Stephen G. Kliegerman
President of Development Marketing
… Neighborhood for Families
West Fifties and West Sixties
Years ago, when the Donald started building Trump Place on Riverside Boulevard in the West Sixties, some brokers wondered if buyers would truly want to live that far west. Apparently, they do. The area is now a hotbed of condo activity. And not just any condos, but ones that offer spacious apartments perfect for families, such as the Avery on 65th, the Element on 59th, the Hudson on 60th, and 10 West End Avenue. Another increasingly stroller-friendly neighborhood: Central Park South. With the Plaza and 110 Central Park South drawing far more local families than the expected foreign buyers, experts say newcomers will be demanding—and getting—family-friendly services. Straddling the two neighborhoods is the Time Warner building at Columbus Circle, which catalyzed the transformation of both areas.
… Coveted amenity
Developers have offered this before, but quite a few more of them are cottoning to the fact that this is just the type of amenity buyers really want—hey, it beats the pet spa!—eliminating endless loops around the block to look for street parking, or hikes in below-zero weather to the neighborhood garage. Some examples: Extell’s the Avery and the Rushmore, 200 West End Avenue, JD Carlisle’s Cielo, the soon-to-be-converted Hit Factory, 111 Central Park North, and the Point in Williamsburg. But the coolest one by far is going to be the roboticized garage at One York in Tribeca, where your car is whisked away by a magic carpet and deposited in its very own cubby.
Monday, September 11, 2006