Real estate in NYC has its own special ‘wow’ factor that many of us have become accustomed to. However, every now and again you come across a property of truly epic proportions, and this seven-bedroom, 16-room penthouse located at 52 East 72nd Street on the Upper East Side is just that. The massive space spans approximately 6,300 square feet and includes 1,200 square feet of elegantly landscaped terraces. The listing price for this beauty is $17.95 million—and yep, if you’ve been following it, it has indeed returned to the market for $4 million less than its April listing price.
NYC luxury real estate
Who wouldn’t want to be able to order a juicy burger in the middle of the night and have it delivered in mere minutes? Or never have to worry about making the bed or folding sheets ever again (does anyone know how to fold the fitted sheet properly)? How about having an on-call masseuse? This is the life of living in a condo hotel.
Today, the city is teeming with these luxurious hybrids. The Residences at the Ritz Carlton in Battery Park City are home to the city’s most expensive listing at $118 million. The landmark Plaza Hotel was partially converted to 181 residences in 2008. And let’s not forget One57, the 90-story, 52-condo tower that will be the first five-star luxury hotel to rise in New York City in the last ten years. But do the vacation-worthy amenities at these buildings make them dominant in the real estate market?
Roof decks, concierge services, screening rooms–these building amenities are so last year. The newest crop of luxury residential developments are offering more active perks. From basketball courts to rock-climbing walls, these calorie-burning features not only alleviate the need for a gym membership, but also offer the convenience of around-the-clock access and the ease of being just an elevator ride away from home.