Apartment rentals New York with Waterfront Residences

Even though Manhattan and Brooklyn are generally considered the most predominant boroughs in NYC’s real estate market, Queens rents saw a notable increase — and in the area around Long Island City, the median rent actually surpassed Brooklyn’s.

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.

In New York, buildings located near the water are coveted real estate, and New Yorkers have proved willing to shell out big bucks to wake up to  awesome views of the Hudson or the East Rivers. But the numerous problems such waterfront developments had to deal with thanks to last week’s Hurricane Sandy have raised questions about these popular buildings along the water, which include impressive addresses like 200 Water Street and New York by Gehry at 8 Spruce Street. However, both experts in the field and city officials are saying not to worry—these locations have not lost their sheen in the real estate market.