New York City Luxury Rental Blog Archives for May 2013

The Douglas Elliman Rental Report: What You Need to Know

NYC Skyline

As always, The Elliman Report released earlier this month provided a wealth of data on the state of the Manhattan real estate market. In many cases, the overall trends were not particularly surprising, with average prices maintaining their upward trajectory and vacancy rates remaining low. Still, when breaking down the numbers by specific neighborhoods, there are some interesting fluctuations from last year’s numbers worth noting.

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A 5 minute Tram Ride to Remember - Roosevelt Island

A Birds eye view of Manhattan

Looking for an inexpensive way to get a bird’s eye view of Manhattan? A 5 minute ride on the Roosevelt Island tram, that takes off from 59th Street and Second Avenue, over dramatic city sights, high-low elevations of the Queensborough Bridge, and the Manhattan skyline; offers riders just that.

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The Grass is Greener in Greenpoint

Greenpoint Waterfront

Brooklyn’s northernmost pocket of Greenpoint is fast becoming New York City’s latest hotspot, as hordes of the young and trendy take up residence. Williamsburg’s overspill have found a friendly and affordable alternative that retains all the charms without the hustle and bustle of a community at peak capacity. With a diverse population, fantastic restaurants, and plenty of growth in luxury rental spaces available, such as the Viridian at 110 Green Street, Greenpoint is only lacking in open air recreation to offset the kind of density that’d stifle its character.

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Building Amenities Pack a Punch at 45-45 Center Boulevard

45-45 Center Boulevard, Long Island City

There are building amenities—and then there are luxury building amenities.

Falling into the latter category are the services being provided at 45-45 Center Boulevard in Long Island City, whose list of amenities contains a lot more than the usual doorman and concierge service. Perhaps the most interesting of these features is the 5000 square-foot outdoor space, which contains, among other things, a real sand beach volleyball court. That’s right—if you live at 45-45 Center Boulevard, you will no longer need to go to the beach for some fun games in the sun.

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Reports Suggest Tight Rental Market Ahead for Manhattan

Reports Suggest Tight Rental Market Ahead for Manhattan

Well, this bit of news will come as no surprise to those of you who have been following this blog: rents for apartments in Manhattan have risen again, and this trend is expected to continue as summer comes to New York City. The latest rental market report from Douglas Elliman put the median rent of a Manhattan apartment to be at $3,195 per month, which is an increase of 6.5 percent from its value a year ago in April.

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Only 40 Apartments Remaining at 27 on 27th in Long Island City

Apartments available for rent at 27 on 27th in Long Island City

While there’s already been a lot of talk about 27 on 27th, it seems that New York City’s real estate enthusiasts can’t get enough of this new luxury development in Long Island City. This gleaming tower in Court Square had made quite a splash when it entered the market in January, and it seems to be continuing on its winning streak—reports now claim that 102 of the building’s 142 units have already been rented.

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New York Yankee Ichiro Suzuki Moves to Harlem

New York Yankee Ichiro Suzuki Moves to Harlem

If you’ve ever had doubts about how good the luxury residential options available in Harlem are, then this celebrity endorsement of the neighborhood should be able to put your mind at ease. Baseball star Ichiro Suzuki is going to be the newest resident of this historic neighborhood: according to The New York Post, the Yankees outfielder has decided to rent the fantastic six-bedroom penthouse at 111 Central Park North for $23,500 per month.

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101 West 15th Street: The Building Formerly Known as The Code

101 West 15th Street Latest Rendering

What’s in a name? Well, in the case of the building formerly known as The Code, a change in name seems to have also caused a change in the building’s proposed architecture as well. This luxury rental building, which is being developed by Stonehenge, is now known by its Chelsea address, 101 West 15th Street, and the latest renderings for the site showcase the building with practically no change to its exterior design—the futuristic additions that were to be placed on top of the building are now nowhere to be seen.

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