New York City Realtor Mckenzie Foster is a former gymnast who was the subject of two books about a child gymnast - I am a Gymnast, and I Love Gymnastics. While studying New York City history in middle school, Mckenzie Foster became fascinated with the city’s historic buildings, setting her on a path to a real estate career.
What may be considered one of the city’s most significant current real estate trends is the transformation of historic New York City buildings into luxury condominiums. The latest such high-end buildings in the city were formerly libraries, shopping centers, and banks. With land being at a premium in New York City, developers are utilizing every square foot of real estate available.
These historic buildings are among the available spaces, but are frequently covered by landmark preservation regulations that do not allow the buildings to be demolished. The upside to this situation is that the new luxury condos have unique histories that add to their appeal. Some of the buildings undergoing transformation include One Wall Street, a former Bank of New York building, and 67 Vestry, The Great Atlantic & Pacific Company warehouse erected in 1896.
What may be considered one of the city’s most significant current real estate trends is the transformation of historic New York City buildings into luxury condominiums. The latest such high-end buildings in the city were formerly libraries, shopping centers, and banks. With land being at a premium in New York City, developers are utilizing every square foot of real estate available.
These historic buildings are among the available spaces, but are frequently covered by landmark preservation regulations that do not allow the buildings to be demolished. The upside to this situation is that the new luxury condos have unique histories that add to their appeal. Some of the buildings undergoing transformation include One Wall Street, a former Bank of New York building, and 67 Vestry, The Great Atlantic & Pacific Company warehouse erected in 1896.
