Articles on New Construction Manhattan

New York City's Heirloom, Courtesy of J.P Morgan Pt.2

Impression and cylinder from Mesopotamia

With all the intricacy that we see in the Morgan Library’s architecture and interior designs, we can only conclude that we’ve only seen half of what makes this location such an invaluable edifice. Can you imagine that the actual collection held in all the locations mentioned above actually value more than the building itself? 

New York City's Heirloom, Courtesy of J.P. Morgan

Morgan Study

225 Madison Avenue stands as one of the Unites States’ most precious possessions. Once belonging to one of the most influential figures in US history, it is now an invaluable collection of all media from vast time periods, kept together for public and student use alike. 

The Morgan Library and Museum.

Architecture and Design

Upcoming Luxury Condominiums in Manhattan

New York City Skyline

With inventory numbers in New York City at incredibly low values, people looking to buy luxury apartments would be wise to keep an eye out for the new buildings that are currently being developed around the city. These new constructions, which boast of great apartment layouts and a number of fantastic amenities, are scheduled to open up in the coming few months, and sales for these developments are expected to begin soon, some as early as March 2013.

New Construction By The Numbers: A Look Ahead

We crunched the numbers for the 2012 real estate market in Manhattan and have found some interesting trends regarding increased consumer demand and the amount of new inventory scheduled to hit the market in 2013.

New FiDi Building Gets a 'Second Skin'

22 Thames Street's 'Second Skin'

While stock broker’s yells are muffled by the bustling air that is Lower Manhattan, a new voice can be heard -- the voice of residents. The first ten years of the 21st century have brought changes to the Financial District. Office spaces have been remodeled into remarkable residential quarters. Brand new condominium buildings have also been rising to situate themselves alongside the more historic premises. It seems that the name of the Financial District has also been revamped in the excitement, as it is more endearingly referred to as ‘FiDi’ today.

New Developments on the Rise in New York City

Prized Manhattan condos poised for 2013 debuts

If the listings on this site are any indication, there are certainly a lot of new buildings coming into Manhattan’s real estate arena. To live in a luxury apartment in the city is a dream of many a New Yorker, and these prized new developments are being created to satisfy the demand for these remarkable homes. Recent reports have said that there’s been a rise in the construction of such new residences, with new building permits being issued left, right and center.

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?

NYC: Buying Apartments Before They Are Built

New York City real estate trend: Buying luxury apartments before they are built

With residential real estate inventory levels as low as they are in New York City, it seems that people on the lookout for luxury condominiums in Manhattan are now willing to put their money down for homes even before they are actually built. With the demand for apartments showing no signs of diminishing, and the number of actual apartments for sale still at a minimum, people are now putting their hopes for new homes in the many new buildings that are rising up around the city. Besides being very impressive in their design and architecture, these rising structures have also managed to command top dollar in an increasingly competitive real estate market.

New Gem on the NYC Skyline: 50 UN Plaza

The U.N. will soon have an amazing new condominium as a neighborThanks to both the success and the grandeur of their offerings at 15 Central Park West and 18 Gramercy Park South, real estate developers William Lie and Arthur Zeckendorf have now attained a reputation of being the creators of some of the most luxurious (and most desired) homes in New York City. As a result, the city’s real estate sector is suitably buzzed about their newest development at 50 UN Plaza, located at 345 East 46th Street in Manhattan’s Midtown East neighborhood.

New Construction Expected to Strike $30.7 Billion This Year

The Freedom Tower rising in Lower ManhattanWith both residential and office towers popping up like wildflowers all around the city, an annual report by The New York Building Congress predicts that the annual construction spending in the city is expected to reach a record high of $30.7 billion this year. This development has been hailed as good news for New York City’s real estate sector, as this is the first time that the city’s overall construction spending has exceeded $30 billion since 2008. This rise in spending has been credited to two main reasons: an increase in demand for luxury housing, as well as an increase in activity in both non-residential projects and government spending.