New York City penthouses - those crowning apartments that are synonymous with glamorous metropolitan living and dramatic views. Today, for many buyers, they are literally and figuratively, the apex of real estate.
Until the 1920s, when elevators finally became common features in apartment buildings, the top floors were the least-desirable places to live. These were the attics and garrets, home to nurseries, servants, starving artists, pigeons and the terminally strapped for cash. It took a while for some developers to appreciate the aesthetic and financial advantages afforded by penthouses.
While you can find pricey penthouses in other cities, including Las Vegas, Chicago and Los Angeles, Manhattan is still penthouse central. They have cachet, but they are more than status symbols. The top-floor apartments often come with spectacular views, great light, outdoor space and unique layouts. Located just below or sometimes on top of the roof, it's possible to have wood-burning fireplaces, skylights and higher ceilings.
Contact Patricia Levy to discuss your New York City Real Estate objectives.
