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Designed by Arthur D. Pickering for the Sun Fire Insurance Company, 54 Pine Street is a five story Financial District condominium converted in 2005. Its tan brick and terra cotta façade retains a wide arch around the entrance, intricate sun motifs in the frieze, and carved torch details associated with the building’s original insurance use. The building occupies a block shared with the 1887 Downtown Association Building by C. Charles Haight and the Art Deco tower at 70 Pine Street by Clinton & Russell.
With only four residential units, the building has one apartment per floor. The residences are characterized by loft like proportions, barrel vaulted ceilings, exposed brick, hardwood floors, and skylights, with central air conditioning and in-unit laundry recurring among the apartment features. Private outdoor space is another defining element: multiple residences have roof decks, including rooftop areas equipped with hot tubs, outdoor showers, water, and electricity.
The uppermost home is organized as a duplex, placing its living areas and bedrooms across two levels, while other apartments use expansive single floor layouts. The building has a live-in superintendent, permits pets, and retains its intimate scale despite its commercial district setting.
54 Pine Street is between Pearl and William Streets, near the Oculus, Fulton Center, South Street Seaport, and the Financial District’s restaurants and shops. Natural light is a significant characteristic of the address: it was identified in 2018 as one of New York’s darkest apartment buildings, a condition attributed to the closely spaced streets and surrounding structures.
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