Come home to this stunning Penthouse 2 Bedroom, 2 Bathroom with a beautiful terrace at The District. The District at 111 Fulton Street is a premier full-service condominium building in the heart of lower Manhattan. Originally built in 1940, the building was converted into condominiums in 2007 by architect Karl Fisher and consists of 163 residences. With sleek and modern interiors designed by Andres Escobar, residences feature oversized windows, wide-plank oak or marble flooring, soaring ceiling heights reaching as high as 12-feet, Caeserstone countertops and high-end kitchen appliances by Miele, Liebherr and Gaggenau. Residents of this 24-hr doorman building enjoy no shortage of amenities which include a 12,000 square-foot furnished roof deck, fitness center with yoga room, lap pool and jacuzzi, steam and sauna rooms, billiards room and library as well as additional basement storage rooms. 111 Fulton Street is conveniently located across the street from the Fulton Street subway hub, offering direct access to almost every subway line that services New York City as well as PATH train services. Other easily accessible transportation routes include the Brooklyn Bridge, the FDR Drive and the West Side Highway. It is nestled amongst several world-class restaurant and entertainment options in this booming neighborhood and is surrounded by several points of interest including the vibrant Seaport District, Oculus shopping mall, Brookfield Place, Rockefeller Park and Pier 25. A short walk will lead you to the surrounding neighborhoods of Tribeca, Battery Park City, Wall Street and Chinatown and all that they have to offer.
The Financial District encompasses the entire area of Manhattan below Chinatown and Tribeca to the southern tip of the island. Several office buildings in the area have been converted for residential use, making what was once a quiet place after the business day a vibrant neighborhood bustling with shops and restaurants that cater to the growing full-time population. This is a great location for those wishing to walk to work on Wall Street. Also in the area is Battery Park City, a mixed residential and commercial neighborhood within walking distance to the downtown business district. Battery Park City is a small “city within a city” with shops, restaurants, and even a marina. The Financial District is home to the South Street Seaport with its beautiful harbor views and many shops and restaurants. Open-air concerts are also held here. At the very tip of the island, one can take in spectacular views of Governors and Ellis Islands and spot the Statue of Liberty in the distance. Also within walking distance are the Castle Clinton National Monument and the Jewish Heritage Museum.
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