New York City Luxury Rental Blog

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. 

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.

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.

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.