Passive homes gaining traction in NYC

Passive homes are starting to gain traction in the NYC real estate market with a few projects done and more on the way according to the NYT Sunday real estate section. These homes reduce the loss of energy tremendously by more efficient construction materials including thick insulated walls and double pane windows. They do not have traditional heating and cooling systems but rather use a system that exchanges interior and exterior air.

Rental project at 542 W 153 street called Perch Harlem to be built to Passive House standards.
Rental project at 542 W 153 street called Perch Harlem to be built to Passive House standards.

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272 west 107 street The Strauss Park Condominium

As part of our continuing series of taking a look at buildings in Manhattan, today we turn our attention to the Strauss Park, a 22 story, 64 unit condo on the Upper West side at the corner of 107 street and Broadway. It is comprised mainly of 2 and 3 bedroom apartments with a couple of combination units which are even larger. Originally called the Opus condo when it was first built, the building has a unique rounded edge kind of like the bow of ship.

272 West 107 street The Strauss Park Condo-Entrance on 107 street
272 West 107 street The Strauss Park Condo-Entrance on 107 street

 

The building took it’s name from the small park that is in front of it on Broadway. Riverside Park is also nearby as are tons of restaurants and of course the subway which is on 110st and Broadway just 3 blocks away.

Currently there are two 3 bedroom apartments available both with 2.5 bathrooms. 11D is asking $2.195mm and 10D is asking $2.189mm.

 

 

350 west 42 street NY,NY 10036 The Orion

The Orion condominium has 60 stories and 551 units and was built in 2006. It has a fitness center, lap pool,whilpool,club and screening room, business center, and multiple sundecks. There are currently 24 apartments in the market according to streeteasy.com with 5 of them in contract. They range 800k for a 520 sqft 5th floor studio to $3.5mm for a penthouse apartment. There is a 421a tax abatement which expires in 2008.

Towering over nearby buidlings is the Orion at 42nd st and 9th avenue
Towering over nearby buidlings is the Orion at 42nd st and 9th avenue

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410 Central Park west NY,NY 10025 Building profile

410 Central Park west is a prewar building built in 1929 at the corner of 101 street and CPW. The building itself has a live-in-super, Laundry,Bike room and allows pets and subletting. It is comprised primarily of 1 and 2 bedrooms but there are a couple combination units which are larger. Maintenance is reasonable for the Upper west side. 15B a 2bd/1.5 bath apartment sold about 1.5 years ago and the maintenance was only $1933 according to the listing on Streeteasy.

Plently of windows and exposures in this prewar UWS doorman building.
Plently of windows and exposures in this prewar UWS doorman building.

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Affordable NYC luxury market heats up

200 East 94 street, 52nd and 8, 325 Lex…Several new buildings are catering to an underserved market. With prices for some of these buildings starting in the low’s 700’s or 800’s, Manhattan buyers have a chance to get a foothold in the market and in a building with luxury amenities like pools, roof decks and so on.

361 CPW- 96 street side of church where developer will add more windows. This is a church that will be converted to condos.
361 CPW- 96 street side of church where developer will add more windows. This is a church that will be converted to condos.
According to Streeteasy, this ground up condo has 18 contracts out with 10 available units. $825k to $8.25mm
According to Streeteasy, this ground up condo has 18 contracts out with 10 available units. $825k to $8.25mm

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