Articles on Chelsea Condos

456 Is In The Mix: LEED-Certified Chelsea Condo 456 West 19th Street Looking More Like Major Success

456 West 19th Street in Chelsea There's a lot to like about Cary Tamarkin's LEED-certified condo at 456 West 19th Street. Some of this has to do with its looks -- even amid the stiff competition provided by other Chelsea condo listings -- even the star-studded constellation of new condo listings around the High Line -- 456 West 19th Street is a beauty. (Architecture critics agree with us there) That there's some green building intelligence behind that elegant facade helps matters, too. And of course the condos for sale at 456 West 19th Street are exceptionally luxurious, even by Chelsea standards -- every apartment at 456 West 19th is a duplex, and the quality of finishes and fixtures are surpassingly high. But while we at New Construction Manhattan love us some 456 West 19th Street, it turns out that we're not alone -- Curbed reports that the high-end Chelsea condominium is shaping up as one of the true sales success stories of the current Manhattan real estate market. As is common -- even with NYC condo prices on the rise -- most of the condominiums for sale at 456 West 19th Street wound up selling for slightly less than their asking prices.

Light at the End of the Tunnel For Upper East Siders: Second Avenue Subway Slated For Completion In 2016

Just last week, we discussed the impact of the expanded 7 train -- which will have a new terminus in West Chelsea come 2013 -- on real estate in West Chelsea and Clinton. It's really not hard to figure all that out -- condos in Chelsea would become significantly more valuable were they suddenly to be a short walk from a subway that connects them to the rest of Manhattan. The same would be true for condo listings in Clinton, Upper East Side Subway Constructionwhich is why NYC real estate developers are lobbying so hard for an additional 7 train stop at 41st Street and 10th Avenue. While we at New Construction Manhattan love us some Chelsea condos and Midtown West apartments, it's probably fair to say that the planned 7 train expansion is small potatoes compared to the opening of the long-awaited Second Avenue Subway line. While it hasn't hurt the market for or value of Upper East Side condos, one of the downsides to life on the UES is that the entire Upper East Side is served by just one subway line, which can make for some unappealing rush hours.