Features

A possible preview of what's to come in the McGraw-Hill Building? (The Chocolate Factory, #4C - The Corcoran Group)

From Future New York As McGraw Hill residential conversion gets fast-tracked, see authentic New York City lofts

By CityRealty Staff Tuesday, March 14, 2023

Three years after the world went on lockdown, new hybrid work habits have gone from a temporary fix to a way of life for many office workers, leaving many to reflect that the empty space could be converted to much-needed housing. One of the furthest along in the process is the McGraw-Hill Building in Hell's Kitchen. Discussions started in October 2022; more recently, building manager Resolution Real Estate announced that work will begin this summer to convert floors 12 to 32 to 224 residential apartments with two floors of amenity space on top. SLCE Architects will design the apartments to feature floor-to-ceiling windows and high ceilings. If all goes according to plan, the residential component's completion is estimated for the second quarter of 2024.

"The McGraw-Hill building is perfectly suited for this type of conversion, with its incredible ceiling heights, access to natural light and open interior floor plans" — Gerard Nocera, Managing Partner, Resolution Real Estate Partners

Rendering of McGraw-Hill Building entrance (MdeAS Architects)

In addition to a central Midtown location, the McGraw-Hill Building will offer residents the chance to live in a New York City Landmark, having been so designated in 1979. It is easily identifiable for its massive height, blue-green terra cotta facade, and Art Deco design details. In addition to the educational publisher what gave the building its name, it has counted Marvel Comics and Group Health Insurance among its tenants.

Rich history and original design elements are among the factors that draw buyers to listings in converted buildings of all types, from stores to factories to offices. Many listings tout "loft-like interiors," but these homes can truly claim that distinction for their provenance.

The Penny Lane, #110
$525,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath | 750 ft²
Former J.M. Horton Ice Cream Factory

The Penny Lane, #110 (Elegran LLC)

From the Listing: This four-level loft with a private maisonette entrance allows for a flexible layout, suitable for a multitude of needs. The unit is accessed via a private maisonette entrance. The second level features 13-foot ceilings, an open kitchen with full size stainless steel appliances, a marble bathroom, multiple closets, and a home office space. Upstairs, a large living room has southern exposure and enough space for a sectional couch and multiple lounge chairs. Sponsor unit - no board approval required! See floor plan and full details here.

The Chocolate Factory, #4C
$749,000

Bedford-Stuyvesant | Condominium | 1 Bedroom, 1 Bath | 862 ft²
Former chocolate factory

The Chocolate Factory, #4C (Corcoran Group)

From the Listing: This 862-square-foot boasts a unique layout with tons of light, windows, and storage. The unique sleeping platform with over 8 feet of head clearance is located under the sleeping area. The spacious bathroom hosts the washer/dryer along with a jacuzzi bathtub. This open kitchen is adorned with stainless steel appliances including a dishwasher, seating at the granite countertop and an abundance of cabinets for storage. The loft features a projector and screen large enough to make a movie theatre envious. The windows in the living room span the entire wall, and it looks like an artist commissioned photo with the views of Brooklyn artistically landscaped. See floor plan and full details here.

Belltel Lofts, #8O
$1,100,000

Downtown Brooklyn | Condominium | 1 Bedroom, 2 Baths | 1,062 ft²
Former headquarters of New York Telephone

Belltel Lofts, #8O (Corcoran Group)

From the Listing: Pristine condition, exceptional space, and amazing value. Large, airy entertainment space with great natural light. Open chef's kitchen with abundant cabinetry, stainless steel appliances, 40-bottle wine cooler and massive island, ideal for entertaining. Oversized primary bedroom suite with a beautiful custom, built-in closet, and en suite bathroom. Additional, large home occupancy room with endless potential. Great home office or another large room for sleeping with an adjacent second full bathroom. See floor plan and full details here.

Grand Madison, #APT11G
$2,150,000

Flatiron/Union Square | Condominium | 2 Bedrooms, 2 Baths | 1,258 ft²
Former showroom and Brunswick Hotel

Grand Madison, #APT11G (Douglas Elliman Real Estate)

From the Listing: Featuring open western views of Fifth Avenue, this apartment boosts a beautiful chef's kitchen fully equipped with a Miele convection oven and dishwasher, Sub-Zero wine fridge and fridge, and Gaggenau 5-burner stove. Storage is plentiful with custom cabinetry throughout the whole apartment and walk in closets in both bedrooms. Both bathrooms are elegantly finished with limestone and marble, and there is a washer/dryer in the apartment, and there are electric shades in all rooms. See floor plan and full details here.

The Clocktower Building, #3L
$2,450,000

DUMBO | Condominium | 1 Bedroom, 2 Baths | 1,655 ft²
Former industrial building

The Clocktower Building, #3L (Sothebys International Realty)

From the Listing: Located in DUMBO's coveted Clocktower Condominium sits this approximately 1,655-square-foot beautifully renovated one bedroom plus an oversized home office. The open chef's kitchen is highlighted with a Sub-Zero refrigerator, Thermador oven and cook-top, Bosch dishwasher, built-in Sharp microwave, built-in Kitchen-Aid wine refrigerator, stone counter-top kitchen island, and custom cabinetry that provides an abundance of storage options. This western exposure home is flooded with natural light, hardwood flooring, soaring 11' +/- concrete ceilings throughout which work in perfect unity with the home's concrete columns and exposed beams. See floor plan and full details here.

Holtz House, #9F
$2,995,000

Flatiron/Union Square | Condominium | 2 Bedrooms, 2 Baths
Former commercial building

Holtz House, #9F (Compass)

From the Listing: Once the home of renowned interior decorator and design guru, David Easton, this high-floor home has been further enhanced and updated by the current owners. It offers open southern and eastern exposures, 10-foot ceilings, central air conditioning, and beautiful antique French wood flooring throughout. The perfectly proportioned living/dining room, immaculate kitchen with a separate laundry area, large bathrooms, and abundant closet space are further testaments to the care and planning that went into creating this magnificent space. A large semi-private storage room on the same floor completes this rare and magnificent apartment. See floor plan and full details here.

108 Leonard, #8E
$3,250,000

Tribeca | Condominium | 2 Bedrooms, 2.5 Baths | 1,305 ft²
Former New York Life Insurance headquarters

108 Leonard, #8E (Brown Harris Stevens Residential Sales LLC)

From the Listing: Upgraded with exquisite finishes and design, residence 8E at 108 Leonard is a beautiful 2-bedroom, 2.5-bath in one of Tribeca's most iconic century-old buildings. The property features a corner layout, dramatic windows, high ceilings, wide plank oak flooring in chevron pattern, washer/dryer, a dramatic gallery entry, a powder room, and abundant storage throughout. The open kitchen is outfitted with Scavolini cabinetry and marble countertop, premium Miele appliances including a 5 -burner gas cooktop with vented hood, steam/convection oven, electric speed oven and wine refrigerator. The primary suite offers two roomy closets and a luxurious en-suite bathroom with high-honed Calacatta Mandria marble floors and walls. See floor plan and full details here.

49 Chambers Street, #7D
$3,575,000

Tribeca | Condominium | 2 Bedrooms, 2.5 Baths | 2,256 ft²
Former Emigrant International Savings Bank

49 Chambers Street, #7D (Keller Williams NYC)

From the Listing: Located in the quietest corner of the building, Residence 7D affords substantial privacy and beautiful protected views. The grand double entrance doors lead you into an airy and welcoming space, featuring ceilings up to 10 feet high and recessed lighting. The large foyer's corridor walls are lined with integrated closets for maximum storage. Hickory wood floors extend throughout the home in a subtle chevron pattern. The entrance invites you into the open kitchen, featuring a 25 square-foot island with a waterfall edge. The living room has 4 soaring windows facing south offering beautiful views of the other landmark buildings, including the Woolworth Building and the Freedom Tower. Cove ceiling light casts a warm glow throughout and improvements include automatic Crestron shades and lighting control with dimmers. See floor plan and full details here.

141 West 24th Street, #6thFloor
$3,895,000

Chelsea | Condominium | 3 Bedrooms, 2.5 Baths | 2,500 ft²
Former industrial loft

141 West 24th Street, #6thFloor (Sothebys International Realty)

From the Listing: This extraordinary sun-drenched pre-war 3-bedroom loft with den and 2.5 bathrooms features wood beamed ceilings, understated design, a private terrace, and oversized gallery walls. The keyed lock elevator opens into a sprawling sunlit 3-bedroom, 2.5-bathroom home. One is greeted by five oversized double hung windows facing south and beautiful light-washed hardwood flooring. Bold and beautiful, the wood beamed ceilings serve as the centerpiece of the expansive living room. The living room features a custom media center with display cabinets and storage space that seamlessly fit the space, adding function and dimension to the oversized room. The open dining concept showcases the high-end chef's eat-in kitchen with island and countertop dining. The three bedrooms are located away from the entertaining spaces and are private and peaceful. See floor plan and full details here.

The Dietz Lantern Building, #6B
$3,995,000

Tribeca | Condominium | 2 Bedrooms, 2 Baths | 2,100 ft²
Former lamp manufacturer

The Dietz Lantern Building, #6B (Compass)

From the Listing: This sprawling condo loft in prime Tribeca in the historic Dietz Lantern building is currently set up as a 2-bedroom/2-bathroom home and can be converted to a 3 bed/3 bath residence without compromising the massive great room. Enter this grand home through a formal receiving foyer, the perfect place to display your art collection, leading into your voluminous living space. This singular property features high barrel-vaulted ceilings, exposed brick walls, oversized CitiQuiet windows facing east and south for brilliant light all day and maximum soundproofing. Additional highlights include a generous open kitchen, tremendous closets, wood-burning fireplace, central A/C and a washer/dryer. Spread out in the spacious primary bedroom suite boasting excellent closet and storage space and a renovated en-suite marble bath featuring a double vanity, Jacuzzi tub and stall shower. See floor plan and full details here.

River Lofts, #3E
$5,395,000

Tribeca | Condominium | 2 Bedrooms, 3 Baths | 2,517 ft²
Former warehouse

River Lofts, #3E (Brown Harris Stevens Residential Sales LLC)

From the Listing: This luxurious and incredibly spacious loft is in pristine condition, thoughtfully updated to create an exquisite and refined home. One enters the space through an elegant entry foyer which leads into the expansive north-facing living/dining great room, highlighted by 10' ceilings and massive arched windows. The open and updated kitchen features Neolith countertops, Miele induction stove, Sub-Zero refrigerator, Miele dishwasher, plus a 154-bottle wine cooler and bartender's pantry. Continuing on from the kitchen, you will find a roomy den with floor-to-ceiling glass pocket doors, so the entire room can be enclosed for privacy or open to the living area for additional entertaining space. The oversized primary bedroom suite is beautifully serene, overlooking landscaped gardens. See floor plan and full details here.

The Wren, #5
$6,250,000

Yorkville | Condominium | 4 Bedrooms, 3.5 Baths | 2,569 ft²
Former industrial mechanical shop

The Wren, #5 (OFFICIAL)

From the Listing: This bright and airy double-exposure residence stretches over 2,500 square feet, with authentic loft-style details including direct elevator access and great rooms spanning more than 24 feet in each direction. The building's original use necessitated sprawling, unencumbered spaces that today provide airy, open floors with double exposures to the north and south, floor-to-ceiling windows throughout, original beamed ceilings, central heat and air conditioning, and private direct elevator access to each full-floor home. Each residence features a rich selection of custom finishes, top-of-the-line appliances and technology. Private parking provided. See floor plan and full details here.

111 West 57th Street, #12S
$10,195,000

Midtown West | Condominium | 3 Bedrooms, 4.5 Baths | 3,601 ft²
Former Steinway Hall

111 West 57th Street, #12S (Corcoran Group)

From the Listing: This residence offers three bedrooms, four-and-a-half bathrooms, and a study within 3,601 square feet of interior space. A spacious living room provides southern exposure and custom smoke gray oak floors in a parquet pattern, while the adjacent dining room provides eastern exposure and plenty of space for entertaining. The separate kitchen features a wet bar and is finished with Cristallo Gold quartzite countertops and backsplash, custom hand-crafted cabinetry, and a full suite of Gaggenau appliances. The corner primary bedroom offers bright southeastern exposure, and is outfitted with a large walk-in closet, a windowed bathroom clad in Italian white Venato marble, a free-standing copper soaking tub handcrafted by William Holland, and custom bronze fixtures by P.E.Guerin. Two additional secondary bedrooms face east, both of which are outfitted with en-suite bathrooms. See floor plan and full details here.

Walker Tower, #19C
$10,950,000

Chelsea | Condominium | 2 Bedrooms, 2.5 Baths | 2,270 ft²
Former telephone switching building

Walker Tower, #19C (Sothebys International Realty)

From the Listing: Every room of this generously sized 2,270-square-foot apartment has double exposures from the floor-to-ceiling casement windows with electric shapes. The entry foyer leads to a generously sized living room and dining area with a wood-burning fireplace and a large screen television hidden behind a wall panel which opens by remote control. The deluxe custom kitchen with marble counter tops and excellent cabinetry is equipped with top-of-the-line appliances. The large primary bedroom has a wall of fitted closets in addition to a large walk-in, and the lavish en suite bath with steam shower and a cast iron tub was renovated with white / grey marble slabs. See floor plan and full details here.

90 Morton Street, #PH9A
$22,500,000

West Village | Condominium | 4 Bedrooms, 3 Baths | 3,675 ft²
Former printing warehouse

90 Morton Street, #PH9A (Modlin Group LLC)

From the Listing: Impeccably designed and meticulously realized, Penthouse 9A has been thoughtfully conceived and masterfully designed by Jessica Schuster of Jessica Schuster Designs who, with the owner, gave the space a completely reimagined plan and aesthetic down to the most intricate of details. Upon entry, one steps directly into the main foyer which brilliantly sets the tone for what is beyond - the spectacular living and entertaining spaces. The Great Room is thoughtfully laid out and flows seamlessly from the kitchen to the dining and living spaces. From these living spaces one can step right onto one of the two large terraces (both fully landscaped, lit and equipped with speakers and one with grill) for easy indoor-outdoor lifestyle and entertaining. Adjacent to the kitchen, is an oversized media room, allowing for separation and quiet relaxation. The gracious second bedroom suite has custom built ins and a beautiful bathroom with direct access to the north-facing terrace. Finally, the palatial primary suite is brilliantly situated on the northeast corner which provides quintessential city skyline views. See floor plan and full details here.

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"The McGraw-Hill building is perfectly suited for this type of conversion, with its incredible ceiling heights, access to natural light and open interior floor plans" — Gerard Nocera, Managing Partner, Resolution Real Estate Partners

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