In September, Crain’s reported that Ben Shaoul’s Magnum Real Estate purchased the top 21 floors of Verizon’s Tribeca headquarters at 140 West Street.
The plans to convert the top 21 floors into residential condos hit a snag when a permit filed in November was disapproved by the city. Architect Ismael Leyva’s firm is listed as the applicant of record in the permit.
While we’ve yet to see an approved permit, we know the team is pushing forward with the conversion. Luxury Loft, a team of Elliman agents, posted an old photo of 140 West Street to its Instagram yesterday. The photo highlights some of Ralph Walker’s feted architectural work on the Verizon Building.
Grade has also been tapped to handle interior design for 140 West’s amenity spaces and model units. The project appears on Grade’s site and the firm was included as a hashtag in the Luxury Loft Instagram post.
A write-up on Grade’s site says the amenity spaces will include a lobby, pool, sauna and comprehensive fitness center.
Completed in 1927, the Verizon Building has been called “one of the most significant structures in skyscraper design.” The building was severely damaged in the September 11th attacks. Restoration efforts took three years and cost $1.4 billion.
