The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

142 East 16th Street, Unit 14ABC

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Expansive scale and thoughtful design define Residence 14ABC at the Gramercy Spire, where the lobby and entrance are undergoing a full transformation.

The result of a full gut renovation, this four-bedroom, three-bath home has been reimagined to offer the proportions and flow of a suburban residence within a full-service building. Spanning over 2300 square feet, the home features a distinct separation of space, including a dedicated bedroom wing, a private den, a formal living room, home office, and a separate dining area designed for both everyday living and entertaining.

At the heart of the residence, a generously scaled chef’s kitchen anchors the home and rivals the proportion of kitchen one would expect in a large country home. Outfitted with premium appliances, including a Sub-Zero refrigerator and freezer, Thermador cooktop, oven, and stove, and a Bosch dishwasher, the space is designed for both functionality and impact. Custom cabinetry and thoughtful finishes complement the home’s aesthetic.

Triple exposures to the west, east, and north flood the residence with natural light throughout the day, while a private balcony offers a quiet outdoor retreat. A dedicated office doubles as a guest room, adding versatility to the layout. Storage has been carefully considered, with custom-sized closets throughout, all outfitted with organizing systems.

Additional upgrades include built-in Sonos speakers and curated window treatments, completing a home that balances comfort with elevated design.

The Gramercy Spire is a full-service post-war co-op offering a 24-hour doorman, live-in superintendent, central laundry, storage, an on-site garage, and a landscaped garden. Built in 1964 and converted in 1979, the building is pet-friendly and permits pied-à-terre ownership, co-purchasing, gifting, and subletting with board approval.

The surrounding neighborhood offers access to the Union Square Greenmarket, Trader Joe’s, boutique fitness studios, and multiple subway lines (4/5/6, N/Q/R/W, and L), along with a vibrant mix of dining and nightlife, including ABC Kitchen, Friend of a Farmer, Pete’s Tavern, The Stand NYC, and Caffè Panna.

Residence 14ABC represents a rare opportunity to own a sprawling home with exceptional functionality in one of downtown Manhattan’s most connected locations.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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