19 Park Place

Ismael Leyva Architects' design for 19 Park Place is a slender glass tower rising roughly 252 feet, with a sculpted, curved façade and the building's signature feature: prominent circular, frameless-glass balconies that articulate each floor and give the tower its distinctive profile. The building opens to a double-height lobby; published descriptions cite a tall vein-cut limestone water feature and a blown-glass chandelier as the lobby's defining elements. The tower envelope itself is primarily glass curtain wall rather than masonry — the limestone is an interior feature, not the cladding.

The residential program is built around large units. Of the 24 residences, roughly eleven are full-floor homes on the upper floors, with duplexes (including on the lower floors), half-floor units, and rear residences with private terraces. The duplex penthouse is the building's signature residence — on the order of 2,700 square feet with three bedrooms, fourteen-foot ceilings, and roughly a thousand square feet of private outdoor space including a rooftop terrace. Finishes specified across the building include wide-plank European oak floors, custom desert-oak cabinetry, Italian Statuario marble in the kitchens, premium appliance packages, radiant-heated marble bathroom floors, and in-unit laundry, with select residences adding wine storage and freestanding soaking tubs. Full-floor residences are served by keyed private elevator landings.

19 Park Place operates as a boutique condominium with a full-time attended lobby and a deep amenity package for a building of its size. The amenity set includes a fitness center, a residents' lounge, a children's play area, a landscaped courtyard garden, rooftop and sky-terrace space, private storage and cold storage, a bicycle room, and heated sidewalks. There is no on-site parking — an explicit consideration for buyers who need it.

As a condominium, the building offers the use and financing flexibility characteristic of the form. Pets are permitted, and financing follows condominium norms (a 20 percent minimum down payment is the figure cited in available materials). Pied-à-terre and sublet use are typical of condominiums of this type but are governed by the offering plan and by-laws; confirm the specific terms — and the building's current financial profile and reserves, which matter a great deal in a 24-unit building — against current condominium materials during due diligence.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

Market read. Most recent trades (2026) cleared a median $1,805/sf across 1 sale. Median listing discount 3.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00124-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

This is a large-residence, small-building product. Roughly half the units are full-floor homes, served by private elevator landings. Buyers who want floor-through living in a new building with very few neighbors are the natural fit.

Underwrite the small owner base. With 24 residences, capital costs and any building issues are spread across a small group. Diligence the condominium's reserves and financial statements closely.

Confirm the parking and amenity picture. There is no on-site parking. Confirm which amenities are operating and how they are governed at the time of your inquiry.

The location is a genuine asset — and specific. Park Place near City Hall Park, opposite 30 Park Place, with dense transit, is a strong Lower Manhattan position; spend time on the block to confirm the daytime and evening character suits you.

Condominium flexibility is real. Financing, pied-à-terre use, and ownership structures follow condominium norms. Confirm the specific by-law terms during diligence.

Account for the renaming history. The building has been marketed under more than one name over its life; confirm you are evaluating the correct, current condominium and its current financials.

Lead with the layout and the architecture. Full-floor living, the circular glass balconies, and the high finish specification are the marketing story; apartment-specific marketing should foreground the residence's floor, exposure, and outdoor space.

Price with apartment-level comparables — and acknowledge the thin data. With few recorded trades in the building, pricing requires careful comparable work drawing on similar full-floor and large-format downtown inventory, not building averages alone.

The buyer pool is downtown and design-oriented. Marketing should reach the design-conscious downtown buyer and the broader Lower Manhattan residential demographic.

Closing timelines are condominium-standard. Plan for roughly 45–60 days from contract through closing under typical financing and diligence circumstances.

If you're considering 19 Park Place, also evaluate:

• 30 Park Place — Robert A.M. Stern's Four Seasons condominium directly across Park Place, a larger and higher-tier benchmark on the same block
• 25 Park Row — new-construction condominium overlooking City Hall Park, comparable downtown new-development positioning
• 111 Murray Street — Tribeca new-development condominium with a comparable design-led downtown profile at larger scale
• 5 Beekman Street — landmark Financial District conversion-and-tower with a hotel-residence component nearby
• 15 William Street — boutique downtown condominium serving an overlapping buyer profile
• 130 William Street — architecturally distinctive Financial District new construction at a higher tier
• 56 Leonard Street — Herzog & de Meuron's Tribeca supertall, the design-led downtown new-construction benchmark

The Roebling Team at Compass works the Manhattan condominium market — including the Lower Manhattan new-development inventory — as a structural element of our practice. We publish this building profile because 19 Park Place buyers and sellers deserve building-specific intelligence — the architecture, the boutique-scale operating reality, the transactional mechanics, and the realities of pricing in a comparable-thin building — not generic market commentary.

If you're considering a purchase or sale at 19 Park Place, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires.

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Corey Cohen, Principal The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com