There are two simple reasons. One, it makes money. And two, people just love water. Source: New York Times
Posts published in “Condominiums”
The Wild History of the Real ‘Only Murders’ Building
By Gotham Rex on June 27, 2022
Viewers of the Hulu series know it as the Arconia, but the Upper West Side building has a name — and a dramatic story — of its own. Source: New York Times
A Strong Ending in 2021 for Manhattan’s Luxury Market
By Gotham Rex on December 31, 2021
In the final month of closings, the British racecar driver Lewis Hamilton sold his TriBeCa triplex for $49.5 million. Source: New York Times
Today’s Must-Have Amenity? A Little Green Space.
By Gotham Rex on October 15, 2021
Thanks to the pandemic, there’s a major shift in what New Yorkers consider luxury. Source: New York Times
New Supertalls Test the Limits, as the City Consults an Aging Playbook
By Gotham Rex on October 1, 2021
Only three of New York’s 25 tallest residential buildings — and none of the towers on Billionaires’ Row — have completed building safety tasks required by the city. Source: New York Times
Residents of 432 Park Sue Developers For $125 Million, Citing Defects
By Gotham Rex on September 23, 2021
The condo board at 432 Park Avenue is suing the developers for construction and design defects that have led to floods, faulty elevators, and electrical explosions. Source: New York Times
Condo Fatigue on the Upper West Side
By Gotham Rex on July 20, 2021
Residents and preservationists have tried to stop three new towers, but so far, the developers are winning. Source: New York Times
Old Buildings, New Views
By Gotham Rex on May 7, 2021
Recent renovations around town have uncovered views of Manhattan that had been hiding in plain sight. Source: New York Times
The Next Amenity? Furnished Condos
By Gotham Rex on March 16, 2021
Developers are catering to buyers who want a true move-in experience, with the furniture already in place. Source: New York Times
In February Closings, CNN’s Jeffrey Zucker Sells His Five-Bedroom
By Gotham Rex on March 5, 2021
The co-op apartment on East 64th Street was bought by Michael Steinhardt, the money manager and philanthropist, for $15.4 million. Source: New York Times
Sarah Jessica Parker and Matthew Broderick Help Kick Off the 2021 Market
By Gotham Rex on February 5, 2021
Among the spate of sales downtown last month, Ms. Parker and Mr. Broderick sold their Charles Street townhouse for $15 million. Source: New York Times
The Down Side to Life in a Supertall Tower: Leaks, Creaks, Breaks
By Gotham Rex on February 3, 2021
432 Park, one of the wealthiest addresses in the world, faces some significant design problems, and other luxury high-rises may share its fate. Source: New York Times
The Real Estate Collapse of 2020
By Gotham Rex on December 25, 2020
The pandemic devastated the housing industry this year, but there were a few flickers of life. Source: New York Times
New Luxury Condo Design: Understated
By Gotham Rex on October 19, 2020
Exotic finishes and ever-clubbier amenities in new developments have given way to livability and calming design. Source: New York Times
Real Estate Sales Continue to Stagnate in Manhattan
By Gotham Rex on October 2, 2020
The number of apartments sold in the last three months was down by 46 percent compared to the same period in 2019. Source: New York Times