Apartment rentals New York with New York Times

The meticulous renovation of the pre-war luxury rental building at 37 Wall Street in the Financial District speaks to the care with which architect Costas Kondylis turned famed architect Francis Kimball's original Beaux-Arts structure into one of the more desirable rental listings in the Financial District. It's a luxury rental through-and-through, but 37 Wall Street is also something else -- a test-case in a lawsuit that's looking to extend rent-stabilization to all buildings, luxury rental buildings in the Financial District notwithstanding, that were constructed with the benefit of New York's 421g tax breaks. The renovation of 37 Wall Street benefitted from those tax breaks in funding its overhaul into luxury rental apartments, and the New York Times reports that a December housing court decision could pass those benefits on to the residents at 37 Wall Street through eviction protections and, maybe, rent reductions. Suffice to say that the developers behind 37 Wall Street are not pleased.

When Christopher Albanese speaks, the Luxury Rentals Manhattan blog listens. This is because Albanese's real estate development company, The Albanese Organization, has developed some truly extraordinary green rental buildings in Battery Park City: the Solaire and Verdesian. Two of the greenest green apartment listings in Manhattan, the Solaire and Verdesian were trend-setters in the burgeoning market for green rental apartments in Manhattan, and happen to be pretty beautiful buildings beside. Given your blogger's admitted soft spot for green apartment buildings, the Solaire and Verdesian are sentimental favorites of a sort, but the apartments for rent at the Solaire and Verdesian are also among the most popular rental listings here at Luxury Rentals Manhattan, so the favoritism isn't entirely sentiment-driven.