The Real Deal New York

Crazy for cabanas

Sales of rooftop space on the rise as economy improves, weather warms

July 12, 2011 04:07PM
By Russell Steinberg

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The rooftop at One Brooklyn Bridge Park

From the July issue: New Yorkers are not just shopping for apartments this summer. They’re also increasingly buying their own private pads on the roofs of their buildings.

Sales of rooftop “cabanas,” which residents at some new city condo buildings can buy for their own exclusive use, were slow during the downturn. But brokers say sales for these luxury, outdoor add-ons have recently picked up. Cabanas’ recent popularity has been especially visible at newly converted condo One Brooklyn Bridge Park in Brooklyn Heights, which is being marketed by the brokerage MNS.

According to MNS Executive Vice President Highlyann Krasnow, half of the building’s 18 shaded cabanas, which are hooked up to gas and water for barbecues, have been sold at prices ranging from $150,000 to $200,000. [more]

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