New Developments: Digging Deeper, Building UP
I’d like to highlight something today that I've found encouraging in the Upper West Side: a unique product - a classic 1929 Rosario Candela rental being converted into a handsome condominium with all of the appeal of New York pre-war architecture. In a city that to my eyes is becoming somewhat overwhelmed by similar product - soaring glass high-rises - 360 CPW is a very welcome addition to our housing stock. (View Listing)
The blocks around this gem on West 96th Street have seen dramatic changes in recent years. This section of the Upper West Side is easily accessible by the 1, 2, 3, B, and C trains, with convenient cross-town bus service on the M96. The neighborhood is home to lots of coveted pre-war architecture, and Upper West Siders often pride themselves on the neighborhood’s abundant Landmarks Preservation status. A certain level of historical conservatism has prevented the type of (upward) urban sprawl that provides many fine East Side penthouses with unobstructed views of their neighbors' living rooms.
While this conservatism has sometimes made for slow progress in the Upper West Side, it has also made for more meaningful interior improvements like the recent transformation of 360 Central Park West.
The owners of this classic pre-War building have gracefully maintained its elegant exterior while converting much of the building (former rental units) into modern condominiums that combine the amenities of a brand new glass-and-steel tower with the dignity and class of a traditional Central Park West address.
Another juicy UWS renovation to look at is the former New York Cancer Hospital at 105th Street and Central Park West, which now houses castle-like condominiums with Central Park views and amenities such as an indoor lap pool, a fitness center, and a parking garage. This new listing is special indeed: its residents will feel as if they are living in a truly grand scale home redolent of a European estate. (Link)
Just north of West 96th Street on Columbus Avenue, for instance, a new development called Columbus Square has revitalized the neighborhood with modern condominiums and gentrified shopping including a Whole Foods anchor store, Michael’s, and my favorite store for discount decor: Home Goods.
As a real estate broker, it is my passion and privilege to seek out these places for my clients to balance their desires, needs, and budget. New York City’s real estate market is rife with outdated, pre-conceived notions about different neighborhoods that create opportunities for me to lead savvy buyers to worthwhile long-term investments. This part of the Upper West Side is definitely a great investment, and a wonderful place to call home.
Take a look at my current listings to see what I have available. Be sure to check back on my website regularly for updates and new content, and you can also sign up for my bi-weekly newsletter with all the latest. You can follow me on Twitter @mikelubin and also on Instagram @mikelubinnyc