The historic and iconic building at 108 Leonard Street in Tribeca undergoing a conversion to condominiums has revealed its beautifully restored facade.
The handsome and ornate structure occupies the entire block of Leonard Street and Catherine Lane between Broadway and Lafayette Street, where the 13-story Renaissance Revival building building has stood since 1898. It is perhaps best known for its classical clock overlooking Broadway and is sometimes called New York’s ‘Big Ben.’ The one-time site of New York Life Insurance Company, developers purchased the building from the city in 2014 and the Elad Group and Peebles Corporation are converting the interiors to a collection of condominiums.
The handsome and ornate structure occupies the entire block of Leonard Street and Catherine Lane between Broadway and Lafayette Street, where the 13-story Renaissance Revival building building has stood since 1898. It is perhaps best known for its classical clock overlooking Broadway and is sometimes called New York’s ‘Big Ben.’ The one-time site of New York Life Insurance Company, developers purchased the building from the city in 2014 and the Elad Group and Peebles Corporation are converting the interiors to a collection of condominiums.
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The building is a city-designated landmark and appears on the National Register of Historic Places and as part of the conversion, its facade has been renovated. According to the New York Times, architecture firm HLZA used nylon brushes to scrub the exterior and also replaced portions of the roof’s parapet which prominently displays several 7,000-pound carved eagles. Along Catherine Lane, scaffolding is down and the restored facade is visible. SLCE is the executive architect for the project, and many of the building’s interiors are also designated landmarks that have been preserved or relocated, and the firm worked closely with the city’s Landmarks Preservation Commission during the process.
The conversion will create more than 160 units of luxury condominiums with units starting from $1.5 million and there are also several penthouses, including a potential unit priced at over $20 million. The building has been known as 346 Broadway, but the main entrance at 108 Leonard Street is where residents will enter into a grand double-height lobby. The conversion team includes Jeffery Beers International, the firm behind interiors at One57 and One Hundred Barclay, and they crafted the interior spaces at 108 Leonard to display a combination of classic details and contemporary touches.
Douglas Elliman launched sales for 108 Leonard Street in 2018 and residences are available in a variety of layouts; current listings show one bedrooms from $1.565 million, two bedrooms from $2.64 million, three bedrooms from $4.24 million and four bedrooms from $6.125 million. There are several penthouses including the 3,683 square foot Penthouse 15C for $11.5 million with four bedrooms, five-bathrooms and an additional 1,509 square feet of outdoor space spread over two grand terraces.
Homes have dramatic windows and ceiling heights ranging from 10 to 14 feet, and feature oversized moldings and chevron-patterned oak floors. Living areas have gallery walls great for art collectors and open kitchens are thoughtfully designed in two palettes with marble backsplashes and stunning marble waterfall islands. Tribeca is known for having world-class restaurants, hotels, spas and shops, and the building’s new amenities aim just as high. Spread over 20,000 square feet, the package offers wellness amenities including a 75-foot lap pool, hot tub, sauna, steam shower and rain shower. There is a 2,200-square-foot fitness center, a wine cellar with private dining room and lounge, and rooftop gardens for a peaceful, outdoor escape.
View listings and read more about 108 Leonard Street.
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