Five Of The Coolest Condos Set To Hit The Manhattan Market This Spring
Manhattan’s construction frenzy continues regardless of a softening market with a deluge of new properties up for sale.
It may not seem like it but spring is here and that means we are about to enter into the most frenzied season of home buying of the year. To coincide with buyers opening their purse strings (or hedge fund accounts), there are a slew of new properties hitting the market in NYC in the next few weeks. Manhattan being an island means that the only way is up for developers. Large development and boutique condos alike are taking their place in the heavens as the city’s skyline seems set to be transformed yet again, with high-end design matching high-end prices. Here are five of the coolest projects set to tempt the well-healed.
The rock-star architects—or Starchitects—called in for this project make this project news worthy on name value alone. Three buildings on one of the last remaining waterfront sites on the Upper West Side have each been designed by Rafael Viñoly Architects, Richard Meier & Partners Architects, and Kohn Pedersen Fox Associates. With more amenities than a Disney cruise, boasting 100,000 square feet over five acres, and more glass than green house convention, the project will have 263 new condos in total from floors 20 and above. One-five bedroom apartments will be overlooking three acres of park and of course, the glistening Hudson.
Renderings of The Greenpoint, located at 21 India Street, Greenpoint, show a majestic glassy tower rising up in a blackened sky over a dark East River. There is something gothic about it, as if Batman himself may live there. No doubt, this will be a superhero of Greenpoint neighborhood’s formerly industrial skyline. There will be 95 one-to-three bedroom condos above the 28th floor with rentals below. A waterfront park—30,000 square feet of amenities and 12,000 square feet of outdoor space—will give some serious competition to Williamsburg, depending on the price points.
Those coveted 421-a tax abatements were part of the deal for this Murray Hill property. This means that affordable housing in the form of a property tax reduction has to be part of this swanky boutique condo development. Designed by Rawlings Architects, the property features trendy interiors and amenities such as a 24/7 concierge service, lounge, fitness center, superintendent, bike storage, private storage, and a roof garden with setups for grilling and dining—not to mention skyline views. There will be 74 units starting at $900,000.
The Bowery was one a rather gritty part of town. In the 1970’s, it became known for its small underground club scene before gentrification swooped in turning dross to gloss. Thus, this boutique building has six three-bedroom apartments that start at just under $9 million. There’s also a multi-terraced garden, private gatehouse, art installations by artists Federico Uribe and Roy Nachum. Coolness doesn’t come cheap.
Why have conventional right angled corners when you can have triangles instead? This new 18 -story glassy building features a unique design of interlocking triangles on the corner of the building where Gramercy Park and Madison Square meet. The building is designed by partner Shohei Shigematsu, director of OMA New York. It’s located on the orbit of the increasingly cool 23rd Street, where a hive of activity and new developments are about to take to the skies. The bathrooms feature Calacatta Paonazzo marble counters, and white cabinetry with chrome Kallista fixtures.There’s also automated indoor parking, bike and private storage, a lobby with full time attendant. The lower end price-point of $1.3 million for a studio isn’t too shocking. On the upper end, a five-bedroom penthouse will go for $10.5 million.
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