Welcome to 56 Leonard Street, the iconic Herzog & de Meuron building featuring an original Anish Kapoor sculpture at its base. Unit 15BW, a corner 2 bed, 2.5 bath residence, spanning 1,733 square feet, is undoubtedly the best and largest two bedroom layout in the building! Surrounded by floor to ceiling windows with North and West exposures, the expansive great room boasts 38' x 19' dimensions, 11' ceilings and a large balcony with unobstructed views of Tribeca and the Hudson River. Both bedrooms offer en suite bathrooms and great closet space, including a large walk-in closet in the master bedroom. The great room, kitchen and each bedroom have separately controlled HVAC units for independent heating and cooling year-round. Upgrades include remote controlled shades, Lutron lighting, Nest thermostats and all closets fully built-out.
In addition to its 24 hour doorman and concierge, 56 Leonard has 17,000 square feet of amenities, including a 75-foot swimming pool, hot tub, landscaped sundeck, fitness center, treatment rooms, steam room, sauna, movie theater with stadium seating, library lounge with catering kitchen and children's playroom - all programmed with incredible events by LivUnLtd. All of this is achieved while maintaining low common charges of $2,325 per month. The unit also benefits from low taxes of only $1,658 per month due to a 421-A tax abatement.
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