Apartment rentals New York with Luxury Apartments Manhattan

It seems as though new rental developments are being built every day. With so many options to chose from, it makes picking the one that’s perfect for you a little more difficult. For those who own pets, finding the perfect rental that is also pet-friendly can make the decision all the more challenging. To make things easier, here is a list of three luxurious rentals that also allow pets. 

Manhattan West’s first rental building is now complete, on the market, and open to residents! The Eugene, located at 435 West 31st Street was developed by Brookfield Properties and Skidmore and stands 62 stories tall, and holds a total of 844 apartments ranging from studios to three-bedrooms, which are now welcoming residents.

It’s been almost a year since we reported on the Pierre Hotel’s 39th floor apartment, that, at $500,000 per month, clocks in as New York’s priciest rental. Turns out, it’s also the second most expensive rental in the entire country. 2 East 61st Street is a 4,786 sq ft six-bedroom apartment that spans the entire 39th floor of the Pierre Hotel, which recently underwent $100 million in renovations.

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.

It seems that buying is no longer the best option....or that’s what Millennials in Manhattan seem to think. While many young professionals in New York can afford to put a down payment on a six-figure apartment, they are choosing to rent instead. According to the Observer, “With their increasingly mobile jobs and lifestyles successful New Yorkers in their 20s and 30s are shying away from making a commitment to one city, let alone one apartment. And despite Manhattan’s astronomical rents, it’s costlier still to buy here with the average Manhattan apartment now going for $1.73 million, a record high.”