The city’s real estate industry isn’t too worried about a Donald Trump presidency. Real estate insiders feel that the man whose family’s fortune was made in the industry and padded by its favorable tax breaks, foreign investments and still-rising market will be unlikely to bite the hand that has fed it so well, Crains reports.
New York City real estate
While we’re all still in the patriotic mood after the July 4th festivities, we thought it appropriate to put together a friendly little challenge between New York City and her cross-pond ally and sometimes rival, (what are the kids calling it these days, a frenemy?). In the left corner is NYC, global hub of finance and media, weighing in with a population of 8,405,837. And in the right corner we have London, the world’s most-visited city, population 8,416,535.
According to British real estate website Zoopla, the average price of a Central London home over the past year is £1.1 million or $2 million in U.S. dollars, topping the $1.6 million average selling price of residences in the core of Manhattan.
Ready for Its Close-up: $19.5M Park Avenue Apartment With Interior Staging by Jed Johnson Associates Does Not Disappoint, Mon, July 7, 2014
Park Avenue is synonymous with luxury living and this 3BR/4.5BA apartment at the corner of 71st Street does not disappoint. The sprawling residence at 737 Park Avenue features over 4,300-square-feet of perfection starting the moment you step off the elevator onto your own private landing. We won’t blame you for doing a little fist-pump after taking possession of the keys. Expertly staged by Arthur Dunnam of renowned interior design firm Jed Johnson Associates (whose work has been featured in Architectural Digest, Elle Décor, and Interior Design), the home is beautifully divided into public and private spaces.
Stunning Penthouse Illustrates Why “Time and Again” The Dakota is One of Manhattan’s Most Treasured Residences, Thu, July 3, 2014
Author Stephen King considers Jack Finney’s classic novel, Time and Again, to be “THE great time-travel story” ever, and figuring prominently in the main character’s attempts to travel back to the late 1800’s is the building that still sits prominently at 1 West 72nd Street, The Dakota. Its significance in the plot is not simply because it was completed around the time of the story’s setting, but rather for a more interesting notion: The Dakota faces a section of Central Park which, when observed from the apartment in the story, remains relatively unchanged from the day it was completed in 1884. A timeless view.
In our humble opinion putting down roots in New York City should be on everyone’s bucket list. And that’s exactly what Friedrich Gretsch, an immigrant from Mannheim, Germany did in 1883, when he founded a small musical instrument shop in Brooklyn that later became a dynasty still in existence today. In 1916, as The Gretsch Company expanded, his son moved the operation to a mammoth ten-story factory at 60 Broadway in Williamsburg, Brooklyn, now the site of this luxury residential condominium conversion by architect Karl Fischer and interior designer Andres Escobar & Associates completed in 2003.
Smack dab in the middle of the West Chelsea Arts District sits this exquisitely appointed 3BR/3.5BA duplex at 456 West 19th Street. We couldn’t think of a more perfect location for this glorious work of art which showcases the wonderfully creative and tasteful touches of world-renowned interior designer Shamir Shah and offers huge canvases of wall space tailor-made for your own artistic influences.
Let’s just cut to the chase. Someone, somewhere along the way, had the brilliant idea (and a bank account to match) to combine three adjacent apartments at Plaza 400 into this sprawling 2,800-square-foot home. So if city living with suburban-sized rooms is on your bucket list and you’ve got $3.8 million to spare, look no further than this 5BR/4BA apartment located at 400 East 56th Street.
When we think of the Upper East Side, this home at 50 E.79th Street is exactly what we imagine: a grand residence with classic lines and Central Park views.
You will feel special from the moment you walk into the marble floored-entrance gallery of this 4BR/4BA corner unit in a Brown & Gunther designed building. The formal floor plan gives each exquisite room its just due while still allowing for comfortable entertaining. Though tucked away in their own private little world, each section of the expansive living space is easily accessible from the main gallery.
Remember the Sesame Street segment called “One of These Things is Not Like the Others”? (If you don’t, click here for a reminder). Well, it’s exactly what came to mind as soon as we saw photos of this gorgeous Upper East Side apartment located in Bridge Tower Place at 401 East 60th Street. The lush details in every room conjure up the French baroque style of Versailles with its lavish decoration and romantic elegance. Every room that is, except the beautiful but sorely out of place kitchen.
Celebrity sightings are not uncommon in the West Village and along the quiet, leafy street named Christopher filled with charming homes owned by the likes of the late Phillip Seymour Hoffman and comedienne Amy Sedaris. But residents here take it all in stride, and that low-key vibe permeates the walls of this beautifully appointed 3-bedroom, 2-bath condo at 45 Christopher Street.
This corner unit’s original beamed ceilings, hardwood floors, and light-filled rooms offer a perfect setting to the city views greeting you to the north and west.