New Price - Immediate Occupancy.LIVE LARGE! Residence 6C is an efficient and thoughtfully designed one bedroom with an OPEN southern exposure, city skyline views and beautiful light thru floor to ceiling windows. With airy 10 ceilings, the living/dining area offers a comfortable space to relax and entertain. The open kitchen will please all cooks and features Alta custom Italian cabinetry topped with honed Carrara marble counters and slab backsplash and a full complement of Miele appliances. The sunny master bedroom boasts a generous walk-in closet and ensuite master bath. The bath is spa-like with a custom vanity, walls finished in Bianco Dolomite marble tile and a luxurious, glass enclosed shower with walls and floor in Gray Danube marble tiles and slab. Completing this home are 7 whitewashed oak floors, a Miele washer and dryer and ample closets. Building amenities include a part-time doorman with virtual doorman technology, a fitness center, a landscaped common roof terrace with outdoor kitchen, bike storage, supplemental laundry and private storage (for purchase). Located on East Houston Street between Clinton and Suffolk streets, 287LES is situated in the heart of the Lower East Side and is convenient to the best shopping, restaurants, galleries and nightlife. Public transportation is nearby with the F,M, J, Z and 6 subways all easily accessible. The monthly common charges stated reflect a 3-year subsidy paid by the sponsor.The complete offeringterms are in an offering plan available from the sponsor. File No CD15-0389. Sponsor: 287 LES JV, LLC, 535 Madison Avenue, 37th Fl, NY, NY 10022All showings are by appointment. *Note: The views shown are from the 3rd floor. 6C has open sky exposure.
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