Power couple renting their DC home to the Obamas buys Tribeca pad for $5.5M

Remember how the Obamas are renting a castle in DC once they leave the White House? Well the owner of said castle, Joe and Giovanna Lockhart, have to move somewhere to make room for the First family and now we know where! According to city records, the Lockharts have just paid $5.5 million for a pad at 415 Greenwich Street in Tribeca.

Joe Lockhart served as the White House press secretary for Bill Clinton from 1998 to 2000, and as of February 2016, he was named the executive vice president of communications for the NFL (hence, his move to New York). Giovanna is the Washington Editor of Glamour magazine.

While this new pad is not quite as grand as the pad they’re leaving behind in DC (few are), the 2,693-square-foot Tribeca condo is not too shabby, with three bedrooms, three and a half bathrooms, a 50′ glass walled gallery that overlooks the building’s courtyard, a balcony and a Crestron AV system in every room.