New Developments in NYC

New York City has always had great apartments, but the inventory of new developments is amazing right now. In Brooklyn, Dumbo has built up every available square inch, so we're seeing new developments in other areas. For example North 8 in Williamsburg and The Heritage in Park Slope are selling like hotcakes. In Queens, Long Island City is on the verge of explosion with new developments such as Vere and The Star Tower.

In Manhattan, new condo buildings are scattered throughout the city, but are especially concentrated Downtown. For your browsing pleasure, some examples are The Visionaire in Battery Park and The Setai in the financial district.

Many of these condos are comparable as far as materials and fixtures, so the strongest selling points have become the amenities! From screening rooms to pools, from driving ranges to sprawling rooftop decks, and from fitness centers with personal trainers to children's rooms, these new luxury developments are tantamount to vertical resorts, complete with maid and valet services. It's a buyer's market these days, and these buildings are engaged in a contest of amenities.

There are also a handful of luxury buildings that have decided to rent out their apartments until the market will allow them to sell at full price, thereby increasing the inventory of luxury rentals substantially. If you are in the market for luxury living, but do not want to make the commitment of purchasing, there are plenty of rental options available.