Libraries are latest fashionable amenity in condos

Apr.April 06, 2012 08:30 AM

State-of-the-art fitness centers and outdoor spaces double as the most sought after and most frequent amenities in luxury Manhattan residential buildings. But according to the New York Times a decidedly low-tech amenity is gaining traction among buyers and developers are responding. They’re bringing libraries to their buildings.

Extell Development is bringing one to its high-profile One57 condominium and the the Toll Brothers are doing the same with their forthcoming Touraine condo on the Upper East Side.

“A library increases the square footage of your own apartment because it gives an extra quiet place in the building you can get away to,” said Rutenberg Realty co-founder Kathy Braddock. “That’s a big deal in New York. Whether residents read the books on the shelves is irrelevant.”

For developers, libraries come at a low cost and don’t need to be stocked with volumes all at once. Many builders start the collection — the Toren was filled with 500 books from the Strand bookstore —and leave the residents to fill out the rest.

The Manhattan House at East 66th Street, the 1 Rector Park, the Caledonia on West 17th Street,Tribeca Tower On Duane Street, New York by Gehry on Spruce Street, the Toren condo in Fort Greene, the Avery on Riverside Boulevard and the Ardsley on Central Park West are just some of the buildings the Times named with libraries. [NYT]

Related Articles

Tribeca neighbors locked in a protracted legal dispute over access to an alley, 5 Franklin Place, raise questions about city agencies’ actions after lobbying. (Credit: Google Maps, Wikipedia Commons, iStock)

In Tribeca, an alley fight for the ages

Meryl Streep, 92 Laight Street and Kenneth Tropin (inset) (Credit: Getty Images and Google Maps)

Hedge funder Kenneth Tropin is buyer of Meryl Streep’s Tribeca pad

Rumble's Chelsea location at 146 West 23rd Street, Noah Neiman and Brian Ripka (inset) (Credit: Getty Images and Google Maps)

The gloves are off: Another lawsuit for boxing chain Rumble

250 Church Street with Normandy’s founding partners Jeff Gronning, Finn Wentworth and David Welsh (Credit: Google Maps, Normandy)

Columbia, Normandy close on $205M purchase of 250 Church Street

Caspi Development’s Joshua Caspi, Core Asset Management’s James R. Parks, Hana Financial Investment’s Lee Jin-Kook, and 456 Greenwich

Goodbye bankruptcy, hello construction loan: Breakthrough for Tribeca hotel project

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

HAP Investments CEO Eran Polack and 65 Franklin Street (Credit: Google Maps)

HAP Investments secures $94M construction loan for Tribeca condo project

Tribeca clock tower may be converted into penthouse, appeals court rules

Tribeca clock tower may be converted into penthouse, appeals court rules