We’ve rounded up some of the best luxury listings available for rent in these two vibrant neighborhoods.

By now, you’ve probably heard of One57, the supertall skyscraper on 57th street, which has topped headlines with record-breaking condo sales. From the unique architecture to the crane collapse to the Central Park views, this luxury condo building has lived in the spotlight. There’s one aspect of this building, however, that doesn’t get very much attention at all—it’s partially a rental building.

Anyone who lives or has attempted to live in New York City is quite familiar with the funds it takes to reside in even the smallest studio apartment. According to REIS, the average asking rent has soared to $3,000 for the very first time. For the extravagant lifestyles of some New Yorkers, however, this is chump change. Luxurious tastes call for luxurious homes with rents to match, and these are a few of the most expensive rentals on the market right now.

Need a condominium, but can’t get a mortgage? Well, there’s good news for people in that fix with some New York City property developers are converting residential developments planned as condominiums into high-end, rental apartment buildings instead. Such conversions have been seen in a variety of locations around the city. With people buying less and renting more, there is an unprecedented demand for larger apartments, which has also been proved to be extremely lucrative in the real estate scene.

New York by Gehry, also known as 8 Spruce Street is one of the newest luxury rental buildings in Manhattan. It also has the distinction of being the tallest residential building in the United States. There has become a competition in New York and 8 Spruce may see its title as the tallest residential building in Manhattan challenged. 8 Spruce Street immediately stands out because of the building’s unique façade. Possibly even more impressive than the exterior of 8 Spruce Street is the interior of the building. Because of the exterior of 8 Spruce Street, many of the rental apartments inside of it have floor plans that are unique. Just as the 8 Spruce Street twists and curves like a flame into the sky, residents can expect to find little nooks and crannies within the apartment that match with the building's exterior.

New York City, ever known for taking the real estate and rental advice from the rest of America and throwing it out the window, is now going through a more unexpected demographic change. When we think of who actually rents luxury rentals, the first group that comes to mind is usually investment bankers, mainly those in their 20s and 30s who fill the tangled streets of Lower Manhattan early in the morning and seemingly beat rush hour both to and from work. That was true until recently, and while financiers still comprise the largest portion of renters, they no longer form the majority that they used to be. Instead, an eclectic tech-savvy generation has usurped traditional business, and in turn, the rental market.

Last week, Citi Habitats and Prudential Douglas Elliman released a second quarter report claiming that the Manhattan rental market was on fire, and things weren’t going to cool off any time soon. Rent prices were supposedly at an all-time high and weren’t expected to drop in the near future. This was music to every Manhattan landlord’s ears, but a punch in the gut (or wallet) to everyone searching for a luxury rental in Manhattan. However, a more in-depth look at the aggregate rent paid each quarter dating back to 1991 shows that the peak in the luxury rental market actually already occurred.

The Mercedes name conjures up images of luxury and grandeur. These same images that are associated with the car company are associated with Mercedes House, which gets its name from the fact that it houses the Mercedes-Benz of Manhattan showroom. It is safe to say that this is one of the few opportunities in Manhattan to live above a car showroom. Unfortunately, it will not be like Oprah, where everyone gets a free car, but there are many other reasons why this building is being talked about. One of the more notable things about the Mercedes House is its interesting design. The building rises up with a step-like pattern, one section being a story higher than the next. At one end of the lot, the building turns and continues its step-like like ascent into the skies. This spectacular rental condominium building in Clinton is nearing completion. There is only one section of the building that needs to be completed, but condominiums are already on the market. Mercedes House is one of the newest condominium buildings with luxury rental listings to hit the market in New York City. A truly unique building is a seemingly perfect fit for the unique city that is Manhattan.