Articles on Green Apartments New York City

NYC's Land Scarcity = Building Conversions

 

360 Central Park West Rendering

360 Central Park West

New York City has always been synonymous with reinvention. As The New York Times states, “Building have been no different,” and recently, this has been especially true. In the city of dreams, every building is given the possibility of a second chance, including office towers, cathedrals, power plants, parking garages, schools, cinemas, warehouses, and even banks.

Coming Soon: The Durst Block in Midtown West

600 West 58th Street Rendering

One building at a time, the Durst Organization is taking over Midtown West, with innovative, luxury rental buildings modernizing a very historic neighborhood. The Durst Organization is responsible for the design of 1 Bryant Park, 1 World Trade Center, and the Hallets Point Projects.

What is the Fate of South Street Seaport’s Redevelopment?

South Street Seaport, Howard Hughes Corporation, Pier 17, Community Conflict

                         Rendoring of Howard Hughes Corporation's Pier 17 Redevelopment

Redevelopment of historic South Street Seaport has been a hot-button issue since Hurricane Sandy ravaged lower Manhattan in 2012, and the fate of the iconic waterfront remains unclear.

New Recycling Mandate Makes NYC Even Greener

New York City has a new recycling mandate

New York City has been trying to step up its green quotient for a long while now. Be it through the construction of environment-friendly LEED certified buildings, or through the creation of more parks and green spaces like the High Line in Chelsea, New Yorkers have been seeing a lot of green. But while these measures are to be applauded, New York is still lagging behind in terms of its recycling prowess—only 15% of residential trash in the city is recycled. But this number could soon change thanks to new building mandates that are designed to bolster recycling efforts.

Composting to be Streamlined Process in The Helena

A new composting system is ready to be implemented at The Helena.In a very short time apartment residents at The Helena will be able to compost without leaving their homes. The new program being implemented at The Helena, at 601 West 57th Street, means that residents will be keeping their organic trash out of the landfills. The plan, as being thought out by The Durst Organization, is also supposed to be used in a brand new apartment complex currently being built next to The Helena. The program however is still in the planning stages and is set to launch at The Helena as a test. New York City is increasingly becoming a green city with sustainable buildings and programs such as these.

Manhattan Buyers Are Choosing LEED Certified Buildings

Green Leed Certified Luxury NYC BuildingsLeadership in Energy and Environmental Design, or more commonly known as simply LEED, is one of the biggest buzzwords in real estate right now. In short, it is a set of strategies that are used to evaluate real estate development projects on their effort towards environmental friendliness. In order for a building to be considered LEED certified, it must pass a series of required prerequisites and elective credits set by the U.S. Green Building Council. Once a building has been approved by the Green Building Council, it will then be confirmed and decreed by the Green Building Certification Institute as officially certified. While many people have heard of LEED certified buildings, few New Yorkers can confidently identify the characteristics of green buildings.
 

Teaming Up: Combination Apartments Rise in NYC

Isis luxury apartments- Combination Apartments - NYCNext door neighbors are teaming up to sell their luxury apartments, illustrating NYC’s newest real estate trend: the higher demand for three-bedroom apartments and more. The “combination apartment”, in which owners sell their apartments together so the buyer can break down walls and created a “super-sized” unit, also provides for a higher profit for each individual luxury condominium or co-op owner. However, this is not simply a means to make apartments more marketable to buyers; it also falls in line with a general rule of thumb within NYC real estate, which states that unlike most other areas in the U.S., the larger the space, the more a seller can charge per square foot.

While there are a variety of factors influencing this trend, there are two main reasons for this increase in combination apartments within NYC real estate. A one bedroom that can be potentially transformed into a three bedroom often increases the buyer pool, especially if each individual unit is offered as separately as well. This falls in line with the growing desire of those searching for larger luxury apartments, especially as more and more Manhattanites choose to remain in NYC to raise their families. And even though demand has risen for “super-sized” apartments in recent years, new construction has been unable to match this desire with available supply.