Bowery Street looking north 

Newly developed upscale condos are rising in place of the Salvation Army building in Bowery.

The New Year has been rung in and 2015’s 4Q reports have confirmed the undeniable: Manhattan’s real estate prices are on the up. In Miller Samuel’s final Elliman Report for the old year, Manhattan housing prices set records as sales all around remained on the higher end. Over the 27-year data series, 4Q of 2015 marked the highest sales prices in the borough.

Amidst the many new luxury condominium constructions popping up around Midtown Manhattan, some beckon for our attention more than others as they make headway. From new renderings to tense halts in construction, these four cloud-scrapers have grabbed our attention.

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 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.