Annual NYC New Development Showcase & Forum
WHEN: Thursday, May 12, 2016 from 12:00 PM to 6:00 PM (EDT)
WHERE: Metropolitan Pavilion – 125 West 18th Street, New York, NY 10011
First Look Inside ODA New York’s Luxe Long Island City Rentals
ODA New York’s cantilevering building rising in Long Island City is hitting the rental market this spring but looks into the new building have been limited—until now. The Post got a peek at new renderings of the 175-rental building’s interiors, the first put on display. The studios to three-bedrooms of 222 Jackson will hit the market in April asking from $2,600. Tenants can expect the luxe rental to have the amenities du jour: an attended, triple-height lobby; valet parking; a resident roof deck; and, via a membership, access to the building’s gym, pool, and resident’s lounge.
The renderings also come along with new intel about the apartments, mainly that the rentals will have white oak floors, Blomberg and Bosch kitchen appliances, and some units will have private outdoor space and/or concrete ceilings.
Priciest & Cheapest NYC Neighborhoods for Townhouses
Owning a townhouse in New York City may be the real estate dream for many city livers, but how realistic is that ambition? It all depends on the location you’re after. If you’re one of those who can afford to combine multiple homes into one megamansion, the entirety of the five boroughs is up for grabs; but for the majority of New Yorkers, that’s not likely the case.
But for those who are still chasing that townhouse dream, the numbers were ran on prices during the month of February in more than a dozen Brooklyn and Manhattan neighborhoods, and compiled them into graph which ranks NYC neighborhoods from highest cost per square foot to lowest.
The priciest neighborhoods in each borough are hardly surprising: Greenwich Village comes out on top in Manhattan, with townhouse prices as high as $2,662 per square foot; Brooklyn Heights, of course, takes the no. 1 spot in Kings County (and is fifth on the list overall), with prices reaching $1,516 per square foot. The other top areas are the ones you’d expect: the West Village, the Upper East and West Sides, Brooklyn’s Cobble Hill, and so on.
As for the least expensive, Manhattan’s Hamilton Heights neighborhood offers the best deal for buyers, with homes averaging around $592 per square foot. At $387 per square foot, Brooklyn’s East New York is the cheapest of the neighborhoods that are accounted for, with Mott Haven in the Bronx coming in second to last. Sunset Park and Bed-Stuy are neighborhoods that are currently “on the rise” with average sale prices lower than $600.00 per square foot.
Upper East Side Co-op Asks $780,000, New Kitchen Included
Prewar co-op kitchens are not the stuff of today’s real estate fantasies: they’re notoriously tiny and closed off. Ripping them out is the number-one way to transform a dated space and that’s exactly what the buyers of this one-bedroom Upper East Side apartment did. After they closed for $550,000 in 2011, the buyers began a renovation that brought the apartment a sleek new kitchen that opens it up to the living area. The bathroom also got an aesthetic update, with a glass shower enclosure. Four years later the apartment is back on the market asking $780,000.
Keyless Entry System via Smartphone
Forgetting your keys at home or getting locked out of your apartment will soon be a mundane problem of the past – well, at least if you live in a luxury building. A new keyless entry system is being introduced into a handful of residential buildings across the city, and its success could make riffling through a pesky set of keys totally obsolete, the New York Times reports. Buildings are staring to experiment with apps like Latch and KISI that allow you to control the lock on your door through a smartphone.
While several office buildings and private homes have already experimented with similar mechanisms, real estate developers have been hesitant to install the technology due to the cost and the security factor, but services like Latch offer several comprehensive features that override some of those concerns.
For instance, there won’t be a need for spare keys anymore. The app will produce a unique code that residents can then share with people to access the apartment – baby sitters, delivery persons, and guests who then input it into an electronic key pad located on the lock. And for the purpose of safety, the owner of the home can revoke access whenever they chose as well.
This touch pad also comes enabled with a camera and thus acts as a keyhole, and what’s more – if you lose or forget your phone somewhere you always have the option of inputting a code into the touch pad or using a physical key.
And the features don’t end there – the same device can also be used as a key for various other amenities in the particular building – gym, pool, storage, etc.
Latch was created by Swedish designer Thomas Meyerhoffer. KISI has already been used by several offices and is now moving into residential territory.