Apartment rentals New York with New Rental Listings

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.

Given that Chelsea is a neighborhood that almost everybody wants to live in, it is easy to understand why finding a vacant luxury rental apartment here is often a very difficult task. But there is now hope for such dispirited apartment hunters—check out the homes available for rent at Chelsea Park, the new luxury development at 260 West 26th Street in Manhattan.

Let’s start this post off with some basic economic theory. As we’ve written before, inventory on Manhattan apartments for rent is at an all-time low. Landlords are receiving multiple applications for their apartments, and waiting lists have gotten as backed up as having twelve people on them. With demand skyrocketing and supply scarce, basic market laws tell us one thing: prices for apartments are going to be high.

We know what The Continental is -- it's a new luxury rental at 32nd Street and Sixth Avenue in Manhattan, and it has been one of the most popular luxury rental listings on Luxury Rentals Manhattan since it began leasing in mid-January. What's harder to pin down about The Continental is what neighborhood it's in. By our guidelines at Luxury Rentals Manhattan, the new luxury rental at 32^nd Street and Sixth Avenue is filed under Chelsea rental listings, and that categorization passes the initial shrug-test. But The Continental is a shorter walk from the Empire State Building than it is from The High Line, and nearer to Madison Square Garden than Chelsea Market, which could see it filed under Garment District rentals or Clinton rental listings. In this sense, The Continental has something in common with Emerald Green, a blocbuster rental listing on 38th Street that appears to exist in several neighborhoods at once. One thing that is not subject to debate about The Continental, though -- and another thing that it has in common with Emerald Green -- is that it belongs on any list of Manhattan’s most intriguing new luxury rental listings. Wherever it is, The Continental is a hit.