In response to the COVID-19 pandemic, Extell Development Company is offering discounts of up 20% at remaining inventory at its luxury One Manhattan Square development. The building also offers a 20-year tax abatement and low common charges.
“Sales velocity at One Manhattan Square has been consistently strong; however, given today’s uncertainty, we felt that there was an opportunity to re-engage the market with price discounts on new deals,” said Gary Barnett, Extell founder and chairman. “While we have adapted to selling our residences through a virtual sales experience, we recognize that it is also important to incentivize our buyers with this program. Combined with low interest rates and a 20-year tax abatement, we feel this will make for a very compelling offering.”
Located in the Lower East Side, One Manhattan Square features architecture by Adamson Associates Architects and custom interiors by Meyer Davis Studio. All of the residences, ranging from one to three bedrooms, are positioned to maximize panoramic skyline views. The building also offers 100,000 square feet of indoor and outdoor amenities, as well as 360-degree views of New York City.
This pricing discount is for a limited time and only applicable to new contracts executed after May 1.
