Dream Big In The Big Apple — New York Residential Property Outlook
Seaport Residences and 208 Delancey Manhattan offer top-notch waterfront living propositions to attract potential investors or homebuyers.
With prices on the rise, now might be the time to purchase the waterfront property in the Big Apple that you’ve always dreamt of. New York City is home to some of the best waterfront buildings in the US. The multiple islands that make up the city offer attractive high-rise living with extensive views of the Hudson River, East River, New York Harbour, and the Atlantic Ocean. In total, the city has more miles of waterfront than Boston, Los Angeles, Miami, and San Francisco combined.
Property prices are on the rise in the Big Apple, according to the Elliman Report: Q2 2021. Median sales prices of co-ops and condominiums in Manhattan are up 13 per cent year-on-year. This was the highest median sales price in eight quarters and the sixth highest in 32 years. Like much of the US, it doesn’t look like the house prices are quieting in New York City anytime soon. However, unlike many other waterfront destinations, you’re not choosing a home along the water here because you want to go to the beach or use your boat. So, how do you choose the right property?
Well, it’s likely to come down to the neighbourhood, price, building, and whether the condominium feels like home. Here’s a selection of some of the best waterfront properties in the city that offer expansive views and luxurious living in the bustling city.
Seaport Residences — Manhattan
Located along the banks of the East River is the 60-storey tall Seaport Residences project. Its shimmering custom glass exterior reflects the blues from the sky and river below. Hill West Architects designed this highly sought-after building, and it’s all about the views. On its 30th floor is also a swimming pool and spa with hydrotherapy facilities that are connected to the Sky Terrace and relaxation lounge via a misted passageway. The Sky Terrace houses the fitness centre and all the yoga, spin, and training studios. Its floor-to-ceiling windows provide a breathtaking 360-degree view of NYC, and there is even a partnership with FitLore that provides residents with a wellness portfolio that includes on-call training sessions to in-home chefs. You’re likely to be in the best shape of your life whilst living at Seaport Residences.
A bit further down the building, on the sixth floor, another fitness facility and a children’s playroom await. Groves & Co. designed each residence to enable residents to really take in the views with expansive triple-paned glass walls and ceilings that are up to eleven-foot high. Corner units also feature harbourside terraces, perfect for taking in the sights on warmer nights.
Inside, the open-plan kitchen is perfect for entertaining. Top-of-the-line appliances by Gaggenau are every budding chef’s dream, while the upper door Calacatta Gold inlays, illuminated Calacatta Gold marble backsplash, and concealed pulls look incredible. Groves & Co. designed custom millwork and hardware for each of the bedrooms, adding to the overall ambience of the residences. The bathrooms continue the natural feel with a walnut-slatted shower wall, tub deck, and custom walnut vanity and mirror. Limestone and satin nickel can also be found throughout the bathroom, two materials that boast luxury at every corner.
Prices start from US$1.22 million
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208 Delancey Manhattan
If you’re looking for a home with excellent transport connections and views of the famous Williamsburg Bridge, 208 Delancey on the Lower East Side of Manhattan will be right up your alley. Besides gorgeous views of the landmark, residents will also have incredible views of the East River and city skyline.
The building is just as stunning. Its curved exterior is a sight to behold, and the generous use of glass and balconies offer a sense of airiness that’s not often found in a congested city. That feeling continues through the building’s many interior spaces, thanks to designers ODA New York.
Residents have access to the Rooftop Terrace and a landscaped private garden. This is perfect for both entertaining and enjoying some quiet outdoor time. Inside, there’s the Resident’s Lounge, and a state-of-the-art gym, which opens up to an excellent outdoor Meditation Terrace that’s perfect for everything from yoga to tai chi.
The way the indoors and outdoors blend effortlessly within the building’s design continues in each of the individual residences. Homes have an open-plan layout and a light colour palette that complements the natural light that flows through each room. The quality of materials within the living spaces is second to none. Kitchens come equipped with Miele appliances and marble countertops, backsplashes, and island waterfalls. Meanwhile, the bathrooms feature beautiful marble and custom wood throughout.
Prices start from US$625K
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