In New York’s Newest Developments, Outdoor Spaces Come at a Premium

Mansion Global

By Rebecca Bratburd
Sept. 20, 2022

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Even as people return to the cities, Manhattan’s condominium sales remain slightly sluggish even while rent prices soar

Citing rising interest rates, luxury buyers appear hesitant to buy into off-plan developments, which tend to carry fairly more risk compared to built properties. However, as Mansion Global recently reported, that’s when some of the best prices and concessions can be scored.

Still, New York developers continue to entice prospective buyers with showstopping design and generous amenities.

Thomas Juul-Hansen Design expands its portfolio with two posh, Scandinavian-inspired buildings on our list. Conversely, the projects completed by Woods Bagot, Workshop/ADP and Roger Ferris + Partners camouflage into their surroundings.

While some are bulking up on amenities like lounges, gyms and wellness perks, others are opting for curated partnerships with nearby businesses, such as luxury fitness clubs. In-house concierge services promise to make life more convenient by squaring away dinner, theater and car-service reservations.

Read on for a peek of Manhattan’s newest selection of luxury condos on the market this fall.

The Matteo, 323 East 79th St., Yorkville, Upper East Side

Renderings: Redundant Pixel

This boutique high-rise, on 79th Street between First and Second avenues, features open and airy full-floor residences, each with coveted, private outdoor space. The sophisticated brick facade and interiors with marble, millwork and herringbone oak floors point to an elegant experience. Further proof exists in the private elevator landings, which double as mudrooms to store apparatus for everyday city living. Residents will have additional storage in the building’s basement.

“Especially when you think about the family demographic of the Upper East Side, we made ample space for stroller parking, scooter parking and bike parking,” said Bianca D’Alessio, the real estate broker who’s leading the development’s sales.

Sales are launching this October, and occupancy is expected in spring 2023.

Source: https://www.mansionglobal.com/articles/in-new-yorks-newest-developments-outdoor-spaces-come-at-a-premium-01663672691


Bianca D'Alessio Bianca D'Alessio
Licensed Associate Real Estate Broker