Condo at 56 Leonard under contract for $47M, Manhattan project now 80 percent sold

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

A 7,800-square-foot condo in the slim 60-story tower going up at 56 Leonard St. in Manhattan is under contract for $47 million, The Real Deal reports, citing the Wall Street Journal. The 145-unit high-rise, which was delayed by the downturn for six years, is now about 80 percent sold, with a total of $900 million in sales to date. Source: therealdeal.com.