39 east 29th

If you stick with the existing condos, you may miss out on some of the new amenities. 39 E 29th looks pretty good, location, price and extras. Heard they may be building a 4 star hotel a few doors down.

You are right about the hotel. It will be on the southwest corner of Park Avenue and E 29th Street. It will be called Gansevoort Park. They already have another hotel, Hotel Gansevoort at W 13th and 9th Avenue. This one will be high end with rooms at $500 a night. There will also be a rooftop bar and pool that will be open to nonguests. How will this affect the Twenty9th Park Madison which is only 2 buildings down on the north side? It seems that in the end it will drive the prices up on these condos because this hotel will bring a new vitality to the area. Any thoughts?

don't forget about the hotel breslin, being developed as an Ace Hotel on 29th and Broadway.

http://nymag.com/news/intelligencer/41558/

I think the neighborhood is way overdue for a change.