This designer renovated corner pre-war condo loft with southern exposure, industrial character and clear views will astound you with its sheer volume of space. Expertly designed by Fernando Santangelo, whose work appears frequently in the pages of World of Interiors, Architectural Digest, Elle Decor and The New York Times Magazine. The open concept living space spans 35' and is hallmarked by iconic loft trademarks, 12 high ceilings, wood floors, and custom oversized windows throughout. The home is flooded with natural light from sunup to sundown. The expansive great room layout affords a seamless open flow for entertaining, with a large living and dining area and an open chefs kitchen with stainless still top of the line appliances. There is a beautiful oversized master bedroom and in addition, a separate built-in office/couch daybed for guests designed within the custom bookcases and built-ins. Finished by a stunning custom-designed windowed bathroom with both access from the living room and bedroom. The building is comprised of two units per floor which gives it a unique sense of intimacy. Low monthlies, incredible investment, elevator building.
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