Articles on High-End Manhattan Condos

Historic One Wall Street Get a Residential Update


Courtesy of Robert A.M Stern Architects

One Wall Street, which was purchased by Harry Macklowe in 2014, will hold mainly condos and avoid offering rental units, which had been the original plan, according to recent reports. Macklowe purchased this historic building from Bank of New York Mellon for $585 million three years ago and has since been perfecting his plan for the conversion with SLCE Architects.

6 Latest Condominium Updates Worth Noting

Rendering of Hudson Yards from New Jersey at dusk

The anticipated Hudson Yards is one of the newest ongoing projects in NYC.

More and more high-rise buildings continue to soar in Manhattan, one of the most cosmopolitan centers of the world. In a rapidly changing city, it’s sometimes tough to keep up. Let’s slow down and take a look at a few upcoming buildings worth noting.

Battery Park City Homeowners Coalition Meet Again

The Battery Park City Homeowners Coalition (BPCHC) meets again to extend the deal that was negotiated in 2011. The 2011 deal saved 11 condominiums in Battery Park City (BPC) from spending $804 million over the next three decades on inflating ground rent. The reduction that they received was approximately 35% in savings, and a ground rent payment of $525 over the next 30 years. 

Manhattan’s Newest Condos: Need To Know Facts

Manhattan's Newest Luxury Condos - Need to Know Facts

After the past few years of tight inventory and very few new buildings hitting the market, we saw a small respite in 2013. While available inventory still hasn't hit pre-recession levels, there are a lot of new luxury condo’s on the market, and we have the facts that you need to know.

A House Divided: The “Poor Door” Controversy in the Upper West Side

Poor Door Controversy on the Upper West Side

While it goes without saying that affordable housing is nearly impossible to find in Manhattan, especially with realty prices soaring, the development project at 40 Riverside Boulevard is offering mixed-income housing with luxury condos and affordable apartments in the same building. Among the 274 planned units of the 33-story building, 219 will be luxury condos on the upper floors facing the Hudson River while the remaining 55 units will be designated as affordable housing units with a designated separate entrance, that has become known as the controversial “poor door.” The site’s developer, Extell, has sparked a classist controversy and outrage for this plan to have income-segregated entrances. Extell plans for a mixed-income building due to the potential tax breaks it will receive through the 421a tax exemption program, yet the perceived separate-but-equal logic of the segregated entrances has produced considerable backlash against Extell.

Gramercy Park: Where the Stars Come to Play

Celebrities in Gramercy Park

Over the past few weeks, we have given you several reasons as to why you should consider moving to the Gramercy Park neighborhood in Manhattan. Be it the luxury of having a private park to yourself, or simply the joy of having an assortment of great cafes to choose from every day, it is almost guaranteed that you will have a great lifestyle if you move to Gramercy Park.

Now, if you are still unconvinced about how desirable this neighborhood is, maybe a look at some of the celebrities that live here will help change your mind. Here, in no particular order, are some of Gramercy Park’s most famous and notable residents.

Chelsea’s Newest Addition: The Soori High Line at 522 West 29th Street

The Soori High Line in Chelsea

Heads up, apartment hunters—a striking new building is on its way to Chelsea, and this Manhattan luxury development looks like one to keep an eye out for. Developed by Blackhouse and Oriel, this impressive structure will be located at 522 West 29th Street and will contain 27 luxury condominiums. The 11-story building is being designed by SCDA Architects and has been named the Soori High Line.

Taking Stock - The improving US housing market and what it means for New York City

One57 compared to other Manhattan Landmarks

While it's easy to get caught up in fiscal cliff debates, Mayan doomsday predictions, and stories from New Year's parties, sometimes it makes sense to take a step back and look at the numbers. Just how does New York's housing market, and Manhattan in particular, compare to the rest of the US?

Another Tower Goes For NYC’s Tallest Record

Another challenger for the tallest luxury condo building in ManhattanNew York City is known for being home to some of the tallest skyscrapers in the country. If you thought Manhattan towers couldn’t get any taller, you were mistaken! There are residential towers currently under construction such as the 1,397-foot tower at 432 Park Avenue South which will eventually surpass the infamous 1,004-foot One57 tower once both are completed. Well, for those who marked 432 Park Avenue as the New York City’s tallest residential building, you might have spoken too soon. Beating out its skyscraper-like competitors by rising to 1,550 feet, an 88-story Extell mixed-use development plans to emerge at 217-225 West 57th Street, less than a block away from its sibling One57.