Rarely available and renovated high floor, spacious 1 BR with 1.5 baths in the highly coveted Savoy Condominium. This 904 sq. ft. corner residence, with private terrace, is the largest one bedroom line in the building. There are fabulous open views to the east, north and west. Entry foyer with powder room leads to the spacious living room with dining area, measuring 26' x 13'5. The apartment has a renovated open kitchen (10'1 x 6'4) with stainless appliances, new cabinets, countertops and backsplash. Nice sized bedroom (15'9 x 12'4) with en-suite bath, and very good closet space. Red oak hardwood floors throughout. The Savoy features fabulous amenities, including superb 24-hour doorman & concierge service, a wonderful health and fitness club which is included in the rent and open 24 hours a day, masseuse and sauna, wrap-around sundeck, party room and children's play room, on-premises dry cleaning and housekeeping service.
Manhattan’s Upper East Side extends from 59th St. to 96th St., east of Fifth Avenue and is known as one of the most prestigious neighborhoods in the city. The neighborhood consists of stylishly restored old mansions, luxury high rises, stately townhouses, and several of the best co-ops and condos in Manhattan. This district includes access to some of the finest public schools as well as elite private schools like The Dalton School and The Brearley School. Central Park is a quick westward stroll away. Art lovers will find that they can walk to their favorite museums, namely The Metropolitan, The Guggenheim, The Frick, and The Whitney. They can also visit the famous auction houses of Christie’s and Sotheby’s. Posh boutiques and upscale intimate restaurants enhance the area’s elegance.
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