The Sought After New
York Manhattan Real Estate Condo Projects |
New York Manhattan
condo developments have forever changed the way
architects design. Pushing the limits on modern
architectural structures, the glitz and glamour
surrounding the New York Manhattan real estate condo
projects are well deserved. From impressive exterior
facades to cantilevered floors and from expansive
roof top decks to impeccable condominium interiors,
the New York Manhattan condo real estate projects
are superior, luxurious and well designed for modern
urban living. |
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A
Quick Preview of the New York Manhattan Condo Market
Although the third largest of New York City boroughs,
Manhattan New York condo real estate is the most
pricey and sought after property in the entire NYC
district. Stemming from the lack of space, the 1.6
million people who make New York Manhattan home
are crowded into the most densely packed borough
in NYC. Because of this, the New York Manhattan
real estate market place features the largest number
of NYC high-rise condo tower residences of any borough
and is also the financial hub of the city and of
the US as a whole. From being home to some of the
world’s largest corporations to the United
Nations in addition to Central Park and Madison
Square Garden, there are many districts within the
New York Manhattan real estate market place that
are very prestigious, expensive let alone very luxurious.
With the most recent NYC housing upturn, property
developers have focused more on the high-end brownstones
and townhomes in the luxury New York Manhattan property
market, but there have also been a large number
of luxurious high-rise Manhattan condo tower projects
underway in this borough, many of which are taller
than thirty stories. Because of its close proximity
to Wall Street and many corporate headquarters,
thousands of New Yorkers make Manhattan condos their
home. Being close to work is important, as many
New York Manhattan home owners and renters can simply
walk to work and back home, without having to own
or take a car out into the busy streets. In addition,
the New York Manhattan real estate district is well
connected through the underground metro, in addition
to the many highways, freeways and bridges that
connect Manhattan real estate to Brooklyn and beyond. |
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Manhattan Neighborhoods
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What
Is So Special About the New Manhattan Condo Developments?
From The William Beaver to The Visionaire, the New
York Manhattan condo developments are featured in
many publications, advertisements and marketing
sites. As some of the tallest and most prestigious
condominium developments, these New York Manhattan
condo projects certainly deserve all the awards
and praise for their architectural excellence, built
GREEN LEED certification environmentally friendly
design, impressive and spacious interiors and views,
and as one of the wealthiest areas in all of the
US, the Manhattan real estate market seems to head
upwards every year despite what goes on in the outside
world. With one of the highest personal income per
capita in the United Sates at just over $100,000,
the new Manhattan condo developments in New York
City real estate certainly have enough homebuyers
to support such a skewed and unaffordable marketplace,
but the stunning condominium projects, interiors
and exterior facades of these new Manhattan New
York high-rise condos are certainly worth a look.
Being the cultural, financial and commercial center
of NYC, the Manhattan condo real estate community
is home to some of the largest radio, TV, telecommunications,
news, magazine, publishing, tourist attractions,
museums, sports teams and tourist landmark destinations
in the United States, making it one of the busiest
districts to work and play. With any new Manhattan
condo development, developers have to realize that
these well paid professionals want more than just
a home to live in. The typical Manhattan condo purchaser
is willing to pay for such amenities such as 24
hour concierge service, doorman, security on site,
parking and personal storage. In addition, many
of these new presale New York Manhattan condo developments
also feature luxury lifestyle amenities such as
swimming pools, saunas, hot tubs, pool decks, roof
top decks, lounge spaces, catering, fitness centers,
professional training, yoga, pilates, and much more
in the comforts of their own home. Some new Manhattan
condominium projects even go as far as on site Spa
Treatment rooms with professional massages, pedicures,
manicures and other services at your beck and call.
All in all, there is no marketplace such as the
New York Manhattan real estate market that has designed
and developed some of the world’s leading
edge architectural landmark condo high-rises that
present five star resort amenities. As of the 2000
census, the Manhattan condo market features a wide
range of both private and public housing options
for residents in New York City. There were almost
eight hundred thousand (800,000) units available
in the Manhattan New York real estate borough. What’s
most interesting is that most of these older Manhattan
condominium buildings were rentals or condos for
rent, versus the majority of the new New York Manhattan
condo projects are owner occupied buildings. Currently,
less than 1/5 of all Manhattan residents live in
owner occupied condominium buildings, making it
the second lowest in all of the US, just behind
it’s neighbor, the Bronx NYC. |
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The
Manhattan Real Estate Forecast Is Good and Getting
Better
The future of new Manhattan condos for sale is bright,
with many condominium high-rise towers now completing.
New Yorkers looking for great real estate bargains
are in luck, as many of the Manhattan penthouse
condos have been marked down by as much as 25 to
50% off the original sales price two years ago.
In addition, many of the simplex apartments and
even duplex split level New York Manhattan condos
are also dropping in price to somewhat affordable
pricing. However, with the stabilization of the
economy, New York Manhattan property will again
be the most sought after real estate in the world,
making any investment into a new high-rise condo
or home a good one. The New York Condo BUZZ features
some of the greatest and most affordable Manhattan
condo real estate developments that have just been
recently completed or are still in construction
phase. Whether you are looking for luxurious townhomes
or duplex penthouses or even affordable Manhattan
New York condos for sale, right now is the perfect
time to purchase a ground level condominium opportunity
at the lowest prices seen in this market place in
quite some time. With the economy strengthening
and with the global financial crisis coming to an
end, Wall Street and New York Manhattan real estate
market will certainly rebound with a spike and upturn
in property values much like a couple of decades
ago. With all time low interest rates in addition
to new Manhattan condo price reductions in spectacular
New York high-rise condo developments right now,
investors as well as homebuyers can get absolutely
new, never been lived in, spacious condominiums
at a fraction of the price from two years ago. Taking
advantage of such offers are weighing on many New
Yorkers who feel like the bottom is near and the
interest rates are likely to go up, so get in on
the action, act and purchase a new Manhattan condo
for sale in the New York real estate market today
at reduced prices, as they won’t last much
longer. |
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The
Impressive Manhattan Architecture and Landmark Buildings
When one looks at a New York City skyline image,
it’s probably going to be one of the Manhattan
sky line. With some of the most iconic New York
building architecture such as the Chrysler Building
and the Empire State Building, Manhattan real estate
skyline is full of landmark buildings that are now
tourist destinations. The former New York World
Trade Center twin towers were also in the Manhattan
district. In addition, the NYC Manhattan condo real
estate community features such iconic landmarks
as the New York World Building on Park Row, the
Brooklyn Bridge, Park Row Building, Madison Avenue,
40 Wall Street, Times Square and the Hearst Tower.
During the early to mid 1990s, the number of new
New York Manhattan condo projects starting up came
to a peak, but with inflation, many middle class
workers were forced from Manhattan because of skyrocketing
rents. With this outflux of population, an influx
of well educated and high earning foreigners and
out of state americans began flooding into the Manhattan
real estate market place, many of whom were in their
late 20s and thirties. With the new influx of a
younger population, developers have seized the opportunity
to revitalize many of the New York Manhattan real
estate neighborhoods such as Greenwich Village,
TriBeCa, Alphabet City and SoHo in addition to relatively
historic communities such as the Lower East Side
and Midtown. |
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TV
and Movies Based in Manhattan New York Real Estate:
Friends, Seinfield, CSI: NY, NYPD Blue, Will &
Grace, Miracle on 34th Street, Eyes Wide Shut, Home
Alone 2: Lost in New York, Cloverfield, Sex and
the City, spin City, Law & Order, and Ghostbusters
to name a few.
Most Notable New
York Manhattan Condo Districts: Upper East
Side, Chinatown, TriBeCa, Harlem, SoHo, Greenwich
Valley, Lower East Side, East Village, Chelsea,
Alphabet City, Washington Heights, Upper West Side,
Midtown Manhattan, Financial District, Fifth Avenue;
New York Manhattan real estate communities also
divided into Lower, Midtown and Upper Manhattan
districts.
Sports Teams:
New York Rangers, New York Liberty, New York Knicks,
New York Jets
Media Based in Manhattan
New York: New York Times, New York Daily
News, New York Post in addition to The Wall Street
Journal, AM New York and The Villager, New York
Amsterdam News the Village Voice in addition to
ABC, FOX, CBS, MSNBC, NBC, Fox News, MTV, HBO and
Comedy Central.
Manhattan Condo Transportation:
serviced extensively by the New York City Subway
lines. |
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Manhattan Condo
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