200 West’s Views are Grand, But Oh the Prices!
by Avi - April 16, 2010 at 9:30 am -
How much is it worth to you to live an elevator ride away from Trader Joe’s in the newest glassy addition to the Upper West Side at 72nd Street and Broadway? Curbed took a tour of the rental units at 200 West, dubbed “The Corner”, and got a little intel, as well as some pretty pictures.
The most expensive new unit apparently will set you back $20,000. It’s got 3 bedrooms, 2.5 bathrooms and a great view (it had better!). For a standard one-bedroom, you’ll likely pay between $4,500 and $7,000 depending on size, Curbed says. And the “cheapest” apartment is a $3,000 418-square-foot studio.
There are 196 units with 47 different floor plans, and tons of fancy fixtures — like $1,000 faucets and custom door-knockers.
Given how much people will be paying for rent in the new building, it’s nice to know that they can go downstairs to the new Trader Joe’s starting this fall and buy some wine for under $5. As we reported, Trader Joe’s is expected to open in late September or October.
Lots of developers in the neighborhood are now offering luxury rental apartments at complexes like The Ashley, at West End Avenue and 63rd Street, and Columbus Square, off of Columbus between 97th and 100th Streets. There’s quite a bit of competition for “The Corner”. It’s also kind of amazing that people will be willing to rent for $10,000 and up when prices to buy in the market have dropped considerably.
But people are apparently willing to fork over serious cash to rent in this neighborhood, even if they don’t get to experience the joy of living in a lovely, asbestos-ridden pre-war apartment. The first two buildings in Columbus Square (which eventually will have 5) are already 80% rented out, The Real Deal recently reported.
(photos by Will Femia via Curbed)