Moving photographs of families in matching Polo button-down, abstract post-modern sculptures painted in rust orange and caramel frappuccino beige, and sleek bookshelves with encyclopedias and New York Time’s best sellers line the glass walls. Yorkies bark at the housekeepers, who are ironing personally deigned suits and dresses that will likely not be warn again. The views of the city are expansive, and the minimalist décor is tucked safely inside, 1,000 feet above the sidewalks and $11,950 per square foot beyond the reach of the average New Yorker.
In New York City, the general trend seems to be thinner and taller. Heals are taller; the Paleo, Park Avenue, Hydroxycut, and Raw Food diets are increasingly popular; jeans are skinner; and slender skyscrapers tower higher and higher. The buildings of New York will follow this trend and continue to grow. New York is very fast passed. Development and innovation are necessary for continued success. Although many areas are being gentrified, Manhattan’s landscape is developed.
There are very few, if any real-estate properties left untouched. Now, the innovations must take place vertically, as they cannot take place horizontally. The real-estate space left in New York is the air space. As the government is increasing placing stricter regulations on air space, architects and developers must get creative. Tall, slim skyscrapers, allow for a sleek appearance, that accommodates the standards set by the city. For instance, the Trump Towers are gigantic, slim structures that house the elite of the city. At the time it was built, in 2001, Trump Tower was the tallest residential building in the city. The trend continues today with One Madison in 2013, and 50 U.N. Plaza in 2014.
The buildings require great investment, and select developers can afford it. This has created a real-estate monopoly. The exhibit shows a penthouse selling for upwards of $70,000,000. But do not fear, the 1% is here! As extravagant as the prices and spaces may be, there is a market for them. The assurance that New Yorkers will rush to high-rises overlooking Central Park gives developers confidence to continue building. The business is high investments, but the profits are immense.
The trend of real-estate development in New York will continue, as it most always has, towards the bigger the better. The slimness of the buildings gives modern flare, complies with NYC building codes, and perhaps suggests exclusiveness. While there will inevitably be new choices and innovations in architecture, to accommodate limited space and desire for superfluity the ultra luxury, ultra high rise, ultra thin, ultra affluent apartments will continue to rise along Manhattan, and then into Brooklyn and Queens.
