Interest Rates Are Down. Brand New Apartment Inventory Is on the Rise! |
It’s great when good things happen all at once. Just as the FED has announced the lowest rates we’ve seen in a long time this fall has brought with it a number of new developments that are ready for occupancy or are not too far down the road. The New York real estate market is experiencing a tantalizing wave of brand new developments that are ready for occupancy – or not far down the road. This dynamic duo of positive news is just what eager buyers have been waiting for. There’s a satisfaction that can’t be beat – moving into a sparkling fresh apartment with all the latest amenities. Here is a sampling of noteworthy new developments in the city’s most desirable neighborhoods. Imagine the possibilities! |
This full-service luxury condominium – steps from Washington Square Park - is home to 16 light-filled residences. Here’s a rare opportunity to purchase a luxurious apartment in a new boutique-size development - surrounded by the charm of this landmark community. Units range from a corner one-bedroom, to a variety of two-bedrooms, and one exclusive Penth ouse with extensive outdoor space. Amenities include a full-time doorman, a library lounge appointed for working remotely, and a state-of-the-art fitness center. Welcome to the future of Village living! |
Located by the High Line in West Chelsea, Linea is a boutique collection of 32 one to three-bedroom condominium homes. Every aspect of its design reflects a commitment to refined living. Exquisitely detailed residences are bathed in sunlight, and many feature Juliette balconies or private outdoor space overlooking historic Chelsea. The full-floor penthouse presents an uninterrupted expanse that unfolds across the terrace, gallery, living room, formal dining room and kitchen. The roof terrace welcomes all residents with its artful landscaping and a grill-equipped kitchen for al fresco dining. |
Discover luxury living in the heart of West Chelsea with this eight-story boutique development. With just 21 exclusive units, 435 West 19 offers a unique living experience in one of the city’s most desirable neighborhoods. A variety of unit layouts include spacious studios, one and two-bedroom options, as well as three full-floor three-bedroom penthouses. Residences feature white oak flooring, custom marble baths, and an in-unit washer and gas dryer for ultimate convenience. The kitchens are a chef’s dream. Amenities including a 24/7 attended lobby, fitness center and a stunning rooftop terrace. |
Welcome to resort living – as inspiring as Lincoln Center and Central Park just beyond your front door. The towering profile of 50 West 66th Street is a bold new architectural icon on the Upper West Side. A stately porte-cochere entrance sets the stage for a long list of elevated amenities, including: indoor and outdoor saltwater pools, a total-fitness gym, basketball and pickleball courts, skyline lounge and sunset bar…and a colorful playroom for kids. A lifestyle concierge is ready to handle any request. Select from a wide range of two-to six-bedroom residences with deluxe finishes throughout. |
Brooklyn has a dramatic new landmark: a 14-story condominium tower draped in a shimmering skin of undulating metal that reflects the ever-changing light and the hues of every season. Each residence features at least one and up to four private outdoor terraces. For the larger homes, some of their exterior spaces face several directions and others wrap around to enjoy multiple orientations—maximizing sun exposure throughout. Offering just 27 custom-finished residences, Nine Chapel is a unique invitation to intimate luxury – and vibrant living, where Dumbo meets Downtown Brooklyn. |
Constructed in 1898, Smithsonian Place has been lovingly restored over five years to create a 55-unit condominium that blends age-old architecture with modern style. All residences feature 9 - to 10-feet high ceilings, double-glazed casement windows, white oak hardwood flooring, kitchens with high-end appliances and in-unit laundry. Residents arrive to an attended lobby, and amenities include a fitness center, yoga studio with sauna and steam room, private podcast meeting rooms, a game room, a lounge, a children's playroom, a pet wash station, and bike storage. All in the heart of happening Harlem! As we enter the colorful, cider-scented days of Fall, it’s a beautiful time to take advantage of reduced interest rates and a robust inventory of stunning new homes. As always, it will be my pleasure to work with you.
|
Manhattan luxury contracts roar through September |
Twenty-seven deals so far this month more than triple from 2023 |
New Development of the Month |
Domino Square Opens in Brooklyn |
Two Trees Management has announced the completion of Domino Square, a one-acre public space that is an extension of Domino Park and which sits in the heart of the larger redevelopment of the former Domino Sugar Refinery site in Williamsburg, Brooklyn.
|
87 Irving Place, 2B 2BR Clinton Hill Condo
Status - In Contract
148 West 23rd Street, 2HJ Status - In Contract
245 East 93rd Street, 24J 2BR UES Bright Condo
Status - In Contract
New Development Condo with City Views Status - Closed Pre-War Condo in the West Village Status - Closed
358 Douglass Street, 1 2BR Condo in Park Slope
Status - Closed |
This Month's Mortgage Rate Snapshot |
*The rates below are based on a $3,000,000 Condominium Purchase with a 20% down payment |
10-Year Adjustable Rate: 6.125% 30-Year Fixed Rate: 6.375%
|
Justin Rubinstein is a 19-year veteran of the real estate marketplace, who quickly gained attention from industry veterans and clients alike as a motivated and knowledgeable professional whose focus is on providing the best customer service possible while negotiating and protecting his clients with dogged tenacity. This tenacity and hard work ethic has proven fruitful as he has successfully negotiated over $1B in real estate transactions to date. Justin has enjoyed representing buyers and sellers of trophy properties such as the Time Warner Center, 56 Leonard, The Apthorp, One Madison, landmarked West Village townhouses, and new development penthouses. In each instance, his clients come away from the experience with a strong appreciation for his dedication and expertise... read more |
|
© Compass 2024 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a licensed real estate broker. All material is intended for informational
purposes only and is compiled from sources deemed reliable but is subject to
errors, omissions, changes in price, condition, sale, or withdrawal without
notice. No statement is made as to the accuracy of any description or measurements
(including square footage). This is not intended to solicit property already listed.
No financial or legal advice provided. Equal Housing Opportunity.
All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS.
Photos may be virtually staged or digitally enhanced and may not reflect
actual property conditions.
marketingcenter--
|
|
|
