The Four Seasons Private Residence Downtown is destined to be one of the finest Manhattan Luxury Properties in all of Downtown New York City when it opens in late 2016. This prestigious hotel and condo building will rise 926 feet tall over 82 stories, making it one of the tallest residential buildings in all of downtown. Located in sophisticated Tribeca, just north of the World Trade Center, the building will serve a huge need in the area for true 5-star hotels, as well as private residences with 5-star hotel services.
35 Hudson Yards, the second residential building coming to Hudson Yards at 33rd Street and 11th Avenue in New York, will rise a few blocks north of 15 Hudson Yards and the fashionable High Line Park. Unique in its cylindrical design, 35 Hudson Yards will be one of the tallest Manhattan Luxury Condo buildings in Manhattan, rising 1,000 feet over 79 stories. In addition to the condo component, the building will include a 150-room, five-star hotel with ballroom and luxury spa. The condo will have specially designed luxury amenities to pamper residents and access to amenities at the hotel.
15 Hudson Yards, the first residential building coming to Hudson Yards, the 28-acre mixed-use redevelopment project due west of Penn Station on the Hudson River, will be located at 30th Street and 11th Avenue, adjacent to the fashionable High Line Park. Taking the form of what looks like two double barrel shotguns fused together, its multi-cylindrical appearance is a standout in a city full of right angles.
The Pierhouse offers contemporary townhouse-like living, except with expansive, protected views of Brooklyn Bridge Park, the Manhattan skyline and New York Harbor. Given its location, a short ferry or subway ride from Wall Street or Midtown, Pierhouse could be a great alternative to Manhattan Luxury Properties, which are priced much higher. Also, it’s only a 5-minute walk to both Dumbo arts district and Brooklyn Heights historic district.
Views. Views. Views. 50 West Street is a standout among Manhattan Luxury Properties in Downtown. Rising 760 feet tall, high above its neighbors, the building’s position between Rector Street and West Thames Street guarantees breathtaking views of Statue of Liberty, Ellis Island, New York Harbor, and the East and Hudson Rivers in New York.
Technology is playing a greater role in New York City’s job market and, consequently, in the New York Real Estate market. A recent study found that New York’s Silicon Alley has almost 300,000 jobs in its high-tech “ecosystem,” which includes both tech and non-tech jobs from programmers to sales reps. These jobs pay almost 50% higher than the average city-wide wage. At the beginning of 2014, approximately 7% of the city’s population was in the high-tech industry, generating 12% of the city’s tax revenue. NYC tech jobs, however, are being created at a higher pace than in any other sector - growing four or five times faster than the rate in the rest of the city.
Super-tall, thin, sexy and elegant! One would think I was referring to the latest runway models at fashion week, but, actually, I am referring to the new super-tall, ultra-luxurious towers rising, or set to rise, from 950 to 1,550 feet tall along 57 Street (and its environs) from Park Avenue to Broadway, now dubbed by many as Billionaire’s row in New York. While the intersection of 57 Street and Fifth Avenue has long been the epicenter of luxury in Manhattan, never has it been home to the most exclusive of New York residential real estate. Soon, however, that will forever change.
The newest proposed tower of the bunch, 520 Park Avenue, is being developed by the Zeckendorf’s, the same team behind 15 Central Park West, 18 Gramercy Park and 50 United Nations Plaza. Its’ 31 units will rise only 51-stories, making it by far the shortest of the bunch. However, given that it sits on a prime mid-rise block in the Upper East Side, on 60th Street between Park and Madison Avenues, apartments will have great views of Central Park and the city while, at the same time, being in a traditional New York neighborhood.
Set to be one of the very tallest residential buildings in New York at a height of 1,398 feet, 432 Park Avenue will tower above all of its neighbors, including 520 Park Avenue, which lies three blocks north and is only 781 feet tall. The building sits directly south of the Four Season’s Hotel - between 57th and 56th Streets and Park and Madison Avenues – a location that has long been synonymous with luxury. 432 Park Avenue is in the middle of construction and completion is anticipated for 2015.