Owning a slice of the Big Apple is not only about kudos and having an opportunity to hobnob with an equally wealthy group of chums, of course. Manhattan was one of the few housing markets in the world where residential property prices did not crash following the credit crunch in 2008, and that certainly seals its reputation as a blue-chip property investment.
As a glimpse Manhattan property will always be like the perfect piece of New York’s cheese that worth to look by domestic and foreign property investor. For your best interest here are 6 most luxurious residential worth to own.
432 Park Avenue
The newly completed 425-metre residential tower was designed by Uruguayan starchitect Rafael Viñoly. Residents of its 104 apartments have access to 30,000 square feet of amenities, including outdoor terraces with views of 57th Street. Prices start at US$16.95 million for half-floor apartments and US$82.5 million for full-floor penthouses. knightfrank.com
100 East 53rd Street
Foster + Partners’ slender, minimalist design is intended to complement the bulkier and darker Seagram Building next door. The Chinese developer Vanke has joined forces with US developers Hines and RFR Holdings to build the 63-storey residential tower, which is scheduled for completion in 2017. Prices for its 94 apartments start at US$3.35 million. compass.com
Baccarat Hotel & Residences
With interiors designed by Tony Ingrao and exteriors by Skidmore Owings & Merrill, the Fifth Avenue landmark resembles the jeweller’s glittering merchandise. Prices for its 60 residences start at US$5.15 million for a 1,167sqft, one-bedroom apartment. Residents have access to the facilities of the hotel downstairs. knightfrank.com
This 320-metre tower above the Museum of Modern Art on West 53rd Street will also accommodate three new gallery levels and provide museum memberships to residents when completed in 2018. Its 139 residences include duplex penthouses with private lifts. Residents’ amenities include a pool, theatre, library and wine vault. Prices range from US$3 million to more than US$70 million. savills.com
This penthouse on the edge of Central Park at 157 West 57th Street is close to Carnegie Hall, the Museum of Modern Art and other city landmarks. Covering half a floor, the 4,193sqft apartment offers expansive views over the city. Designed for entertaining, the three bedroom property has a gourmet kitchen and 132-bottle wine cooler. Guide price: US$27.5 million. sothebysrealty.com
The Sherry- Netherland
Occupying a full floor of the art deco-era Sherry-Netherland hotel and apartment building at 781 Fifth Avenue, this 9,000sqft “uptown loft” has views of Central Park. The five-bedroom home features an 18-metre gallery leading to its wine cellar. The hotel’s 5-star amenities include a Harry Cipriani restaurant. knightfrank.com
(Text by Richard Warren; Photo by Michael Mundy)