In the News: Woolworth Penthouse on the Market for $110 Million

••• “An enormous penthouse at the iconic Woolworth Building in Manhattan is going on the market for an equally enormous asking price: $110 million. […] The apartment, which has been dubbed the Pinnacle, starts at 700 feet up and is contained within the building’s pointed, green, copper-clad peak. There are views in every direction, from the World Trade Center to the New Jersey skyline, and there is an approximately 400-square-foot open observatory with 360-degree views.” Rendering above. —Wall Street Journal

••• The Broadsheet sifted through a bunch of school-related data and concluded that “Spending on Students and Teachers in Lower Manhattan Schools May Be Reflected in Test Scores, Demand for Seats,” and more.

••• “The City That Never Sleeps meets the Government That Always Grows. Mayor de Blasio [signed] a bill creating a new city agency—the Office of Nightlife, which is supposed to oversee clubs and cabarets. Despite the presence of community boards and the city’s own Department of Small Business Services, the mayor believes another layer of government is needed to deal with quality-of-life issues and to help keep struggling clubs from going under.” —New York Post

••• “118 Fulton Street has been making swift progress over the past few months, and now, the 752-foot-tall tower has officially topped-out” at 66 stories. —YIMBY

 

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