56 Leonard Lobby—street view featuring Anish Kapoor sculpture and vertical garden

Press

2016

The Skyscraper Architects Who Find Inspiration in Disintegration

Financial Times | February 26, 2016

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Whether we think of the angular fragmentation which is the basis of cubism or the dreamlike incoherence of James Joyce’s Ulysses, it is clear that the art of the modern city emerged from an understanding of the essence of the city as an incoherent place of limitless possibility…

2015

Pushing Prices is a Risky Game

The Real Deal | May 12, 2015

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Despite astronomical prices and insatiable demand for luxury real estate in Manhattan, developers Joe Moinian and Ziel Feldman see restraint in the market.

Before the Met Gala, Mingling at the Mark

The New York Times | May 5, 2015

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“Fashion people and celebrities feel liberated here,” said Izak Senbahar, the owner of the Mark Hotel, as attendees of the annual Costume Institute Gala mingled in his lobby on Monday afternoon. “They feel like they can be themselves.”

A Tribeca Makeover Geared Toward Families

The Wall Street Journal | March 12, 2015

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On any given day, there are about 400 people—construction workers, truck drivers, engineers and designers—laboring to build 56 Leonard, a 60-story residential skyscraper rising in Tribeca.

Power Lifting of a Residential Kind

The New York Times | February 6, 2015

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Izak Senbahar, the president of Alexico Group and co-developer of 56 Leonard, the undulating tower that redefined TriBeCa’s skyline, didn’t hesitate when it came time to select a fitness guru to assemble what, in his opinion, is the most pivotal amenity component of a luxury residential project: its fitness center.

2014

Reasons to Love New York: #39

New York Magazine | December 15, 2014

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Jacques Herzog, half of the Swiss architecture duo Herzog & de Meuron, grabs a tray full of sugar packets from the café table and lays it across a cappuccino cup, then balances another cup on top of that.

Creature Comforts, à la Carte

The New York Times | October 24, 2014

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The uninitiated buyer could be forgiven for thinking that an apartment with a price tag of $10 million, $20 million or much more comes fully loaded with amenities.

Building The Extraordinary

Leaders Magazine | October 2014

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An Interview with Izak Senbahar, Alexico Group LLC.

Buy Condo, Then Add Parking Spot for $1 Million

The New York Times | September 9, 2014

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What will $1 million buy in New York City? A diamond-encrusted Cartier men’s watch. A small fleet of 2014 Bentley Continentals. Or maybe your very own parking spot in SoHo.

Five Star Hotelier: Izak Senbahar, Owner of The Mark Hotel

The Native Society | March 13, 2014

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Izak Senbahar was born in Istanbul in 1959 and moved to the U.S. in 1977 to attend The Catholic University of America in Washington, D.C.

2013

The Stars Inside the Building

The New York Times | December 27, 2013

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The real estate industry in New York City continues to produce pricey new condominiums, seemingly at the rate of tennis balls spit out of a ball launcher.

Izak Senbahar

The Real Deal | December 2013

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Izak Senbahar is the president of the Alexico Group, the development firm behind high-profile condo projects such as Grand Beekman on East 51st Street, 165 Charles Street, the Laurel on East 67th Street and the condo conversion of the Mark Hotel.

Stratospheric Views, and Prices

The New York Times | November 3, 2013

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Walking slowly to the windows facing the meadow of green that is Central Park, Gary Barnett slips into salesman mode as he spreads his arms wide, embracing the sweeping bird’s-eye view he has from the 87th floor of his shimmering skyscraper in Midtown Manhattan.

A 13th Floor Condo? No Such Luck

The Wall Street Journal | September 5, 2013

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When construction is complete on 56 Leonard Street, a 60-story skyscraper in Manhattan’s TriBeCa neighborhood, amenities will include an indoor/outdoor theater, 75-foot lap pool, library lounge and private dining salon. What it won’t have: a 13th floor.

Condo’s Price Is Straight Up

The Wall Street Journal | June 26, 2013

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A penthouse atop a new condominium skyscraper that resembles a pile of haphazardly stacked boxes has gone into contract for $47 million, a record for a condo sale below Midtown Manhattan.

Izak Senbahar—The 30-Minute Interview

The New York Times | April 16, 2013

Izak Senbahar 30 Minute Interview

Mr. Senbahar, 54, is the president of the Alexico Group, a New York developer of luxury hotels and condominiums. The company also provides property management services for its buildings.

2012

Adding to the Quality of Life

Leaders Magazine | October 2012

Leaders Magazine October 2012

Based in New York, Alexico Group LLC is a real estate development firm with a portfolio of projects including The Mark Hotel, The Laurel, 165 Charles Street, and 56 Leonard.