Observer
May 6, 2015
The Upper West Side has long been seen as the casually dressed, mature, intellectual cousin of its East Side counterpart. With its wide swaths of historic district and greenery on its eastern and western flanks, it has always been a bit removed from the rest of Manhattan. “It’s a sense of community and neighborhood up there that you don’t really find anywhere else in the city,” summed up Jeremy Swillinger, a broker with The Level Group. “A big motivator to go to the Upper West Side is the convenience, especially for having a family. You’ve got the school system, you have the parks, obviously, and then you’ve got the easy commutes on the red and blue line, and all the retail.”
To meet the demand in a neighborhood that’s perennialy been short of resale housing stock, developers have forged ahead both with new projects and rental-to-condo/co-op conversions in historic buildings, creating larger units to meet the demand of buyers, many of them with young families, who aim to stay in the city.
“It really comes down to the macro level of every city: nowadays, younger folks want to stay in the city for longer periods,” noted Mr. Swillinger.
210 West 77th Street
Project: Developed by the Naftali Group, Two Ten West 77th is an 18-story new-build condo comprising 25 luxury residences. Designed by Thomas Juul-Hansen, each three- to five-bedroom unit includes a Smallbone custom-designed kitchen; select residences have private outdoor terraces.
Amenities: Access to the rooftop terrace with an outdoor fireplace, a fitness room, sports court that can be converted into a movie theater and spa, featuring two private steam rooms and a sauna. The building also features 24-hour a doorman/concierge and bicycle storage. Private parking is available for purchase.
Percentage sold: 50 percent sold
Available units: 2,082 square feet for three-bedrooms to 5,973 square feet for the duplex penthouse, $4.65M to $21.5M
For more information: 210west77.com