The penthouse of the aptly nicknamed “Jenga Building” looking over New York’s Tribeca is under contract to sell for $50 million.

The 7,779-square-foot unit at 56 Leonard St. has been picked up by an unidentified buyer in what could shape up to be the most expensive sale in downtown Manhattan this year, according to the New York Post.

Designed by top Swiss architectural firm Herzog & de Meuron and named the “Jenga Tower” for the way the different units resembled stacked boxes in the sky, the 60-story glass building was completed in 2017 and has sold its 45 units for between $3.5 million and $50 million.

The same penthouse last sold for $47 million in 2013 to a hedge fund manager and now sold for the same price it was listed eight years ago, indicating the way ultra-high-end properties do not appreciate in the same way due to the very limited number of potential buyers.

The listing agent was Clayton Orrigo of Compass while the buyer was protected by an LLC and anonymity contracts. The apartment sits at 7,779 square feet and has 19-foot ceilings, white oak and stone floors and three terraces at 1,252 square feet overlooking the downtown port and the city.

Along with being the tallest building in downtown Manhattan, the Jenga building includes a 75-foot infinity pool, spa, sauna, sun deck, two movie theaters and 10 elevators. Among its residents are the musician Frank Ocean and Keegan-Michael Key, who along with Jordan Peele, created and starred in Comedy Central’s “Key and Peele’ comedy show. The latter recently listed his apartment at the building for $5.5 million.

Email Veronika Bondarenko

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription