Apartment rentals New York with Apartments Near the High Line

Photo courtesy of The High Line

After opening in 2014, The High Line has become one of the most popular spots in New York City. With such a keen interest in the redeveloped park, luxury real estate with view of The High Line are in high demand. Here are five luxury apartments for rent in Chelsea that give round-the-clock access to a view of this beautifully transformed railway.

2014 has been a pretty solid year for New York’s rental markets.  From neighborhood-boosting projects like the High Line to an increasingly impressive Billionaire's Row, the sector and overall industry have set some pretty high bars for 2015.

^{Rendering courtesy of Related  / YIMBY}

The first official rendering for a new High Line-adjacent rental building from Related Companies has been revealed. Pro-development blog YIMBY published the rendering of 520 West 30th Street, which will rise 28 stories and bring 174 new apartments to the Hudson Yards neighborhood near the High Line in Chelsea.

Chelsea is currently one of Manhattan’s hottest neighborhoods for luxury rentals, and soon it will be home to 220 new affordable housing rental apartments spread across two buildings. Not only will these two new rental buildings be in the booming neighborhood, but they come with a prime location right along the High Line at 525 West 28th Street and 500 West 30th Street.

Already one of the most dynamic and popular Manhattan neighborhoods, Chelsea and its surrounding area is in for some big changes. In the next three years, three major projects are planned: the third portion of the High Line, running up to 30th Street; the Hudson Yards Redevelopment Project; and the extension of the 7 Line to 34th and 11th. Chelsea’s rental market has adjusted to the boom and cultural shift from the High Line and the growing allure of the neighborhood. Rental prices are remaining relatively steady, but anticipation is building in the face of this huge influx of new development. Although the massive impact of the High Line on real estate, retail, and cultural institutions was relatively unexpected, developers will not be caught off guard this time.