Sex and the single guy: brokers see increase in younger luxury buyers.In a new trend, young single men and women have been gobbling up available penthouse spaces in downtown Manhattan in recent months. "These are primarily guys who work in finance and have done quite well recently, and they are 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. posh apartments with terrific views and outdoor space," explained Brown Harris Stevens broker Jennie Holman, who sold a $2.66 million triplex triplex /tri·plex/ (tri´pleks) triple or threefold. triplex triple or threefold. on 1 Leroy St. to a young single man earlier this year. The vast majority of these deals are first-time purchases in lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North neighborhoods, particularly the West Village, and often the spaces are being gutted and renovated. Financially successful young buyers are attracted to large penthouses for both "status and as an investment," explained Ceejay Rosen, a Brown Harris Stevens broker who recently arranged the sale of a $1.15 million duplex at 808 Broadway to a single man involved in the financial industry. One recent deal that made headlines was the sale of a duplex at 59 W. 12th St. to a Hollywood agent and Creative Artists Agency Creative Artists Agency (CAA) is a talent and literary agency which represents a vast array of actors, musicians, writers, directors, and athletes, as well as a variety of companies and their products. managing partner Bryan Lourd for $4.9 million. The views of the city from the penthouse terrace made this an especially attractive space, noted John Venekamp of Brown Harris Stevens, the broker in the deal. Other penthouse sales that were done by Brown Hams Stevens brokers in 2004 included 169 Hudson St., which was sold to a young single woman for $5.75 million, and 95 Charles Street Charles Street is the name of a north-south street in the city center of Boston, Massachusetts. It begins in the north at Leverett Circle, where it intersects Cambridge Street and Storrow Drive, and gives its name to the Charles/MGH station of the MBTA. in the West Village, which sold for $4.95 million in July. "It's a very tight market in Greenwich Village, but especially for penthouses," said Michael Garr, the broker for 95 Charles St., and the creation of Hudson River Park Hudson River Park is a waterside park on the Hudson River that extends from 59th Street south to Battery Park in the New York City borough of Manhattan. Bicycle and pedestrian paths span the park north to south, opening up the waterfront for recreational use. has significantly increased the area's desirability. |
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