Luxurious Piatt Place penthouse in downtown Pittsburgh perfectly situated for over-the top city views

Pittsburgh Post-Gazette - March 17, 2010
By Gretchen McKay

It's the drop-dead gorgeous views of the city's visual expanses of steel, brick and glass from No. 714's concrete veranda, though, that will really take your breath away.

Each of the 60 condos at Piatt Place comes with a private balcony. This one stretches 80 feet, offering visitors not just a bird's-eye view of the towering stone spires of Trinity Cathedral and First Presbyterian Church's vermilion-edged roof, but also Citizens Bank and PNC and One Oliver plazas.

"It's very New York," says Lucas Piatt, executive vice president of developer Millcraft Industries, which is offering the five-bedroom, 41/2-bath penthouse unit for $1.5 million, with a condo fee of 22 cents per square foot (about $1,000 per month). A spiral staircase on the 8-foot-wide balcony climbs to a private 288-square-foot rooftop patio with 360-degree views of the city.

Nine structures, including the Farmers' Deposit Bank and White Dog Cafe, were demolished in 1997 to make way for a Lazarus department store at Fifth Avenue and Wood Street. The store closed in 2004, and Millcraft purchased the building from Federated Department Stores for $8.5 million in 2006. Millcraft has spent $65 million transforming the Lazarus-Macy's building into condos, office and retail space.

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