Fewer amenities, more sales

July 11, 2007 12:00AM

Though many new Manhattan condos garner press because of over-the-top amenities packages, some small- to mid-size building developers are bucking the trend, finding they don’t need amenities galore to move units. “In a small- to medium-size property, it could be an option to not include amenities,” said Gordon Golub, Citi Habitats’ senior managing director. “You’d have to make sure the property is strong enough without the additional amenities.” Fewer amenities can decrease sales prices and common charges, which marketers say can make a condo in an A-list neighborhood even more desirable. more By Lauren Elkies


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