40 Mercer Street Pritzker Prize Architecture in the Heart of SoHo
Jean Nouvel's Masterwork - Where Pritzker Prize Vision Meets Downtown Living
40 Mercer Street is the singular residential achievement of Pritzker Prize laureate Jean Nouvel in New York City - a building that redefined what luxury living could look like in SoHo when it arrived in 2007. Developed by the visionary partnership of Andre Balazs and Hines, the fourteen-story tower introduced a bold architectural language of colored glass, industrial materiality, and radical transparency to one of Manhattan's most celebrated neighborhoods.
The building's signature facade - a composition of red and blue fenestration panels capped by a deep blue rooftop crown - is instantly recognizable on the SoHo skyline. But the true innovation lies in the residences themselves, where electronically retractable windows measuring seven by twelve feet dissolve the boundary between interior living space and the open air, creating a connection to the city that no conventional building can replicate.
With only 40 residences across fourteen stories, 40 Mercer offers a level of exclusivity that matches its architectural pedigree. A 50-foot lap pool, outdoor cabanas, and a private garden courtyard deliver resort-caliber amenities, while the building's SoHo location places residents at the epicenter of Manhattan's most dynamic cultural and retail district.
40 Mercer Street at a Glance
40 Mercer Street, New York, NY 10013
Andre Balazs / Hines
Jean Nouvel
2007
40
14
Condominium
SoHo
Why Buyers Choose 40 Mercer Street
40 Mercer Street attracts buyers who understand that architecture at the highest level is itself a form of art. Here is what draws the most discerning collectors to this SoHo landmark.
Pritzker Prize Pedigree
40 Mercer is the only residential building in New York City by Jean Nouvel, one of the most important architects of the past century and a Pritzker Prize laureate. Owning here means residing in a building designed by a living master - a distinction that appreciates in cultural significance over time.
The Retractable Window Experience
No other residential building in Manhattan offers electronically retractable windows of this scale. At seven by twelve feet, these glass panels transform each residence from an enclosed interior into an open-air living space - an experience that must be felt to be understood and that cannot be replicated elsewhere.
Unmatched SoHo Exclusivity
With only 40 residences in one of SoHo's most desirable locations, 40 Mercer offers a level of exclusivity that larger developments simply cannot match. The intimate scale fosters a sense of private community among residents who share an appreciation for architecture and design at the highest level.
Resort Amenities in SoHo
The 50-foot lap pool with outdoor cabanas and private garden courtyard deliver a resort lifestyle in the heart of Manhattan's most vibrant neighborhood - a combination of leisure and location that is virtually impossible to find elsewhere in SoHo.
Why 40 Mercer Street Remains a Coveted SoHo Address
40 Mercer occupies a category of one in the Manhattan luxury market — the sole residential work of a Pritzker Prize laureate in the city. This architectural provenance gives the building a cultural cachet that transcends conventional real estate metrics and speaks to a buyer who collects at the intersection of art, design, and living. As Nouvel's global reputation continues to grow, so does the distinction of residing in his only New York residence.
The building's retractable window system remains a genuine engineering marvel that no subsequent development has attempted to replicate at this scale. This feature alone creates an experiential premium that is difficult to quantify but immediately apparent to anyone who visits a residence. Combined with the building's bold facade and intimate scale of just 40 units, these attributes produce a scarcity that supports exceptional value retention.
SoHo's evolution from artistic enclave to global luxury destination has only increased demand for the neighborhood's most architecturally significant residences. 40 Mercer benefits from this trajectory while offering something that newer, larger developments cannot — the singular vision of one of the world's greatest architects, realized with uncompromising commitment in one of Manhattan's most iconic locations.
International Buyers Welcome
Foreign nationals can purchase condominiums in Manhattan with no visa or residency requirements. Many international buyers use LLCs for privacy and estate planning. Manhattan Miami specializes in guiding international buyers through the acquisition process, from financing options to closing procedures.
Read Our International Buyer Guide →About 40 Mercer Street
40 Mercer Street stands as the sole residential achievement of Pritzker Prize laureate Jean Nouvel in New York City - a fourteen-story SoHo landmark that fundamentally reimagined what a luxury condominium could be when it was delivered in 2007. Developed by the visionary partnership of hotelier Andre Balazs and global real estate leader Hines, the building introduced a design vocabulary of radical transparency, industrial materiality, and bold chromatic expression that remains singular in the Manhattan market nearly two decades after its completion.
The building's most celebrated innovation is its system of electronically retractable glass windows, each measuring seven by twelve feet, which dissolve the conventional boundary between interior and exterior space. When activated, these massive panels transform each residence into an open-air pavilion suspended above the SoHo streetscape - an experience that no other residential building in New York can offer. The signature red and blue fenestration of the facade, crowned by a deep blue rooftop, has become one of the most recognized architectural compositions in downtown Manhattan.
With only 40 residences, 40 Mercer offers an exclusivity commensurate with its architectural stature. Each home features the generous proportions and loft-like openness that define SoHo living at its finest, enhanced by Nouvel's meticulous attention to materiality and light. A 50-foot lap pool, outdoor cabanas, private garden courtyard, and full suite of wellness and social amenities ensure that daily life matches the grandeur of the architecture.
Situated on one of SoHo's most prestigious residential blocks, 40 Mercer places its residents within immediate reach of the neighborhood's world-class galleries, flagship boutiques, and acclaimed restaurants. For buyers seeking a home that transcends conventional luxury - a residence that is itself a work of architecture by one of the living masters of the discipline - 40 Mercer Street is without equal in New York City.
Explore luxury condos in New York City or view Billionaires' Row for ultra-luxury developments. For international buyers, see our NYC guide for foreign purchasers.
Residence Collection
One Bedroom
1
- Electronically retractable 7x12-foot glass windows
- Jean Nouvel-designed open floor plans with loft-scale proportions
- Exposed concrete ceilings and industrial-chic finishes
- Custom kitchen with premium European appliances
Two Bedroom
2
- Multiple retractable window walls for panoramic SoHo views
- Primary suite with luxurious five-fixture bath
- Generous entertaining spaces with true loft character
- In-unit washer and dryer
Three+ Bedroom & Penthouse
3-5
- Full-floor and duplex layouts with private elevator landings
- Expansive private terraces with SoHo rooftop panoramas
- Custom configurations with Jean Nouvel's architectural detailing
- Soaring ceilings and floor-through light
Residences from $4,000,000
World-Class Amenities
50-Foot Lap Pool & Outdoor Cabanas
A stunning aquatic retreat featuring a 50-foot lap pool complemented by private outdoor cabanas - a resort experience that is virtually unmatched in a SoHo residential building.
Electronically Retractable 7x12-Foot Windows
Jean Nouvel's most celebrated innovation at 40 Mercer: massive glass panels that retract electronically, transforming each residence into an open-air loft suspended above the SoHo streetscape.
Private Garden Courtyard
A serene landscaped courtyard accessible exclusively to residents, offering a secluded outdoor sanctuary within one of Manhattan's most vibrant neighborhoods.
Health & Wellness
- 50-foot indoor lap pool
- State-of-the-art fitness center
- Spa treatment room
- Steam room and sauna
Entertainment & Social
- Residents' lounge
- Private dining and event space
- Screening room
- Outdoor cabana entertaining
Outdoor Spaces
- Private garden courtyard
- Outdoor cabanas at pool level
- Landscaped rooftop terrace
- Private residential terraces
Services & Convenience
- 24-hour doorman and concierge
- Live-in superintendent
- Package and cold storage rooms
- Bicycle storage
Children & Family
- Children's playroom
- Family-friendly courtyard access
- Proximity to premier downtown schools
- Stroller storage
Building Features
- Pritzker Prize-winning architecture by Jean Nouvel
- Signature red and blue fenestration facade
- Electronically retractable 7x12-foot windows
- Deep blue rooftop crown
Pet Friendly
- Pet-friendly building policy
- Garden courtyard for pet enjoyment
- Dog walking coordination
- Nearby SoHo dog-friendly parks
Parking & Storage
- Private storage units available
- Bicycle storage room
- Nearby attended parking garages
- Convenient loading area
The Visionaries
Jean Nouvel
Architecture
Andre Balazs
Co-Developer
Hines
Co-Developer
SoHo
SoHo - South of Houston - is Manhattan's most iconic neighborhood for culture, commerce, and architectural grandeur. Its landmark cast-iron facades, once home to the artists who transformed its industrial lofts into the world's most coveted living spaces, now frame a neighborhood that draws visitors and residents from every corner of the globe. Living in SoHo means residing at the intersection of art, fashion, and design at the highest level.
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Frequently Asked Questions
What makes 40 Mercer Street architecturally unique?
40 Mercer is the only residential building in New York City designed by Pritzker Prize laureate Jean Nouvel. The fourteen-story building features a signature facade of red and blue fenestration panels crowned by a deep blue rooftop - a composition that has become one of SoHo's most recognized architectural landmarks. The electronically retractable 7-by-12-foot windows are an engineering innovation that remains unmatched in residential design.
What are the retractable windows at 40 Mercer?
Each residence at 40 Mercer features massive glass window panels measuring seven feet wide by twelve feet tall that retract electronically at the touch of a button. When open, they effectively dissolve the wall between the interior living space and the open air, creating an experience more akin to a private terrace than a traditional window. This feature is central to Jean Nouvel's design philosophy of radical transparency.
Who developed 40 Mercer Street?
40 Mercer was developed through a partnership between Andre Balazs - the hotelier behind The Standard and Chateau Marmont - and Hines, one of the world's premier real estate investment and development firms. This combination of creative vision and institutional development expertise produced a building that is both architecturally daring and impeccably executed.
What amenities does 40 Mercer Street offer?
The building features a 50-foot indoor lap pool with adjacent outdoor cabanas, a fully equipped fitness center, spa treatment rooms, steam room and sauna, a private garden courtyard, residents' lounge, screening room, and children's playroom. The outdoor cabana area surrounding the pool is a particular standout, offering a level of al fresco resort living rarely found in a Manhattan condominium.
What is the pricing at 40 Mercer Street?
Residences at 40 Mercer start at approximately $4 million for one-bedroom homes and range upward to $30 million for penthouse and full-floor layouts. The building's 40 residences are generously proportioned with true loft-scale dimensions, and each features Jean Nouvel's distinctive architectural finishes and the signature retractable window system.
What is SoHo like as a neighborhood for 40 Mercer residents?
SoHo is Manhattan's premier destination for art, fashion, and design, with world-class galleries, flagship boutiques, and acclaimed restaurants lining its landmark cast-iron streets. 40 Mercer's location on Mercer Street places residents on one of the neighborhood's most coveted residential blocks, with immediate access to the Spring Street and Prince Street subway stations and the vibrant cultural life of downtown Manhattan.
Private Availability at 40 Mercer Street
For current availability, pricing history, floor plans, and off-market opportunities at 40 Mercer Street, request a confidential review with our advisory team.
40 Mercer Street, New York, NY 10013
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Manhattan Real Estate Market Intelligence
Market Context: Manhattan luxury condominium pricing is segmented by sub-market. The Billionaires’ Row corridor (57th Street, between Park Avenue and Columbus Circle) carries the highest price-per-foot in the United States, with trophy residences trading $4,000-$10,000+ per SF. Downtown Manhattan (Tribeca, West Village, Soho) has its own ultra-luxury tier driven by limited supply of new development. Upper East Side and Upper West Side condo medians sit materially below downtown trophy levels but offer larger floor plates and Central Park access. Pricing in Manhattan is sensitive to interest rates, mansion-tax brackets, and the offering-plan stage of any given building.
Sponsor-direct new development in 2026 includes 80 Clarkson (West Village), 255 East 77th (Upper East Side), 140 Jane (West Village), 1122 Madison (Carnegie Hill), and Mandarin Oriental Fifth Avenue. Completed buildings with sponsor inventory remaining include Central Park Tower, 220 Central Park South, 53 West 53, 111 West 57th, and 50 West 66th. Each carries a distinct sponsor history, construction lender, offering-plan amendment cadence, and 421-a or other tax-abatement status that must be diligenced individually.
Why This Matters: Manhattan’s structural inputs include the New York Attorney General-supervised offering plan process (provides buyer-side procedural protection not available in less-regulated markets), the depth of the resale market (high liquidity at exit), and constrained near-term supply (limited zoning capacity in core sub-markets). Risks to underwrite at contract: mansion-tax bracket inflation above $2M, transfer-tax assumption by buyer on sponsor sales, lot-line and view-corridor exposure on specific lots, condo board sublet and resale policies, and 421-a phase-out schedule where applicable. Status of any individual project, sponsor inventory level, AG offering plan amendment, pricing, or sales percentage should be verified at the time of inquiry.
Key Facts
- Trophy Manhattan condo $/SF range: $1,500-$10,000+
- Billionaires’ Row average $/SF: $4,000-$10,000+
- Downtown trophy (Tribeca/West Village) $/SF: $2,500-$6,000+
- Mansion tax: 1% above $1M, graduated brackets above $2M for buyer
- Typical sponsor contract deposit: 10%-20% at signing
- Standard buyer-attorney review window: 1-3 business days from contract delivery
- Sponsor-side commission: developer pays buyer agent on sponsor sales
- Tax-abatement programs (where applicable): 421-a, J-51, status verified building-by-building
- Foreign-national LLC ownership: common, structured at contract
Buyer Procedure
Manhattan sponsor-sales procedure: reservation form → offering plan delivery → buyer attorney review → contract execution and initial deposit → mortgage commitment (if financed) → closing at delivery. Sponsor-inventory and resale procedures differ; advisory pre-tour planning is recommended.
Manhattan Real Estate FAQs
What is the New York Attorney General offering plan?
The offering plan is the legal document filed with the New York Attorney General that governs the sale of every Manhattan condominium. It defines deposit handling, unit specifications, common charges, real estate taxes, sponsor obligations, and buyer protections. No Manhattan condo sale closes outside the framework of an accepted offering plan; amendments are filed periodically and reviewed by buyer attorneys at contract.
What is sponsor inventory?
Sponsor inventory refers to unsold units still held by the building’s developer (the “sponsor”). Sponsor units are brand-new, never lived-in, and may include negotiable pricing, closing-cost credits, and access to tax-abatement programs where the building has them. Sponsor-side transactions follow the offering plan, not the standard resale contract.
What tax abatements apply in Manhattan?
421-a is the most common Manhattan condo abatement, providing reduced real-estate-tax exposure for 10 to 25 years on qualifying new developments. J-51 applies to specific rehabilitated buildings. Each abatement has a phase-out schedule and building-specific qualification status that must be verified in the offering plan and the most recent tax certificate.
What closing costs apply on a Manhattan condo?
Typical buyer-side closing costs run 2% to 4% of price, including NYC and NYS transfer taxes (often assumed by buyer on sponsor sales), mansion tax (1% above $1M with graduated brackets above $2M), title insurance, buyer attorney fee, mortgage recording tax if financed, and prorated common charges and real estate taxes.
Are common charges the same as HOA fees?
No. Manhattan condos use the term “common charges,” not HOA fees. Common charges fund building operations, staff, amenities, and reserves. Real estate taxes are billed separately by NYC and are not part of common charges.
How does Manhattan Miami get paid on Manhattan transactions?
On sponsor-side new development purchases, the developer pays Manhattan Miami’s buyer-agent commission. Buyer representation is at no out-of-pocket cost to the buyer. On resale transactions, commission arrangements are disclosed at engagement.