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  #741  
Old Posted Apr 8, 2014, 5:24 AM
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http://www.bloomberg.com/news/2014-0...yscrapers.html

Lower Manhattan Condos Rival Midtown’s Luxury Skyscrapers





By Oshrat Carmiel
Apr 8, 2014


Quote:
.....“It’s a new class of luxury product that’s being introduced,” said Kelly Kennedy Mack, president of Corcoran Sunshine. “We are seeing buyers who historically were attracted to Midtown come downtown. They’re getting the same high level of design and spectacular views.”

Downtown buildings accounted for 51 percent of Manhattan’s new-development sales last year, compared with 35 percent in 2012, according to the brokerage. Developers in the area have more than 4,000 units planned for construction or delivery within the next two years.

.....In the southern part of Tribeca, once largely a warren of government office buildings, more than $1 billion of sales were completed in the past year at 56 Leonard after the developer, Alexico Group LLC, waited out the financial crisis.

The foundation for the planned 60-story tower was poured in mid-2008, just before the collapse of Lehman Brothers Holdings Inc. Alexico halted deals and construction for more than four years, said Izak Senbahar, the company’s president.

Now, of the 145 units in the building, designed to look like a stack of delicately balanced blocks, only eight remain. A 7,800-square-foot duplex penthouse sold for $47 million.

The project “just hit a nerve where a lot of downtown people wanted to upgrade,” Senbahar said. “They needed a larger space, they wanted views, they needed a doorman and a garage.”

About 75 percent of the buyers were New Yorkers, said Senbahar, who initially assumed that much of the interest in the tower would come from overseas.

“Local people really grabbed it before we could do a marketing campaign overseas,” he said.
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  #742  
Old Posted Apr 8, 2014, 5:53 AM
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Thats good that its local. I thought too that it was much higher from overseas. And, that view in that picture is amazing.

This city is just becoming unreal. All of these developments, the parkland, and it goes on. Glad to be nearby too. Once the weather gets nicer, I think its time to visit. Maybe take photos for a thread. I may swing by many of these projects and take updated pictures in a week or too.
     
     
  #743  
Old Posted Apr 8, 2014, 3:00 PM
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  #744  
Old Posted Apr 10, 2014, 6:50 PM
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  #745  
Old Posted Apr 11, 2014, 12:31 AM
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  #746  
Old Posted Apr 11, 2014, 4:40 AM
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Looking good
     
     
  #747  
Old Posted Apr 11, 2014, 7:29 PM
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  #748  
Old Posted Apr 12, 2014, 6:51 PM
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I saw two women near Astor Place the other day - one of them was holding a small paper bag with an image of the top portion of 56 Leonard on it. I didn't have the courage to ask her where she got it, but clearly some promotion is occurring.
     
     
  #749  
Old Posted Apr 13, 2014, 4:47 PM
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  #750  
Old Posted Apr 13, 2014, 6:33 PM
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I saw the renderings some time ago (a long time ago I think). This is really a surprise to see it finally under construction. I have to admit, I thought it looked quite strange when I first saw it , but seeing some of the interior renderings, and seeing the beginning of construction. Well, it's starting to look to be an "exciting" tower! I'm starting to like this quite a bit! Only New York could pull something off this unique! New York is like the Dubai of the U.S. I mean that as a compliment. If this were proposed anywhere else, I could just imagine nimbys coming out in full force. I will keep this one on my radar! Lookin' good!
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  #751  
Old Posted Apr 17, 2014, 12:58 AM
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  #752  
Old Posted Apr 17, 2014, 1:00 AM
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Quote:
Originally Posted by mmikeyphilly View Post
I saw the renderings some time ago (a long time ago I think). This is really a surprise to see it finally under construction. I have to admit, I thought it looked quite strange when I first saw it , but seeing some of the interior renderings, and seeing the beginning of construction. Well, it's starting to look to be an "exciting" tower! I'm starting to like this quite a bit! Only New York could pull something off this unique! New York is like the Dubai of the U.S. I mean that as a compliment. If this were proposed anywhere else, I could just imagine nimbys coming out in full force. I will keep this one on my radar! Lookin' good!
You mean to say Dubai is like the New York of the Middle East.
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  #753  
Old Posted Apr 17, 2014, 1:43 AM
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  #754  
Old Posted Apr 17, 2014, 3:22 AM
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What the..

this building can crawl back to whatever rock it came from
     
     
  #755  
Old Posted Apr 17, 2014, 6:59 PM
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Originally Posted by fimiak View Post
You mean to say Dubai is like the New York of the Middle East.
Very true, I can't argue with you on that. They are both World Class Cities. And both in the sense, have daring & earth shattering ideas when it comes to architecture. I was just kind of comparing the similarities between the two.
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  #756  
Old Posted Apr 24, 2014, 1:26 AM
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Originally Posted by Eveningsong View Post
What the..

this building can crawl back to whatever rock it came from
Obvious troll is obvious.
     
     
  #757  
Old Posted Apr 25, 2014, 4:59 PM
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Construction Update: 56 Leonard




==============================
http://www.yimbynews.com/2014/04/con...ard-april.html
     
     
  #758  
Old Posted Apr 27, 2014, 12:32 AM
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  #759  
Old Posted Apr 27, 2014, 4:27 PM
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Are they pouring the balconies on the lower floors after the fact? They don't look like their included in the main floor plate.
     
     
  #760  
Old Posted Apr 29, 2014, 12:42 PM
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