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Rental Building News and Offers

The Olcott, #201 (Brown Harris Stevens) The Olcott, #201 (Brown Harris Stevens)
Over the past few months, New Yorkers have watched rents skyrocket from pandemic-era bargains to new highs (Manhattan average of over $5,000/month, anyone?). But as fall officially begins, new rent reports from MNS found that Manhattan rents are starting to plateau, and that outer borough rents dipped slightly over the past month. Moreover, a report cited in The Real Deal mentioned that more landlords offered price cuts or concessions in September than July.

However, as these are coming down from a stratospherically high place and the housing shortage remains as stubborn as ever, renters might not get the relief they had hoped for. Additionally, a new report found that rent growth outpaced wage growth by 23% in August, making it the largest gap since the 2008 recession. This comes at a time when many are worried about another recession and what it will mean for their jobs and finances.

Meanwhile, from September 28 - October 4, 2022, a total of 450 publicly listed rental units experienced price reductions, while 450 listings saw their prices rise. A selection of notable listings may be found below, but they might not be available much longer – these apartments are going fast!

230-East-27th-Street-01 230 East 27th Street, #G (Compass)
From the Listing: True five-bedroom which can also easily be a four-bedroom with the fifth bedroom used as an office or closet/storage space! Corner unit features many windows, brand-new gray hardwood floors, exposed brick, tons of closet space, and an 800-square-foot private garden wrapped outside the apartment. The kitchen has been renovated with new marble countertops, tons of cabinet space, and stainless steel appliances. See floor plan and full details here.

287-Broadway-01 287 Broadway, #6A (The Corcoran Group)
From the Listing: Apartment 6A is a full floor four bedroom, two and one half bathroom residence with ceilings up to 14’. This apartment features a huge living and dining area and open kitchen. The kitchen is finished with and island, a suite of Bertazzoni appliances (gas range, dishwasher, microwave and refrigerator) and custom Scavolini cabinetry with honed black mist granite countertops. The corner primary bedroom easily fits a king-sized bed and has a windowed en suite bathroom and custom finished walk-in closet. See floor plan and full details here.

55-Riverwalk-Place-01 Riverwalk Place, #355 (Rose Associates)
From the Listing: 55 Riverwalk Place at Port Imperial is a dynamic urban community located at the edge of the Hudson River. Just steps from the NY Waterway Ferry Terminal and the NJ Transit Bus Stop, and all within reach of a feast of attractions, such as world-class restaurants and vibrant shopping venues. Beautiful tree-lined boulevards lead to a spectacular fountain and a magnificent backdrop of the Manhattan skyline! See floor plan and full details here.

76-West-86th-Street-01 76 West 86th Street, #2A (Citysites)
From the Listing: This gut-renovated 3-bedroom, 2-bath has everything, including in-unit washer/dryer. Open windowed kitchen features top-of-the-line stainless steel appliances including microwave and dishwasher. Additional features include a large primary bedroom with en-suite marble bath, two additional large bedrooms plus second marble bath, and all with more closets than you can fill. See floor plan and full details here.

328-East-30th-Street-01 328 East 30th Street, #1 (Compass)
From the Listing: This beautifully designed convertible four-bedroom has two full bathrooms. A massive triplex that is entangled with prewar charm intertwined with pristine modern finishes. This home boasts high ceilings, wood burning fireplaces. Off the laundry room in the basement you’ll discover a capacious studio previously used as a gym. Gaze out the parlor floor to an immaculate private garden with a custom built deck and gazebo. See floor plan and full details here.

241-Lafayette-Street-01 241 Lafayette Street, #4 (Compass)
From the Listing: Rarely does one find a sprawling, authentic full floor loft with open exposures on 3 sides, saturating it with east, west and northern light. Newly painted and with 10’ ceilings, new energy efficient whisper-quiet 3 zone Mitsubishi mini-split AC/heat system, fantastic proportions and a separate laundry room also add to the uniqueness of this lovely home. Arrive via a key lock elevator to this 2,100-square-foot loft with a huge corner entertaining space anchored by four west-facing extra tall hinged picture windows. One small dog is permitted. See floor plan and full details here.

12-West-85th-Street-01 12 West 85th Street, #PH (Bond New York)
From the Listing: Brand new gut renovated penthouse apartment! This floor-through unit features high ceilings, recessed lighting, stainless steel appliances including dishwasher and all day sun. You have your own washer and dryer in the unit and a private rooftop terrace with views of Central Park. See floor plan and full details here.

48-Saint-Nicholas-Avenue-01 48 Saint Nicholas Avenue, #1B (The Corcoran Group)
From the Listing: The renovation has just been completed. You’ll find two bedrooms upstairs with plenty of closets, a stainless steel kitchen with dishwasher and new appliances, plenty of light and a basement level that has tons of space and an extra half bathroom. There is central a/c throughout the apartment and laundry in the building with bike storage. See floor plan and full details here.

525-West-27th-Street-01 Jardim, #3S (Compass)
From the Listing: Residence 3S is a meticulously conceived 2-bedroom, 2.5-bathroom residence comprising 2,011 interior and 222 exterior square feet offers an attention to detail rarely found in any new development. The private direct entry elevator opens to a glass walled gallery overlooking the High Line. The 28’6" x 15’4" living room, punctuated by a set of sliding glass walls that open to the inviting terrace, creating a truly seamless indoor/outdoor living space. In the bedroom wing, a spacious primary suite offers two walk-in closets and a spa-like primary bath with double vanity and sumptuous slab marble clad wet room with free standing tub. See floor plan and full details here.

150-Eagle-Street-01 150 Eagle Street, #6A (MNS)
From the Listing: Introducing 150 Eagle Street, a stunning luxury building with thoughtfully designed studios, 1,2 and 3 bedroom residences in Greenpoint. This neighborhood offers breathtaking waterfront views and an array of eclectic and renowned eateries at your fingertips. Enjoy state of the art kitchens featuring stainless steel appliances, large windows with an abundance of natural light, dishwasher and hardwood flooring throughout. Net rent advertised with half a month free on a 10-month lease. See floor plan and full details here.

135-East-54th-Street-01 The Lex 54 Condominium, #14G (Douglas Elliman)
From the Listing: This approximately 510-square-foot home has panoramic unobstructed city views through oversized windows. The long foyer allows for additional privacy and space for wall art. This loft-like home has high ceilings and recently refinished hardwood floors. The kitchen window allows for great ventilation, includes high-end appliances and tons of counterspace. This quiet home has ample storage including two walk-In closets with a shelfed Elfa closet. The closet space is similar to having four closets in a studio home. See floor plan and full details here.

27-West-72nd-Street-01 The Olcott, #201 (Brown Harris Stevens)
From the Listing: This over 3,000-square-foot, three to four-bedroom home combines the best part of townhouse living with the amenities of a park block condominium. A large gallery provides a grand entrance to the entertaining area. The corner living room is a perfect square with tranquil tree-lined views and views to Central Park! The better than new expansive chef’s kitchen has stone counters, and stainless steel appliances including a wall oven with warming drawer, range with vented hood, Sub-Zero wine fridge, garbage disposal, custom cabinets, and a breakfast bar that is open to the dining room with direct access to the terrace. See floor plan and full details here.

15-Hubert-Street-01 15 Hubert Street, #4B (Compass)
From the Listing: Welcome home to this FULLY FURNISHED turnkey, Tribeca designer apartment with an element of true modern beauty. This home boasts 2,300 square feet, offers exceptional light and premium finishes. The grand foyer leads to a sprawling living room with oversized windows throughout. The open chef’s kitchen features solid-slab marble countertops, rift-sawn white oak cabinetry, and a premium appliance package. The large primary bedroom has a contemporary vibe and features two walk-in closets with a dressing area. See floor plan and full details here.

605-West-42nd-Street-01 Sky, #PH5S (Official)
From the Listing: With some of the most unique views on the Hudson, loft style living is set above the city with over 2,400 square feet of space set across two very large bedrooms and three and a half bathrooms. The largest actual unit in the entire building! Views for days, but what makes this opportunity really special is the entertaining space, modern finishes and one of a kind amenities within the building. Invite family and friends over to sit by the fireplace and watch the cruise ships set sail into the sunset over the Hudson. See floor plan and full details here.

116-West-14th-Street-01 116 West 14th Street, #4 (Douglas Elliman)
From the Listing: Double elevators open directly into this 4,100-square-foot 4-bedroom, 3.5-bathroom full floor condo loft with 10’ ceilings throughout. Step off the elevator into a dedicated entryway, leading through giant pocket doors into an oversized great room perfect for entertaining multitudes of guests. The exceptional great room features stunning columns, highlighting the thoughtful architectural design. The gorgeous dining area, directly adjacent to the open chef’s kitchen, is perfect for hosting dinner parties or family gatherings. See floor plan and full details here.

2053-Frederick-Douglass-Boulevard-01 2053 Frederick Douglass Boulevard, #2F (Vertical Real Estate)
From the Listing: With central park at your doorstep, enter into this sprawling gut renovated two bedroom ideally located a block from the subway and Central Park and adjacent to a CitiBike station. The apartment has a stainless steel chef's kitchen complete with a dishwasher and microwave and there is also a washer/dryer. See floor plan and full details here.

175-East-Broadway-01 Forward Building, #4D (Compass)
From the Listing: This sun-filled 24 hour doorman 3-bedroom/2-bath loft, with 11’8" ceilings, wraps the southeast corner of the sought after Forward Condominium. The south-facing 27’x 20’ living room has three extra tall and wide windows, an attractive wall of built-in shelves with a desk, and a substantial dining area. At the latter end of this great room is the renovated open chef’s kitchen with Miele and Sub-Zero appliances and an abundance of cabinet and counter space. See floor plan and full details here.

111-West-113th-Street-01 The Lantern, #2B (Brown Harris Stevens)
From the Listing: Located in a terrific Harlem location, only three blocks from Central Park, this elevator building has video intercom, a virtual doorman, a laundry room, a roof terrace, and a charming rear garden, which this apartment overlooks. The high-end stainless steel kitchen is loaded with cabinets. The apartment has recessed lighting throughout, and (real!) central/forced air heat and air conditioning. The interior doors are of a high quality. See floor plan and full details here.

155-East-38th-Street-01 The 155 Condominium, #20B (Maz Group NY)
From the Listing: This sun-drenched king-size 1-bedroom, 775 square-foot apartment in the heart of Murray Hill is located on the 20th floor with open views. The space features an extra-large living room with crown molding, in wall air conditioning and a full wall of windows facing west, enjoying beautiful midday light, gorgeous sunsets and iconic Empire State building views. The king-sized bedroom features hardwood floors and boasts a generous California closet. See floor plan and full details here.

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