Apartment rentals New York with Luxury Rentals in the West Village

Village Hospital Converts Into Rental

130 West 12th Street, the West Village's newest rental, is open for businessGreenwich Village is home to many architectural gems, and St. Vincent's Hospital has always been one of the best. After one of its old employee residences, 130 West 12th Street, was converted to a condominium last year, it sold out almost immediately. Now, many of the owners are renting out their apartments at surprisingly reasonable prices. One of the latest projects, the redevelopment of a former hospital, has now become a luxury rental. There is plenty of rental space available at 130 W. 12th St, as it is taking over the market. In early August, the first rental unit popped onto the market, which then led to five more rental units on the market currently. With this new building set in place, there surely will be a boost in the real estate market, due to the number of increasing leasings.

Renting: Still the Rock Star's Choice

If the classic rent-versus-buy debate in Manhattan real estate were a building, instead of a debate, it would be pre-war. But as old as that debate is -- and as academic as it is rendered by the high price of a Manhattan condo and the comparatively advantageous market for Manhattan luxury rentals -- it's worth remembering that renting in Manhattan isn't just for those who can't afford to buy in Manhattan. Let's take Kings of Leon singer Caleb Followill, for instance.