The pandemic-fueled luxury real estate boom shows no signs of slowing down. While supply chain woes continue to cause uncertainty for builder timelines, there are a handful of notable new developments that will be hitting the market this year to help satiate buyer demand. From a supertall Brooklyn condominium tower to luxury second homes in the Riviera Maya, Mexico, here are five launches to look out for this year.
The Cortland, New York
Robert A.M. Stern Architects continues to add to the New York skyline with this West Chelsea development across from Hudson River Park. Developed by Related Companies, the building features a hand-laid brick façade that is meant to pay homage to the neighborhood’s industrial heritage, along with a motor court and elegant arched entrance.
Olson Kundig crafted the interiors of the 144 condominiums—which range from studios up to five-bedrooms—with sophisticated details like marble fireplaces in the bedrooms, built-in bar cabinets in kitchen islands, and cove ceilings in the open living-dining room. Sales are expected to launch in the first quarter, and pricing is available upon request.
The crunch. The bubble. The squeeze. Whatever you want to call the current housing climate, the good news is that more concrete and steel boxes are hitting the market soon.
The phrase "porte-cochere" comes from the French phrase "carriage porch," and throughout New York, several of the buildings that have these covered entrances or driveways date back to a prewar era when carriages were the main means of conveyance.
Cars have long since displaced horses as the dominant means of conveyance, but port-cocheres have become a key feature in New York’s luxury buildings.
