1110 Park Avenue is a boutique condominium that features only nine residences in New York. Each unit boasts great views of Park Avenue with all of its greenery, through oversized windows. The design of the buildings is very classic and in keeping in line with those trophy buildings in the immediate neighborhood.
Battery Park’s luxury building, River & Warren, is making a splash in Lower Manhattan. The 28-story tower located right off the Hudson River overlooking Nelson A. Rockefeller Park is a condo conversion from a rental building.
River & Warren, aka 212 Warren, is a gut renovation of a rental building into luxury condos in Battery Park NY. What we love most about the building is its position along the Hudson River and Rockefeller Park, as well as the luxurious interiors that are designed with neutral tones – think white, oak and grey.
Looking to the future, one constant remains the rise of the Asian powerhouse cities, the relative decline of the European centres and the tussle between two global behemoths – New York and London, with New York expected to be the most important city for global UHNWIs in 2025.
In its recent Global Cities Survey for 2015, the Knight Frank Wealth Report ranked New York City #2 global city, losing out to London. But, that should be short lived, as the same survey projects New York City to regain its top ranking by 2024. The Global Cities Survey monitors the cities
NYC luxury real estate has been heating up, despite the sub-freezing temperatures that marked February 2015 as the coldest February in over 80 years. The market for properties over $4 million is on fire, rising to 116 signed contracts, an increase of 23% over last February, making this month the highest number of signed contracts over $4 million on record. January fared well too, with 98 signed contracts, about the same as last year. With such sales strength of luxury properties during this brutal winter, we are expecting a banner year for the NYC luxury real estate market for the balance of 2015.