New York City Luxury Rental Blog Archives for February 2015

Where Are the New 6th Boroughs?

New Residential Construction, Rental Development in Miami

Once upon a time, Philadelphia was the ‘6th Borough’, but in the decade since The New York Times ran a piece about Brooklynites moving to Philly for a more affordable & authentic urban experience, a new crop of cities have taken the moniker.

The Tiny Evolution: Micro-Apartments

micro apartment

The rental market in Manhattan has been on the rise, and is projected to increase phenomenally through 2016. New York is on an ever-impossible quest to meet the demand for more spaces. This has left developers looking for innovative new ways to house the increasing population of singles. Enter My Micro NY, the city’s first micro apartment complex, located at 355 East 27th Street in Brooklyn, with 55 units ranging from 260 to 360 square feet. This building will be leasing its studios this summer for a mere $2,000 to $3,000 a month.

Rentals Make NYC Go ‘Round

Residents of New York City are changing their mindset about the rental industry. “Major U.S. cities are seeing a boost in the number of renters in comparison to homeowners”. There has been increasing demand for rental apartments suggesting that buying may not always be the best option. Mortgage rates are at a historic low, and yet many do not have funds which provides allure for renting.

That Hampton Lifestyle

Luxury Rental Manhattan Hampton Court Garden

Hampton Court's Garden

Check out this rental in the Hamptons: called the Pearlroth House, and sometimes the Double Diamond House for obvious reasons, this landmark was designed by Andrew Geller back in 1958.  Mr. Geller’s innovative designs were known for incorporating non-traditional elements with context awareness, the latter of which is doubly important for the beach houses for which he’s most known.