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Glassy MoMa Inspired Tower Coming to the High Line
West 21st street and 11th Ave
The latest project slated to come to the High Line is inspired by the MoMa’s sculpture garden, allowing it to fit right in with the other unique starachetic’s structures. London Studio Seilern Architects plan to bring this 24-story glass tower to the corner of West 21st street and 11th Ave., across from Norman Foster’s 551W21.
The tower will have commercial space that will hold a gallery on the lower levels as well as a reception area and sculpture garden. Above that will be residential units.
Neighborhood Primer, Uptown Edition: Harlem vs. Upper East Side
The Hub luxury apartments in Harlem, Manhattan.
StreetEasy published its annual quarterly report last week, reflecting fourth quarter real estate market data in Manhattan and Brooklyn. Its findings in rental trends revealed the sharpest spike in rents in Upper Manhattan and the Upper East Side, confirmation that uptown neighborhoods are getting a lot of attention these days as the most desirable places to live. If you’re deciding between Upper Manhattan (above 110th Street on both the east and west) and the Upper East Side, our neighborhood primer can help you suss out what the different areas offer.
Beach Body Buildings: NYC's Top 7 Luxury Rentals for Fitness
Staying healthy can prove to be quite a challenge, making luxury rentals with a fitness center and health club tempting. But if you’re a health nut, you may want to step up your game with a rental that comes with even more wellness options. These rentals have been hand-picked because they have more unique athletic centers.
You Can Rent a Luxury Apartment….and These
Here are 5 other things you can rent to go with your fancy apartment.
The New Normal: NYC's Average Rent is Now Over $3000 Per Month
Image Courtesy of WNYC
It's certainly no secret that the cost of living in New York City is outrageous. The food, the entertainment, and worst of all, the housing, are no doubt albatrosses around the necks of city-dwellers looking to take advantage of everything the city's splendors. And, according to a recent report from the real estate research firm, Reis Inc., sustaining one's ideal lifestyle is now harder than ever. The not-so-shocking report states that, for the first time during the second quarter, New York City's average rental rate has surpassed $3,000 and has reached a whopping $3,017 a month.
Brooklyn: Up and Coming
Brooklyn, once a borough for small to mid-rise buildings is starting to add a few high-rises to its resume. 388 Bridge Street will have 53 stories and 378 units, of which 234 of them will be rentals. The other 144 will be condos that are expected to be up for sale sometime this coming spring. Near completion, the building seems to pierce the sky as you’re looking at the borough’s silhouette from a distance. But it isn’t the first building to go up and dominate Brooklyn’s skyline.
The Most Expensive Rentals and the Renters Who Love Them
Manhattan rentals have come a long way in everything from appearance to price. As many renovations have taken place to meet the high demand for luxury rental units, rents have also increased in price. Residents can now acquire the same high-end features and amenities found in Manhattan condominiums without having to buy an apartment. Though rents in the city are at an all time high, they are downright average compared to those listed as the most expensive rentals in New York City. Still, there are many who are willing to pull out the big bucks for a luxury Manhattan rental.
Renovations Take Over Manhattan Rentals
Extreme Makeover: Luxury Rental Apartment Edition? That seems to be what many New York City landlords are going for. Luxury Rentals Manhattan has tirelessly covered the market’s high demand for rental units, with rates reaching all-time highs throughout the spring. This, along with a shift in the demographic of renters towards the higher-end, is prompting many landlords to finance million-dollar renovations in hopes of raising rental rates by 10 to 40 percent. And really, many of them are nervous that they aren't keeping up with the rising standards for rental apartments in Manhattan. This is good news for residents looking to live in luxury apartments without having to buy, even if their rent rises with the quality level.
8 Spruce Street Rentals Reach Sky-High Rates
Within the next six to eight weeks, some of Manhattan’s most expensive apartment rentals will become available, as the Financial District penthouses of New York by Gehry are to be listed on the market. The three units are expected to cost renters $40,000-60,000 a month, a yearly price point that can be equated to a down payment on any luxury condominium in New York City.