Home News Manhattan’s Upper West Side Sees Renewed Interest as New Developments Open to Residents

Manhattan’s Upper West Side Sees Renewed Interest as New Developments Open to Residents

by admin
0 comment

Daniel Kochaf, a partner of the Tenor Capital Management Company, and his wife Tal were the first buyers at 200 Amsterdam in 2018, when the 52-story tower was still under development, he said Mansion Global. ..The couple was attracted to Upper West Side straight away.

“It’s a realistic neighborhood. It’s casual and friendly. That’s what we like,” Kochaf said at Mansion Global. “It’s in line with our cultural desires … you feel like you’re in the neighborhood, and that’s what we were looking for.”

After living in Westchester for 25 years, the couple, now grandparents and moving to the city, wanted to be on a higher floor with a view, but they also had home-like proportions. They found it on Amsterdam Avenue between West 69th Street and West 70th Street in 200 Amsterdam, a 112-unit project designed by Boston-based Elkus Manfredi Architects.

In terms of design, Kochaf said they were fascinated by the high ceilings of the house, the large corridors, the bright spaces, and the couple’s “pride and joy”, the laundry room. According to PropertyShark records, they closed a 2,692-square-foot home for more than $ 9 million in January.

more: What Does the Real Estate Industry Layoff Mean for the U.S. Housing Market?

Inside view of an apartment in 200 Amsterdam.

Williams New York

“It’s hard to move into the city and find a place to be a home rather than an apartment. This exceeded our expectations,” he said, and they love the view of the Hudson River from their bedroom. So I added, “I can’t put a shade.”

Popular with artists and scholars, the Upper West Side is gaining new interest in pandemics. The lush Manhattan district (a large area between West 59th Street and West 110th Street between Central Park and the Hudson River) offers space for homeowners, proximity to the park, convenient transportation, and a community. Provides the atmosphere of. There are also public and private schools, as well as world-class arts, shopping and restaurants.

“People are fascinated by this cultural center, which is home to the American Museum of Natural History and other major cultural institutions and parks, as well as the Lincoln Center,” said Robin, Managing Director of Development and Marketing, Brown Harris Stevens. Schneiderman said. 200 Amsterdam sales. “And you have this central location in this highly coveted neighborhood.”

more: Despite the fiery US housing market, there are still benefits to selling at auction

“The best place to take root”

The Upper West Side was a popular destination for buyers during the pandemic. According to PropertyShark, overall neighborhood sales increased 25% year-over-year in May, but the median rose 8% to $ 1.2 million.New slate Condo Recent developments in the area have given buyers the option of modern floor plans and adequate amenity packages.

Ride The Westley, a 20-story tower on Broadway’s West 91st Street. The limestone façade nods to the classic materials of the neighborhood, but its cantilever façade is clearly different. It “grows as it rises”, allowing larger space on the upper floors to create space for concurrent spaces and “outdoor pools on the roof-something almost unthinkable in other buildings on the Upper West Side”. .. ODA architecture, writing.

Exterior rendering of Westley, a 20-story tower on Broadway on West 91st Street.

Christian Eriksson of Redundant Pixel

The project is scheduled to begin closure at the end of summer, with prices ranging from $ 2.625 billion to $ 13.5 million for 57 units. SERHANT who is in charge of sales at Westly. Initially, more units were planned, but several were combined for buyers looking for space to work as well as live, according to Jennifer Alese, director of new development at. ..

“Many people are back [to the city] And I’m looking for space. This is one of the things West Lee and Upper West Side really offer to people, “she explained. “It’s a really great place to take root, especially with access to parks, all restaurants, transportation, prestigious schools and private schools.”

Westly has a rooftop pool and the Upper West Side is unusual.

Christian Eriksson of Redundant Pixel

ODA has another project just a short walk from West Lee on 2505 Broadway on the corner of West 93rd Street. According to Ariel Tiroche of Douglas Elliman, who is in charge of sales, the 41-unit building will appeal to buyers who appreciate the hustle and bustle of Broadway.

“It’s not Park Avenue. There are stores and it’s lively. You have a little bit of everything and that’s part of the attraction,” he said. “But … wait a minute. There are two parks, Riverside and Central Park, and the side streets are gorgeous.”

more: Rising rents and changing populations maintain seller advantage in US cities

The 2505 Broadway offers its own outdoor space in the form of a roof deck with an outdoor kitchen, and 11 of its units feature $ 4.85 million private outdoor space, including 3 bedrooms on the 16th floor of the market.

Indoor facilities include a lounge, kids playroom, gym and half basketball court.

41 units Upper West Side luxury home, 2505 Broadway exterior and balcony.


“The entire activity area will also be a screening room,” said Tirosh. “Imagine looking for an activity for a child in the winter. It’s in your building.”

Renew the old one

The Upper West Side is better known for its Dakota-like brownstone and trophy co-operatives along Central Park West than the glass and iron towers. Conversions offer traditional architecture with state-of-the-art interiors including open floor plans, larger bathrooms and smart home technology.

At Marlowe on West 82nd Street, BKSK Architects is helping to preserve and modernize neo-Georgian buildings with a focus on conservation. The project has 27 10-story apartments, of which a 1,900-square-foot 3-bedroom, 2.5-bathroom apartment costs $ 4.65 million.

“We hope that our excellent location in the perfect residential area of ​​the Upper West Side will attract a lot of interest not only from young families but also from those who are moving to the city or investing in real estate. I knew. Shaun Osher, founder and CEO of real estate company CORE, said in an email.

more: The moment of negotiation may finally have arrived for luxury buyers in the Bay Area of ​​California.

The living room of Marlow’s apartment.

Evan Joseph image

CentraRuddy Architecture recently directed another Upper West Side renovation. A redesign of 393 West End Avenue on the corner of West 79th Street. Based in New York City, the company has transformed the 1927 building by architects Goldner & Goldner into a modern condominium dwelling that combines “old-world details with current life.” Brown Harris Stevens Development Marketing in charge of sales.

“This is a new development disguised as all these architectural elements,” she said. “We can really celebrate the soulful elements of the building.”

The exterior of 393 West End Avenue, a modernized 1927 building.

Alden Studio

About one-third of potential buyers are engaged in technology, which has changed over the last five to eight years, she added. Many of these are clients who often work from home and are looking for space in their apartment or building. This makes CetraRuddy’s expanded floor plans (the building contains 75 units instead of the original 112 units) particularly attractive.

Many people are fascinated by the charm of conversion, not to mention the prime location on the Upper West Side. And while clients come from all over the world, many of them already live in the neighborhood and are trying to expand or upgrade without having to move to another part of the city.

“We are getting very locals and people who lived in the West Side before they left and went to the suburbs,” Forbes said. “Now they are back and it’s like’I’m not going anywhere else’.”

You may also like