377 Rector Place (Liberty House)
377 Rector Place, New York, NY 10280
Battery Park City
BBL 1000167501 · BIN 1000061
- Year built
- 1986
- Type
- Condominium
- Units
- 237
- Floors
- 28
- Landmark
- No
- Pets
- Permitted (cats and dogs) with management approval
- Subletting
- Permitted under condominium rules — confirm current policy at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,137
- Listing discount
- 3.1%
- Recorded sales
- 176
- On record
- 2004–2026
377 Rector Place — marketed as Liberty House — is the Milstein-developed member of the three "Liberty" towers at Rector Place, and the most harbor-oriented of the group. Developer Milstein Properties commissioned James Stewart Polshek & Partners (now Ennead Architects), and the resulting 28-story red-brick tower turns its principal façade toward the Statue of Liberty, with a decorative "lighthouse" crown that has made it one of the more recognizable silhouettes in Battery Park City. Completed in 1986, the building fronts Rector Park and the Hudson River Esplanade, and its harbor-facing apartments carry direct Statue of Liberty, Ellis Island, and Hudson River views.
Battery Park City is a planned residential district built on landfill at the southwestern tip of Manhattan under the Battery Park City Authority (BPCA), a New York State public-benefit corporation. The neighborhood's defining feature — for buyers and sellers alike — is that the land beneath every building is owned by the BPCA and leased rather than sold. That structure produces a specific carrying-cost profile and a specific due-diligence checklist that set Battery Park City condominiums apart from fee-simple buildings elsewhere in Lower Manhattan.
Architecture and unit composition
The 237 residences range from studios and one-bedrooms to larger family layouts, including upper-floor units and a penthouse tier. The building's angled orientation toward the harbor produces a high proportion of apartments with Statue of Liberty and Hudson River exposures. The Polshek design steps down toward the street in stepped setbacks and is crowned by the building's signature lighthouse ornament. The Esplanade — Battery Park City's continuous Hudson River waterfront promenade — is at the building's doorstep, and Rector Park sits immediately across the street.
Building operations
377 Rector Place operates as a full-service condominium with a 24-hour attended lobby, full-time doorman, concierge, and live-in superintendent. The building has an on-site parking garage — a meaningful convenience in Lower Manhattan — along with on-site laundry, a bike room, and a common roof deck. Residents have access to the Terrace Club fitness center and its indoor pool, typically for an additional fee, shared across the Liberty buildings.
Carrying costs reflect the Battery Park City structure: common charges plus PILOT and ground-rent pass-throughs. Buyers should obtain current figures and review the building's financials and reserve position during diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $44,187/yr
- Per unit / month range
- $0 – $16
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Sublet policy
- Lease/sublet renewals handled off-platform via
- Notable fees
- No smoking; no short-term/AirBnB; open houses not permitted; subject to BPCA land lease
Recent sales
377 Rector Place trades as a full-service Battery Park City condominium, with pricing that reflects the building's harbor orientation, its on-site garage, and the carrying-cost structure of the ground-lease district. Recent closings have generally run in the low-$1,000s per square foot, with harbor-view upper-floor units and the penthouse tier at the top of the building's range. As at any Battery Park City building, pricing is sensitive to the ground-lease runway and to prevailing common-charge and PILOT levels, which move over time; current apartment-level comparable analysis is the right basis for any pricing decision.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 16, 2026 | 19B | 2 BR · 1 BA · 821 sf | $960,000 | $1,169/sf | -3.5% |
| Apr 8, 2026 | 20B | 1 BR · 1 BA · 821 sf | $1,205,000 | $1,468/sf | +0.5% |
| Mar 26, 2026 | 7K | 1 BR · 1 BA · 688 sf | $780,000 | $1,134/sf | -2.4% |
| May 15, 2025 | 22C | 2 BR · 1 BA · 766 sf | $995,053 | $1,299/sf | -8.7% |
| Mar 25, 2025 | 16A | 1 BR · 1 BA · 652 sf | $850,000 | $1,304/sf | -4.0% |
| Jan 23, 2025 | 5K | 1 BR · 1 BA · 688 sf | $742,000 | $1,078/sf | -11.1% |
| Jun 27, 2024 | 23D | 814 sf | $2,600,000 | $3,194/sf | off-mkt |
| Apr 19, 2024 | 3B3C | 3 BR · 3 BA · 1,671 sf | $2,175,000 | $1,302/sf | -5.4% |
Market read. Most recent trades (2026) cleared a median $1,137/sf across 3 sales. Median listing discount 3.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00016-7501) 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.
What to know if you’re buying
Underwrite the ground lease. Confirm the current ground-lease terms, the 2119 runway, any scheduled ground-rent resets, and the current PILOT structure. Model the full monthly carry, not just common charges.
The garage is a real amenity. On-site parking is uncommon and valuable in Lower Manhattan; confirm availability and cost.
Views drive value. Harbor- and Statue of Liberty–facing upper-floor units command the building's premium; confirm exposure and view permanence for any specific apartment.
Condo flexibility applies. 30–45 day closings are typical; pets, pied-à-terre, and investor use are generally permitted — confirm current policy at offer stage.
What to know if you’re selling
Lead with the harbor orientation and the 2119 runway. The lease extension removed a material overhang that dampened pricing across Battery Park City for years; the story should be told clearly.
The Milstein/Polshek pedigree and the garage are differentiators. Both distinguish Liberty House within the Rector Place group.
Price at the apartment level. Exposure, floor, and view drive substantial variation across the building's 237 units.
Comparable buildings
If you're considering 377 Rector Place, also evaluate:
- 380 Rector Place (Liberty Terrace) — sister Battery Park City condominium on the same street; Franzen design, shared Terrace Club amenity
- 20 West Street (The Downtown Club) — landmark Art Deco Financial District condominium on fee-simple land; no ground lease
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.
Considering a move at Liberty House?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Liberty House would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.