Articles on Luxury Condominiums Manhattan

Raising the Roofs on Luxury New Construction

Zaha Hadid starchitect luxury apartment rendering at 520 West 28th Street near the High Line

Last Wednesday, cement workers at around 30 major construction sites in New York City went on strike due to a labor disagreement. Although some construction has halted, progress continues on some of Manhattan’s most exciting luxury new construction projects that we know like the back of our hand, and others that thrill like tearing a seal on a letter from the mail.

Upper East's Inside Scoop

Interior shot of The Mark at 25 East 77th Street

In Manhattan’s Upper East Side, beautiful high rises stand along Park Avenue. Considered one of the most affluent neighborhoods in the city, the UES is home to the prestigious Fifth Avenue, as well as Museum Mile, featuring The Metropolitan Museum of Art, the Solomon R. Guggenheim Museum, and the Museum of the City of New York, to name a few.

3 Most Anticipated New Constructions in Lower Manhattan

Lower East Side New Construction Luxury Living

Last week, we mentioned how the highly-anticipated 10 Sullivan will change the Soho's cityscape. Here are 3 more new constructions in Lower Manhattan will redefine luxury living.

A Tale of 3 Ultra-Luxe Manhattan Condominiums

Manhattan Skyline New Construction Cityscape

These Manhattan new constructions push the envelope in terms of luxury living by offering top of the line amenities and the latest in ritzy finishes.

The Ultra-Luxe Baccarat Hotel and Residences

Baccarat Hotel and Residences

The world renowned crystal brand, Baccarat, is expanding its horizons by delving into the hospitality and housing with its first opening, the Baccarat Hotel and Residences, in Midtown New York.

The New Kids on the Block: Chinese Investors

Chinese investors pumped more than $3 billion into New York real estate last year, nearly 43 percent more than 2013. This only seems to be the tip of the iceberg as foreign investors dominate Manhattan’s condo and townhouse market – accounting for  30 to 40 percent of institutional and individual buyers. Chinese investors are particularly interesting due to their propensity for “central city/urban” real estate, the increasingly powerful yuan, and the overall slowing of Chinese economy. The combination of factors has created the perfect incentive for Chinese investors to expand their assets.

Megaclub Turns Mega-condo

Roseland Ballroom Reconstruction, New Construction of Luxury Residential Tower Designed by CetraRuddy

April 2013 marked the end of a cultural era, when music venue/megaclub Roseland Ballroom closed its Midtown doors after more than a half century of live performances. The fate of the legendary live music space on West 52nd Street was sealed last summer, when interior demolition began. The Department of Buildings has approved a full destruction of the site, and today all that remains are its skeletal beams and remnants of its facade, newly evident in the beautiful aerial view of its ruins, shot during Sunday’s snowfall.

Adherence to Art: Jean Nouvel’s MoMA Tower

 53W53 MoMA Tower Interior Rendering

Courtesy of Curbed

New Yorkers have breathlessly  awaited the unveiling of the latest super luxury condominium.  Back in September, we got a glimpse into Jean Nouvel’s MoMA Tower– officially known as 53W53, leaving us yearning for more. The penthouse was the only piece of the 82-story, 1,050-foot building revealed, leaving many eager to see what else developer Hines had in store. Now New Yorkers are invited to take a luxurious gaze into the interior renderings of iconic MoMA Tower. Only a few blocks away from Midtown’s Billionaire Row, it is no surprise the tower boasts on extravagance.

Makes Sense: Report Shows New Constructions Are Driving Market

Even before 2015 began, real estate news outlets had commented on the beginnings of a cooldown in New York’s real estate market — the market’s growth would continue steadily, albeit at a more even keel than in the few boom years that preceded it.  On Monday, the 4Q 2014 Elliman Report was released, which illustrated a more accurate picture of the market.  The take home message: Manhattan’s ultraluxe new developments are driving the market.

Trinity Church Enters the Residential Development Game

Image via Pelli Clarke Pelli

Trinity Church was granted one of the highest-valued real estate deals in New York City some three hundred years ago by Britain’s Queen Anne giving the church 215 acres of land in downtown Manhattan.