
Schools
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