Rentals continue to be popular during this era of insecurity about the economy and high down payments for apartment purchases. "Luxury renters these days are looking for more amenities and a higher 'condo-level' of finish," said Scott Harris, associate broker with Brown Harris Stevens. "And there is just not that much inventory available - either to buy or to rent."
A loft-like feel is the appeal of 419 West 55th Street between Ninth and Tenth Avenues, where a fourth-floor, 1,242-square-foot one-bedroom with home office, tall windows, open living space, Poggenpohl cabinetry and washer/dryer is renting for $6, 995. "A downtown lifestyle in midtown Manhattan in this case means very high ceilings and oversize windows," said Dorothy Somekh, associate broker with Halstead Property. "You have extra wide rooms here, beautiful floors, and all the finishes you would have in a high-rise condo: countertops, high-end appliances and an upgraded tile bathroom. It's an unusual offering for the area, and you don't have to renovate at all."
Thursday, September 12, 2013