The Real Deal New York

Posts Tagged ‘56 leonard street’

  • 56 Leonard

    56 Leonard

    In February, the final penthouse at Tribeca’s 56 Leonard hit the market for $18.75 million. Since then, construction on the Jenga-like tower being developed by Alexico Group and Hines has made significant progress, finally giving buyers a real-life idea of what they are paying an average $5,213 per square foot for. [more]

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  • From left:

    From left: 56 Leonard Street, 150 Charles Street and Walker Tower

    Developers are taking advantage of New Yorkers’ desire for green space by maximizing the amount of “outdoor living” a space offers — and then charging a premium for it. [more]

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  • The final piece of the Jenga tower?

    February 24, 2014 04:50PM
    Rendering of the remaining penthouse at 56 Leonard Street

    Rendering of the remaining penthouse at 56 Leonard Street

    Despite previous reports that the last full-floor penthouse at 56 Leonard Street had already hit the market, the 145-unit Tribeca condominium in fact had more penthouses to offer, it seems. [more]

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  • From left: Franklin Place and 56 Leonard Street

    From left: Franklin Place and 56 Leonard Street

    The formerly industrial neighborhood of East Tribeca has been transformed into a hip enclave commanding top-drawer real estate prices. [more]

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  • From left: 101 Leonard and 56 Leonard Street

    From left: 101 Leonard and 56 Leonard Street

    Broadway may be the stuff of New York City dreams, but these days, developers are putting down roots on Leonard Street. [more]

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  • From left: 30 Park Place, Izak Senbahar and 56 Leonard Street

    From left: 30 Park Place, Izak Senbahar and 56 Leonard Street

    The revival of development projects in Manhattan and Brooklyn resulted in a 12 percent year-over-year drop in the number of stalled construction sites in New York City, according to the latest report from the New York Building Congress. There were 610 stalled construction sites citywide in November 2013, compared to 690 in November 2012 and a peak of 709 in November 2010, according to data from the New York City Department of Buildings. [more]

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  • 56-leonard

    56 Leonard penthouse

    The eighth and last full-floor penthouse condominium at 56 Leonard is up for grabs. [more]

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  • When is a penthouse a penthouse?

    September 26, 2013 05:31PM
    From left: 56 Leonard, 295 Lafayette Street and 432 Park Avenue

    From left: 56 Leonard, 293 Lafayette Street and 432 Park Avenue

    The crème de la crème of Manhattan’s residential real estate scene — the penthouse — was once an exclusive, rare domain, a perch atop the city’s finest buildings. [more]

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  • From left: Izak Senbahar, 56 Leonard Street, Gary Barnett and unlucky 13

    From left: Izak Senbahar, 56 Leonard Street, Gary Barnett and unlucky 13

    New Yorkers aren’t thought of as being particularly superstitious, but developers don’t want to take any chances. Less than 5 percent of mid- and high-rise residential condominium buildings in Manhattan and Brooklyn have a designated 13th floor, according to an analysis of 1,500 condo declarations by real estate listings site and data provider CityRealty. [more]

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  • 56 Leonard Street

    56 Leonard Street

    Izak Senbahar’s 56 Leonard Street, the high-end “Jenga” condominium in Tribeca, is selling storage space for up to $1,800 per square foot. The 60-story skyscraper recently sold a 200-square-foot storage unit in the basement for $300,000 — about $1,500 per square foot. The average sale price for an existing home nationwide was $260,600 in July, according to the National Association of Realtors. [more]

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  • From left: 157 West 57th Street, 56 Leonard Street, 10 Madison Square and 212 West 18th Street

    From left: One57 at 157 West 57th Street, 56 Leonard, 10 Madison Square and Walker Tower at 212 West 18th Street

    If every apartment at 432 Park Avenue sells for the asking price, Harry Macklowe would gross a cool $2.9 billion — enough to buy 8.6 million tons of sugar. [more]

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  • From left: Extell President Gary Barnett and One57

    From left: Extell President Gary Barnett and One57

    At Extell Development’s white-glove One57 condominium development — where asking prices have reached an astronomical $10,500 per square foot — buyers are set to receive a 94 percent discount on annual real estate taxes, the New York Times reported, citing a review of the offering plans of some of the city’s priciest new projects. [more]

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  • 56-Leonard-credit-Herzog-de-Meuron

    56 Leonard (Credit: Herzog de Meuron)

    A penthouse at 56 Leonard asking $31 million was the most expensive Manhattan home on the market to go into contract last week, making it the fifth of 10 penthouses there to have sold, according to residential brokerage Olshan Realty’s latest market report. [more]

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  • Renderings of the exterior and interior of 56 Leonard

    Renderings of the exterior and interior of 56 Leonard Street

    If 2013 keeps up the current pace, this year will be the strongest market for luxury sales since 2007, according to residential brokerage Olshan Realty’s latest market report. [more]

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  • A rendering of 56 Leonard (image courtesy Herzog & de Meuron)

    A rendering of 56 Leonard (image courtesy Herzog & de Meuron)

    A penthouse at the Alexico Group’s 56 Leonard Street has gone into contract for $47 million, a record for a condominium sale Downtown, the Wall Street Journal reported. [more]

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  • penthouse-56-leonard

    Rendering of 56 Leonard penthouse

    So far this year, 133 contracts have been signed for Manhattan homes asking $10 million and up — more than double the number at this point in 2012, according to the latest market report from residential brokerage Olshan Realty, which looks at properties priced at $4 million or more. [more]

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  • Alexico's Simon Elias and the Grand Beekman penthouse

    Alexico’s Simon Elias and the Grand Beekman penthouse

    Alexico Group co-head Simon Elias, one of the developers behind the much-hyped condominium tower going up at 56 Leonard Street in Tribeca, is selling his own home at Grand Beekman at 400 East 51st Street, another building developed by Alexico. [more]

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  • A rendering of 56 Leonard Street and a rendering of 432 Park Avenue (Credit: dbox)

    High demand for super-luxury homes has tilted the scales, if you will, in favor of tall, skinny residential developments, the Wall Street Journal reported.

    With buyers shelling out $3,000 per square foot for apartments perched in the sky, it makes financial sense for the developers to build needle-like towers. Previously, builders acquired wide sites, since constructing tall properties on small sites was expensive, the Journal said. [more]

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  • Kirk Henckels and a rendering of 56 Leonard Street

    The wealthy have flocked back to the Manhattan luxury market, spending even more than they did in the pre-crisis highs, but are doing so more discreetly, a new report seen by the Wall Street Journal shows.  [more]

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  • A rendering of 56 Leonard

    After only about a week on the market, four of the 145 units at the luxury condominium building at 56 Leonard Street in Tribeca are in contract, Curbed reported. The long stalled project restarted construction in October and put its first round of units on the market on Feb. 28.

    The contracted prices for the four units range in price from $4.3 million for a 1,691-square-foot two-bedroom unit to $10.5 million for a 3,412- square-foot four-bedroom unit. A 2,252-square-foot three-bedroom is also in contract for $5.5 million. [more]

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