Two penthouse units (yes, two) remain at Gale International‘s boutique condominium development 21W20. The 15-story mid-rise is Gale’s first foray into the Manhattan market and has already placed 11 of the building’s 13 full-floor homes into contract at an average price of $2,528 per square foot. Slated for occupancy by year’s end, the project’s construction netting has finally come down and the finishing touches are now being applied to the lobby.
The 35,000-square-foot building is seamlessly nestled into the heart of downtown’s Flatiron neighborhood within its timeless Ladies’ Mile Historic District and presents a contextual exterior of blackened stainless steel, brick, and glass crafted by New York-based architects Beyer Blinder Belle. From street level, the building climbs unassumingly from a 25-foot-wide footprint. However, its upper four stories cleverly spill over onto the adjacent garage building, ultimately creating four breathtaking, 100-foot-wide penthouses.
The former parking lot site, in conjunction with an adjacent seven-story parking garage at 25 West 20th Street, was first purchased by Extell Development in the summer of 2007 for $28 million. After sailing through Landmarks Preservation Commission hearings, Extell sold the 9,200-square-foot development site and the adjacent garage’s air rights to Gale International–a firm better known for their majority stake in the $40 billion Songdo International Business District master plan in South Korea.
The tiered penthouses unfurl 100 feet above street level, providing each unit with intimate views of the water towers of Flatiron and its turn-of the-century architecture. With interiors designed by David Mann’s MR Architecture + Design, each home features downtown-facing floor-to-ceiling exposures and sliding terrace doors that invite residents out onto spacious private terraces. The uppermost penthouse (PH3) went into contract earlier this year for $17 million or $4,048 per square foot, making it one of the biggest deals in the neighborhood this year. That 4,210-square-foot, two-level spread comes equipped with an outdoor hot tub, solarium and 1,740 square feet of outdoor space.