Inspired by the architecture of the Ladies Mile Historic District, 55 West 17th fuses classic details with modern functionality. Celebrated firm Morris Adjmi Architects has designed a building rich with contrast and texture that fits within the historic context of the neighborhood. The elegant facade is crafted of handmade Danish white brick; the entrance detailing, window frames and cornice are fashioned of bronze architectural metal. Thoughtfully chosen amenities include a fitness center, a children's play room, bicycle storage, a screening room with wet bar, a residents' lounge with billiards table and catering kitchen, and a landscaped terrace with a grilling area. Parking and storage are available for purchase. The condominium offers 53 homes, which range from one- to four- bedrooms. The residences offer exquisite finishes and generous living spaces. Centrally located, and within steps of parks, galleries, dining, shopping and transportation, 55 West 17th offers a lifestyle both cultured and convenient.
Chelsea extends from 14th Street to 29th Street, west of Sixth Avenue (Avenue of the Americas) to the Hudson River. Chelsea is located near the garment district and is in the midst of the flower district. Apartments in this neighborhood are comprised of many walk-up buildings, lovely brownstones, and loft-style structures. Many new stores have opened up along Sixth Avenue and an impressive assortment of restaurants can now be found on Eighth Avenue. The area is home to the Joyce Theater and many other noteworthy art galleries located on the westernmost blocks of the neighborhood.
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