How high is up?
Started by 30yrs_RE_20_in_REO
almost 2 years ago
Posts: 9876
Member since: Mar 2009
Discussion about
This should be interesting: Over $500/SF asking rents . https://erinboissonaries.com/maison-hudson
I obviously don’t understand who would pay these ridiculous rental prices but at least some of the selling point is you have all these amazing amenities at your disposal and you never actually have to leave your apartment. This is great if you’re staying near Newark airport but I would think you would want to actually go outside and explore one of the greatest cities on earth? aren’t there a zillion Michelin starred restaurants, Pilates studios, fancy gyms in manhattan, all within walking distance of this location? I just don’t get it but I then again I’m definitely not the people they are marketing to.
I think the idea for the place is as an extended-stay hotel. $1000-$1500/night isn’t really strange for hotel rooms at this size/quality, but usually you don’t have to book in increments of 30 days.
Also unclear why they’re selling the PH as part of the concept:
https://streeteasy.com/building/maison-hudson/penthouse?id=1694074&model=sale&showcase=1
Let's check in on the price chopping at 100 Vandam's 6 figure monthly rental:
https://streeteasy.com/building/100-vandam/ph
inonada,
Buy that and you all all but guaranteed to be outvoted on just about every decision regarding the building. I have the same issue with a lot of new projects where the Condominium section of buildings doesn't hold the majority interest in the building like 21 India Street, 9 DeKalb Street, and a certain project Bklndent refuses to admit has built in structural (financial not physical) issues.
Or, for a bit less, but similar services, you could own something at the Pierre: https://streeteasy.com/building/the-pierre/512
(Or the Carlyle, or any number of other traditional places -- sort of amazing to see that idea coming back in style.)
Yes, but does the Pierre give you free macaroons from the possibly affiliated Maison Kayser?
Reminds of the croissants at the downtown Setai.
Though since the building did lose the name, I wonder if the croissants dont taste as good
I think that to offer "...personalized services that will exceed all expectations" may be over promising, given my particular expectations about personalized services. On further browsing, the list at the bottom of the page is disappointingly circumscribed.
My best wishes to them in their efforts to separate a lot of money from a lot of clients.
Aaron LOL. I remember showing a high-end Chelsea rental about ten years ago -- the kind of place where you would have Courtney Love as a neighbor -- and the sizzle then was that someone would run to the local fashionable neighborhood juice place and restock your "juice refrigerator" every day. And I remember thinking, "do rich people really have that much trouble getting breakfast?"
I mean at a certain level, personal assistants are just... around.
And also, depending on what one does to make money, there's other staff. For example, none of my clients who are on TV on the regular are going to let a rando (even one hired by a high-end-boutique-discreet-catering-to-the-global-rich-hotel-type-living experience-place) touch their hair.
I kind of wonder if the developer of this building, before committing millions of dollars to this project, spent money having an appropriate professional engage in a survey of what actual potential users of such a building would want to see in such a project, or they simply asked some (insert 4 or 5 ridiculous superlatives) Broker what features they needed, and with the usual hubris that agent thought they could just wing it.
For anyone who has stayed at RH Guesthouse how do you think the 2 compare?