Satisfying your lifestyle the rental way.According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the 2005 Housing and Vacancy report for New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , nearly one third of all renters in the city pay over half their income for rent, with the totaling median gross rent running at $920 a month. Yet, according to some of the city's most exclusive brokers, there's no shortage of takers for some of the most expensive rentals in the market. Glenwood, one of New York's premier developer, owner and managers of luxury rentals, just announced that one of its top-of-the-line apartments at The Bristol, at 300 East 56th Street, an exclusive four-bedroom, five-bathroom, is now available for leasing. The price tag? $26,000-a-month. "The Bristol is one of Glenwood's premier luxury rental buildings in Midtown mid·town n. A central portion of a city, between uptown and downtown. midtown Noun US & Canad the centre of a town ," said Gary Jacob, executive vice president, of Glenwood. "The $26,000-a-month rental offers outstanding views in a spacious, luxury home environment. Furthermore, it is centrally located in Midtown and is steps from some of the city's greatest restaurants and cultural attractions." And location, location, location Location, Location, Location is a popular Channel 4 property programme, presented by Kirstie Allsopp and Phil Spencer. The reality show follows two real estate experts as they try to find the perfect home for a different set of buyers each week. It first aired in May 2001. is exactly what high-end renters are willing to pay for, according to Lawrence Lee, project manager and closing director with Prudential Douglas Elliman's Ilan Bracha Group. "You pay for the address. And views are very high in demand. People are always willing to pay for good views," said Lee, who added that most of these elite renters usually work in the entertainment, finance and fashion industries. Indeed, Cocoran's Michael Horne just recently showed a swanky swank·y adj. swank·i·er, swank·i·est Swank. swank i·ly adv.swank $20,000 a month TriBeca loft to Cameron Diaz, Jim Carrey “James Carrey” redirects here. For the murder conspirator, see James Carey. James Eugene Carrey (born January 17, 1962) is a Canadian actor and comedian. and Hilary Swank. The three celebs had been due to film a new movie together in the city but, when the movie deal fell through, so did the rental. Not that Horne is worried about finding a new client. "It's really a beautiful space," he said. "John Stewart John Stewart may be:
Along with the spectacular views, such pricey digs usually come complete with a host of services and amenities that include fireplaces, wine coolers, pool, spa, 24-7 doorman, garage, spa, laundry and, of course, a terrace from which to admire your view. But while movie stars and singers can boost the cache of a building, not every owner is looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. such a high-profile tenant. According to C.B. Whyte, senior vice president at Stribling Associates, "These high end rentals can take some time to move because you're looking for a very specific renter; one who will respect your property. Owners are looking for high quality people who are not necessarily celebrities. You want someone low profile, quiet money." Lawrence Lee is about to close on just such a deal. The renter presented him with a certified check A written order made by a depositor to a bank to pay a certain sum to the person designated—the payee—which is marked by the bank as "accepted" or "certified," thereby unconditionally promising that the bank will pay the order upon its for a whole year's rent on a $20,000 a month unit. The client was looking for a city base to use when he's in town on business, a scenario that's also typical among this group, according to Whyte, who is currently listing a $40,000 a month penthouse on East 87th Street. "Usually, these renters are people in transition. They vary from people who are just not sure that they want to relocate to New York and don't want to be committed if they only plan to stay a year or two." And just because it's temporary, it doesn't mean it has to be basic. DKJ DKJ Dewan Kesenian Jakarta (Indonesia) Residential's JoAnn Schwimmer just closed on a $30,000 a month deal with a couple with three children. It was the local school, in the PS6 District, that swung the deal. "To the renter, it was important for his family to be comfortable They've put their family out and they want to make the transition as smooth a possible. "They could also pay a little more in rent because they weren't having to pay for a private school." John Parsegian, midtown senior vice president with Halstead, agrees many of today's high-end renters are folks who need flexibility in their lives. "They don't want to purchase knowing their career is going to take them someplace some·place adv. & n. Somewhere: "I didn't care where I was from so long as it was someplace else" Garrison Keillor. See Usage Note at everyplace. else, so renting is more appropriate than buying because there's no worry about what to do with it after their term is finished," said Parsegian, who is listing a Dream Loft on Fifth Avenue at Union Square on his books for $35,000 a month. "Most of these renters have permanent homes elsewhere. Others are used to living in a brownstone brownstone, red to brown variety of sandstone. Its unusual color is caused in some instances by the presence of red iron oxide which acts as a cement, binding the sand grains together. and they want to try out a loft, for example, before they buy one. "And obviously," he added, "They are people who can afford to satisfy their lifestyle." |
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