New York City Real Estate News & Market Trends

Our New York City Condo blog is a source of current information that covers everything from NYC market statistics, news briefs, retail openings and fun happenings. Even though NYC is a big city, it is made up of small communities and we want to help you feel connected! If you have any questions, please feel free to contact us. We would love to speak to you!

Nov. 11, 2019

56 Leonard Street

Herzog & de Meuron have designed an iconic tower in the New York skyline. 56 Leonard is a vertical glass expression of sculpted surfaces, cantilevers and sparkling glass.  The 145 outstanding condominium apartments range from open lofts to five bedrooms, each with personal outdoor room. High ceilings and floor-to-ceiling windows show amazing views of the skyline, water, bridges and beyond. 56 Leonard's 17,000 square feet of facilities include a 75 ' infinity swimming pool, indoor / outdoor cinemas, outdoor sundeck, gym, therapy facilities, steam room, sauna, lounge and a playroom for children. One of the Penthouses is currently available for about $27 million dollars.

 

Posted in Market Trends
Nov. 4, 2019

Central Park Tower

Central Park Tower is a mixed-use skyscraper constructed in Midtown Manhattan, by Extell Development Company and Shanghai Municipal Investment Group along Billionaires ' Row on 57th Street. It is located at 217 W 57th Street. These homes will be the highest in the world with one-of - a-kind Central Park panoramas to the north, the famous Manhattan skyline to the south, and iconic rivers to the East and West, soaring to 1,550 feet high. The building is still under construction and will be finished in 2020. An apartment in the 112th floor will be available for around $63 million dollars.

Posted in Market Trends
Oct. 28, 2019

The Plaza

The Plaza is located at 768 Fifth Avenue and was designed in the style of an opulent French Château, by the interior designer Henry Janeway Hardenbergh. It contains 163 private residence condos. Some of the apartments are design with the Versace Home Collection. High Ceilings, walnut-bordered herringbone parquet and decent Central Park views are also part of the apartments. Since its opening in 1907, it was home to some of the world’s most famous guests and could be seen in more than 50 movies. The Building was fully restored in 2008 for $450 million dollars! One of the pricier apartments was sold for around $50 Million dollars.

 

Posted in Market Trends
Oct. 21, 2019

432 Park Avenue

Located between 56th and 57th Streets on Park Avenue, 432 Park Avenue is the Western Hemisphere's tallest residential tower as of 2018. Designed by Rafael Vinoly, this extraordinary 96 story tower rises 1,396 feet and redefines the Manhattan skyline. Every window has a size of 10 x 10 feet to guarantee the residencies a lot of natural light and spectacular views all over Manhattan. It was built in 2015 and contains 125 units over 96 floors. One of the Penthouses was sold for about $82 Million dollars, after it was on the market for over 2 years.

 

Posted in Market Trends
Oct. 14, 2019

15 Central Park West

15 Central Park West — Maybe one of New York's most talked-about buildings of the 2000s. Developed by Arthur and William Lie Zeckendorf. 15 Central Park West is a composition of two limestone towers with an open courtyard between that acts as a private motor entrance to the building. The 202 apartments range from one-bedroom to four bedroom homes featuring large casement windows, high ceilings, dining rooms, lots of moldings, plenty of natural light and open views in all directions. Amenities in this ultra luxury building include a private dining room for residents, a walnut paneled library, a screening room, private wine cellars, a health club and pool. The Building was also nicknamed “hedgie hive”, with residents representing some 36 hedge funds. Not only hedge fund managers are residents in this building, Denzel Washington bought an apartment for $13 Million dollars here.

 

Posted in Market Trends
Oct. 7, 2019

220 Central Park South

220 Central Park South was built by the Vornado Realty Trust as a residential skyscraper. It is situated in New York in Midtown Manhattan and is designed by Robert A.M. Stern Architects.
The building has 116 units on 70 floors and is the 10th tallest building in the city. Amenities include a wine cellar, a swimming pool, a children’s play area, private dining rooms, an athletic club, a juice bar, a library, a basketball court and a golf simulator.

220 Central Park South is the building with the most expensive apartment ever sold in the U.S., $238 Million dollars were paid for a total of nearly 24,000 square foot on the top floors of the tower.

 

 

Posted in Market Trends
Sept. 30, 2019

Shopping in NYC

Today we will show you where to go shopping in the big apple! If you have been in New York City before, you probably recognized that there are a lot, and we really mean A LOT, of shopping opportunities!

If you can’t decide where the best place for your personal preferences will be, let us help you! From super fancy Louis Vuitton, to Nike, to more affordable shopping opportunities, we have it all for you. Sometimes they are not located far apart from each other, so you can just have a look at everything in one fell swoop.

Starting off, the most famous shopping street in New York City: Fifth Avenue!  5th Avenue stretches through Manhattan from North to South, and the best shopping zone is from 14th to 59th Street. It is well known for its luxury boutiques and department stores. Stores like Apple, Gucci, Michael Kors, H&M, Prada and many more are located along Fifth Avenue. A lot to see and to shop for in every budget!

Next up is Broadway, it is not only famous for its theaters, but also it is the longest street in Manhattan. You will find a huge variety of shops here, just like on Fifth Avenue. In Lower Manhattan for example, you will find more famous names like Bloomingdales or Victoria Secret.

If we look at Times Square, you will realize that it’s actually not a street but an area encompassing several city blocks. Nevertheless, it is a great opportunity to go out for shopping. You will find stores like Sephora, a Disney Store, and the M&M store. Also, you’ll never have to stay hungry, you will find food trucks and restaurants literally every 50 meters.

New York does not only have shopping streets, but also large shopping malls like the Time Warner Center near Columbus Circle. It features luxury stores like Hugo Boss, Swarovski, Coach and many more.

For all the bargain hunters, this is the real deal for you! The Woodbury Common Premium Outlet. It is a designer outlet, where you can really get some low prices. Even though you will find some good deals, be prepared to pay a fair price, as the clothes are still from brands like Burberry, Gucci or Ralph Lauren.

Last but not least, our beloved Macy’s. Located at the Herald Square, covering an entire block, it is the flagship of the Macy’s stores. Here you can nearly find everything! Just go there and experience it on your own.

 

 

 

Sept. 23, 2019

Interesting Facts About New York

1. Why New York is also called ‘The Big Apple’

The town received its most popular nickname from the 1920s horse racing column of a local newspaper. The term "Big Apple" was used before the nickname was adopted by the town to define a large cash award at major horse races around the town.

2. Red and Green were the originally colors for the New York City Cabs

The yellow cab is one of New York City's many iconic symbols, but the first petrol-powered cab business, established in 1907, used red and green cars in fact. In fact, in a number of other cities across the United States, yellow cabs were used before New York adopted the color in 1912.

3. About 800 languages are spoken in New York

More than 37 percent of New Yorkers are born in another nation, so it's amazing that inhabitants of the city talk a broad variety of languages — but by any account, 800 are impressive.

4. The first American Pizza Joint was opened in 1905

Pizza is likely New York City's most frequently related food. The delicious cheesy snack was brought to the town by Italian immigrants back in 1905, and New Yorkers never looked back. There are about 1,600 pizza restaurants in the town today.

5. Why is the Bronx called the Bronx?

The first European to settle in the Bronx was Jonas Bronck, who moved from Sweden to America in 1639. His farm, covering approximately 500 acres, was called "Bronck's Land," and the river was called "Bronck's River." Over the years, individuals began calling the Bronx the whole region.

6. The price of a subway ride and the price of a piece of pizza are nearly always the same

New Yorkers have observed a unique economic law as far back as the 1980s: the cost of a slice of pizza and a subway ride are about equivalent. Even stranger, if one's price goes up, the other's price generally follows in a couple of months.

7. More than 380,000 Millionaires live in New York City

Besides that, NYC is also home to the world's most billionaires. However, Tokyo is the town where most millionaires can claim the title of being home.

8. Times Square is named after the New York Times

This place was known as Longacre Square before New York Times moved to Times Square. One of the many interesting facts you probably didn't know about New York before you read this!

Posted in Fun facts
Sept. 16, 2019

Buildings For Sports Enthusiasts

New York City – the City with unlimited offers.

There's nothin' you can't do.

Even if it comes to sport. These buildings offer not only a beautiful home, they also offer great amenities which will keep you fit and in balance.

15 William

15 William, located in the heart of the Financial District, offers luxury condominium residences and over 30,000 square feet of amenities, such as indoor 50 foot lap pool and 15,000 sf fitness center, complete with towel service, a yoga studio, squash court and basketball court. 

One Riverside Park

One Riverside Park, located at 50 Riverside Boulevard, is a sports fan’s dream. Amenities include a 75-foot swimming pool, 38-foot rock-climbing wall, basketball and squash courts, two-lane bowling alley and lounge, and a golf simulator and much more.

Gramercy Square

Gramercy Square, located at 215 East 19th Street, offers personal fitness, with a 75' sky lit pool; hot tub; sauna; steam rooms; yoga studio; state-of-the-art gym and much more.

One Manhattan Square

You like Basketball? You will like Manhattan Square which is located at 252 South Street. The building offers a full basketball court. And if you are bored playing basketball you can use the two-lane bowling alley, squash court, golf simulator and much more.

Madison Square Park Tower

Madison Square Park Tower, located at 45 East 22nd Street, offers a fitness center with boxing and private training suite, golf simulator, basketball court and much more.

 

Sept. 2, 2019

5 Amazing Condominium Swimming Pools In NYC

Is there anything better than rounding off a long, hectic, loud, hot and humid summer day in NYC at the swimming pool? We don’t think so!

Enjoy your after work with a well-deserved drink at the pool with an amazing view over NYC.

 

These are 5 buildings we love and they guarantee you this experience:

Bristol Plaza Condo

Bristol Plaza, located at 200-210 East 65th Street, is a 50-Story luxurious Tower with 308 elegant residences. Each residence has extravagant living space, in detail planned kitchens and Italian marble bathrooms. Close attention is paid to every detail.

20 Pine Street

The building offers 408 units on 38 floors with a range from studios to 3-4 bedrooms. It is located in the Financial District, downtown’s most vibrant re-emerging neighborhood.

383 West 12th Street

383 West 12th Street is a 7-Story Condo with a range in size from 2,526 square feet to 4,382 square feet. The building offers a rooftop with an infinity-edge pool and oversized jacuzzi, with panoramic views of the Hudson River. On the deck you can also find outdoor showers, two gas grills with a built in dining area for entertaining and a separate workout and meditation deck. 

The Sheffield

The Sheffield, located at 322 West 57th Street known as “billionaire’s row”, offers 580 luxury condos. The building rises 58-Storys with an apartment range from 585 ft² studios to 3,417 ft² four bedroom units.

Celeste Gramercy

Celeste Gramercy, located at 150 East 23rd Street, offers one bedroom residences priced from $1,075,00, two bedrooms starting at $1,795,000, and three bedrooms beginning at $2,950,000. Three bedroom Penthouses starting at $5,950,000. It is designed by the award winning architect Eran Chen of ODA.

 

Posted in Market Trends