275 South is a newly-renovated modernist, doorman building overlooking the waterfront in the Two Bridges area of the Lower East Side.
The building’s signature style, marked by a cool, classic simplicity, has been applied to the spacious residences. Amenities will include a brand new roof deck, co-working space, and a new gym, all of which have been designed and curated for creative, collaborative lifestyles.
Subway access is minutes away as are the destinations LES has become known for, such as Metrograph Theater, Mission Chinese, Kikis, Dimes, 169 Bar and Hester Street Fair.
The building exterior and common areas were reimagined by ORE Design and apartment interiors were designed by ASH.
The Lower East Side is a neighborhood that was once largely identified as an immigrant and working class area, but now serves as a sought-after spot that is home to many fashionable boutiques, trendy restaurants, and an effervescent art scene. Once placed on the National Trust for Historic Preservation’s Most Endangered Places, the LES continues to blossom as fresh architecture quickly replaces the pre-war customary type building. As a result, this mix of new and old leads to many complementary streetscapes and scenery. The LES is home to many parks including the popular La Plaza Cultural and surrounded by East Houston Street to the north, Canal Street to the south, the East River to the east and Bowery to the west. Known as one of the oldest neighborhoods in the city, the Lower East Side is definitely a place with unique charm.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more