Townhouse At 11 Sutton Place Sells Above List For $8.6 Million

11 Sutton Place
11 Sutton Place

11 Sutton Place, designed and renovated by architect I.M. Pei, sold for $8.6 million after being listed for $8 million and receiving multiple offers. I.M Pei is known for designing such landmarks as the Louvre Pyramid in Paris, the John F. Kennedy Library in Boston and the Bank Of China Tower in Hong Kong. The 3 story 3,800 sqft townhouse has 4 bedrooms 3 baths and 2 powder rooms. 11 Sutton Place is part of a 14 townhouse enclave that share a private park overlooking the East River. [Mansion Global]

Sutton Place Private Park
Sutton Place Private Park

In New York City New Development Contracts Increase 109% In August 2021 Vs. 2020

The Lantern House
The Lantern House

421 new development contracts were signed across New York City in August 2021 an increase of 109% from 2020 and 88% from 2019. There was also a 16% gain in new development contracts from July 2021 as the market momentum continued. The most active projects in Manhattan were: the Lantern House in West Chelsea designed by Thomas Heatherwick; and 130 William in the Financial District designed by David Adjaye. [The Real Deal]

130 William
130 William

Woolworth Tower Pinnacle Penthouse Lists For $79 Million

Woolworth Penthouse, Great Room Design By Thierry W. Despont
Woolworth Penthouse, Great Room Design Plans By Thierry W. Despont

The five floor spire is 9,680 sqft with panoramic views and is currently configured as a raw space with custom design plans by Thierry W. Despont and listed for $79 Million. The developer of Woolworth Tower Residences, Alchemy Properties, has optimized the Pinnacle Penthouse with a 408 sqft observatory terrace, 125 additional windows and an in residence private elevator. Woolworth Tower is located at 2 Park Place in TriBeCa. [NY Post]

Woolworth Penthouse, Library Designed Thierry W. Despont
Woolworth Penthouse, Library Design Plans By Thierry W. Despont