Apartment rentals New York with Billionaire's Row

New Trends: International Luxury for International Renters

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It’s a well known fact that international investors play a huge role in Manhattan’s real estate scene, especially in the ultra-luxury sector — but as it turns out, international tenants make up a significant part of the luxury rental market too. In general, the Manhattan housing market is dominated by rentals, with condos and co-ops taking a backseat, and with a brilliant run of new constructions, the luxury sector in particular has grown consistently.

Rental Market Trends: Coast vs Coast

One57 Luxury Market

New York City and San Francisco have highly competetive and very different rental scenes.

The Prospect of a Shadowless NYC

 

New York City is known for its endless sea of skyscrapers. They sprout into the sky, and blocking interminable amount of sun, resulting in dreadful showdown-casting monsters. What if that was no longer a concern? The architects of London-based firm NBBJ are set on developing a new structure that will work to eliminate shade year-round, completely redefining the skyscraper.

2014 Year End Wrap-Up: Luxury Rentals Manhattan's Top 7 Stories

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.

 

432 Park, Billionaire's Row, and the Future of Cityscape

The set of seven sky-high luxury apartment buildings to take root in midtown Manhattan over the next decade is sure to alter the cityscape. Known as Billionaire’s row, “it’s one thing to rend about $130 million apartments--it’s another thing to see just what an impact these obelisks will have on the Manhattan skyline.”