Originally commissioned by retail magnate F.W. Woolworth, architect Cass Gilberts magnificent 792-foot tall neo-Gothic masterpiece continues to capture the imagination and grace the worlds most famous skyline. The 32 individually crafted condominium residences developed by Alchemy Properties start on the 29th floor and are designed by world-renowned French architect, Thierry W Despont with a design quality, craftsmanship and attention to detail befitting this beloved landmark. Set 580 feet above street level, this sprawling one-bedroom, one and a half bath home is approx. 1294 square feet of gracious living space. This luxurious tower apartment offers double exposures facing North and West with sweeping city and river views, an oversized kitchen with three enormous windows, over 10' ceilings, and solid oak herringbone floors throughout. This magnificent kitchen has open views of the Manhattan skyline, custom Dada cabinetry by the Molteni Group, Dornbracht hardware, Calacatta Caldia marble counters and backsplashes as well as a suite of Miele appliances. The master suite boasts four closets, a spacious windowed bathroom outfitted with steam shower, double vanity by the Molteni Group, Calacatta Caldia marble floors and marble slab walls and radiant heated floors with a Nero Marquina border all finished with Dornbracht Platinum fixtures and Nanz nickel hardware. With never more than two homes per floor, life at The Woolworth Tower Residences offers a club like intimacy while surrounded by world-class restaurants, hotels and shopping. The Gilbert Lounge, Woolworth Pool, Fitness Studio, Wine Cellar and Tasting Room, Bike Room, On-Site Attended parking and resident-only Lobby and white glove service ensure that while living in the most dynamic city in the world one has the amenities, privacy and security to feel right at home. Immediate occupancy.
Tribeca (Triangle-Below-Canal) extends south of Canal Street, down to Barclay Street, between Broadway and the Hudson River. The area is made up of lofts, once used for light manufacturing and warehouses, that have slowly been converted into luxury rental and loft condo buildings. TriBeCa boasts some famous residents such as Harvey Keitel, Robert De Niro and Mariah Carey. Tribeca has many high-priced, fashionable restaurants and clubs as well as its share of avant-garde clothing, design shops and galleries. Every top restaurant in town can be found here. Tribeca is safe, has great schools, and is situated a mere 15 minutes from Midtown.
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