LATEST NEWS

One West End Avenue: There’s Something For Everyone

This new luxury building in Manhattan puts de Blasio’s affordable housing plan into action.

By Team Agorafy November 2, 2016
Courtesy of Street Easy

Nobody likes to wait for anything in New York City: coffee, lunch, taxis… you get the idea. Much like registering kids for a coveted Manhattan private school before they’re conceived, apartment units at One West End Avenue went on the market well before the building was fully constructed.

Currently, the 42 story, 246 units in this shiny glass building are getting ready for move-in after this coming winter. Designed by Pelli Clarke Pelli, and developed by the Elad Group and Silverstein Properties, One West End Avenue as it is called, will include extravagant penthouses (like “Penthouse A” that measures in at 5,900 square feet) as well as below market affordable housing, named “10 Freedom Place”. It’s a different name to avoid mixing up the fancy people with the not-so-fancy-people. The affordable, low-income housing will take up a total of 116 units.

Related: Sub-Prime Lending In An Over Heating Market Is Back. How Worried Should We Be?

But back to the fancy, fun stuff: the four bedroom, glass encased modern-as-all-get-out Penthouse A comes with an outdoor kitchen (yes, you read that correctly), a built-in coffee system, two en-suite baths with heated marble floors, and almost 800 square feet of exterior space- not to mention a separate wine fridge- duh.

The luxurious penthouse went on the market in June for $21 million, and is already in contract. See? No one waits for anything. But not to worry- you can still grab ‘Townhome 29B’ which is listed for a mere $19.5 million. It’s a 5,371-square-foot duplex that’s almost as large as the massive Penthouse A.

Images courtesy of One West End

If you are slow on the up-take, or can only afford a measly $1.52 million, don’t fret- there’s still a 2 bedroom with your name on it. Or, if you need more space for say—your enormous, rare, antique china-doll collection—you can buy a four-bedroom, with four and a half bathrooms for $7.45 million.

If you’re not a multi-millionaire, and most of us aren’t, think about taking advantage of Mayor Bill De Blasio’s personal affordable housing mission. The affordable housing units in 10 Freedom Place will literally not be in the same building as One West End. They’re going to occupy the bottom seven floors of a building below the massive glass mecca, and those occupants will have to utilize the servants entrance. Or uh, the poor door- or, uh- what IS the politically correct term for an entrance that only some people use? Anyway, they go through there. Those units are priced between $833 and $1458 for one to two bedrooms. The lottery on these units start November 1st.

Images courtesy of One West End

The poor and the rich can meet in a small courtyard as well as a large 12,000 square foot roof deck on the top of 10 Freedom place, that will also have fun BBQ areas. Not so bad, right? The positive side is there’s kids’ play rooms, bike storage, laundry and communal spaces with cozy fire-places for both the One West End and the 10 Freedom Place residents. But if you’re a resident of the 10 Freedom Place, don’t even think of using the pool. That’s for the rich folks. Don’t worry, they’ll just wave and make fun of you from their private cabanas—sipping on champagne while you eat your hotdogs.

Team Agorafy

ABOUT THE AUTHOR Team Agorafy

ABOUT THE AUTHOR Team Agorafy

Our mission is to be the most accurate resource for commercial listings, residential listings, and property information, allowing users to make highly-informed decisions based on current market data.

  • AGORAFY
    Stefano Boeri, the architect mastermind behind the famous plant-covered skyscrapers, is now designing Forest Cities in Liuzhou, China. #ForestCity #China https://goo.gl/PsTUwv
  • AGORAFY
    Auction is the second scheduled in a month for a One57 unit and it could set a NYC foreclosure record. #BillionairesRow #Foreclosures https://goo.gl/NZ3zqD
  • AGORAFY
    Once a couch-surfing website, Airbnb moves on to luxury properties, further disrupting hospitality industry. #Airbnb #Luxury https://goo.gl/7TpLk6
Four Countries To Retire In With $200K In Savings—And How Much Real Estate Costs There
Ever dreamed of retiring abroad? You know, affordable healthcare, better climate, more positive news—becoming an expat seems like an enticing option, especially one you no…
While Other Real Estate Platforms Start Charging Agents $3-Per-Day Exposure Fee, Agorafy Remains Accessible To All
Real Estate searching platform are always finding news ways to diversify their revenues models. Case in point—on Tuesday July 18, Streeteasy, one of New York…
Is Real Estate Crowdfunding The Fix That Urban Housing In America Really Needs?
Saving money for a down payment? One can only hope. Most millennial in their twenties or thirties are mortified that they might never be able…
Brooklyn And Queens’ Real Estate Sub-Markets Continue Their Ascent To The New Heights
So, the sales prices in Brooklyn and Queens hit record highs. Again. Just like they did in December 2016 and at the end of this…
The Economy Of Car Services And Delivery Apps Might Be Making NYC Less Eco-Friendly
Living in an eco-friendly neighborhood is a good thing. And, as it always the case with the good things, it also costs more. High rents…
Building Communities: What The U.S. Developers Should Learn From Soho China
As our world emerges into the new period of globalization and technology, some of the most important by-products of this process are buildings that have…
Five Reasons Why All Entrepreneurs Must Keep Their Eyes On China
It is hard to overestimate the importance of Chinese influence on the modern global economy. Carving out a place in Chinese market and winning over…
Airbnb Up Their Game With A New Luxury Tier Featuring Mansions And Villas
Airbnb is about to seriously up their game. First, the company started testing a new service called Select in an attempt to push accommodation listings…