Million Dollar Babies: A Trio of Stroller-Ready Penthouses Fends Off the Suburbs

One of the four bedrooms in a duplex penthouse at 415 Greenwich.

One of the four bedrooms in a duplex penthouse at 415 Greenwich.

“It’s an urban backyard, a townhouse lifestyle on the ninth and 10th floors,” boasted Marketing Directors agent Cory Walter when we met him to tour of a duplex penthouse at 415 Greenwich Street.

“There is no lack of competition for large apartments in Tribeca,” Mr. Walter noted. “But where else can you find 3,800 square feet with four bedrooms, four and a half baths and this kind of outdoor space?” he said, gesturing at the vast expanse outside penthouse C, which, squinting into the bright midday sunlight, could easily be mistaken for that of a corporate events space rather than a private home. And this was merely one of two terraces—an exterior staircase provides entree to a slightly less daunting spread on the upper level with views of the Hudson.

When luxury gets a little tough.

When luxury gets a little tough.

It’s about time that 415 Greenwich had its moment, having come on the market right before the financial crash in 2008. In the aftermath, as the condo struggled to get its pricing right, developers Heritage Partners defaulted on a construction loan with KBS Capital, which took over the project. Six years later, the three penthouses, all in a new addition perched atop the renovated building, are the last sponsor units to come to market.

And what an entrance they have made, with the model unit putting forth a winning blend of refinement and rough edges: brawny columns of wood and metal, bathrooms of Carrara marble, staircase banisters crafted of industrial fittings and a flat-screen TV mounted to a metal-sheathed fireplace. Why choose between watching the fire and the game when a little ingenious design allows you to do both? This penthouse proclaims that you can have it all.

Which may be part of the reason why it just found a buyer. Sure, $10.9 million—the most recent asking price, is no pittance, but what strapping young multi-millionaire wouldn’t enjoy conquering the wilds of Western Tribeca from such an airy (12-foot ceilings!) and rugged loft?

At least one of the three penthouses remains on the market at a comparatively reasonable $9.5 million. Though Mr. Walter cautioned that it might soon be gone, with so many wealthy families having set their sights on Tribeca.

“A four-bedroom in this neighborhood? It kind of adds up to stroller city,” he confessed. And indeed, stepping off the elevator into the lobby, we were forced to dart around a stroller, the mother at the helm having stopped to make conversation with a neighbor.

“When is your wife due again?” she asked.

The terrace. Not for the building, but for the apartment.

The terrace. Not for the building, but for the apartment.

Million Dollar Babies: A Trio of Stroller-Ready Penthouses Fends Off the Suburbs