30 Jan '17, 10am

#CribRater takes a look at the #RealEstate #trends for #luxury #apartment #amenities

#CribRater takes a look at the #RealEstate #trends for #luxury #apartment #amenities

Developers are constantly raising the bar on luxury building amenities to differentiate themselves from competitors. New luxury rental buildings in the large gateway cities (think NYC, LA, SF, etc.) are setting record rents. As a result, they are constantly striving to offer a product and building amenities that will attract a new crop of renters. This July, the average Manhattan rent was $4,068, according to the July Elliman report by Miller Samuel Inc. This implies an average annual household income of $183,060. The Building Amenities at Ten Thousand In Los Angeles, a new 283-unit luxury rental called Ten Thousand, a 40-story tower at 10000 Santa Monica Boulevard where rents will range $8,500 to an eye popping $25,000 per month. Amenities include a wellness studio where on-call doctors can come administer Botox injections. Other perks include a boardroom designated for m...

Full article: http://news.cribrater.com/building-amenities/

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channelnewsasia.com 30 Jan '17, 7am

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