Inside A $6 Million Landmarked NYC Residence With Museum-Quality Art

Forbes

25-03-2025

The living room in Residence 5N.
New York City has a fascinating architectural history, and 108 Leonard in New York's Tribeca neighborhood is no exception. The building occupies the entire block and was constructed in two phases: the eastern part of the structure was built from 1894 to 1896 for the New York Life Insurance Company, while the western part, which includes a three-story clock tower, was constructed from 1896 to 1898 and completed by renowned architectural firm McKim, Mead and White. Deemed a landmark in 1987, the building's Italian Renaissance Revival-style facade is primarily made of white Tuckahoe marble, while the southern elevation features brick and terracotta. Not only is the exterior landmarked, but so are many elements of the interiors.
A kitchen in the recently sold Residence 14E.
The historic Tribeca landmark at 108 Leonard is now home to 167 well-appointed residences restored and redesigned by Jeffrey Beers International. Homes range from two to five bedrooms and are priced from $3.5 million to more than $24 million. Of the several homes for sale in the building, Residence 5N is listed for $6.1 million and offers both modern living alongside exceptionally ornate, detailed moldings and carved pilasters. Residence 5N spans 2,413 square feet and has three bedrooms, three bathrooms, and one powder room.
The living room features landmarked walls, beautiful crown moldings, and other century-old details.
The living room is like a work of art with ornate moldings, carved mahogany wood trim along the ceiling, and beautiful oversized arched windows on nearly every wall. Ceilings soar past 15 feet, making each room feel exceptionally spacious. As far as New York City residences go, the scale and volume are unmatched. Developer Elad Group is further enhancing the space with art by Gene Hedge and Calvert Coggleshell, with pieces on loan from New York gallery Lincoln Glenn. Lincoln Glenn also curated the art in the recently sold Residence 14E.
The artwork in Residence 5N was curated by Lincoln Glenn.
'Bringing the works of Calvert Coggeshall and Gene Hedge to 108 Leonard felt like a natural fit,' says Lincoln Glenn co-founder Doug Gold. 'Both artists left a lasting mark on New York City and the art world, much like this landmarked building. Lincoln Glenn has a unique relationship with Elad Group to bring their residences to life through thoughtfully curated art."
Tribeca has become somewhat of an arts hub over the past decade, with many galleries moving permanently into the area. It makes sense, then, that a focus on art within a residence might appeal to buyers within the neighborhood. Some New York residential buildings even offer art classes, while developers across the country use high-end art to entice potential buyers.
As for other features within Residence 5N, there is wide-plank oak flooring throughout, Scavolini kitchen cabinetry with a Calacatta marble countertop and backsplash, Miele appliances, Fantini polished chrome fixtures in the bathrooms, and other types of ultra-luxe marbles and finishes. The boutique building feels like a luxury hotel with a drive-in motor court, valet parking, three separate lobbies, and more than 20,000 square feet of wellness-focused amenities. There's an indoor pool, roof gardens, an entertainment lounge, chef's kitchen, wine cellar, children's playroom, and a grand marble-clad lobby.