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Would love any experience renting at this building. I see there is still construction ongoing on the ground floor and maybe for a school, but rentals seem to be increasing although it is difficult to tell how many apartments are actually occupied (I walk past it all the time).
Any thoughts on renting, the building (e.g., noise) and ability to negotiate terms of the lease? Thanks in advance
Asking if someone else has been able to negotiate lease terms will just make you feel like a loser when you cant. Better to just try yourself. Be a man.
I know people who live there and they love it. Good luck negotiating the days. I'm sure you can see there are not that many apartments available and the rents are high here, look it up on Streeteasy
It's a beautiful building in a prime west side location. This would be the last spot I would expect to see discounting. Last time I believe it occurred in this building was when they opened and it was 100% empty at a time the market was weak. You'd be better off attempting to bargain hunt at a slightly older less prime location. I would try "The Regent". It's run by Glenwood, but is not their newest west side property. You might also try 180 Riverside Blvd run by Equity Residential, but think Glenwood is a better property manager on several levels.
Amazing what some people consider "prime". It's not even on the right side of the avenue, and it's one of the few places on the UWS that's far from a park.
Peoples perception and the market realities are often polar opposites.
I recall when the American Red Cross stood here...
This was the only new rental building to be built on the UWS until "The Corner".
There really is nothing like it in the area when you truly look at the design.
It's a sleek glass tower where "the Corner" is a new glass facade as well, but the design is built similar to existing architecture in the area.
While not on the "Upper East Side" side of Amsterdam and as such, right near all the kids coming out of the schools, it is a unique property.
With the vacancy rates where they are city wide, it being 100% full and as such, only vacating tenants units are coming on the market (READ:Increased rents from the "incentive" market when originally leased) and the amount of people serial dating, rather than marrying property in this city (renting vs buying), good luck on trying to negotiate ANYTHING during this time of year.
For the record, I showed my friend a studio there when they first opened, it was around $2600 with a month free rent or OP (no fee). Net effective made it $2400...
Currently on the market, unit 16D for $3200.
You can almost get a one bedroom across the street for that, but would have to pay a fee (GASP!!!) as those buildings all pretty much laugh at many know it all renters without a broker.
For what it's worth, some would argue that the Regent is a more prime location due to it's Whole Foods as well as Columbus Circle proximity Riversider...but then again, there's a Trader Joe's under "The Corner" now so it's the same difference at the end of the day.
Isn't this an 80/20? Stay away.