$7 million New York City residence revives Soho’s grandeur

The history of the building at 515 Broadway in New York’s SoHo district is a kind of rags to riches story. It began in the mid-1800s with the St. Nicholas Hotel, one of the city’s most opulent hotels, which cost more than $1 million to build. The hotel fell in popularity as locals and visitors moved upstairs and was eventually torn down along with its stunning white marble facade.

But the story doesn’t end here.

On the exact same site, noted architect Sam Warner designed a six-story red terracotta commercial building in 1884. Decades later, high ceilings, king-size windows, and large areas proved perfect for the move to residential lofts. After recent renovations, the 19th-century building has been transformed into dreamy apartments with just the right mix of old and new.

Apartment 5A, for example, was recently redesigned by Ike Kligerman Barkley, a design studio that made Architectural Digest’s Top 100 list for 2022. At nearly 3,000 square feet, the open plan home was configured with two bedrooms, three bathrooms, a living room, dining room, study, and modern kitchen. “It really is a dream apartment,” says Kirk Eckenrode of The CE Group of Elegran Real Estate. “It’s as pristine as it looks.”

The flow of the apartment begins in the great room and flows seamlessly from the living room to the dining area and kitchen. Floor-to-ceiling shelves line the walls of the rooms and are good for storing art exhibits or books. Contemporary wood beams cover original fixtures along the 12-foot ceiling in these rooms. Light wood floors provide an airy feel. “In terms of design, the seller maximized the usable area,” says Eckenrode.

Contemporary furniture in the living room emphasizes clean lines in a soft cream and gray palette. The dining area has a solid wood table for 10 people. The kitchen has been transformed into a cozy, liveable corner with top appliances. Long closets for appliances and dishes make the most of the high ceilings.

The bedrooms are located at the back of the apartment for maximum privacy. The master bedroom has a walk-in closet and an ensuite bathroom with a standing bath and shower with white marble walls. The second bathroom has a tiled shower and marble topped vanity. Both have underfloor heating. The apartment, which also has air conditioning, is ready to move into. Furniture is also included in the $6.995 million price tag.

The building has attracted the attention of celebrities over the past decade. Businesswoman, model and TV presenter Heidi Klum bought and renovated one of the penthouses and the roof area in 2018. Actress Meg Ryan also once lived in the building after she bought actor Hank Azaria’s apartment and undertook a massive renovation. The building’s reclaimed luxury recreates a little of what the St. Nicholas Hotel began more than a century and a half ago.

Kirk Eckenrode and Trevor Connolly from The CE Group at Elegran are the listing agents.

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