Some Of The Best NYC Developments for a Pied-à-Terre Investment
According to Uncast, the migration rate to Manhattan in 2021 is two times higher than it was in 2019, after reporting over 100,000 people leaving the city in 2020.
With many companies now requiring a presence in the office, it’s no wonder more are returning, though now on the hunt for a new home after either selling their apartments to upgrade to larger homes in the suburbs or not opting to renew when their leases were up at the onset of the pandemic.
For those looking to keep their suburban homes, while having a place in Manhattan to revert back to after a Tuesday-Thursday work schedule, we’ve rounded up studio residences on the market that serve as the perfect pied-a-terre, in close proximity to major office hubs.
The hotel residence brand that specializes in weekly and monthly stays in the perfect option for those who are looking for flexible, turnkey living accommodations that are both short and long term. Centrally located in Manhattan, AKA has locations in Central Park, Sutton Place and Times Square, all in walking distance to Midtown offices. In-suite amenities include thoughtfully designed, fully equipped kitchens and wet bars, luxurious king-size bed, office desk and chairs and more.
Credit: AKA
The latest development to launch to the vibrant Lower East Side is thoughtfully designed by ODA New York with a robust amenities package and floorplans with private outdoor spaces. The building has a 460-square-foot studio ideal for secondary home, featuring spacious walk-in closet and a flexible living room layout delivering views of the neighborhood. This residence features 8-inch European Oak flooring, ceiling heights of up to 9 feet, a full Miele appliance package, and oversized windows providing exceptional natural light. With access to the J train, residents have an easy 20-minute commute to Wall Street.
Credit: Katherine Marks
5 Pointz is a two-tower luxury development located in Long Island City. The towers feature over 90,000 square feet of indoor and outdoor amenities including an all-season sky lounge, an 8,000 square foot fitness center, all-season pool and sauna, onsite parking and more. Unit 2715 is a beautiful studio apartment with a spacious bathroom and a washer and dryer in-unit.
Credit: Ben Fitchett
Located in the heart of Hell’s Kitchen, Bloom on Forty Fifth places residents within easy reach to the Theater District, Times Square and Midtown West. With intelligently designed residences and a thoughtfully curated collection of amenities, this full-service residential condominium creates the ideal atmosphere for people with active professional lives.
As the tallest building in New York’s outer boroughs, the Hill West-designed Skyline Tower’s studio apartments in Long Island City offer unbeatable views with chic interiors by the esteemed New York design firm Whitehall Interiors. The record-breaking building is in a quiet neighborhood, yet also just 10 minutes via train or ferry from midtown Manhattan for an effortless commute to work. Plus, an entrance to the Court Square subway station without even leaving the building is in the works—perfect for those cold New York winters. Sales and marketing for Skyline Tower is being handled exclusively by Modern Spaces.
Credit: Binyan Studios
Located in the heart of Hell’s Kitchen and a quick-minute from Manhattan’s Theatre District, 525 is the perfect home-away-from-home option for workers coming back to the city. The luxury development offers residents exclusive programming by LIVunLtd, among other amenities including multiple work from home spaces, a fitness center and yoga studio, a rooftop sundeck and lounge, a sports lounge and billiards, a library curated by the Strand Book Store, pet care center and the like.
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