New York City Luxury Rental Blog

Suing for Greenpoint: There’s Something in the Water(front)

Greenpoint - Brooklyn, New York

South of Greenpoint, there’s Williamsburg—the trendy neighborhood with acres of new waterfront development. North of Greenpoint, there’s Long Island City—a neighborhood much like Williamsburg, with a new attitude and waterfront development. Then there’s Greenpoint—a neighborhood that recently was polled as the “roughest looking” neighborhood in New York City, which developers are, of course, eyeing for waterfront development.

The Apthorp Penthouses: The Up Top Down Low

The Apthorp NYC

The top floor of the historical Apthorp, a landmarked building located at 2211 Broadway in the Upper West Side, is up for grabs at $14,000 per month. In February, the apartment was purchased for $3,462,050 and has since received renovations and customizations including an additional room and custom Plato cabinets. It supposedly has never been lived in either.

Any other day of the week, this would appear to be your typical high-scale luxury rental listing. There’s a catch, however.

Gotham West: Big Building, Bigger Appetite

Gotham West Apartments

While some modern apartments advertise their sustainability, Gotham West, the massive apartment building at 550 West 45th Street in Hell’s Kitchen, is attempting to entice future tenants with sustenance.

More East River Development: LIC's Gantry Park Landing

Gantry Park Landing

In recent years, we’ve seen the major overhaul of the Long Island City waterfront. Luxury buildings now take advantage of the neighborhood’s prime location, one of them being the new Gantry Park Landing at 50-01 2nd Street. The up-and-coming neighborhood has become a popular destination for commuters, as it’s one short stop away from Midtown Manhattan on the 7 train.

High Line in High Demand

The High Line Chelsea

Chelsea is currently one of Manhattan’s hottest neighborhoods for luxury rentals, and soon it will be home to 220 new affordable housing rental apartments spread across two buildings. Not only will these two new rental buildings be in the booming neighborhood, but they come with a prime location right along the High Line at 525 West 28th Street and 500 West 30th Street.

New to the Market: The Williamsburg Rentals Starting at $2,290

The Williamsburg Luxury Rental

Well, renters of New York City, we have some good news and some bad news. The Williamsburg at 373 Wythe Avenue in Williamsburg (of course) has finally began leasing. The 11-story Karl Fischer-designed building has 88-units of studios, one- and two-bedroom apartments. The Williamsburg is located in one of the most desirable neighborhoods in all of the city, so it’s expected to reach occupancy extremely quickly.

Updated Rental Report: The Ups and Downs

The newest numbers are in, and it’s no surprise to see that overall Manhattan and Brooklyn rental prices are still up from 2012, but some of the month-to-month numbers might surprise you.

The story of NYC’s Rising Rents

NYC rents

A city with a million tags and titles, and a glossy lifestyle, attracts millions every year from across the globe to visit, move in, and buy a spot in high-rises across the city. Once they dive into the reality of the real estate market is when they feel the pinch in their pockets.