New York City Luxury Rental Blog Archives for June 2013

50 North 5th: Affordable Luxury Apartments in Williamsburg

50 North 5th Exterior

To be perfectly honest, we’re not entirely sure which word in that title is the least believable. Nevertheless, it’s time to temporarily silence your internal skeptic, because 50 North 5th, one of Williamsburg’s newest luxury developments, is about to hit the market.

Related Companies Bans Smoking in All of its 40,000 Rental Units

Related Companies Bans Smoking in All of its 40,000 Rental Units

Ten years ago, Mayor Mike Bloomberg passed a measure that banned smoking in bars and restaurants throughout New York City. It was a move that was heavily criticized at that point of time, with many saying that it would hurt the city’s hospitality industry. But Bloomberg didn’t flinch, and the naysayers were left grumbling as he went on to expand the ban in 2011, which put an end to smokers lighting up in the city’s parks as well. Now, a real estate company seems to have taken a page out of Bloomberg’s grand book of ideas, and has moved to ban smoking from all of its rental apartments across the country.

Christine Quinn, Bill de Blasio and John Liu Against Hike in Rents for NYC’s Rent-Stabilized Apartments

Christine Quinn, Bill de Blasio and John Liu

In the long standing battle between landlords and tenants in New York City, the latter group of New Yorkers seem to have now found an unlikely new set of allies—the city’s mayoral candidates! In a recent public hearing conducted by the Rent Guidelines Board in Manhattan, three of the Democratic candidates for mayor, City Council Speaker Christine Quinn, Public Advocate Bill de Blasio and City Comptroller John Liu, said that they were against a proposed increase in the rents for rent-stabilized apartments in the city.

New Rental in Brooklyn: Say Hello to Landmark Park Slope

Landmark Park Slope, Brooklyn

Heads up, Park Slope: there’s a new luxury rental building headed your way this August! This shiny new building, which is being called Landmark Park Slope, is located at 267 Sixth Street and will be offering studio, one-bedroom and two-bedroom apartments for rent. Given the number of New Yorkers who are interested in finding a home in Brooklyn, one can expect the 104 units that are being offered at this 12-story building to be lapped up as soon as they come into the market.

Footing the Bill is No Walk in the Park

Luxury Rentals Manhattan - Flushing Meadows-Corona Park

Flushing Meadows-Corona Park is once again the subject of controversy after MLS stadium proposals have kept the park in the headlines for the better part of a year. Though, the discussion isn’t centered on prospective tenants this time, but rather its current ones – primarily, Citi Field and the Mets. Queens’ flagship park is failing to meet cleanliness standards of other similar sized parks, and maintenance is underfunded despite playing host to the New York Mets and the U.S. Open. Councilwoman Julissa Ferreras cites Citi Field’s incredibly low yearly lease of $155,000.

Ten Museums, One Destination - The Museum Mile

Museum Mile

The 35th Annual Museum Mile Festival - NYC’s big, bold, block party of the year is here again. A mile long stretch of museums along Fifth Avenue will open their doors to thousands of visitors, leaving this block of Gotham City chock-a-block with tons of entertainment and a celebration of visual arts.

Leroy Schecter’s $125,000 Rental at 15 Central Park West is “No Longer Available”

Leroy Schecter 15 Central Park West Rental

Since its launch a few years ago, 15 Central Park West has become one of the finest luxury residential buildings we have in New York today. Designed by celebrity architect, Robert A. M. Stern, this hallowed building has seen the crème de la crème of Manhattan society reside in its premises, including Goldman Sachs CEO Lloyd Blankfein, actor Denzel Washington and singer Sting.

NYC Rentals Roundup

Tribeca Map

Living in New York City comes with a price tag. The higher the price, the better the neighborhood, the more premium the amenities on offer, and maybe a building with a great history, and well known past residents too. New Yorkers have a plethora of options like the uber expensive, recent combo-condo on the market at 15 Central Park West, at a whopping $125,000/month, which was not too long ago on the market for sale by owner Leroy Schecter for a slashed price of $85 million.

Brooklyn: Up and Coming

Rendering of 388 Bridge Street Amidst the Brooklyn Skyline

Brooklyn, once a borough for small to mid-rise buildings is starting to add a few high-rises to its resume. 388 Bridge Street will have 53 stories and 378 units, of which 234 of them will be rentals. The other 144 will be condos that are expected to be up for sale sometime this coming spring. Near completion, the building seems to pierce the sky as you’re looking at the borough’s silhouette from a distance. But it isn’t the first building to go up and dominate Brooklyn’s skyline.