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IYT Market Update

Luxury Close to Home


As many of you know, I recently moved to Gramercy. While my building is 50+ years old, everywhere around me are cranes, construction crews, and the promise of bigger and better. Last weekend, I toured several of these new buildings around my neighborhood and there is truly something for everyone's taste:

  • Gramercy Square is a massive development made up of four buildings between E. 19th and E. 20th Streets just off of 3rd Avenue with every amenity imaginable in the sublevel and manicured pathways and greenspace creating an enclave from the street. Each of the four buildings has a different look inside -- an existing prewar building was revamped with a more traditional look in keeping with the style of the building while the tower next door has oversized windows and more modern finishes.

  • 200 E. 21st is my immediate neighbor and boasts many green features as well as floor to ceiling windows. The finishes here also skew more traditional.

  • 121 E. 22nd Street is the most eye-catching building architecturally with its angled corner which resembled shards of glass. This is the first residential building in NYC designed by world-renowned architectural firm OMA, founded by Rem Koolhaas. Many of the units have terraces and all features an ultra-modern black and white design.

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