Steinberg added. And at nearly 800 feet up in the air in a neighborhood without a huge amount of high-rise construction, the views at the top of 56 Leonard are about as guaranteed as they get outside of Central Park and the waterfront. “I think there’s nothing stronger in real estate in Manhattan than the power of a protected view,” Mr. Jonathan Miller at Miller Samuel also thought the pricing sounded reasonable, and pointed out that Superior Ink has done sales in the mid-$3,000s per square foot. “If you look at the rest of the market to see what you can buy for that price, that’s very attractive pricing,” Leonard Steinberg of Douglas Elliman told The Observer. The Alexico Group and Houston-based Hines Interests, who are working together to develop the building, are asking $3.62 million for a 14th floor two-bedroom at 56 Leonard, which at 1,733 square feet only comes out to just a bit over $2,000 a foot-not bad for new construction by Pritzker Prize-winning architects! Of course, knowing the way things go, the developer may hike prices in the future. The $24 million price tag is not for the faint of heart, but at about $4,500 per square foot, it’s a steal compared to some of the new uptown construction heading skywards (432 Park and One57 are asking an average price of $6,000 per square foot, with prices rising significantly on the priciest units). The penthouse, just one floor shy of the building’s top unit, clocks in at a sizable 5,252 square feet, and is carved into four, very generously-sized bedrooms. (The Herzog & de Meuron-designed tower does have one major advantage over a Jenga structure: it’s not likely to fall down anytime soon.) Just a month after the Alexico Group closed on a $350 million construction loan for the downtown tower, nine units-ranging from a lowly two-bedroom on the 14th floor to a $24 million full-floor penthouse on the 57th floor-have been listed with Corcoran Sunshine. It may look like a glass and steel version of wooden Jenga tower, but a piece of 56 Leonard Street will cost buyers considerably more than the $13 Parker Brothers game. The 123,000 a month price tag makes this one of New York City’s most expensive rentals. It’s a very luxurious combination of ear-popping & eye-popping real estate.

56 Leonard’s second most expensive unit is asking $24 million. The jenga-shaped luxury high-rise towers over the Big Apple’s skyline with epic views in every direction.

Jenga new york