15 Leonard Street Tops-Out

15 Leonard Street15 Leonard Street

The new six-unit building at 15 Leonard Street is just about topped-out, and its nine-story frame is barely noticeable. The project is immersed in its historic-minded surroundings; the initial proposal drew comparisons to Darth Vader, but what’s ultimately gone up is far from overbearing.

15 Leonard Street

15 Leonard Street

15 Leonard Street’s developer is Steven Schnall, and the architect is Turett Design. The project underwent minor revisions during the design phase, based on the NIMBY opposition, and the final product is relatively diminutive; indeed, everything in the vicinity will be relatively short compared to 56 Leonard, which is rising one block to the east. The ‘boutique luxury’ segment of the market is especially strong in Tribeca, and units at 15 Leonard will fetch high premiums, as the block is very attractive.

Each of the condominiums will be full-floor, except for the top unit, which will be a triplex.

15 Leonard Street

15 Leonard Street

The project’s topping-out comes just as several other developments get underway to the Northwest. Work is in full swing at the Sterling Mason, and foundations are underway at 460 Washington Street.

Completion of 15 Leonard is expected late this year.

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TFC Horizon