Why Pre-War Co-ops Still Have Appeal What Makes Them Unique and How They Are Adjusting to Current Times

Some pre-war co-ops, like the Chatsworth at 344 W. 72nd St., are undergoing renovations that will retain original charm while adding modern amenities (iStock).

High-end residential development has hit New York City over the last five years in ways both shocking and profound. At the far West Side development called Hudson Yards, a new neighborhood is being created that will house thousands. And in Downtown Brooklyn, the skyline has been completely altered with the addition of a dozen or more new high-rise developments.

The glut of rental apartments in these areas is also affecting the market. But despite the rampant development and the modern amenities that often come with it--from children’s playrooms to gyms to roof decks--classic New York City buildings have lasting appeal. That’s because they offer what new developments can’t: history, time-honored charm, and the one amenity that can’t be replicated--age and maturity.

Sturdy and Classic Design

You’ve heard the saying: “They don’t make them like they used to.” When it comes to construction, that’s often true.

The quality of the build out [in pre-war buildings] is always superior in many ways,” says Frances Katzen, an associate broker at Douglas Elliman on Madison Avenue. “[They] are much more durable and the sound attenuation is much better.”

Kathy Murray, an associate broker also with Douglas Elliman on the Upper West Side, agrees.

Read More...

Related Articles

The Old-Fashioned Intercom Is Getting a Makeover

New Technologies Are Enhancing Your Building's Intercom System

The Pokémon Go Craze

Is the Game App Driving Your Co-op or Condo Crazy?

Live Long and Prosper

Life Spans of Building Systems