New York City Luxury Rental Blog

North Brooklyn’s landscape has changed considerably over the past decade. Williamsburg, and the area around it, saw the introduction of several huge developments to meet surging popularity, especially around the waterfront. While glass high-rises are taking a more prominent place in North Brooklyn’s real estate, these five luxury apartment buildings keep things low-key.

Downtown Brooklyn is having a serious renaissance, and along with cultural institutions like the Brooklyn Academy of Music, buzzworthy restaurants like Hill Country BBQ and Chef’s Table at Brooklyn Fare, and boutique shopping, there is an influx of luxury residential buildings that are making this one of the city’s most sought-after places to call home.

Full of creative celebrities and lined with Manhattan’s last remaining cobblestone streets — not to mention a world-renowned film festival — Tribeca’s luxury rentals offer plenty of style in one of the city’s coolest neighborhoods.

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.

John Catsimatidis, famously the owner of the NYC supermarket chain Gristedes, is developing a brand new construction rental in Downtown Brooklyn. Construction on 86 Fleet Place has actually started, with expectations to wrap up in 2016.