Category Archives: NYC Properties

Incentivizing Luxury Real Estate Buyers

Just some time ago, luxury real estate was an attractive investment for wealthy foreigners, especially when they could buy anonymously on an all-cash basis, but that has since changed with the establishment of tougher regulations. Now developers have been forced to get creative to make luxury property listings more appealing to buyers by introducing some out-of-this-world perks. For example, the Atelier condo building penthouse is said to be the most expensive in NYC at $85 million and comes with a million dollar yacht and two Rolls-Royce Phantoms. The yacht and cars are currently owned by River 2 River Realty’s Daniel Neiditch, but he intends to sign them over when a purchase is finished.

Another luxury home listing in Bal Harbour, Miami developed by Oren Alexander comes with a 1948 Jaguar XK120 and possibly a 55 ft VanDutch yacht. Some developers are including five-star restaurants as perks for residents such as is the case with the 96-story 432 Park Avenue building in NYC. The resident-only restaurant will be under the acclaimed chef Shaun Hergatt. The same is happening with upcoming developments like the Paraiso Bay and One Park Grove in Miami where local restaurateur Michel Schwartz will create beach clubs and restaurants for residents. Other impressive incentives include; a backyard waterslide, a resident shuttle service by Tesla, designer furniture, candy walls, and art galleries.

If you intend to get luxury real estate in New York, TOWN Residential is one realty firm that provides all the necessary assistance for luxury real estate. With all the selections available, it can be hard to pick the right property, but TOWN Residential has a team of experienced professionals who will prove quite helpful. The New York-based real estate firm has been operating for several years and has a pulse in all the posh areas of the city from Fifth Avenue to Upper West Side to Gramercy.

Helmed by Andrew Heiberger, the firm has put together an impressive listing of luxury real estate that caters to a range of needs and budgets. You can also get help picking an ideal neighborhood. Whether you are looking for a family home or want to invest, leasing or buying, TOWN Residential offers talented people to work with.