In New York City, it's not only about what's inside of your apartment, but what's outside of it too. If you're looking for an apartment with a view, we've got you covered. In no particular order, here are the best NYC neighborhoods for the views.
In 2013, several new high-demand buildings hit the market and leased to capacity at an extreme rate. If you missed out, or just weren’t looking to move in 2013, don’t worry; we know what rental buildings will be opening in 2014. From Downtown, to Midtown, to Uptown, here are some high-demand apartments that will be brand new for 2014.
If you’re looking to move your Bitcoins into a more stable market, perhaps you’d be interested in renting a one bedroom at 99 John Deco Lofts, which just so happens to accept the digital currency as rent.
Designer of super-tall, super-skinny 432 Park Avenue, Rafael Vinoly, has taken his architectural talents Downtown. In his newest design, Vinoly adhered to the old adage, “if it ain’t broke, don’t fix it,” revealing yet another tall and thin tower for 22 Thames Street, which could potentially be the tallest residential building in Lower Manhattan.
Though office-to-residential conversions have certainly been popular in recent years, it’s not every day that a landmarked skyscraper is turned into luxury apartments. Rumors of the vacant 70 Pine Street floated for years, but the details have finally been released.
Here’s another sign that the Financial District is moving away from being a strictly business territory and becoming an in-demand residential community: a new 30-story mixed-use building is going to rise up soon at the corner of Nassau and Ann streets in the Lower Manhattan neighborhood. The new building, which is being developed by Ann/Nassau Realty and designed by SLCE Architects, will be ready for occupancy by the first quarter of 2014.
Last week’s Hurricane Sandy left many New Yorkers without food, water, power and most of all, without a home. Mayor Bloomberg instated safety precautions in which residents in “Zone A” across the city were mandated to evacuate their building’s to prepare for the life-threatening disaster that was to come. Now, a week later, New Yorkers are trying to recover from the storm but many residents are still displaced. Some residents have long waits of weeks and months before returning to their homes. There are few residents who have no clue as to when they can return to their place of rent due to a lack of communication from building managers. With so many New Yorkers still displaced, the question of how rent payments are being handled lingers in the air.
For New Yorkers, the refusal of rent-stabilization begs indignation, shock, or simply confusion. In the Financial District, apathetic responses to the option to convert units in eligible buildings to rent-stabilized apartments has become an unusual phenomenon. Up to 16 Lower Manhattan apartment buildings received tax breaks since 2006, requiring the apartments to be rent stabilized. Under the Section 421-g Program, the NYC Department of Housing Preservation and Development designated the Lower Manhattan Abatement Zone, defined as the area south of the centerline of Murray, Frankfort and Dover Streets as an area eligible for partial exemption and abatement.
Rent-stabilized apartments are some of the most coveted rentals in all of Manhattan. As a whole, rent regulated apartments (found in the form of rent-stabilization and rent-control) offer a number of benefits to the resident. With the promise of rents that are far lower than market rate rents as well as the promise of continual lease renewal, rent stabilization holds quite the attraction for any current or aspiring Manhattan resident. With these properties held in such high regard and demand, it thus comes at no surprise that the competition for the few available rent-stabilized apartments in Manhattan is quite fierce.
Another Financial Districtoffice tower has been redeveloped into a residential building, and its 419 units are ready to hit the market. Back in 2010, MetroLoft Management announced plans to convert 116 John Street into an apartment complex, and renovations on all 35 floors are expected to be complete by October. Originally built in 1931, the 350,000-square-foot Art Deco building is keeping its exterior architecture and hallmark public spaces, but the conversion process will add new terrace doors at all setbacks and brand new windows throughout. Earlier this week, MetroLoft unveiled what future units will look like, with models in the form of studios, junior one-bedrooms, one-bedrooms with home offices, regular one-bedrooms, and two-bedrooms.