The most ambitious downtown project in development now is 56 Leonard Street in Tribeca. The building will be a 60-story glass tower, comprising 145 units, which will make its immediate neighbors look like dwarves. It has a very special design with differently shaped floor plans that make it look like the Jenga game (the one where players take turns to remove a block from a tower of wooden blocks and balance it on top).
The project was in the works in 2008 already. The developers had purchased the land while working on financing and beginning the marketing efforts. The sales office was opened and pre sales were happening briskly until, as we know, the world came to a screeching halt.
At that point the developers had to restructure the ownership of the project, extend loans, bring in more partners and be patient.
What didn’t change was the daring design of the building. It will become iconic whether people will love it or hate it (as it will probably engender divided opinions). It will require extra attention and time during construction due to the large cantilevers, which start on the seventh floor and reoccur on the upper levels. For a regular concrete building, it takes 2 days to build a floor, but in the case of 56 Leonard, it will be closer to a week.
The sales office has now reopened. Prices range from $3.78 million to $32 million. A 17,000 square-foot amenity space on the ninth and tenth floors will have a 75-foot infinity pool, a landscaped outdoor sundeck and a hot tub with views of the Hudson River.
Owning at 56 Leonard will be certainly a statement.

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