CityRealty Insider > New Developments in the News

New Developments in the News

JULY 20, 2009

The market may be looking up for the city's commercial real estate, and the West side makes room for two new condo towers.

A report issued by brokerage company Cushman & Wakefield claims that the worst may be behind us as far as commercial markets go. They also predicted some reversal in the trend toward declining commercial rents and increased availability.

Cassa NY at 70 west 45th street has finished its rise to 43 stories. The mixed-use tower will contain a hotel and residential condos with a 24-hour concierge, room service, full housekeeping, child care and other hotel-related amenties available to residents. The building will also feature its own restaurant in addition to a rear garden and a lounge and terrace on the 8th floor.

Plans have been filed for an 18 story condo at 2150 Broadway at 76th Street. The new residence will be known as the Laureate as befits its Upper West Side location near Zabar's, the Beacon Theater and other neighborhood treasures.

ALSO IN NEW YORK CITY INSIDER

© 2024 CityRealty.com, LLC Powered by Leadkit Terms of Use Privacy Policy Site Map

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}