Residence 11W at 45 Park Place offers light-filled living with meticulously appointed interiors by Italian design icon, Piero Lissoni. This 880 sq ft 1 bed, 1 bath residence features 13' ceilings with floor-to-ceiling West and South exposures. Enter into a large living/dining room complete with custom On/Off Boffi designed kitchen outfitted with a Gaggenau appliance package. The spacious bedroom suite features a Carrara marble bathroom with custom MOMA Design custom bathtub and vanity. Each home features Italian-made hardware by Fantini, frameless Lualdi wall-flush doors and white oak flooring throughout. Additional features include a 4-pipe multi-zone heating and cooling system, full-size washer and vented dryer, and is prewired for AV and automatic shades. This full-service boutique building is enhanced by two levels of impeccably curated amenities including a 24-hour attended lobby, swimming pool with steam room and cedarwood sauna, resident's lounge with billiards table, playroom and Technogym fitness center with separate yoga/barre studio.
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