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Real Estate Showcase - Downtown


Downtown Manhattan is a study in contrasts. While it encompasses some of the city’s most historic areas of commerce, it has increasingly become the site of some of the edgiest, most-coveted residential opportunities. Rockrose Development Corp. has just completed a 51-story building at 2 Gold Street, with 650 luxury rental apartments. Prices for studios start at $1,835; 3BRs/2bths start at $4,130.

Kathleen Scott of Rockrose says customers are enchanted with the building’s views. In fact, 2 Gold Street is the tallest residential building in the downtown area. “You can see all the way from the Statue of Liberty up to the Empire State Building - and the bridges,” she says. “It’s quite breathtaking.”

Apartment interiors feature wood-strip flooring, stainless-steel kitchen appliances and marble countertops in bathrooms. The building was designed to give residents a sense of community as well as luxury. There is a 2,000sf rooftop park and a glass solarium (with fireplace) for year-round pleasure. The Gold Club lounge can be used for get-togethers, and comes with wi-fi access, a big-screen plasma television, gas fireplace, pool table and wet bar.


When Beway Realty LLC was completing demolition work at 130 Fulton Street, they made a felicitous discovery: a huge stained-glass window that had been part of the original construction. That artifact, now under restoration, will be featured in the lobby of this 13-story luxury apartment building, scheduled to open at the end of the year.

The building’s interior design concept also includes gargoyles and other artistic touches from years past. “Lots of little merchants’ shops used to be on this site, so there is a lot of charm and history here,” says Monica Klingenberg of The Marketing Directors, Inc. She further points out that as more residential buildings are opening, the downtown area is beginning to take on more of a neighborhood feel. “It’s nice to see families moving in,” she says.

130 Fulton exemplifies the lifestyle appeal of melding old New York splendor with the most cutting-edge amenities and modern design. Kitchens feature Wolf ranges, Sub-Zero refrigerators and unique mosaic backsplashes. Marble-clad master bathrooms have glassed-in shower stalls and steeping tubs. The 21 loft apartments range in price from $1.75 million to $2.2 million.


No-one could have foretold a century ago that the Henry Allen Building at 119 Fulton Street, a seven story office building erected in 1908, would eventually be combined into a sleek glass-and-chrome residential tower. Now called Fultonhaus, this development project of Daniell Real Estate Properties has lovingly preserved the original building’s façade while modernizing the interior and expanding it skyward by seven more floors. The result: 19 gleaming luxury lofts.

Walls of windows, ceiling to floor, are the most striking features of Fultonhaus. 1BR/1bth lofts start at $1 million and the two-story penthouse with 3 BRs and 3 bths is $2 million. Apartments on select floors have balconies, and on some there are even larger terraces.

To take advantage of all the natural light, kitchens feature white Carrera marble counters offset with oak Poggenpohl cabinets. Professional-grade Bosch gas ranges with exhaust hoods, and stainless-steel Viking refrigerators and dishwashers are among the up-to-the-minute touches that beam this historic building straight into the 21st century. And to at last shed those modern-day stresses, there are serene Zen tubs in all the bathrooms.

    “Buyers in the downtown area are looking for unique, large spaces that they can define to suit their own needs,” says Jacky Teplitzky, executive vice-president at Prudential Douglas Elliman. “On the Upper East or West Side, the rooms are already established. Downtown, it’s very easy to create the living space you want.”