Previous residential buildings at 40 East End Avenue via Christopher Bride/PropertyShark

The luxurious yet comfortable Upper East Side has long been the most sought-after area for New Yorkers to call home. In the past, it may have been difficult to find vacant apartments or townhouses to buy or rent in that area, but lately, new developments have been springing up to give people more opportunities.

40 East End Avenue currently via Google Maps

A low-rise rental building at 40 East End Avenue was just purchased by Lightstone Group who plan to convert the building from rentals to condominiums.

East 74th Street via Google Maps

A new massive Upper East Side development is underway from Thor and Premier Equities. Located on Third Avenue, the development will be comprised of three five-story buildings that will be renovated into 31-story towers.

The Second Avenue Subway, also known as the subway line that was never built, is scheduled to open its first phase to the public on December 30th of next year. Since the opening of the 7 Line’s new subway station at 34th and Hudson Yards in September, developers are exploring some of the most isolated parts of the city.

_{Photo Courtesy B. Kabak/Flickr}

Typically a quiet neighborhood, the Upper East Side has been generating some substantial noise recently, both in the literal and figurative sense. Construction on the Second Avenue Subway, infamously known as “The Line That Time Forgot,” is moving along, with the first phase of the project on track for completion in December 2016. And with that progress, those shopping for a new home see the long-term potential of a home east of Lexington Avenue.