The Real Deal New York

New Condos: Tribeca
56 Leonard Street

July 10, 2014 11:20AM

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56 Leonard Street 2

At 60 stories, 56 Leonard is Tribeca’s tallest residential building. The Herzog & de Meuron-designed condo building is an architectural showpiece, with a look that has been compared to Jenga blocks (albeit glassy ones). At press time, just four condos in the 145-unit project were still available. Sales at the project, which was put on hold for years amid the financial meltdown, were officially launched in March 2013. Alexico Group and Hines are the developers. The available homes range from a four-bedroom, measuring 3,709 square feet and asking $14 million, to a five-bedroom penthouse, measuring 5,489 square feet and on the market for $33 million. (A $47 million penthouse went into contract last year, but hasn’t closed yet.) Building amenities include a doorman, a gym, a children’s playroom and a swimming pool. Contact www.56leonardtribeca.com or 212-965-1500.

NAME56 LeonardPRICE RANGEFrom $16,500,000 to $33,000,000
ADDRESS56 Leonard StreetSIZE RANGEFrom 3,709 Sq Ft to 5,489 Sq Ft
TYPENew buildingAVG PPSF$5,195
TOTAL UNITS145TAX ABATEMENTYes
DEVELOPERAlexico Group, HinesAVG COMMON CHARGE$1.02/sf
BROKERCorcoran SunshineFINISHED BY2015
Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.

 

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