In the Neighborhood: Battery Park City
Dec. 2
Battery Park’s New ‘Destination’ Status
This past summer, the WSJ described the developmental changes taking place in Battery Park City—that western-most part of Manhattan lying side by side downtown TriBeCa. The area’s growing amenities, including concentrated luxury shopping centers like Brookfield Place and protected parks like Kowsky and Rockefeller, are attracting residential buyers keen on benefiting from upscale amenities right at their doorstep.
Home to the World Trade Center, businesses are quickly taking up free leasing space. High-end grocery markets like Le District and restaurants like Parm have been cropping up. Rental buildings like River & Warren have responded to overwhelming demand for the area and converted to condos. Residential inventory is so limited that one quoted Corcoran Group broker testified to bidding wars becoming more commonplace for the area.
The divided acreage between greenery and development, according to Battery Park City Authority president Shari Hyman, “has been about balance.” Buyers value this area as having a little bit of everything— a place to live and a place to work.
Photo via Watson International
Introducing: 30 West Street, 2C
Ideally located 1 bedroom residence in Millennium Tower:
Prime Battery Park City location close to Bowling Green 4,5 express train and 1,2,3 trains on Rector Place! This 1 bedroom, 1.5 bathroom apartment is located in a 35 story, pet friendly building.
As you enter this building, the foyer/reception area emits a grand atmosphere, constructed by the same developer as the Ritz-Carlton hotel next door. A building of the 21st century with LEED Gold certification keeps utility costs low. Its solar rooftop, and advanced mechanical and rooftop water cachet system, are all designed to save energy, as well as reduce building expenses.
This sun-filled 1 bedroom home at the Millennium Tower features high-end finishes, floor to ceiling windows, hardwood floors, and front facing views of Little West Street. The state of the art kitchen boasts Sub-Zero, Miele, and Viking appliances, granite countertops, and a wine chiller. The bedroom has plush white rug and the bathroom has an enclosed standup shower.
There is a 24-hour concierge, 1,500 square foot fitness room, bicycle storage, playroom, and valet parking.
Priced at $1,350,000.
For enquiries, please contact Antonia Watson of Watson International at the Corcoran Group.
Stormproofing Battery Park
Mayor de Blasio has offered an estimated $100 million fund to spend on flood protection for lower Manhattan.
His administration is said to favor proposals that provide the region with additional parkland, in addition to raising elevation levels and adding flood walls. Starchitect Bjarke Ingels has also proposed a “Big U,” a 10-mile protective ribbon that continues from West 57th Street to Battery Park and north to east of 42nd street, according to design boom.
Hurricane Sandy affected an estimated $18 billion dollars worth of land and property.