Trophy Properties: The Penthouse
March 3, 2003
But to some, a penthouse still represents the ultimate city address. The 8,400-square-foot dwellings atop One Central Park cost between $23 million and $32 million. And that is for unfinished space. Once they have purchased their penthouse—and there are only 10 of them, five crowning each of the two towers—owners can select from 20 leading architects or designers who will add the final touches. Those who have created conceptualized designs include architect Robert A. M. Stern, who envisions grand and stately interiors that mix modern with traditional, and interior designer Thad Hayes, whose plans call for a formal tea garden and wading pool. In addition to 360-degree views of Manhattan and state-of-the-art technology, residents have their own private health club and pool and preferential dining access and room service from the Mandarin Oriental Hotel.
“It’s really all about light. Catching sunrise or sunset over Central Park—there’s nothing that compares with that,” says Halstead. “There are just so many emotions attached to a penthouse. It bespeaks the best. Even at the most desired addresses with the highest-profile tenants, the guy who lives on top has it over all the others.”; function voidFunc() { } voidFunc(); "One Central Park")
According to David Wine, the One Central Park penthouses are a natural response to the marketplace. “We saw a tremendous demand from people wanting a large luxury living space in an urban setting,” says Wine. “Many people in Manhattan were buying two apartments, knocking out walls and combining them. Still, they wound up with obstacles and visual obstructions. We have created penthouses that are unique in offering full-floor space, virtually free of structural impediments, and with the most commanding views of the city that have ever been built.”
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