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Financial District conversion now selling
By Carter Horsley   |   From Archives Monday, September 19, 2005
Sales have started at 59 John Street, an office building on the northwest corner of William Street in the Financial District that has been converted to 74 residential condominium apartments.

Four floors have been added to the former 9-story building to create setback penthouse apartments and add a distinctive roofline to the otherwise boxy building. Many of the penthouses have balconies and terraces.

The building has a 24-hour concierge, a fitness center, a garden and a media lounge with plasma TV. Studios are priced from $350,000, one-bedrooms with home office from $680,000 and two- and three-bedroom lofts from $850,000.

Andres Escobar has designed the lobby, common areas and interiors.

The beige-brick building has a one-story, rusticated red-brick base and large white metal spandrels. It is one block to the north of the Federal Reserve Bank building and it is across Pine Street from Zeytma, a gourmet food store.

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Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.