The Global Wellness Institute recently reported that the U.S. wellness market has surpassed $2 trillion. In New York City, every new residential building competes to offer the most enticing amenities. But what if those amenities could actually save you money?
We analyzed the value of amenities at four new development buildings: The Treadwell, Williamsburg Wharf, One Park Point, and The Dupont. For each, we selected the top five amenities and compared them to equivalent offerings in their respective neighborhoods.
We analyzed the value of amenities at four new development buildings: The Treadwell, Williamsburg Wharf, One Park Point, and The Dupont. For each, we selected the top five amenities and compared them to equivalent offerings in their respective neighborhoods.
While we aimed for a fair comparison, better deals may exist. And, to maintain consistency, we assumed residents would engage in activities like meditation, skating, or swimming two to three times per week—perhaps not entirely realistic, but an ideal benchmark.
In this article:
The results? The annual value of included amenities ranged from $8,940 to an astonishing $22,200 per year! That completely exceeded our expectations.
Check out our breakdown below to see which building came out on top…
249 East 62nd Street
Developed by Zeckendorf Development
Design by INC Architecture & Design
28 stories | 66 units
8 availabilities from $2.47M
The state-of-the-art fitness center at The Treadwell
Yoga and meditation room at The Treadwell (Brown Harris Stevens)
The Treadwell is a collection of elegantly designed homes and a range of amenities that cater to all aspects of life. The Art Deco-inspired design created by INC Architecture & Design is situated on a picturesque street adjacent to the revered Treadwell Farm Historic District on the Upper East Side. Amenities include a lushly landscaped courtyard, club lounge, meeting rooms, a well-manicured meditation garden and a fitness center showcasing cardio, agility, and strength equipment. Residents also receive a complimentary one-year membership to concierge medicine group Sollis Health.
How much The Treadwell’s equivalent amenities would cost in the surrounding neighborhood?
The Treadwell, #6C (Brown Harris Stevens Development Marketing LLC)
482 Kent Avenue
Developed by The Naftali Group
Design by Brandon Haw Architecture
22 stories | 89 condo units
8 availabilities from $1.15M
The first two of five towers of the Williamsburg Wharf plan (Credit: Hayes Davidson)
Williamsburg Wharf offers studio through two-bedroom luxury apartments with breathtaking East River and Manhattan skyline views and 20,000 square foot club of private indoor and outdoor amenities.. A landscaped porte-cochere leading to a 24-hour attended lobby sets the tone for the building, which offers a coworking lounge, social lounge with dining room and kitchenette, and outdoor terrace. Additionally, the Williamsburg Wharf Resort and Recreation Club offers a state-of-the-art fitness center, a basketball court, a game room, and a rooftop terrace with a seasonal ice skating rink.
How much would Williamsburg Wharf's equivalent amenities cost in the surrounding neighborhood?
One Williamsburg Wharf, #PHB (Serhant)
11 Ocean Parkway
Developed by JEMB Realty
Design by FXCollaborative
13 stories | 375 rental units
9 availabilities from $3,185/month
"Located at an entrance to Brooklyn’s Prospect Park in Windsor Terrace, 1 Park Point redefines the hybrid building model with a mix of ground-floor retail, event spaces, landscaped gardens, and residential units, including affordable housing seamlessly integrated throughout.
The nearly 400,000-square-foot project takes full advantage of its irregular site, framing the grand curve of Machate Circle with bold masonry details and a façade that invites activity and engagement along the Coney Island Avenue retail corridor. The design not only strengthens community cohesion but also underscores the potential for architecture to solve real-world issues like equitable housing access and urban activation." — 1 Park Point development team
The nearly 400,000-square-foot project takes full advantage of its irregular site, framing the grand curve of Machate Circle with bold masonry details and a façade that invites activity and engagement along the Coney Island Avenue retail corridor. The design not only strengthens community cohesion but also underscores the potential for architecture to solve real-world issues like equitable housing access and urban activation." — 1 Park Point development team
How much would 1 Park Point's equivalent amenities cost in the surrounding neighborhood?
One Park Point, #PH103
$8,143/month (Net Rent Advertised)
Windsor Terrace | Rental | 2 Bedrooms, 2 Baths
One Park Point, #PH103 (MNS)
16 Dupont Street
Developed by Park Tower Group and Rockefeller Group
Design by FXCollaborative
41 stories | 381 rental units
6 availabilities from $3,700/month + 1.5 months free on an 18-month lease
The Dupont with the Midtown skyline
The Dupont is a 40-story high-rise on the Greenpoint waterfront at 16 Dupont Street. All 381 studio to three-bedroom apartments feature oversized windows, hardwood floors, high-end finishes, central air conditioning, and in-unit laundry. Amenities include a fitness center, outdoor pool, business center, lounge, game room, children's playroom, pet spa, and terrace.
How much The Dupont’s equivalent amenities would cost in the surrounding neighborhood?
And there you have it—a well-amenitized condo or rental building could save you at least $10,000 a year by keeping your workouts, coworking, and lounging in-house instead of paying for equivalent services around the neighborhood. In this case, The Dupont in Greenpoint takes the crown, thanks to its rooftop pool and expansive coworking space. Stick strictly to building amenities, and you could pocket over $20,000 annually.
Of course, part of the magic of NYC is mingling with neighbors, supporting local businesses, and encountering the occasional oddball on the street. But on those days when you’re short on time — or don’t feel like facing the elements — these types of amenity-laden buildings make it easy to stay in without missing out.
Of course, part of the magic of NYC is mingling with neighbors, supporting local businesses, and encountering the occasional oddball on the street. But on those days when you’re short on time — or don’t feel like facing the elements — these types of amenity-laden buildings make it easy to stay in without missing out.
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Contributing Writer
Michelle Sinclair Colman
Michelle writes children's books and also writes articles about architecture, design and real estate. Those two passions came together in Michelle's first children's book, "Urban Babies Wear Black." Michelle has a Master's degree in Sociology from the University of Minnesota and a Master's degree in the Cities Program from the London School of Economics.
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