The pyramid shaped building named Via at 625 West 57th street is the luxury rental building located on West 57th street near the West side highway and is designed by Bjarke Ingels. Construction is progressing as per the photos taken today. 709 units in total and of that 142 affordable apartments starting at $565 for a studio! It is expected that there will be over 100,000 applications for the affordable apartments. No information has been released yet for the market rate rentals.
The newspapers and online blogs mostly cover the ultra luxury market and their supposed glut or balanced inventory depending on which report you believe. However, the starter apartment market is very low on inventory right now and there isn’t any relief in site. The only exception is apartments with very high carrying charges. Typically, first time buyers are more concerned with monthly payments than the more affluent neighbors. Continue reading Starter apartments in Manhattan low inventory
Harlem Bespoke reported earlier that there are over 1300 signatures on a petition to save the Renny which is a theater located near the landmarked Striver’s Row in Harlem. Earlier this year, the building was sold for $10 mm to a developer who has plans to demolish it and put up a new building which will also be titled the Renny.
According to historian Michael Henry Adams, the developer could save the building. I believe that it’s worth the effort. I think we need to preserve Harlem’s and NYC’s landmarks. New architecture can be at times beautiful but what makes Harlem attractive is the beautifully preserved townhouses and also architecture that you find throughout the neighborhood. What do you think?
Harlem Bespoke coverage
Story from NY Daily News
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