Hotelier-and-developer Ian Schrager is seeking $75 to $80 million for the penthouse at 160 Leroy Street, the downtown Manhattan condo his company is developing. With views of the Hudson River and the city, the roughly 12,200-square-foot, five-bedroom penthouse now under construction encompasses the entire roof of the unusual, undulating building. The master suite will have an office and “private training studio” with a separate entrance. The unit will have three wood-burning fireplaces as well as three kitchens: a “social kitchen” to entertain, an adjacent “chef’s kitchen” for the cooking and a third on the private rooftop terrace.
A spiral staircase and an internal elevator will lead to the 7,369-square-foot roof terrace, which will have a 31-foot-long private pool and a powder room. The building is expected to be completed next year. Designed by Herzog & de Meuron, 160 Leroy Street is nearly all curved walls. “We were warned against the curve,” as curved walls can make interior layouts challenging, said Mr. Schrager, known for hotel projects like the Gramercy Park Hotel and residential developments like 40 Bond. “But I think it kind of embraces you when you walk in, and makes it special.” He added that his team “labored over the layouts for a year.”
Building amenities include a landscaped courtyard, fitness center and a 70-foot-long pool, according to Madeline Hult Elghanayan of Douglas Elliman Real Estate, director of sales at the project. Residents of 160 Leroy will also receive hotel services from 215 Chrystie Street, a hotel and condo being developed by Mr. Schrager and slated for completion in fall 2016. Sales at the roughly 50-unit building, where prices start at $2.4 million, will officially launch next week. But sales started quietly this fall and the building is already around half sold, he said. This article originally appeared on The Wall Street Journal.