“New” Developments in NYC: What Are They?

So, What Exactly are “New” Developments in NYC?

“New” real estate developments in NYC are buildings hitting the market currently, in advance, or within the past few years– allowing renters and buyers to invest in a freshly constructed home.

There are a lot of benefits to purchasing new developments in NYC, particularly those in ideal neighborhoods. For example, with updated building codes in place, one can presume their new apartment is exactly up to date on all safety and structure regulations. Buying a unit that’s new to the market indicates less upkeep and less potential problems within the space. Sick and tired of finding out about the roaches and leaky sink after you’ve signed the lease? “New” developments may be for you-(if your bank account allows it.)

There are up and coming projects all over New York City, if you know where to look. From Midtown East to lower Brooklyn–there’s a new-to-the-market masterpiece made for you and yours!

“New” Developments in Manhattan

Here are some new to the market developments in Manhattan. From the upper west to the lower east, there’s an abundance of great choices!

111 Murray Street

111 Murray Street is offering immediate occupancy for its state of the art, brand new condominium tower located in TriBeCa. The building entered the market in 2018, making it “new” in the eyes of New York real estate.

The complex reaches eight hundred feet in height, with one hundred and fifty seven individualized units. From one bedroom apartments to family sized penthouses, there’s a unit for every buyer.

The views alone make it worth your while—with idyllic sights of the Hudson and Manhattan skyline. TriBeCa, home of the new condominium, is a vibrant neighborhood in Lower Manhattan that boasts amazing restaurants, shops, and more.

Typical of “new” developments in New York, or anywhere, modernity is key. The building is built with a slightly curved and sharp appearance–piercing the Manhattan skyline.

There’s tons of amenities, including landscaped gardens and shared lounge spaces. There’s a swimming pool, a concierge, and a doorman- combining safety and fun in one.

If you’re looking for a “new” development in lower Manhattan, 111 Murray Street is a noteworthy pick!

77 Charlton Street

Although 77 Charlton St is currently sold out of rentals, it’s great to keep an eye out for any potential re-sales in this modern and luxurious new development. Located in West Soho, the building is nestled in the center of a lively and growing Manhattan neighborhood. The building has 161 units spanned over 15 stories, built to rent or buy.

As boasted by most “new developments”, 77 Charlton has multiple amenities to attract potential clients. There’s a doorman, state of the art elevator, swimming pool, and laundry within the building. Worried about housing for your furry friends? The building is pet-friendly, so Fido can live in luxury with you!

Built in 2020, this development is only two years old — perfect for those looking for something new to the market.

One Essex Crossing

One Essex Crossing, built in 2021, is a truly new to the market development with tons of modern amenities worth your while. Located in the heart of the lower east side, One Essex Crossing is within walking distance to tons of amazing stores, restaurants, and attractions. It’s the pinnacle of city living, with gorgeous views and stellar access to tons of accommodations in and inside of the building. Built around an elevated garden, nature meets concrete in a perfectly modern mix. There’s a doorman, an elevator, package room, playspace, and more.

With only 83 units available, this “new” development is a total steal. The views span from the East River to One World Trade. The building has direct and private elevator access to the Essex Market and the Market Line for all your food and shopping needs. The brick and terracotta panelling surrounding the outdoor garden make natural light is abundant.

At the moment, there’s fourteen active listings in this luxurious “new” development–perfect for those on the market for modern luxury.

Graydon Chelsea

Built in 2021, Graydon Chelsea is another option for those on the market for “new” developments. Like all modern complexes, there are tons of great amenities available for potential buyers.

Home to just thirty state of the art residences, Graydon Chelsea has all you’d seek in a newly built apartment. There’s a modern design in each unit, hosting wall to ceiling windows with views to die for. There’s a landscaped rooftop for residents, courtyards, terraces, a private gym, and a communal lounge.

Each floor has one to two units, and one to three bedrooms are available throughout. Chelsea is an extremely popular Manhattan neighborhood for buying and renting. Whether you seek rentals new or old (or desire a day out with friends) Chelsea is popular for good reason!

130 William Street

Located in the heart of the financial district, 130 William St is perfect for those looking for a modern, new home.. In fact, this apartment has more amenities listed than any of the others above.

Some include a roof with private cabanas, an infinity pool, an IMAX theater, yoga studio, pet spa, basketball court, and more.

There’s a twenty-four-hour doorman and a concierge desk, making this home feel more and more like a five star hotel. For those looking for something new and revolutionary, this is the perfect place for you.

Arriving on the market in 2020, the complex has 241 units and 66 stories. There are both rentals and sales available throughout.

“New” Developments in Brooklyn

It’s not only in Manhattan where “new” developments are on the rise. Brooklyn has its fair share, with modern amenities perfect for those on the market with money to spend.

Front and York

Located on Jay Street, in the DUMBO neighborhood of Brooklyn, this 2021-built masterpiece is perfect for those on the hunt for modernity. Known for its art scene and heavy gallery presence, DUMBO is a vibrant and electric area. Near the Brooklyn Bridge and its waterfront park, location is key when it comes to this residential complex.

Of course there’s amenities. In “new” developments, the more there are, the better. One hundred feet into the sky, tons of luxurious resources are there at your fingertips. There’s a teen lounge, a screening room, an arcade, children’s play room, and tons of communal kitchen spaces.

Part of its “new” look is totally found in its architectural achievements. Built with the industrial aesthetic of DUMBO in mind, Front and York’s chic and modern finish is as wonderful to look at as it is to reside in. The historic DUMBO neighborhood is also teeming with restaurants, shopping, and nightlife!

Brooklyn Point

Finishing its construction in 2019, Brooklyn Point is a gorgeous and modern take on city living. From studios to three bedrooms, the complex offers options for all on the market. As it’s relatively freshly constructed, each unit is rich with modern appliances such as floor-to-ceiling windows, washers and dryers, quartz countertops, and new stoves, fridges, and more. Brooklyn Point is the only residential building located at Brooklyn’s downtown City Point — another benefit of its “new” development status.

There’s an elevator, doorman, swimming pool, gym and more. Everything is up to code and standard, with modernity in mind.

For those looking for a “new” development in a lively neighborhood, Brooklyn Point is an ideal match.

“New” Developments in the Bronx

276 Grand Concourse

276 Grand Concourse completed its construction in 2022, making it the newest on our list. Located in the Mott Haven section of the Bronx, 276 Grand Concourse combines luxury and convenience within a bustling neighborhood full of shops, restaurants, and more. There’s a skyline roof with outdoor seating and grills, plus a state of the art fitness center, library, and cafe. The building has 12 stories and 215 units with a virtual doorman to keep watch (a feature growing more common in newer developments.)

Located near the green subway lines, the building has convenient access to Manhattan. For those with cars, the complex is close to the Westchester border and the many shops and attractions available just beyond NYC’s doorstep.

Looking for a “new” development in NYC to call home?