88 Greenwich
88 Greenwich Street · Financial District, Lower Manhattan
88 Greenwich, also called the Greenwich Club Residences, is a 37-story Art Deco tower completed in 1930 as an office building and converted in the 2000s into a condominium of about 452 residences.
At a glance
- Type
- Condominium (prewar office conversion)
- Built
- 1930 (rentals 2000, condominium 2006 to 2007)
- Height
- 37 stories
- Residences
- About 452
- Architect
- Lafayette A. Goldstone; conversion by Ismael Leyva
- Service
- Full-time doorman, concierge, valet, live-in super
- Amenities
- Sky deck, Harbor Room lounge, library, billiards room, fitness center with yoga room
- Pets
- Allowed (rentals may be restricted)
A Depression-era office tower turned downtown condominium
In 1929 the Gening Realty Corporation, a syndicate tied to General Realty & Utilities and A. M. Bing & Son, broke ground at the southwest corner of Rector and Greenwich Streets on what was planned as a 40-story office building. Lafayette A. Goldstone, who had earlier designed dozens of Manhattan apartment houses as a partner in Rouse & Goldstone, drew the plans, and Alexander Zamshnick is also credited. By completion in 1930 the tower had been scaled back, and its early tenants were largely stock and curb exchange brokers, accountants, and railroad and steamship firms.
The building is clad in beige brick over a two-story limestone base, with glazed terra-cotta accents in green, beige, yellow, and brown, bands of red brick, and a series of asymmetrical setbacks that create terraces on the upper floors. Long known as 19 Rector Street, it was listed on the National Register of Historic Places and the New York State Register of Historic Places in 2002.
Worldwide Holdings converted the offices to rental apartments in 2000. A partnership of Joseph Sitt's Thor Equities and Andrew Heiberger's Buttonwood Real Estate bought the building for about $195 million in 2005 and relaunched it as the Greenwich Club Residences condominium, with Ismael Leyva as conversion architect and McCartan as design architect. Hurricane Sandy flooded the basement in 2012 and the city briefly declared the building unsafe, but it reopened within about a month after the Department of Buildings approved reoccupancy.
Josh's view of 88 Greenwich
What you won't find on a listing portal, in Josh's own words.
Who it suits
Perfect for those looking to embrace the resurgent downtown Wall Street neighborhood. With Battery Park and trendy eateries close by, Wall Street is no longer just for bankers and traders!
Buying here
This is a very luxurious building with a zen-like feel. The area is still climbing in value, and it's a fresh alternative to other parts of the city.
The best lines
All of the lines in this building happen to be very nice, and each provides a unique setting.
Mistakes buyers make
Wall Street is cool! This area has emerged as a haven for young people and swanky professionals looking to enjoy downtown life.
What a listing won't tell you
The building is exceptional, and pictures do not do it justice. The billiards room is stunning, and the rooftop has incredible views of Manhattan.
Inside 88 Greenwich
88 Greenwich from Trinity Place, from below, and at Rector Street. Photos: Wikimedia Commons (credits below).
Living at 88 Greenwich
The building sits on the western edge of the Financial District, a block from Trinity Church and steps from Battery Park City, the World Trade Center campus, and Brookfield Place. Most residences are studios and one-bedrooms with ceilings of about 10 feet and oversized windows, and upper floors look out over New York Harbor. Whole Foods, Eataly, the Oculus, and a wide range of downtown restaurants are within a short walk.
- Subways: 1 train at Rector Street (about 0.03 miles), R and W at Rector Street on Trinity Place, and 4 and 5 at Wall Street near Broadway
- Elizabeth H. Berger Plaza, a small public park, is just south of the building, between Greenwich Street and Trinity Place at Edgar Street
- Battery Park, the Hudson River esplanade, and Battery Park City parks are a short walk west and south
- The Fulton Center, World Trade Center PATH station, and Brookfield Place are a few blocks north
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Open the tool →Sources: Wikipedia, 88 Greenwich Street · National Park Service NPGallery, NRHP #02000551 (Building at 19 Rector St.) · CityRealty, Greenwich Club building profile and recent closed sales (ACRIS-derived) · CityRealty, Greenwich Club review by Carter Horsley · Daytonian in Manhattan, Lafayette A. Goldstone's 1930 19 Rector Street · ACRIS Real Property Master (NYC Open Data), deed amounts · The Real Deal, 88 Greenwich, target of lawsuit, set to reopen (Nov. 30, 2012) · The Real Deal, Storm damages render 88 Greenwich uninhabitable (Nov. 2, 2012) · Corcoran, Greenwich Club building page (amenities, rental pet note) · The Skyscraper Center (CTBUH), Greenwich Club Residences · Wikimedia Commons, File:88 Greenwich Street.jpg · Wikimedia Commons, File:Elizabeth Berger Plaza 92 - 88 Greenwich.jpg · Wikimedia Commons, File:19-rector-st.jpg
Photos: Photo by Tdorante10, Wikimedia Commons, CC BY-SA 4.0 · Photo by ZeligJr, Wikimedia Commons, CC BY-SA 4.0 · Photo by Dmadeo, Wikimedia Commons, CC BY-SA 3.0
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