New Price $2,450,000- Sponsor pays 2 years maintenance!Air rights available for roof top expansion!Sponsor sale no board approval.Renovation Credit at closing for $250,000Your Ultimate Retreat is located on a historic cul de sac between Beekman and Sutton Place where you find yourself conveniently in the heart of The City. Southgate presents a distinctive Emery Roth designed pre-war enclave developed by Bing & Bing in 1932 located within walking distance of many of the world famous destinations our City has to offer. This is your opportunity to own a truly elegant Penthouse ideally perched atop one of New York's most distinguished white-glove prewar coops. The possibilities begin as you step out into your very private elevator landing of PHC and into the grand solarium in the middle of your sprawling terrace. Let the City's skyline greet you in every direction. Sunrises and sunsets are yours overlooking the East River. Emory Roth is known for beautifully proportioned rooms and here he has created PHC as the jewel of his design. The baronial solarium and private terrace offer a blank slate awaiting your own design. Start designing anywhere, with perfect proportions and the roof top garden this will surely be worthy of a feature in Architectural Digest. The solarium is so much more than an over-sized living room with wood burning fireplace and double height ceilings and access to 2 of the terrace "rooms", here is the centerpiece which will provide the back drop for your grand scale entertaining and memorable family gatherings. The spiral staircase which leads to the next level of this duplex penthouse is also an example of Emery Roth's fine sense of balance and proportion. PHC level 1 is also wrapped in private terrace. On this level one could create 2 or 3 bedrooms; it presently has 2 full windowed baths, a distinctive master suite with a wood burning fire place and another beautiful sized south facing set back terrace.Needless to say PHC must be experienced, this is the place for your own stamp of luxury.