56 Leonard Tribeca Condo by Herzog & de Meuron

The long awaited design for 56 Leonard Street in Tribeca by Swiss architects Herzog & de Meuron has been revealed. Above you can see the upper floors, where a stack of cantilevered condo lofts will tower over the once charming neighborhood. The 57 story tower, to be completed in 2010, will have 145 apartments, each with a unique layout. It is worth noting that on the same day this project is revealed another major Wall Street bank has gone under - Lehman Brothers - and with it thousands of high paying New York City jobs. This project could be the capstone to an era. One thing is for sure: it is another step in the transformation of Tribeca into Triburbia, where nannies push strollers by day and black towncars idle at night. Manhattan as stage set for wealthy foreigners and tourists. After the jump some other views for your pleasure, and our take on why this works better than Rem Koolhaas's similar concept uptown.