Apartment rentals New York with High Line Park

Glassy MoMa Inspired Tower Coming to the High Line


West 21st street and 11th Ave

The latest project slated to come to the High Line is inspired by the MoMa’s sculpture garden, allowing it to fit right in with the other unique starachetic’s structures. London Studio Seilern Architects plan to bring this 24-story glass tower to the corner of West 21st street and 11th Ave., across from Norman Foster’s 551W21.

The tower will have commercial space that will hold a gallery on the lower levels as well as a reception area and sculpture garden. Above that will be residential units.

 

3 of Our Favorite Hotel-Apartment Buildings

Manhattan’s history of luxury hotels runs pretty deep, and they’ve been a mainstay for the past century, especially around Central Park.  Recently, New York City’s luxury hotels have found themselves on an uptick, with noticeably higher vacancy rates.

Wall Street Branching Out as Landlords

Wall Street Landlords Manhattan Real EstateUnder the current state of the Manhattan luxury rentals market, more and more investors are taking advantage of the prosperous opportunities and becoming landlords. And when it comes to savviness in investment opportunities, few sectors are as synonymous as Wall Street. According to the Wall Street Journal, several Wall Street firms have been bidding and successfully purchasing foreclosed properties and with the plans of converting them into short-term rentals. While many of these up-and-coming rentals may not come with concierge service or a rooftop terrace, the revenues they generate have the potentials to support and expand new residential developments in Manhattan.