This Upper West Side address denotes a prominent residential building situated along the Hudson River. Completed in 2016, the structure offers luxury apartments with amenities such as a swimming pool, fitness center, and children’s playroom. Its modern design and prime location contribute to its desirability among residents seeking a sophisticated urban lifestyle.
The building’s riverfront position provides stunning views and convenient access to Riverside Park. Its proximity to cultural institutions like Lincoln Center and the American Museum of Natural History further enhances its appeal. The development represents a significant addition to the neighborhood’s evolving architectural landscape and contributes to the ongoing revitalization of the waterfront area.
Further exploration of this address will cover topics including specific architectural features, neighborhood demographics, nearby transportation options, and the impact of the building on the local community.
1. Luxury Residential Building
The classification of the structure at this address as a “luxury residential building” significantly impacts its market position and resident profile. This designation reflects not only the high-end construction and finishes but also the comprehensive array of amenities and services offered. Such features typically include concierge service, fitness centers, swimming pools, children’s play areas, and meticulously landscaped common spaces. The presence of these amenities contributes to a premium pricing structure, attracting affluent individuals and families seeking a sophisticated lifestyle. This address exemplifies this trend, offering residents river views, proximity to cultural venues, and a highly desirable location in one of Manhattan’s most sought-after neighborhoods. Comparable buildings in the area, such as The Aldyn and 1 West End Avenue, share similar characteristics, demonstrating the growing demand for luxury living on the Upper West Side.
The impact of this classification extends beyond individual residents. The presence of luxury residential buildings can influence property values in the surrounding area and contribute to the overall economic landscape of the neighborhood. Furthermore, these developments often attract upscale retail and dining establishments, further enhancing the area’s appeal. The influx of affluent residents can also lead to increased investment in local infrastructure and community resources. However, the development of luxury housing can also raise concerns about affordability and potential displacement of existing residents, highlighting the complex interplay between luxury development and urban dynamics.
Understanding the implications of the “luxury residential building” designation for this specific address provides valuable insight into the evolving real estate market in Manhattan. It underscores the factors driving demand for high-end properties and the broader consequences of such developments for neighborhoods and communities. Examining the interplay between luxury living, urban development, and socioeconomic factors is crucial for a comprehensive analysis of the city’s changing landscape.
2. Upper West Side Location
The Upper West Side location significantly defines the character and value of the property at this particular address. This neighborhood, known for its elegant pre-war buildings, tree-lined streets, and cultural institutions, provides a distinct context. Its proximity to Central Park, Lincoln Center, and the American Museum of Natural History offers residents convenient access to recreational and cultural opportunities. This contributes to the area’s desirability and influences the property’s market value. The Upper West Side’s reputation for excellent schools also plays a crucial role in attracting families to the area, further increasing demand for residences in this neighborhood. This specific location benefits from these established neighborhood attributes, enhancing its appeal to potential residents.
The address’s position within the Upper West Side, specifically along Riverside Drive, further enhances its exclusivity. Riverside Drive, a scenic boulevard overlooking the Hudson River, offers stunning views and a tranquil atmosphere. The presence of notable architectural landmarks and historic buildings along this thoroughfare reinforces the area’s prestigious image. The areas well-established transportation infrastructure, including subway lines and bus routes, provides convenient access to other parts of Manhattan and beyond. These factors contribute to the high demand for properties along Riverside Drive, further solidifying the addresss value within the Upper West Side real estate market. The presence of upscale restaurants and boutiques in the immediate vicinity further complements the luxurious lifestyle associated with this address.
In summary, the Upper West Side location forms an integral part of this address’s identity. The neighborhood’s cultural richness, convenient transportation, and established reputation combine to create a highly desirable living environment. The address’s specific position on Riverside Drive further enhances its appeal, contributing to its premium market value. Understanding the significance of this location within the broader context of the Upper West Side provides valuable insights into the dynamics of Manhattan’s luxury real estate market.
3. Hudson River Views
The Hudson River views offered by 155 Riverside Drive represent a significant feature contributing to the property’s desirability and market value. These views are not merely an aesthetic addition but a key element shaping the living experience within the building. Understanding the various facets of these views provides valuable insight into the property’s appeal within the competitive Manhattan real estate landscape.
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Visual Appeal and Aesthetic Value
The unobstructed vistas of the Hudson River and the surrounding cityscape create a visually appealing environment that enhances the living experience. The ever-changing light and the dynamic nature of the river contribute to a sense of tranquility and connection to the natural world, despite the urban setting. This visual appeal translates into a premium value for residences offering such views, as demonstrated by comparable properties along the waterfront.
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Impact on Interior Design and Living Spaces
The presence of prominent river views influences interior design choices and the utilization of living spaces. Large windows and open floor plans are often employed to maximize the visual connection to the river, creating bright and airy interiors. The orientation of apartments within the building is carefully planned to optimize these views, further emphasizing their importance in shaping the residential experience. This architectural consideration adds to the overall desirability of the property.
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Connection to Nature and Outdoor Recreation
The Hudson River views foster a sense of connection to nature and outdoor recreation. The proximity to Riverside Park South, easily accessible from the building, provides opportunities for residents to engage with the waterfront environment. This connection to nature offers a respite from the urban environment, enhancing the quality of life for residents and contributing to the property’s appeal.
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Investment Value and Market Differentiation
Hudson River views are a significant factor influencing property values in Manhattan. Properties offering such views often command premium prices compared to similar properties without direct river access. This feature differentiates 155 Riverside Drive within the luxury residential market, contributing to its competitive edge and long-term investment potential. The scarcity of properties with unobstructed river views further reinforces their value.
The Hudson River views associated with 155 Riverside Drive are more than just a picturesque backdrop; they are an integral part of the property’s identity and value proposition. These views contribute significantly to the building’s appeal within the luxury residential market, influencing design choices, lifestyle considerations, and investment potential. The integration of the natural environment with urban living enhances the desirability of this address in the competitive Manhattan real estate landscape.
4. Modern Architecture
The architectural design of 155 Riverside Drive exemplifies modern principles, significantly impacting its aesthetic appeal and functionality. The building’s sleek lines, expansive glass facades, and minimalist ornamentation contrast with the more ornate pre-war architecture prevalent in the surrounding neighborhood. This modern aesthetic contributes to the building’s distinct identity within the Upper West Side landscape. The emphasis on clean geometric forms and the integration of natural light through large windows reflect key tenets of modern architectural philosophy. The choice of materials, such as concrete, steel, and glass, further reinforces the building’s modern character. Similar examples of modern architecture in the city, such as One57 and 432 Park Avenue, demonstrate the growing trend of this style in luxury residential developments. The impact of this architectural style extends beyond mere aesthetics, influencing the building’s functionality and relationship with its surroundings.
The modern design of 155 Riverside Drive facilitates the integration of sustainable building practices. The large windows maximize natural light, reducing the need for artificial illumination, while the building’s orientation optimizes energy efficiency. The incorporation of green spaces and rooftop gardens further contributes to the building’s environmental performance. This focus on sustainability aligns with the broader trend of environmentally conscious design in contemporary architecture. The practical implications of this design approach include reduced operating costs for residents and a lower environmental footprint. The building’s modern architecture thus serves not only an aesthetic purpose but also a functional one, contributing to its long-term value and appeal.
In summary, the modern architecture of 155 Riverside Drive is a defining feature that distinguishes it within the Upper West Side’s architectural landscape. The building’s design reflects contemporary architectural principles while incorporating sustainable building practices. This approach results in a visually striking structure that also offers practical benefits in terms of functionality, energy efficiency, and environmental responsibility. The building serves as a notable example of how modern architecture can successfully integrate with existing urban environments while contributing to the evolution of a neighborhood’s architectural character.
5. Developed by Extell
Extell Development Company’s role as the developer of 155 Riverside Drive is crucial to understanding the building’s characteristics and market positioning. Extell, known for its luxury residential projects in Manhattan, has shaped the property’s design, amenities, and overall branding. Examining Extell’s involvement provides insight into the development process and the strategic decisions that have influenced the building’s prominence in the luxury real estate market.
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Luxury Development Focus
Extell’s focus on high-end residential developments is evident in 155 Riverside Drive. The company’s portfolio includes prominent luxury buildings such as One57 and Central Park Tower, demonstrating a consistent commitment to upscale projects. This specialization in luxury development informs the building’s design choices, amenity offerings, and target demographic, shaping its identity as a premium residential address.
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Influence on Design and Amenities
Extell’s influence on the building’s design and amenities is substantial. The company often collaborates with renowned architects and designers to create visually striking and functionally sophisticated buildings. At 155 Riverside Drive, this translates into the modern architecture, high-end finishes, and comprehensive amenity package, including a swimming pool, fitness center, and children’s playroom. These choices reflect Extell’s brand identity and contribute to the property’s market appeal.
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Marketing and Branding Strategy
Extell’s marketing and branding strategy plays a key role in positioning its developments within the luxury real estate market. The company often emphasizes exclusivity, prime locations, and high-end amenities in its marketing campaigns. This approach creates a perception of prestige and desirability, attracting affluent buyers and investors. This branding strategy is evident in the marketing materials for 155 Riverside Drive, highlighting its riverfront location, architectural design, and luxurious amenities.
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Impact on the Local Real Estate Market
Extell’s large-scale developments often have a significant impact on the local real estate market. The company’s projects can influence property values in surrounding areas and contribute to the overall development of neighborhoods. The construction and completion of 155 Riverside Drive likely affected the Upper West Side real estate landscape, potentially increasing demand for luxury properties in the area. This influence extends beyond the immediate vicinity, contributing to broader trends in Manhattan’s luxury residential market.
Extell’s involvement as the developer of 155 Riverside Drive has significantly shaped the building’s identity, from its architectural design and amenity offerings to its market positioning and overall impact on the local real estate landscape. Understanding Extell’s role provides valuable context for analyzing the building’s prominence within the competitive Manhattan luxury residential market. The development of 155 Riverside Drive reflects Extell’s established brand identity and its ongoing contribution to the evolution of luxury living in New York City.
6. Completed in 2016
The completion date of 2016 situates 155 Riverside Drive within a specific timeframe of New York City’s real estate development. This timing is significant for understanding the building’s design, technology, and market context. Analyzing this timeframe provides insights into the prevailing architectural trends, construction practices, and economic conditions that influenced the project.
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Modern Building Standards and Technology
Completed in 2016, the building benefits from modern building codes and incorporates contemporary construction technologies. This includes advanced structural engineering, energy-efficient systems, and updated safety features. These aspects contribute to the building’s structural integrity, long-term sustainability, and overall value. The incorporation of smart home technology, prevalent in newer constructions, likely enhances the property’s appeal to modern residents.
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Contemporary Design Trends
The 2016 completion date aligns with contemporary architectural and interior design trends. The building’s design likely reflects the prevailing aesthetics of the time, influencing its visual appeal and market positioning. This includes the use of specific materials, color palettes, and spatial layouts. Comparing 155 Riverside Drive to buildings completed in earlier decades highlights the evolution of design preferences and construction practices.
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Post-Recession Market Context
The building’s completion followed the 2008 financial crisis, placing it within a specific economic context. The post-recession real estate market influenced the project’s development trajectory, impacting pricing strategies and target demographics. Analyzing the market conditions of 2016 provides insights into the building’s initial market reception and subsequent performance within the luxury real estate sector. This period saw a resurgence of luxury development in Manhattan, and 155 Riverside Drive reflects this trend.
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Current Condition and Maintenance
Being a relatively new construction, the building is expected to be in good condition with up-to-date maintenance. This reduces the likelihood of major repairs or renovations in the near future, a factor that influences both property values and the overall living experience. This aspect is particularly relevant for potential buyers and investors considering properties of varying ages. The building’s current condition contributes to its market value and reinforces its positioning within the luxury residential segment.
The completion date of 2016 provides a critical lens for evaluating 155 Riverside Drive. It contextualizes the building’s design, technology, and market positioning within a specific timeframe of New York City’s real estate development. Understanding this context allows for a more informed assessment of the building’s features, value proposition, and long-term prospects within the dynamic landscape of Manhattan’s luxury residential market.
7. Near Riverside Park
Proximity to Riverside Park significantly enhances the appeal of 155 Riverside Drive. This connection offers residents immediate access to green space, recreational opportunities, and scenic Hudson River views. The park’s presence contributes to a higher quality of life, influencing property values and attracting residents seeking a balance of urban living and natural surroundings. This direct access to nature differentiates the property from others in the area, adding to its desirability. For example, residents can easily engage in activities like jogging, cycling, or picnicking, enhancing their physical and mental well-being. The parks playgrounds and dog runs further cater to diverse needs within the community.
Riverside Park’s meticulously landscaped gardens, walking paths, and sports facilities provide a tranquil escape from the city’s hustle and bustle. This proximity fosters a sense of community, encouraging social interaction and outdoor activities. The presence of community events and cultural performances within the park further strengthens this connection. Furthermore, Riverside Park’s historical significance as a key element of the city’s urban planning adds to the area’s cultural richness. This historical context adds depth to the residential experience, connecting residents to the city’s heritage. This combination of recreational opportunities, community engagement, and historical significance makes Riverside Park a valuable asset for residents of 155 Riverside Drive.
In summary, the close proximity to Riverside Park is a defining characteristic of 155 Riverside Drive, influencing its market value, attracting residents, and contributing to a desirable urban lifestyle. This readily accessible green space offers significant benefits, enhancing both physical and mental well-being. The parks role in fostering community engagement and providing recreational opportunities strengthens the property’s appeal, making it a sought-after location in the competitive Manhattan real estate market. Understanding the significance of this connection provides valuable insights into the dynamics of urban living and the importance of integrating green spaces within urban environments.
8. High-End Amenities
The high-end amenities offered at 155 Riverside Drive are a critical component of its luxury identity and market positioning. These amenities contribute significantly to resident lifestyle, property value, and overall desirability. They represent a key differentiator within the competitive Manhattan real estate landscape and are essential to understanding the building’s appeal to discerning buyers.
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Fitness and Wellness Facilities
State-of-the-art fitness centers, swimming pools, and spa facilities cater to residents’ health and wellness needs. These amenities often include specialized equipment, personal training services, and dedicated spaces for yoga and Pilates. At 155 Riverside Drive, these offerings contribute to a holistic approach to luxury living, promoting an active and healthy lifestyle within the convenience of the building. Comparable luxury buildings in the area often feature similar fitness and wellness amenities, reflecting the growing demand for such services.
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Entertainment and Social Spaces
Dedicated spaces for entertainment and social gatherings are essential components of luxury residential buildings. These may include resident lounges, private dining rooms, screening rooms, and outdoor terraces. Such spaces facilitate social interaction among residents and provide opportunities for hosting private events. The presence of these amenities at 155 Riverside Drive contributes to a sense of community and enhances the overall resident experience. These shared spaces cater to diverse needs, from casual gatherings to formal events.
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Concierge and Resident Services
Comprehensive concierge services and dedicated staff contribute to the seamless and convenient lifestyle offered by luxury residential buildings. These services can include package handling, dry cleaning, transportation arrangements, and personalized assistance with various tasks. At 155 Riverside Drive, these offerings streamline daily life for residents, freeing up their time and enhancing their overall comfort. The availability of these services reinforces the building’s commitment to providing a premium living experience.
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Children’s Amenities and Family-Oriented Spaces
Dedicated spaces for children, such as playrooms, outdoor playgrounds, and children’s pools, cater to the needs of families. These amenities provide safe and engaging environments for children to play and interact. The presence of these features at 155 Riverside Drive makes the building attractive to families seeking a convenient and enriching environment. The inclusion of family-oriented amenities reflects the growing trend of luxury buildings catering to a wider range of demographics.
The comprehensive suite of high-end amenities at 155 Riverside Drive plays a crucial role in defining its luxury identity and attracting discerning residents. These amenities contribute not only to the convenience and comfort of daily life but also to the overall sense of community and exclusivity. They represent a significant investment in resident well-being and lifestyle enhancement, solidifying 155 Riverside Drive’s position within the competitive luxury residential market of Manhattan. By offering a diverse range of amenities, the building caters to various needs and preferences, creating a comprehensive and desirable living experience.
9. Prime Manhattan Address
The designation of “prime Manhattan address” carries significant weight, signifying a confluence of desirable factors, and 155 Riverside Drive exemplifies this concept. A prime address reflects not only a prestigious location but also a combination of factors contributing to exclusivity and high market value. These factors include proximity to cultural attractions, upscale retail establishments, convenient transportation, desirable school districts, and scenic views. 155 Riverside Drive’s location on the Upper West Side, overlooking the Hudson River, and near prominent cultural institutions like Lincoln Center aligns with these criteria. Similar prime addresses on the Upper East Side, such as those along Fifth Avenue facing Central Park, or those in Tribeca with proximity to both the Hudson River and vibrant nightlife, illustrate the consistent emphasis on location, lifestyle, and exclusivity. The scarcity of such addresses contributes significantly to their desirability and market value.
The “prime Manhattan address” designation influences property values, social perceptions, and investment potential. Properties in these locations often command premium prices and experience greater appreciation over time. This reflects the high demand and limited supply inherent in these exclusive markets. Furthermore, a prime address can confer social status and signify a certain lifestyle, attracting affluent individuals and families. For example, residing at 155 Riverside Drive may suggest a preference for cultural engagement, access to green space (Riverside Park), and a sophisticated urban lifestyle. Understanding the implications of a “prime Manhattan address” allows for a more nuanced analysis of real estate market dynamics and the factors driving investment decisions in specific neighborhoods. This understanding is crucial for both buyers and sellers navigating the complex Manhattan real estate market.
In conclusion, “prime Manhattan address” is more than just a label; it represents a confluence of factors that contribute to a property’s exclusivity, desirability, and market value. 155 Riverside Drive embodies this concept through its location, amenities, and architectural design. Recognizing the significance of this designation provides valuable insights into the dynamics of Manhattan’s luxury real estate market and the motivations driving both individual buyers and institutional investors. The scarcity, prestige, and associated lifestyle benefits of prime addresses like 155 Riverside Drive solidify their position as highly sought-after properties within the global real estate landscape.
Frequently Asked Questions
This section addresses common inquiries regarding the property located at 155 Riverside Drive, New York City. The information provided aims to offer a comprehensive overview of key aspects related to the building, its location, and surrounding environment.
Question 1: What type of property is located at 155 Riverside Drive?
The property is a luxury residential building comprising high-end condominium units. It offers a range of apartment sizes and layouts, catering to diverse living preferences.
Question 2: When was the building completed?
Construction of 155 Riverside Drive was completed in 2016.
Question 3: Who developed the property?
Extell Development Company developed 155 Riverside Drive.
Question 4: What amenities are available to residents?
Residents have access to a comprehensive suite of amenities, including a fitness center, swimming pool, children’s playroom, and concierge services. These amenities contribute to a luxurious and convenient lifestyle.
Question 5: What is the significance of the location?
The propertys location on Riverside Drive offers stunning views of the Hudson River and proximity to Riverside Park. Its Upper West Side location provides convenient access to cultural attractions, transportation, and renowned educational institutions.
Question 6: What architectural style defines the building?
The building features a modern architectural style, characterized by clean lines, expansive glass facades, and a minimalist aesthetic. This design emphasizes natural light and integrates seamlessly with the surrounding urban environment.
This FAQ section offers a concise overview of key facts regarding 155 Riverside Drive. Further inquiries regarding specific aspects of the property should be directed to appropriate real estate representatives or management personnel.
The subsequent section will delve further into specific aspects of the building, including its interior design, floor plans, and available units.
Tips for Researching a Property Like 155 Riverside Drive NYC
Thorough research is crucial when considering a significant real estate investment. This section provides valuable tips for investigating properties comparable to the luxury residential building located at the specified address. Due diligence ensures informed decisions and maximizes the potential for a successful investment outcome.
Tip 1: Analyze Comparable Properties: Examine similar properties in the neighborhood and surrounding areas. This comparative analysis provides insights into market values, pricing trends, and available amenities. Consider factors such as square footage, building age, and recent sales data for a comprehensive understanding of the market landscape.
Tip 2: Investigate the Developer’s Reputation: Research the developer’s track record and reputation within the industry. Evaluate the quality of their previous projects and their commitment to customer satisfaction. This information can provide valuable insights into the developer’s reliability and the potential long-term value of the property.
Tip 3: Assess the Building’s Financial Health: Review the building’s financial statements, including operating budgets and reserve funds. This financial analysis helps determine the building’s long-term financial stability and the potential for future assessments or maintenance challenges. A healthy financial standing contributes to the property’s overall investment value.
Tip 4: Evaluate Management Quality: Assess the quality of the building’s management company. Inquire about their responsiveness, maintenance practices, and overall management style. Effective management contributes to a positive living experience and helps maintain the property’s value over time.
Tip 5: Explore Neighborhood Dynamics: Research the neighborhood’s demographics, amenities, and future development plans. Consider factors such as proximity to transportation, schools, parks, and cultural attractions. Understanding neighborhood dynamics provides insights into the area’s long-term desirability and potential for growth.
Tip 6: Review Legal Documents Carefully: Thoroughly review all legal documents related to the property, including the purchase agreement, building bylaws, and any other relevant contracts. Seek professional legal counsel to ensure a comprehensive understanding of all terms and conditions before making a commitment.
Tip 7: Consider Future Resale Value: Evaluate the property’s potential for future resale value. Consider factors such as location, building quality, and market trends. A property with strong resale potential represents a more secure investment opportunity.
By implementing these research strategies, potential buyers can gain a comprehensive understanding of the property and make informed investment decisions. Due diligence and thorough research mitigate risks and maximize the potential for a successful real estate investment.
The following conclusion summarizes key findings and offers final perspectives on the property at 155 Riverside Drive.
Conclusion
This exploration of 155 Riverside Drive NYC has provided a comprehensive overview of this luxury residential building. Key aspects, including its modern architecture, high-end amenities, prime Upper West Side location, proximity to Riverside Park, and development by Extell, contribute to its prestigious status within the Manhattan real estate market. The building’s 2016 completion date situates it within a contemporary context, reflecting current design trends and construction standards. The unobstructed Hudson River views further enhance its appeal, adding to its desirability and market value.
The information presented underscores the significance of this address within the broader context of luxury urban living. Careful consideration of these factors provides valuable insights for prospective residents and investors seeking to understand the dynamics of this specific segment of the Manhattan real estate market. Further investigation and direct engagement with relevant real estate professionals are recommended for those seeking a deeper understanding of the opportunities presented by this property.
