This $13.8 Million Townhouse in N.Y.C. Has a Full-Ceiling Skylight and Freedom Tower Views

Business owners, get your wallets ready. A mixed-use townhouse just hit the market in New York City with retail and multiple living spaces spread across six stories. You may have heard about the Tribeca pad, dubbed the Glass House on Reade, due to its ties to the former “bangle billionaire” Carolyn Rafaelian. Now going for $13.8 million, the eco-friendly listing held by Nick Andreassi and Juan Benitez of Corcoran offers more than meets the eye.

The original two-story home at the downtown address was built in 1920. Toward the end of the 20th century, late architect John Petrarca and his wife—formerly neighbors of the property, having resided at 158 Reade Street—bought it in 1999 and proceeded to carry out one of hell of a renovation. “My understanding is the structure was completed in early-mid 2001,” Andreassi tells Robb Report.

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156 Reade Street New York NY
A bonus room inside the home with a full-ceiling skylight.

It bares “zero resemblance” to the former structure, he continues. And walking past its striking exterior that spans an additional four floors, that much is clear. Inside the home, all-new features, from flooring and plumbing to ventilation and stairs, aid its modernization. Costs for the architect and resident’s legwork aren’t public record, but the home’s mention in Alex Gorlin’s Creating the New American Townhouse speak to Petrarca’s remodeling influences.

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One of those influences is sustainability. The two cast iron columns in the entry foyer from the building’s original design are a waste-conscious example that preserve the home’s historical value. Its double-insulated concrete walls, meanwhile, provide energy efficiency and sound insulation. Other notable features in the five-bedroom home such as heated floors, motorized shades, and a heated sidewalk for easy snow removal show off Petrarca’s aim to make the residence family friendly, too.

A private elevator ride upstairs from the first-floor mudroom leads you to the first bedroom level. Two beds and baths are found here, alongside a bonus room that features a full-ceiling skylight. Like something out of Hey Arnold!, it can be used as a home gym, guest room, and more. The primary suite spans the entire third floor above, with Merbau hardwood floors and south-facing windows. Apart from its limestone-clad bathroom, the suite’s walk-in closets and dressing room give you ample square footage to decompress.

156 Reade Street New York NY
Out on the private rooftop terrace with a view of One World Trade Center.

Double-height ceilings soar above the fourth-floor great room, where rich walnut paneling frames a series of picturesque windows and a black Chinese quartzite fireplace. The custom Bulthaup kitchen sits nearby with an oversized island and limestone heated floors. A flex space that can be used as an office allows you to peer into the great room, a floor above. The sixth and final story opens out to a rooftop terrace with a kitchenette and Freedom Tower views.

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Back down on ground level, an included retail space gives “working from home” a new meaning. Whether used to sell products or showcase art, its lengthy interiors, along with useful track lighting, offer up an inviting environment. Turning the area into private parking is always an option, too.

Click here for more images of the Manhattan residence.

156 Reade Street New York NY
156 Reade Street New York NY

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