88 Leonard Street | TRD Research
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88 Leonard Street

88 Leonard Street
New York, NY 10013
312-948-4512
Residential, Multifamily

88 Leonard Street is a 371,813 square foot building in the Tribeca neighborhood of Manhattan. The property has 352 total units and an occupancy classification of J2: RESIDENTIAL. The building is owned by Jamestown Properties. The building was completed in December of 2006.

  • Address 88 Leonard Street
  • neighborhood Tribeca
  • borough Manhattan
  • owner Boymelgreen Developers
  • developer Boymelgreen Developers
  • owner entity WATERTON
  • architect Hill West Architects
  • PLANS DISCLOSED 01/13/2004
  • dob permit issued 12/16/2004
  • tco issued 12/08/2006
  • DOB FILE PLANS 01/13/2004
  • DOB FILE Link
  • height in feet 220
  • floors 21
  • residential units 352
  • total units 176
  • square feet 371,813
  • const. status BUILDING COMPLETE
  • block and lot 1-00173-0027
  • BIN 1087082
  • Event Financing
  • Address 88 Leonard Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 396,000
  • Price $ 145,000,000
  • Publication Date 10/01/2017
  • Event Date 09/06/2017
  • Party 1 Jamestown Properties
  • Party 2 Capital One
  • Party 2 Brokerage Capital One
  • Party 2 Broker Paul Kesicki
notes
The real estate firm acquired a refinancing loan for $145 million.
  • Event Sales
  • Address 88 Leonard Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 305,000
  • Price $ 240,000,000
notes
The rental property sold for $240 million
  • Event Sales
  • Address 88 Leonard Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 37,000,000
notes
A 49 percent stake in the rental building closed for $37 million. The transfer of Africa Israel USA's remaining stake, the senior mortgage and the mezzanine loan is expected to close in the first half of 2012. The prices for those components were $17 million, $132 million and $24 million, respectively, according to a previous report by Bloomberg News, for a total cost of about $210 million. The deal is being closed in two stages for accounting purposes, according to David Schwartz, Waterton Associates' co-founder.